Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 102

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 102
---
 |     |                         | (702,190 | ) |     |      | (818,347 | ) |     |      |   (359,585 | ) |
|       |                                                                     |     |                         | (222,510 | ) |     |      | (143,391 | ) |     |      |    257,651 |   |
| (iii) | Interest accruals less payments, net                                |     |                         |          |   |     |      |          |   |     |      |            |   |
|       | Interest accrued, net                                               |     |                         | (181,107 | ) |     |      | (106,612 | ) |     |      |    (34,080 | ) |
|       | Interest received                                                   |     |                         |  240,809 |   |     |      |  147,473 |   |     |      |     68,335 |   |
|       | Interest paid                                                       |     |                         |  (60,769 | ) |     |      |  (94,341 | ) |     |      |    (32,775 | ) |
|       |                                                                     |     |                         |   (1,067 | ) |     |      |  (53,480 | ) |     |      |      1,480 |   |

(*)Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar.

| - 67 - |

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

#### 31Related party transactions
As of December 31, 2024:

| § | San Faustin S.A., a Luxembourg société anonyme, owned 713,605,187                    
 shares in the Company, representing 61.37% of the Company’s share capital and 65.81% 
 of the voting rights.                                                                |

| § | San Faustin owned all of its shares in the Company through its wholly-owned subsidiary Techint Holdings 
 S.à.r.l., a Luxembourg société à responsabilité limitée (“Techint”), who                                
 is the holder of record of the above-mentioned Tenaris shares.                                          |

| § | Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin