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Tenaris S.A.

Transaction in Own Shares Jan 31, 2025

6230_pos_2025-01-31_b640ee53-e667-4e76-9643-dcafea9ce91e.pdf

Transaction in Own Shares

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Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com

Weekly Report (January 27, 2025 – January 31, 2025) on the USD 700 million Tenaris Share Buyback Program.

Luxembourg, January 31, 2025. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its up to USD 700 million Share Buyback Program announced on November 10, 2024, (subject to a maximum of 46,373,915 ordinary shares), to be executed in the open market, it has repurchased the following ordinary shares from January 27, 2025 to (and including) January 31, 2025:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
27-ene-25 MTAA 308,758 18.5105 5,715,265 1.0498 5,999,885
27-ene-25 CEUX 101,520 18.4896 1,877,064 1.0498 1,970,542
27-ene-25 TQEX 20,300 18.4735 375,012 1.0498 393,688
28-ene-25 MTAA 380,323 18.3368 6,973,907 1.0424 7,269,600
29-ene-25 MTAA 379,954 18.0469 6,856,992 1.0420 7,144,985
29-ene-25 CEUX 306,200 18.0815 5,536,555 1.0420 5,769,091
29-ene-25 TQEX 36,700 18.0654 663,000 1.0420 690,846
29-ene-25 AQEU 35,100 18.0648 634,074 1.0420 660,706
30-ene-25 MTAA 250,000 18.2460 4,561,500 1.0430 4,757,645
31-ene-25 MTAA 303,655 18.3466 5,571,037 1.0395 5,791,093
31-ene-25 CEUX 270,000 18.3512 4,954,824 1.0395 5,150,540
2,392,510 18.2734 43,719,231 45,598,620

From January 27, 2025 to (and including) January 31, 2025, the Company has purchased a total of 2,392,510 ordinary shares for a total consideration of €43,719,231, equivalent to USD45,598,620.

As of January 31, 2025, the Company held in treasury 83,757,212 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 7.20% of the total issued share capital.

Tenaris intends to cancel treasury shares purchased under the Programs in due course.

Details of the above transactions, are available on Tenaris's corporate website under the Share Buyback Program Section https://ir.tenaris.com/share-buyback-program.

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.

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