Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (2024)
34 slides from Tenaris's investor presentation, 2024
Slide 1: Tenaris
= Tenaris
Slide 2: Tenaris at a glance
12.5 17 4 billion USD countries R&D centers Annual net sales Manufacturing Worldwide (2024) facilities 3 26,000 19 stock exchanges employees countries New York, Italy, Mexico (2024) Service and distribution network
Slide 3: Global industrial footprint
Manufacturing Centers Commercial / Administrative Offices Service Centers Coating Facilities R&D Centers Wind Farm
Slide 4: Key figures
4.0 million tons 15.6 million tons of steel pipe production of steel product shipments 2.3 billion USD 200,000 Total employees Annual net sales Production in BOE/D 1.9 billion USD 1.3 million Annual revenue 2024 Backlog of orders Unique clients
Slide 5: Why pipe matters
Why pipe matters From the reservoir to the consumer, steel pipes are at the heart of the energy system, connecting and powering a world with ever-growing energy demands. Watch this video to discover the vital role steel pipes play in today’s world. Tenaris MON hh3 ) 1:59 / 3:19
Slide 6: Seamless pipe manufacturing begins in Italy
1909 1935 1954 1960 1996 2000 2001 2004 Seamless pipe Agostino Rocca Tamsa and Siderca Confab starts Dalmine, Siderca AlgomaTubes starts The Tenaris brand Silcotub joins manufacturing takes the Managing start operations. production. and Tamsa operating in Canada is born. Tenaris. begins in Italy. Di
Slide 7: Manufacturing capacity and management systems
5 132 ISO 9001 Electric steel shops Premium threading lines 12 8.7 Single Quality Management System ISO 14001 and Rolling mills Million tons of steel pipes (capacity) ISO 45001 24 4.7 Single HSE Management System Welded tube mills Million tons of seamless pipes (capacity) 58 4 Heat treatment lines M
Slide 8: Market segments
Market Segments OCTG Line Pipe Hydrocarbon Processing Low Carbon Energy Power Generation Industrial & Mechanical Automotive
Slide 9: Products for oil and gas customers
We combine innovative technology, reliable product quality and efficient service. Our unmatched range of product solutions can meet the needs of drilling and completion operations across all applications. At Tenaris, innovation goes beyond product technology: we are digitally integrating the tubular
Slide 10: Rig Direct
Rig Direct® Our integrated service model improves operational efficiency, reduces costs and enhances reliability for our oil and gas customers. RunReady™ Material efficiency AIN INT gt a Gp gz ANY Demandsync™ Systems itegration support SS] | Rig direct’ PipeTracer' (Qs Portal Le) (8
Slide 11: Supply chain integration, RunReady and WISer
Through supply chain integration, we align production and delivery with our customers’ drilling schedules, optimizing processes and ensuring material efficiency. With RunReady , pipes are delivered ready-to-run, reducing manpower at the rig site, enhancing safety, and lowering environmental impact.
Slide 12: Dopeless technology and applications
Unconventional Wells Casing-while-Drilling Deepwater Geothermal Shallow Water Thermal (SAGD & CSS) HP/HT & Deep Wells Mature fields Horizontal & Extended Reach Wells Workstrings With Dopeless® technology, connections are supplied ready for running, eliminating the need for thread cleaning, inspectio
Slide 13: Line pipe, riser connections and One Line
Wide range of seamless and welded line pipe Riser connections One Line® TenarisShawcor coating solutions
Slide 14: One Line project management service
With our One Line® project management service, Tenaris integrates the supply of pipe with TenarisShawcor coating solutions, accessories and bends under a single responsibility, optimizing efficiencies across the supply chain.
