Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 56

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 56
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, in the presence of impairment indicators, the Company
conducted impairment tests and reviewed the values of certain idle assets in its subsidiaries. The aforementioned analysis resulted in
impairment charges of $76.7 million, allocated in $63.1 million to the Tubes segment and $13.6 million to the Other segment. The main
discount rates used were in a range between 13.4% and 20.2%. In 2022, a nominal growth rate (which included mainly the inflation impact
on prices and costs) of 2% was considered.

| - 39 - |

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

#### 6Other operating income and expenses
|                                                                                              |     | Year ended December 31, |     2024 |   |     |     |    2023 |   |     |     |     2022 |   |
|:---------------------------------------------------------------------------------------------|:----|:------------------------|---------:|:--|:----|:----|--------:|:--|:----|:----|---------:|:--|
| Other operating income                                                                       |     |                         |          |   |     |     |         |   |     |     |          |   |
| Results from sundry assets                                                                   |     |                         |   10,529 |   |     |     |  10,960 |   |     |     |   28,161 |   |
| Net rents                                                                                    |     |                         |    4,417 |   |     |     |   4,702 |   |     |     |    5,084 |   |
| Reclassification of currency translation adjustment reserve                                  |     |                         |        - |   |     |     |     878 |   |     |     |   71,252 |   |
| Bargain purchase gain                                                                        |     |                         |    2,212 |   |     |     |   3,162 |   |     |     |        - |   |
| Result on sale of Venezuela awards                                                           |     |                         |        - |   |     |     |  33,341 |   |     |     |        - |   |
| Other income                                                                                 |     |                         |   43,492 |   |     |     |