Giovanni Sardagna Tenaris

1-888-300-5432 www.tenaris.com

Weekly Report (February 26, 2024 - March 1, 2024) on the Second Tranche of Tenaris Share Buyback Program

Luxembourg, March 1, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Second Tranche of the Share Buyback Program announced on February 25, 2024, covering up to $300 million to be executed in the open market, it has repurchased the following ordinary shares from February 26 to (and including) March 1, 2024:

Date

Trading Venue

Shares

Weighted

Purchases in

Reference

Purchases in

Purchased

Average Price

EUR

FX

USD

26-feb-24

MTAA

751,999

16.5735

12,463,255

1.0851

13,523,878

26-feb-24

CEUX

280,000

16.5702

4,639,656

1.0851

5,034,491

26-feb-24

TQEX

38,000

16.5726

629,759

1.0851

683,351

27-feb-24

MTAA

640,232

16.6683

10,671,579

1.0848

11,577,063

27-feb-24

CEUX

295,800

16.6684

4,930,513

1.0848

5,348,867

27-feb-24

TQEX

39,839

16.6610

663,758

1.0848

720,077

28-feb-24

MTAA

772,335

16.6300

12,843,931

1.0834

13,915,115

28-feb-24

CEUX

299,000

16.6291

4,972,101

1.0834

5,386,774

28-feb-24

TQEX

40,500

16.6218

673,183

1.0834

729,326

29-feb-24

MTAA

584,670

16.5135

9,654,948

1.0822

10,448,585

29-feb-24

CEUX

307,000

16.5126

5,069,368

1.0822

5,486,070

29-feb-24

TQEX

41,512

16.5183

685,708

1.0822

742,073

01-mar-24

MTAA

586,249

16.3802

9,602,876

1.0836

10,405,676

01-mar-24

CEUX

245,074

16.3807

4,014,484

1.0836

4,350,095

01-mar-24

TQEX

43,000

16.3831

704,473

1.0836

763,367

4,965,210

16.5591

82,219,591

89,114,808

From February 26, 2024 to (and including) March 1, 2024, the Company has purchased a total of 4,965,210 ordinary shares for a total consideration of €82,219,591, equivalent to USD89,114,808.

As of March 1, 2024, the Company held in treasury 22,744,512 ordinary shares (including 17,779,302 ordinary shares bought in the first tranche), equal to 1.93% of the total issued share capital.

Tenaris intends to cancel all shares purchased under the Program in due course.

Details of the above transactions, are available on Tenaris's corporate website under the Share Buyback

Program Sectionhttps://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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Tenaris SA published this content on 01 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2024 02:54:08 UTC.