Slide 15: Coating solutions
Our advanced portfolio of coating solutions for offshore Flow assurance and onshore pipelines include corrosion protection, negative buoyancy requirements and sophisticated thermal insulation systems. Concrete weight coating Anti-corrosion protection Abrasion resistance
Slide 16: Hydrocarbon processing total cost of ownership
Tenaris designed the total cost of ownership model for HPI projects, which takes into account all variables that may impact on such projects, measuring and controlling the corresponding costs. Tenaris collaborates with engineering companies to achieve cost savings, offering: Mill material definition
Slide 17: Energy transition applications
Our technical expertise, technological capabilities and drive for innovation power our product offer for energy transition applications. To ensure a 360-degree approach that captures all possible synergies, we have launched a global R&D program with a special focus on the material properties require
Slide 18: THera hydrogen solutions
In 2021, Tenaris launched THera , a new brand for its proprietary materials technology and solutions for hydrogen applications. THera product portfolio includes: • High pressure storage solutions • Modular linear storage solutions • Transportation solutions • Underground storage solutions
Slide 19: Power generation products
Innovative products and services to meet the most stringent requirements in the power generation industry (HRSG, waste-to- energy and biomass, heat exchangers and conventional boilers), offering a customized and flexible package, which allows power plant builders and owners to reduce their total cos
Slide 20: Mechanical tubing
Mechanical tubing Hot-rolled and cold-drawn seamless steel tubes and components Mining tools Hydraulic used in mechanical engineering applications and in civil and cylinders industrial installations as well as for manufacturing earth- moving machines, architectural structures, non-oil drilling syste
Slide 21: Automotive tubes and components
A wide range of seamless Cold-drawn and hot-rolled A worldwide network of tubes and tube-based seamless tubes produced for Automotive Component Centers components according to IATF application in airbags, located in Italy, Argentina, 16949 for car manufacturers steering, chassis and Mexico, Romania
Slide 22: Sustainability
7) Environment pokes People & Diversity (-) Community 4—p s—} Transparency Sustainability Statement i 2024 J
Slide 23: Quality as competitive advantage
Quality is our main competitive advantage. We constantly seek for excellence in the quality of our products, services and processes. The requirements of our customers must be consistently satisfied. Differentiation is achieved through operational excellence, logistics efficiency and development of i
Slide 24: Research and development
By working closely with our customers, we focus on developing products and services that meet 4 their needs in an evolving energy R&D Centers industry. Argentina Our R&D work focuses on serving Canada the energy industry, especially the oil and gas market, supporting our Mexico industry and customer
Slide 25: Health and safety
Our employees’ safety and well-being are an absolute priority, essential to our success and long-term sustainability as an organization, and intrinsic to the relationships we build with our local communities, suppliers, customers, and investors. Injury frequency rates Including own employees and con
Slide 26: GHG emissions intensity
GHG emissions intensity Tons CO2 eq / ton steel 1.8 We are committed to reducing our environmental 1.54 1.52 Scope 1 1.6 1.47 footprint and contributing to global and regional 1.4 1.33 1.33 1.33 1.31 Scope 2 goals for addressing climate change risks along Scope 3: pig iron 1.2 0.73 0.69 our value ch
Slide 27: Decarbonization levers and carbon price
Increase Renewable Energy Collaboration with scrap use electricity efficiency partners to minimize CO2 footprint 80 USD PER TON CO2 H2 use Alternative Carbon capture Internal raw material use and storage carbon price
Slide 28: Environmental protection
Environmental protection is one of our top Tenaris’s Bay City, Texas, plant has received Leadership in Energy and priorities considering its impact on our employees Environmental Design (LEED) certification – the first pipe manufacturing facility and communities. We apply the best available in the U
Slide 29: People and workplace
We are committed to leading with care by providing a safe working environment grounded in our core values, where employees are empowered to grow their skills and careers while contributing to the company’s goals. We foster trust and encourage our people to drive change and innovation, embedding sust
Slide 30: Training and development
We offer continuous development programs and opportunities that encourage our people to fulfill their potential. Through TenarisUniversity, we train our employees in technical and job-specific knowledge, as well as in the behaviors and skills needed to grow as professionals and individuals. In recen
Slide 31: Community relations programs
We believe that the sustainable growth of our industrial project can only be achieved in tandem with progress in the communities where we live and work. We contribute to improving all levels of education in our immediate and broader communities, with a focus on technical education. Community relatio
Slide 32: Roberto Rocca Technical Schools Network
At the heart of our education initiatives is the Roberto Rocca Technical Schools Network. These schools were founded to improve the level of technical education in our communities in an inclusive way, using innovative teaching methods and technologies for classrooms and laboratories. All the student
Slide 33: Ethics and main policies
We are committed to building a corporate culture rooted in transparency and integrity, guided by ethical behavior and full compliance with the law. Our Code of Conduct expresses the company’s fundamental vision and values with respect to ethical behavior and transparency, and the expectations of the
Slide 34: Thank you
Thank you Find us at Tenaris.com