Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 87

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 87
---
      77 |   |
| Increase due to business combinations (**) |     |             |       - |   |     |                   |  5,317 |   |     |       |   5,317 |   |
| Additional provisions                      |     |             |  30,057 |   |     |                   |  6,941 |   |     |       |  36,998 |   |
| Reclassifications                          |     |             |       - |   |     |                   |    164 |   |     |       |     164 |   |
| Used                                       |     |             | (13,588 | ) |     |                   | (4,194 | ) |     |       | (17,782 | ) |
| At December 31, 2023                       |     |             |  19,940 |   |     |                   | 16,019 |   |     |       |  35,959 |   |

(*)Other claims and contingencies mainly include lawsuits and other legal proceedings, including employee, tax and environmental-related claims.

For the year 2024, includes $ 89.4million related the ongoing litigation related to the acquisition of participation in Usiminas. For more information see note 27 (i).

(**)For the years 2024 and 2023, related to Mattr’s pipe coating business unit acquisition. For more information see note 34.

| - 59 - |

| Consolidated Financial Statements                                                                           |
| For the years ended 2024, 2023 and 2022 - all amounts in thousands of U.S. dollars, unless otherwise stated |

### 26Derivative financial instruments
Net fair values of derivative financial instruments

The net fair values of derivative financial instruments, in accordance
with IFRS 13, are:

|                                     |     | Year ended December 31, |   2024 |   |     |     |    2023 |   |
|:------------------------------------|:----|:------------------------|-------:|:--|:----|:----|--------:|:--|
| Other derivatives                   |     |                         |  7,484 |   |     |     |   9,801 |   |
| Contracts with positive fair values |     |                         |  7,484 |   |     |     |   9,801 |   |
| Other derivatives                   |     |                         | (