Shareholders approve all resolutions on the agendas of Tenaris's Annual General Meeting and Extraordinary General Meeting of Shareholders

Core Points - Tenaris S.A. held its annual and extraordinary general meetings on May 6, 2025, where all resolutions on the agendas were approved [1] - Shareholders acknowledged the consolidated annual report for the year ended December 31, 2024, including financial and non-financial information, and approved the consolidated financial statements for the same period [2] - An annual dividend of US$0.83 per share was approved, totaling approximately US$0.9 billion, with a balance of US$0.56 per share to be paid on May 21, 2025 [3] - The number of directors was maintained at eleven, with re-appointments of existing board members and the election of audit committee members [4] - Compensation for board members for the year ending December 31, 2025, was approved, along with the appointment of Forvis Mazars as the statutory auditor for the fiscal year ending December 31, 2025 [5] - Authorization to purchase company shares was renewed, allowing the board to acquire shares under approved terms [6] - The extraordinary general meeting approved the cancellation of 90,762,598 ordinary shares, reducing the share capital from US$1,162,757,528 to US$1,071,994,930 [7]