Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 53

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 53
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402 |     |        | 1,000,833 |     |                | 1,308,504 |     |             |         - |     |       | 11,762,526 |
| Property, plant and equipment, net        |     |         | 3,548,844 |     |         | 1,031,423 |     |        |   706,539 |     |                |   269,457 |     |             |         - |     |       |  5,556,263 |
| Intangible Assets, net                    |     |         | 1,102,265 |     |         |   147,102 |     |        |     7,598 |     |                |    75,543 |     |             |         - |     |       |  1,332,508 |
| Right of Use Assets, net                  |     |         |    37,022 |     |         |    12,141 |     |        |    15,208 |     |                |    47,370 |     |             |         - |     |       |    111,741 |
| Investments in non-consolidated companies |     |         |         - |     |         |         - |     |        |         - |     |                |         - |     |             | 1,540,646 |     |       |  1,540,646 |

(*)Starting on January 1, 2023, Asia Pacific and Middle East and Africa areas were merged in a single geographical area.

(**)For the years 2024, 2023 and 2022 includes Investments in non-consolidated companies. See note 14to these Consolidated Financial Statements.

There are no revenues from external customers attributable to the Company’s
country of incorporation (Luxembourg).

The principal countries from which the Company derives its revenues are
USA (32%), Argentina (12%), Saudi Arabia, Canada, Mexico and Brazil
(each less than 10%).

As of December 31, 2024, 2023 and 2022 non-current assets comprising property,
plant and equipment, intangible assets and right of use assets attributable to the Company’s country of incorporation (Luxembourg)
amounted to $15.6 million, $10.7 million and $2.9
million, respectively.

Revenue is mainly recognized at a point in time to direct customers, when
control