Tenaris S.a. · MIL:TEN
Tenaris — Investor Presentation (2025)
33 slides from Tenaris's investor presentation, 2025
Slide 1: Welcome to Tenaris
Welcome to Tenaris
Slide 2: Global leader in pipes and related services for the world's energy industry
Global leader in pipes and related services for the world’s energy industry 12 17 4 billion USD countries R&D centers Annual net sales Manufacturing Worldwide (2025) facilities We serve the energy market, particularly the oil and gas sector, and the industrial market for mechanical pipes. 3 25,000 1
Slide 3: Global operations
Global operations Manufacturing Centers Commercial / Administrative Offices Service Centers Coating Facilities R&D Centers Wind Farms
Slide 4: A Techint Group company
Environment A Techint Group company 3.9 million tons of steel pipe shipments 15.1 million tons of steel product shipments 89,000 2 billion USD 197,000 Total employees Overall sales Production in BOE/D 32.9 billion USD 2 billion USD 1.4 million Annual revenue 2025 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. P L A Y V I D E O
Slide 6: A history of industrial enterprise
A history of industrial enterprise 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
Slide 7: Integrated industrial management
Integrated industrial management ISO 9001 5 Electric steel shops 56 Heat treatment lines 8.7 Million tons of steel pipes (capacity) Single Quality Management System 12 Rolling mills 130 Premium threading lines 4.7 Million tons of seamless pipes (capacity) ISO 14001 ISO 45001 23 Welded pipe mills 4 M
Slide 8: Market segments
Market OCTG segments Line Pipe Hydrocarbon Processing Low Carbon Energy Power Generation Industrial & Mechanical Automotive
Slide 9: OCTG
Integrated tubular solutions OCTG for the oilfield 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 t
Slide 10: Rig Direct
Rig Direct ® Our integrated service model improves operational efficiency, reduces costs and enhances reliability for our oil and gas customers.
Slide 11: Rig Direct
Rig Direct ® Through supply chain integration, we align production and delivery with our customers’ drilling schedules, optimizing processes and ensuring material efficiency. With RunReady service, pipes are delivered ready-to-run, reducing manpower at the rig site, enhancing safety, and lowering en
Slide 12: TenarisHydril connections
TenarisHydril connections Unconventional Wells Casing-while-Drilling Our unmatched range of product solutions can meet the needs of drilling and completion Deepwater Geothermal operations -including injection wells- across Shallow Water Thermal (SAGD & CSS) all applications. HP/HT & Deep Wells Matur
Slide 13: Line Pipe
Line Pipe Line Pipe Offshore and onshore solutions We provide: Wide range of seamless and welded line pipe We offer integrated solutions, from pipe manufacturing with precise dimensional tolerances to customized services and accessories, Riser connections backed by our global, state-of-the-art indus
Slide 14: One Line
With Run Ready One Line® pipes are delivered ready to be run in the well. We support our pipeline customers in every step of their most complex projects. Through our One Line® integrated service model, Tenaris coordinates manufacturing, coating, and logistics across its global industrial network, en
Slide 15: TenarisShawcor coating solutions
TenarisShawcor coating solutions Main coating technologies: Our advanced portfolio of coating solutions for offshore and onshore pipelines include corrosion protection, Flow assurance negative buoyancy requirements and sophisticated thermal insulation systems. Concrete weight coating Corrosion prote
Slide 16: Hydrocarbon Processing
Hydrocarbon We provide a wide range of seamless steel tubes and pipes for refineries, petrochemical and gas-processing plants. Processing Tenaris designed the total cost of ownership model for HPI projects, considering the variables that may impact on such projects, measuring and controlling the cor
Slide 17: Low Carbon Energy
Low Carbon We develop and supply products and services for low-carbon energy applications such as geothermal wells, waste-to-energy (bio- Energy energy) power plants, hydrogen storage and transportation, and CCS. Our technical expertise, technological capabilities and drive for innovation power our
Slide 18: THera hydrogen solutions
We launched THera® in 2021, our 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
Power Generation 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 reduc
Slide 20: Industrial & Mechanical
Industrial & Mechanical 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
Slide 21: Automotive
Automotive 01. 02. 03. 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, chass
Slide 22: Sustaining values
Quality & Innovation Health & Safety Environment People & Diversity Community Sustaining Transparency values Sustainability Statement 2025
Slide 23: Quality
Quality 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 developm
Slide 24: Innovation
Innovation 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 a
Slide 25: Health & Safety
Health & 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 e
Slide 26: Environment: Climate change
Environment Climate change Carbon intensity evolution Tons CO2 eq / ton steel 1.8 We are committed to reducing our environmental 1.6 1.54 Scope 1 footprint and contributing to global and regional 1.4 1.33 1.33 1.31 Scope 2 goals for addressing climate change risks along 1.24 1.2 Scope 3: pig iron 0.
Slide 27: Decarbonization strategy
Decarbonization strategy The levers we are using to achieve our medium-term target: 1.8 1.6 1.54 △-30% Increase Renewable Energy 1.4 scrap use electricity efficiency 1.2 1.08 Tons CO2-eq / ton processed steel 1 Once online, the two wind farms in 80 0.8 USD Argentina will have PER TON CO2 0.6 a total
Slide 28: Environment
Environment We are using a higher proportion of recycled steel Our two wind farms in Argentina, Buena scrap in steel Ventura and La production at Rinconada, generate electric arc furnaces as part of renewable energy to our supply the electricity Environmental protection is one of our top priorities,
Slide 29: People & Diversity
People & Diversity 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 innovat
Slide 30: TenarisUniversity
TenarisUniversity 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 ind
Slide 31: Community
Community 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. 16.9 13
Slide 32: Transparency
Transparency 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 expect
Slide 33: Thank you
Thank you Follow us Find us at Tenaris.com Find us at Tenaris.com