UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

Ternium S.A.
(Name of Issuer)
 
Ordinary Shares, $1.00 par value per share
(Title of Class of Securities)

 

880890108
(CUSIP Number)

 

Fernando R. Mantilla, Av. Leandro N. Alem 1067, 29th Floor, Buenos Aires, Argentina,
Telephone: +54-11-4018-2245
(Name, Address and Telephone number of Person Authorized to
Receive Notices and Communications)

 

November 2, 2016
 (Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d–1(e), 240.13d–1(f) or 240.13d–1(g), check the following box. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d–7 for other parties to whom copies are to be sent.

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  THE NETHERLANDS
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0 

 

8.

SHARED VOTING POWER: 1,473,146,306 

 

9.

SOLE DISPOSITIVE POWER: 0 

 

10.

SHARED DISPOSITIVE POWER: 1,473,146,306

 

 

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): HC
   
   

 

 Page 2 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  SAN FAUSTIN S.A.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  GRAND DUCHY OF LUXEMBOURG
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0

  

8.

SHARED VOTING POWER: 1,473,146,306

  

9.

SOLE DISPOSITIVE POWER: 0

  

10.

SHARED DISPOSITIVE POWER: 1,473,146,306

  

 

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 3 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  TECHINT HOLDINGS S.À R.L.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  GRAND DUCHY OF LUXEMBOURG
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 1,243,433,012 

 

8.

SHARED VOTING POWER: 229,713,294 

 

9.

SOLE DISPOSITIVE POWER: 1,243,433,012 

 

10.

SHARED DISPOSITIVE POWER: 229,713,294 

 

 

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 4 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  TENARIS S.A.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  GRAND DUCHY OF LUXEMBOURG
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0 

 

8.

SHARED VOTING POWER: 1,473,146,306 

 

9.

SOLE DISPOSITIVE POWER: 0 

 

10.

SHARED DISPOSITIVE POWER: 1,473,146,306 

 

 

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 5 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  TENARIS INVESTMENTS S.À R.L.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  GRAND DUCHY OF LUXEMBOURG
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 229,713,194 

 

8.

SHARED VOTING POWER: 1,243,433,112 

 

9.

SOLE DISPOSITIVE POWER: 229,713,194 

 

10.

SHARED DISPOSITIVE POWER: 1,243,433,112 

 

   
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 6 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  INVERBAN S.A.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  CAYMAN ISLANDS
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 100 

 

8.

SHARED VOTING POWER: 1,473,146,206 

 

9.

SOLE DISPOSITIVE POWER: 100 

 

10.

SHARED DISPOSITIVE POWER: 1,473,146,206 

 

 

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 7 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  TECHINT FINANCIAL CORPORATION
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  PANAMA
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0 

 

8.

SHARED VOTING POWER: 1,473,146,306 

 

9.

SOLE DISPOSITIVE POWER: 0 

 

10.

SHARED DISPOSITIVE POWER: 1,473,146,306 

 

   
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 8 of 28 

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  AROTEC INVESTMENTS B.V.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
  00-0000000
   
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
  (a)  ¨
   
  (b)  ¨
   
3. SEC USE ONLY
   
   
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  N/A
   
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO  ITEMS 2(d) OR 2(e):  ¨
   
   
6. CITIZENSHIP OR PLACE OF ORGANIZATION
   
  NETHERLANDS
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0

  

8.

SHARED VOTING POWER: 1,473,146,306

 

9.

SOLE DISPOSITIVE POWER: 0

 

10.

SHARED DISPOSITIVE POWER: 1,473,146,306

  

   
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,473,146,306
   
   
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  ¨
   
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 73.5%
   
   
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO
   
   

 

 Page 9 of 28 

 

  

This Amendment No. 3 amends and supplements the Schedule 13D originally filed on February 13, 2012 (this "Amendment No. 3"), as further amended by Amendments No. 1 and No. 2, on behalf of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS, TENARIS, TENARIS INVESTMENTS, AROTEC, TEFIN and INVERBAN (as defined thereunder), relating to the Ordinary Shares, par value $1 per share of Ternium S.A. (the “Ordinary Shares”).

 

No changes occurred except on the following Items:

 

Item 2. Identity and Background

 

This Schedule 13D is being jointly filed by each of the following persons pursuant to Rule 13d-1(k) (collectively, the “Reporting Persons”).

 

(a)ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN (“RP STAK”)

Wilhelminakade 91 – 3072 AP Rotterdam, The Netherlands.

RP STAK is a private foundation (stichting) organized under the laws of The Netherlands. No person or group of persons controls RP STAK.

