Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 85

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 85
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 of 1% in the discount
rate assumption of the main plans would have generated a (decrease) / increase on the defined benefit obligation of $8.8
million and $7.4 million respectively, and an increase / (decrease) of 1% in the compensation rate assumption
of the main plans would have generated an increase / (decrease) on the defined benefit obligation of $0.6
million and $0.7 million respectively. The above sensitivity analyses are based on a change in discount
rate and rate of compensation while holding all other assumptions constant. In practice, this is unlikely to occur, and changes in some
of the assumptions may be correlated.

The expected employer contributions for the year 2025 are not material.

The methods and types of assumptions used in preparing the sensitivity
analyses did not change compared to the previous period.

| (ii) | Other liabilities – Current |

|                                            |     | Year ended December 31, |    2024 |     |     |    2023 |
|:-------------------------------------------|:----|:------------------------|--------:|:----|:----|--------:|
| Payroll and social security payable        |     |                         | 270,016 |     |     | 301,213 |
| Shares to be settled under buyback program |     |                         | 243,264 |     |     |  86,240 |
| Miscellaneous                              |     |                         |  72,495 |     |     |  35,192 |
|                                            |     |                         | 585,775 |     |     | 422,645 |

| 24 | Non-current allowances and provisions |

Liabilities

|                                           |     | Year ended December 31, |    2024 |   |     |     |    2023 |   |
|:------------------------------------------|:----|:------------------------|--------:|:--|:----|:----|--------:|:--|
| Values at the beginning of the year       |     |                         | 101,453 |   |     |     |  98,126 |   |
| Translation differences                   |     |                         | (11,718 | ) |     |     |   4,260 |   |
| Increase due to business combinations (*) |     |                         |    (900 | ) |     |     |   1,500 |   |
| Additional allowance                      |     |                         |