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Tenaris S.A.: Tenaris Announces 2021 First Quarter Results The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt and Free Cash Flow. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, April 28, 2021 (GLOBE NEWSWIRE) Tenaris S.A. (NYSE and Mexico: TS and MTA Italy: TEN) ( Tenaris ) today announced its results for the quarter ended March 31, 2021 in comparison with its results for the quarter ended March 31, 2020.

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