Tenaris S.A. announced that annual general meeting of shareholders and its extraordinary general meeting of shareholders both held on April 30, 2024, approved an annual dividend of USD 0.60 per share (or USD 1.20 per ADR), which represents an aggregate sum of approximately US$0.7 billion, and which includes the interim dividend of US$0.20 per share (USD 0.40 per ADR), or approximately USD 235 million, paid in November 2023. Tenaris will pay the balance of the annual dividend in the amount of USD 0.40 per share entitled to dividends (or USD 0.80 per ADR), in U.S. dollars, which represents approximately USD 459 million, on May 22, 2024, with an ex-dividend date of May 20, 2024, and record date of May 21, 2024.