Company: TNRSF
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001171843-25-004951
Chunk: 17

Company: TENARIS SA
Filing Date: 2025-08-01
Form: 6-K
Chunk 17
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 result in significant expenditures, fines, penalties or other sanctions, as well as private lawsuits.

In addition, limitations on our ability to protect our intellectual property rights, including
our trade secrets, could cause a loss in revenue and any competitive advantage we hold.

| 9 |

| Half-year report 2025 - Interim management report |

Cyberattacks could have a material adverse impact on our business and results of operations.
We rely heavily on information systems to conduct our operations, and digital technologies have an increasingly significant role across
our business. Although we devote significant resources to protect our systems and data and we continually monitor and evaluate the actual
or potential impact of external developments and available information on threats and security incidents, we have experienced and expect
to continue to experience varying degrees of cyber incidents in the normal conduct of our business, which may occasionally include sophisticated
cybersecurity threats such as unauthorized access to data and systems, loss or destruction of data, computer viruses or other malicious
code, phishing, ransomware, spoofing, cyberattacks and/or cybersecurity risks arising from service providers. These threats often arise
from numerous sources, not all of which are within our control, such as fraud or malice from third parties, including fraud involving
business email compromises, failures of computer servers or other accidental technological failures, electrical or telecommunication outages
or other damage to our property or assets. Cybersecurity threats represent one of the most significant risks for most businesses. Cyberattack
attempts continued to increase throughout 2024 and the first half of 2025, and the development and wide availability of artificial intelligence
(“AI”) has increased the number, scope and chances of success of such attacks. In addition, emerging technologies, like generative
artificial intelligence (“GenAI”), which are becoming available more widely and faster, are expected to exacerbate cyber resilience
challenges. In 2024 and the first half of 2025, we continued improving cybersecurity controls, processes and procedures to monitor, detect,
assess, respond to and recover from hacking, malware infections, cybersecurity compromises and other risks, with the aim of increasing
our cyber resilience. In addition, we continued with cybersecurity awareness and ethical phishing campaigns aimed at protecting us against
cyberthreats, and tailored cybersecurity training programs addressed to our executives and employees. We have also instructed our employees
not to submit confidential information to any AI that is not approved by Tenaris. However, given the rapidly evolving nature of cyberthreats,
and particularly as the adoption