Company: TNRSF
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001171843-25-002907
Chunk: 4

Company: TENARIS SA
Filing Date: 2025-05-07
Form: 6-K
Chunk 4
---
 apply):

| i. | any issuance of shares (including, without limitation, the direct issuance of shares or upon the exercise                                
 of options, rights convertible into shares, or similar instruments convertible or exchangeable into shares) against a contribution other 
 than in cash; and                                                                                                                        |

| ii. | any issuance of shares (including by way of free shares or at discount), up to an amount of 1.5% of the                                    
 issued share capital of the Company, to directors, officers, agents, employees of the Company, its direct or indirect subsidiaries, or     
 its affiliates (collectively, the “Beneficiaries”), including without limitation the direct issuance of shares or upon the                 
 exercise of options, rights convertible into shares, or similar instruments convertible or exchangeable into shares issued for the purpose 
 of compensation or incentive of the Beneficiaries or in relation thereto (which the Board of Directors shall be authorized to issue upon   
 such terms and conditions as it deems fit).                                                                                                |

The Meeting further acknowledged and resolved to approve the report of
the Board of Directors dated 1 April 2025, in relation with the authorized share capital and the proposed authorizations
to the Board of Directors with respect to any issuance of shares within the authorized share capital while suppressing any pre-emptive
subscription rights of existing shareholders under law and related waiver.

3.
The amendment of article 5 “Share Capital” of the Company’s articles of association to reflect the resolutions on items 1 and 2 of the agenda.

The Meeting resolved to approve the amendment of article 5 “Share
Capital” of the Company’s articles of association, which shall read as follows:

«Article 5. Share capital. The share capital of the Company is set
at one billion seventy one million nine hundred and ninety four thousand nine hundred and thirty US dollars (USD 1,071,994,930), represented
by one billion seventy one million nine hundred and ninety four thousand nine hundred and thirty (1,071,994,930) shares with a par value
of one US dollar (USD 1) per share.

The authorized capital of the Company shall be two billion five hundred
million US dollars (USD 2,500,000,000.-), including the issued share capital, represented by two billion five hundred million (2,500,000,000)
shares with a par value of one US dollar (USD 1.) per share.

The board of directors, or any delegate (s) duly appointed by the