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8

Techint Group Companies - significant data

Tenaris: total (seamless and welded) tube shipments in 2017 (million tons)

2.6

Ternium: shipments of steel products* in 2017 (million tons)

11.6

Techint Engineering & Construction: overall annual sales as of December 31, 2017 (billions of USD)

1.4

Tenova: backlog of work as of December 31, 2017 (billions of USD)

1.1

Tecpetrol: operated & service contracts working interest in oil & gas production in 2017 (million bbl of oil equivalent)

32

Tecpetrol: operated oil and gas pipelines at end-2017 (thousand kilometers)

9

Humanitas hospitals admissions in 2017 (thousands)

174

* Excluding pig iron.

In 2017, Tecpetrol announced the investment of USD 2.3 billion until 2019 at the Fortín

de Piedra field in Vaca Muerta for the development of shale gas in Argentina.

In Italy, the Techint Group entered the health services sector in the mid-1990s by

building and managing Istituto Clinico Humanitas (ICH), a state-of-the-art hospital

and medical research institute near Milan. Humanitas has subsequently acquired

controlling interests in other important private hospitals in Milan, Bergamo, Turin,

Catania and Castellanza, where the successful technology-based and patient-oriented

management model originally adopted in Istituto Clinico has been replicated.

Humanitas continues to invest in new health and science facilities, consolidating its

position as a foremost private health company in Italy.

For more than 10 years, Istituto Clinico Humanitas has been a teaching center for

medicine, biotechnologies and nursing degrees thanks to an affiliation with the

University of Milan. Its Research Center has become a world-famous hub of excellence

for immune system related diseases, from cancer to rheumatoid arthritis. Since 2014,

ICH also hosts Humanitas University, a private non-profit institution strictly integrated

with the hospital. An international setting, innovative educational methods, cutting

edge scientific research and the close integration with first rate hospital facilities are the

pillars of Humanitas University. Since the end of 2017, Clinica Castelli, a prestigious

clinic in the center of Bergamo, is also part of the network, which now includes eight

diagnostic centers.

Today, the Techint Group comprises six main companies operating worldwide through

numerous subsidiaries, supported by a workforce of experienced professionals and

skilled workers numbering 70,900 total employees, 55,400 of which are permanent.

The global annual turnover of companies of the Techint Group, public and non-public,

was USD 18.5 billion in 2017. The magnitude of operations of the main companies

of the Techint Group may be gleaned from the following table: