Company: TNRSF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001171843-25-002694
Chunk: 3

Company: TENARIS SA
Filing Date: 2025-05-01
Form: 6-K
Chunk 3
---
 of post-employment benefit obligations, the changes in value of cash flow hedges and in financial instruments measured at fair value through other comprehensive income and the changes in the share buyback program liability.

(4)The restrictions to the distribution of profits and payment of dividends according to Luxembourg Law are disclosed in note 18.

The accompanying notes are an integral part of these Consolidated Condensed Interim Financial Statements.

These Consolidated Condensed Interim Financial Statements should be read in conjunction with our audited Consolidated Financial Statements and notes for the fiscal year ended December 31, 2024.

| 4 |

|                                                                                  |     | Shareholders' 
 equity        |           |     |            |          |   |     |          |         |     |         |         |     |             |            |   |     |              |          |   |     |              |            |     |       |            |   |     |             |         |   |     |            |            |   |
|                                                                                  |     | Share         
 Capital (1)   |           |     | Treasury   
 Shares (2) |          |   |     | Legal    
 Reserves |         |     | Share   
 Premium |         |     | Currency    
 Translation 
 Adjustment  |            |   |     | Other        
 Reserves (3) |          |   |     | Retained     
 Earnings (4) |            |     | Total |            |   |     | Non-        
 controlling 
 interests   |         |   |     | Total      |            |   |
|                                                                                  |     |               |           |     |            |          |   |     |          |         |     |         |         |     |             |            |   |     |              |          |   |     |              |            |     |       |            |   |     |             |         |   |     | -Unaudited |            |   |
| Balance at December                                                              
 31, 2023                                                                         |     |               | 1,180,537 |     |            | (213,739 | ) |     |          | 118,054 |     |         | 609,733 |     |             | (990,171   | ) |     |              | (603,978 | ) |     |              | 16,742,536 |     |       | 16,842,972 |   |     |             | 187,465 |   |     |