Company: TNRSF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001171843-25-002694
Chunk: 14

Company: TENARIS SA
Filing Date: 2025-05-01
Form: 6-K
Chunk 14
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, 2025, the carrying amount of assets pledged as security
for current and non-current borrowings amounted to $146.1 million, held in Saudi Arabia by the Company’s
subsidiary Global Pipe Company, in which SSPC holds a 57.3% interest.

| 12 | Intangible assets, net |

| Three-month period ended March 31, |     | 2025        
 (Unaudited) |           |   |     | 2024 |           |   |
|:-----------------------------------|:----|:------------|----------:|:--|:----|:-----|----------:|:--|
| Opening net book amount            |     |             | 1,357,749 |   |     |      | 1,377,110 |   |
| Currency translation adjustment    |     |             |       316 |   |     |      |       (87 | ) |
| Additions                          |     |             |    13,941 |   |     |      |    11,049 |   |
| Transfers / Reclassifications      |     |             |        57 |   |     |      |       950 |   |
| Amortization charge                |     |             |   (12,600 | ) |     |      |   (32,957 | ) |
| At March 31,                       |     |             | 1,359,463 |   |     |      | 1,356,065 |   |

| 13 |

| 13 | Right-of-use assets, net and lease liabilities |

Right-of-use assets, net evolution

| Three-month period ended March 31, |     | 2025        
 (Unaudited) |         |   |     | 2024 |         |   |
|:-----------------------------------|:----|:------------|--------:|:--|:----|:-----|--------:|:--|
| Opening net book amount            |     |             | 148,868 |   |     |      | 132,138 |   |
| Currency translation adjustment    |     |             |     363 |   |     |      |    (203 | ) |
| Additions                          |     |             |  16,463 |   |     |      |  22,471 |   |
| Disposals / Consumptions           |     |             |  (3,097 | ) |