Company: TNRSF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001171843-25-006841
Chunk: 5

Company: TENARIS SA
Filing Date: 2025-10-30
Form: 6-K
Chunk 5
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            (898,935 | ) |     |        116,276 |   |     |       609,733 |     |                      (1,004,912 | ) |     |           (309,459 | ) |     |            17,524,947 |   |     | 17,200,408 |   |     |               219,167 |   |     | 17,419,575 |   |

The Company had an authorized share capital of a single class of 2.5 billion shares having a nominal value of USD1.00 per share. As of September 30, 2024, there were 1,162,757,528 shares issued. All issued shares are fully paid.

As of September 30, 2024, the Company held 53,900,466 treasury shares, and there were 1,108,857,062 outstanding shares. For more information see note 23.

On April 30, 2024, the extraordinary general meeting of shareholders approved the cancelation of 17,779,302 ordinary shares held in treasury by the Company and the corresponding reduction of the issued share capital of the Company and, accordingly, the legal reserve was proportionally reduced.

Other reserves include mainly the result of transactions with non-controlling interests that do not result in a loss of control, the remeasurement 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.

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

Mainly related to the change in the fair value of U.S. dollar-denominated Argentine bonds.

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.

| 5 |

CONSOLIDATED CONDENSED INTERIM STATEMENTS OF CASH FLOWS

|                                                                                              |     |             | Notes | Nine-month period ended September 30, |             2025 |   |     |     |       2024 |   |
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