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Tenaris S.A.

Transaction in Own Shares Jan 3, 2025

6230_pos_2025-01-03_f2ad4f4e-6035-480f-a8c6-ca73984625fd.pdf

Transaction in Own Shares

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

Weekly Report (December 30, 2024 – January 3, 2025) on the USD 700 million Tenaris Share Buyback Program.

Luxembourg, January 3, 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 December 30, 2024 to (and including) January 3, 2025:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in EUR Reference
FX
Purchases in USD
30-dic-24 MTAA 331,448 18.0928 5,996,822 1.0380 6,224,702
30-dic-24 CEUX 171,979 18.0950 3,111,960 1.0380 3,230,214
02-ene-25 MTAA 50,000 18.3666 918,330 1.0281 944,135
03-ene-25 MTAA 300,000 18.3517 5,505,510 1.0287 5,663,518
853,427 18.2003 15,532,622 16,062,569

From December 30, 2024 to (and including) January 3, 2025, the Company has purchased a total of 853,427 ordinary shares for a total consideration of €15,532,622, equivalent to USD16,062,569.

As of January 3, 2025, the Company held in treasury 78,835,337 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 6.78% 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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