Company: TNRSF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001171843-25-002694
Chunk: 13

Company: TENARIS SA
Filing Date: 2025-05-01
Form: 6-K
Chunk 13
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 ($0.80
per ADS), was paid on May 22, 2024, for an amount of approximately $459 million. In the aggregate, the
interim dividend paid in November 2023 and the balance paid in May 2024 amounted to approximately $694 million.

| 11 | Property, plant and equipment, net |

| Three-month period ended March 31, |     | 2025        
 (Unaudited) |           |   |     | 2024 |           |   |
|:-----------------------------------|:----|:------------|----------:|:--|:----|:-----|----------:|:--|
| Opening net book amount            |     |             | 6,121,471 |   |     |      | 6,078,179 |   |
| Currency translation adjustment    |     |             |    22,639 |   |     |      |   (12,491 | ) |
| Additions                          |     |             |   159,897 |   |     |      |   161,048 |   |
| Disposals / Consumptions           |     |             |    (1,884 | ) |     |      |    (6,440 | ) |
| Transfers / Reclassifications      |     |             |       (57 | ) |     |      |      (950 | ) |
| Depreciation charge                |     |             |  (118,815 | ) |     |      |  (125,201 | ) |
| At March 31,                       |     |             | 6,183,251 |   |     |      | 6,094,145 |   |

The Company’s Brazilian subsidiary Confab Industrial S.A. (“Confab”) holds certain real estate assets, with a carrying value of $32.5 million, that are subject to a judicial mortgage aimed at securing the indemnification potentially payable to Companhia Siderúrgica Nacional (“CSN") under a lawsuit brough by CSN against Confab and other related companies. The litigation is currently pending, and no amount is currently owed by Confab. See note18.

See note 19 for a description of certain
restricted assets with a carrying value of $56.2 million held in Saudi Arabia by the Company’s subsidiary Saudi Steel Pipe Company
(“SSPC”), in which Tenaris holds a 47.79% interest.

As of March 31