Core Insights - Vallourec reported robust financial results for Q4 2025, with Group EBITDA of €214 million and a strong EBITDA margin of 21% [5][12] - The company generated total cash of €177 million and adjusted free cash flow of €204 million, reflecting effective working capital management [5][12] - Vallourec aims to distribute approximately €650 million to shareholders by August 2026, marking a significant increase from 2025 [5][7] Financial Performance - Group revenues for Q4 2025 were €1,043 million, a sequential increase of €132 million but a year-over-year decrease of €22 million [12] - Tubes volume sold was 335,000 tonnes, up 32,000 tonnes from Q3 2025 but down 27,000 tonnes from Q4 2024 [12] - Net income attributable to the Group was €96 million, down from €134 million in Q3 2025 and €163 million in Q4 2024 [12] Market Dynamics - Resilient demand from US customers was noted, while imports continued to decline [5] - Early signs of activity recovery were observed in key Middle Eastern markets, setting the stage for higher volumes in the second half of 2026 [5][10] - A slight near-term decrease in US market prices is expected, but improving supply-demand conditions may lead to potential price recovery later in the year [5][10] Strategic Focus - The company is committed to profitable growth through targeted R&D and capital investments, particularly in new energy solutions [9] - Vallourec is investing in value-added capacity enhancements, including a new high-torque threading line in the US and advanced coating capabilities [9] - Partnerships in the geothermal and hydrogen sectors are being pursued to address energy challenges [9] Operational Efficiency - The company ended the period with a net cash position of €39 million, improving by €179 million sequentially [5][12] - A balanced distribution framework is being adopted to limit warrant dilution through buybacks while growing shareholder returns [7][8] - The focus on operational excellence and value over volume has led to significant improvements in profitability and financial resilience [8]

Appointment of David Clarke As New Director of Vallourec Meudon (France), 26 February 2026 –The Board of Directors of Vallourec, meeting today, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Biograph ...

DISCLOSURE OF TRADING IN OWN SHARES FROM 02/16/2026 TO 02/19/2026 Meudon (France), on February 23rd, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution). Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 02/16/202614 74918,4556CEUX02/16/202641 281<td style=" ...

DISCLOSURE OF TRADING IN OWN SHARES FROM 02/09/2026 TO 02/13/2026 Meudon (France), on February 16th, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution). Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 02/09/202660 00018,6937XPAR02/09/202620 000<td style=" ...

DISCLOSURE OF TRADING IN OWN SHARES FROM 02/09/2026 TO 02/13/2026 Meudon (France), on February 16th, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution).  Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 02/09/202660 00018,6937XPAR02/09/202620 00018,7071CEUX ...

Invitation Q4 2025 Results Release and Conference Call Friday, February 27th, 2026 Vallourec will publish Fourth Quarter and Full Year 2025 Results on February 27th, 2026 at 07:30 AM CET. Philippe Guillemot, Chairman of the Board and Chief Executive Officer, and Nathalie Delbreuve, Chief Financial Officer are pleased to invite you to a presentation of the results via conference call and webcast at 09:30 AM CET. To connect to the webcast (live and replay), please visit: https://vallourec.engagestream.comp ...

DISCLOSURE OF TRADING IN OWN SHARES FROM 02/02/2026 TO 02/06/2026 Meudon (France), on February 9th, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution). Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 02/02/20265 69917,7816AQEU02/02/202621 149<td style="wi ...

Core Viewpoint - Vallourec SA has initiated a share buyback program as authorized by its shareholders, reflecting the company's strategy to enhance shareholder value through repurchasing its own shares [2]. Group 1: Share Buyback Program - The share buyback program was authorized during the Shareholders' General Meeting on May 22, 2025 [2]. - The total volume of shares repurchased from January 26, 2026, to January 30, 2026, amounted to 543,876 shares, with a daily weighted average purchase price of €17.8385 [3]. Group 2: Transaction Details - On January 26, 2026, Vallourec repurchased a total of 110,000 shares across multiple transactions at prices ranging from €17.6853 to €17.7459 [3]. - On January 27, 2026, the company bought back 110,000 shares, with prices between €17.6432 and €17.6625 [3]. - On January 28, 2026, Vallourec repurchased 115,000 shares, with prices ranging from €17.8083 to €17.8392 [3]. - On January 29, 2026, the total repurchased shares were 98,876, with prices from €18.2033 to €18.2496 [3]. - On January 30, 2026, the company bought back 90,000 shares at prices between €17.7784 and €17.8281 [3]. Group 3: Company Overview - Vallourec is a global leader in premium tubular solutions, serving energy markets and industrial applications, including oil and gas wells and power plants [4]. - The company employs nearly 13,000 people across more than 20 countries, focusing on innovative and competitive tubular solutions [4]. - Vallourec is listed on Euronext Paris and is part of several indices, including CAC Mid 60 and SBF 120 [5].

DISCLOSURE OF TRADING IN OWN SHARES FROM 01/26/2026 TO 01/30/2026 Meudon (France), on February 2nd, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution).  Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 01/26/202670 00017,7304XPAR01/26/202635 00017,6853CEUX0 ...

DISCLOSURE OF TRADING IN OWN SHARES FROM 01/19/2026 TO 01/23/2026 Meudon (France), on January 26th, 2026 Share buyback program (ISIN Code : FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI : 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution). Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 01/19/202630 00016,9363CEUX01/19/202680 000<td style="w ...