Company: TNRSF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001171843-25-006841
Chunk: 31

Company: TENARIS SA
Filing Date: 2025-10-30
Form: 6-K
Chunk 31
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358,382 |   |     |     |  356,971 |   |
|       | Taxes paid                                                          |     |                         | (422,196 | ) |     |     | (579,321 | ) |
|       |                                                                     |     |                         |  (63,814 | ) |     |     | (222,350 | ) |
| (iii) | Interest accruals less payments, net                                |     |                         |          |   |     |     |          |   |
|       | Interest accrued, net                                               |     |                         | (167,201 | ) |     |     | (138,704 | ) |
|       | Interest received                                                   |     |                         |  175,504 |   |     |     |  177,186 |   |
|       | Interest paid                                                       |     |                         |  (19,612 | ) |     |     |  (46,795 | ) |
|       |                                                                     |     |                         |  (11,309 | ) |     |     |   (8,313 | ) |

Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar.

| 22 | Related party transactions |

As of September 30, 2025:

| § | San Faustin, a Luxembourg société anonyme, owned 713,605,187 shares in the Company, representing 66.57% of the Company’s issued shares and 68.64% of the outstanding shares. |

| § | San Faustin owned all of its shares in the Company through its wholly-owned subsidiary Techint Holdings S.à.r.l., a Luxembourg société à responsabilité limitée (“Techint”), who is the holder of record of the above-mentioned shares. |

| § | Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a private foundation located in the Netherlands (Stichting) (“RP STAK”) held voting shares in San Faustin sufficient in number to control San Faustin. |

| § | No person or group of persons controls RP STAK. |

On September 19, 2025, the Company announced that San Faustin and Techint had filed with the SEC an amendment to their Schedule 13D, reporting that, for portfolio-management purposes and in response to the Company’s ongoing share repurchase program discussed below, which caused San Fa