Company: TNRSF
Filing Date: 2025-04-07
Form Type: 6-K
Source: 0001171843-25-002038
Chunk: 26

Company: TENARIS SA
Filing Date: 2025-04-07
Form: 6-K
Chunk 26
---
 who were members of the Board of Directors throughout the year ended 31 stDecember 2024, from any liability in connection with the management of the Company’s affairs during such year.”

6. Election of the members of the Board of Directors.

Management of the Company is vested in the Board of Directors, which has
the broadest power to act on behalf of the Company and accomplish or authorize all acts and transactions of management and disposal that
are within its corporate purpose and not specifically reserved in the articles of association or by applicable law to the general shareholders’
meeting. The Company’s articles of association provide for a Board of Directors consisting of a minimum of three and a maximum of
fifteen directors; however, for as long as the Company’s shares are listed on at least one regulated market, the minimum number
of directors must be five. The current Board of Directors is composed of eleven directors.

| 12 |

During 2024, the Board of Directors met six times and adopted two unanimous
written resolutions. On 31st January 2003, the Board of Directors created an audit committee (the
“”) pursuant to Article 11 of the Company’s articles of association, which operates under a charter
which has been amended and restated by the Board of Directors on 8 October 2021. As permitted under applicable laws and regulations,
the Board of Directors does not have any executive, nominating or compensation committee, or any committees exercising similar functions.

It is proposed that (i) the number of directors be maintained at eleven
and (ii) all current directors be reappointed to the Board of Directors, each to hold office until the next annual general meeting of
shareholders that will be convened to decide on the Company’s 2025 annual accounts.

Set forth below is summary biographical information of each of the candidates
to the Board of Directors:

Mr. Ayat is a member of the Board of Directors and of
its Audit Committee. He served as Schlumberger’s executive vice president and chief financial officer from 2007 until early 2020
and as senior strategic advisor to the chief executive officer of Schlumberger until January 2022. Mr. Ayat has held several financial
and operational positions in Schlumberger, where he commenced his career in 1982. He was based in Paris, Houston and Dallas, as well as
in the Middle East and Far East regions, serving as group treasurer, controller, geomarket manager for Indonesia and drilling regional
vice president