Company: TNRSF
Filing Date: 2025-04-07
Form Type: 6-K
Source: 0001171843-25-002038
Chunk: 31

Company: TENARIS SA
Filing Date: 2025-04-07
Form: 6-K
Chunk 31
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Mr. Ayat, Ms. Novales-Flamarique, Ms. Montgomery, Mr. Serra Puche, and
Ms. Tiuba qualify as independent directors for purposes of the U.S. Securities Exchange Act Rule 10A-3(b)(1) and under the Company’s
articles of association.

Draft resolution proposed to be adopted: “the Annual General Meeting of Shareholders resolved to (i) maintain the number of members of the Board of Directors at eleven and (ii) re-appoint Mr. Simon Ayat, Mr. Roberto Bonatti, Mr. Carlos Condorelli, Mr. Germán Curá, Ms. Molly Montgomery, Ms. María Novales-Flamarique, Mr. Gianfelice Mario Rocca, Mr. Paolo Rocca, Mr. Jaime Serra Puche, Ms. Monica Tiuba and Mr. Guillermo Vogel to the Board of Directors”

7. Approval of the compensation payable to the members of the Board of Directors for the year ending 31 stDecember 2025.

Under the Shareholders Rights Law the Company is required to adopt a compensation
policy applicable to the members of the Board of Directors and the chief executive officer (the “”).

On 29 April 2020 the Board of Directors adopted the Compensation
Policy, setting forth the principles and guidelines for purposes of determining the compensation payable to the members of the Board of
Directors and the Company’s chief executive officer, which was submitted to an advisory non-binding vote, and was approved by majority
vote, at the annual shareholders meeting held on 2ndJune 2020. At its meeting held on 21
February 2024, the Board of Directors approved a revised Compensation Policy, which was also submitted to the advisory non-binding vote,
and was approved by majority vote, at the annual shareholders meeting held on 30 April 2024.

The updated Compensation Policy is available to shareholders and ADR holders
on the Company’s website at ir.tenaris.com/corporate-governance/annual-general-meeting.

In accordance with the Compensation Policy, it is proposed that each member
of the Board of Directors receive an amount of US$115,000 as compensation for his/her services during the fiscal year 2025; and it is
further proposed that each of the members of the Board of Directors who are members of the Audit Committee receive an additional fee of
US$55,000 and that the chairperson of the Audit Committee receive, further, an