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Shareholders' compliance line

Tenaris has set up a Compliance Line for investors to communicate their concerns directly to independent directors. Communications may be confidential or anonymous, and may be submitted in writing through our Shareholder's Compliance Line.

All such communications shall be promptly reviewed by our chief audit executive, and any concerns relating to accounting, internal controls, auditing or officer conduct shall be sent immediately to the chair of the audit committee.

All concerns will be reviewed and addressed by our chief audit executive in the same way that other concerns are addressed by the company. The status of all outstanding concerns addressed to the independent directors or the audit committee will be reported to the chair of the audit committee on a quarterly basis.





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