 

(b)SAN FAUSTIN S.A. (“SAN FAUSTIN”)

Boulevard Prince Henri 3B – 3rd floor, L-1724 Luxembourg, Grand-Duchy of Luxembourg.

SAN FAUSTIN is a société anonyme (public limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. RP STAK continues to control SAN FAUSTIN (i.e. it continues to have the ability to influence matters affecting, or submitted to a vote of the shareholders of SAN FAUSTIN, including the election of directors and the approval of certain corporate transactions and other matters concerning SAN FAUSTIN’s policies).

 

(c)TECHINT HOLDINGS S.À R.L. (“TECHINT HOLDINGS”)

Boulevard Prince Henri 3B– 3rd floor, L-1724 Luxembourg, Grand-Duchy of Luxembourg.

TECHINT HOLDINGS is a société à responsabilité limitée (private limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. All of the shares of TECHINT HOLDINGS are held by SAN FAUSTIN.

 

(d)TENARIS S.A. (“TENARIS”)

29, Avenue de la Porte-Neuve, 3rd Floor, Luxembourg L-2227, Grand-Duchy of Luxembourg.

TENARIS is a société anonyme (public limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. Approximately 60.4% of the shares of TENARIS are held by TECHINT HOLDINGS.

 

(e)TENARIS INVESTMENTS S.À R.L. (“TENARIS INVESTMENTS”)

29, Avenue de la Porte-Neuve, 3rd Floor, Luxembourg L-2227, Grand-Duchy of Luxembourg.

TENARIS INVESTMENTS S.À R.L. is a société à responsabilité limitée (private limited liability company) organized under the laws of the Grand-Duchy of Luxembourg. All of the shares of TENARIS INVESTMENTS are held by TENARIS.

 

(f)AROTEC INVESTMENTS B.V. (“AROTEC”)

Wilhelminakade 91 – 3072 AP Rotterdam, The Netherlands.

AROTEC is a private limited liability company organized under the laws of the Netherlands. All of the shares of AROTEC are held by TECHINT HOLDINGS.

 

(g)TECHINT FINANCIAL CORPORATION (“TEFIN”)

TEFIN is a public limited liability company, formerly organized under the laws of Curaçao and now continued under the laws of Panama. All of the shares of TEFIN are held by AROTEC.

 

(h)INVERBAN S.A. (“INVERBAN”)

69 Dr. Roy's Drive, George Town, Grand Cayman, Cayman Islands.

INVERBAN S.A. is a limited liability company organized under the laws of the Cayman Islands. All of the shares of INVERBAN S.A. are held by TEFIN.

 

 Page 10 of 28 

 

 

The name, present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) and citizenship of each voting committee member, executive officer or director, as applicable, of each Reporting Person are set forth in Schedule I and is incorporated into this Item 2 by reference. The name, present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) and citizenship of each executive officer of each Reporting Person is set forth in Schedule I and is incorporated into this Item 2 by reference.

 

During the last five years, none of the Reporting Persons, nor, to the knowledge of the Reporting Persons, none of the persons listed on Schedule I has (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws.

 

Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of information given by another Reporting Person.

 

Item 3. Source and Amount of Funds or Other Consideration

 

The events requiring the filing of this Amendment No. 3 did not involve any transfer of funds or any kind of consideration. It is due to some changes in the members of the board of directors and executive officers of some of the Reporting Persons.

 

Item 4. Purpose of Transaction

 

The filing of this Amendment No. 3 is due to some minor changes in the members of the Board of Directors or executive officers of some of the Reporting Persons.

 

There were no changes in the holdings of Ordinary Shares of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS, TENARIS, TENARIS INVESTMENTS, AROTEC and TEFIN since such Reporting Persons filed their most recent Amendment No. 2 to Schedule 13D on November 19, 2015. RP STAK continues to control SAN FAUSTIN (i.e. it continues to have the ability to influence matters affecting, or submitted to a vote of the shareholders of SAN FAUSTIN, including the election of directors and the approval of certain corporate transactions and other matters concerning SAN FAUSTIN’s policies).

 

Item 5. Interest in Securities of the Issuer

 

(a)(b)   RP STAK. See items (7) through (11) and (13) on page 2

SAN FAUSTIN. See items (7) through (11) and (13) on page 3

TECHINTHOLDINGS. See items (7) through (11) and (13) on page 4
TENARIS.See items (7) through (11) and (13) on page 5
TENARISINVESTMENTS. See items (7) through (11) and (13) on page 6
INVERBAN.See items (7) through (11) and (13) on page 7
TEFIN.See items (7) through (11) and (13) on page 8
AROTEC.See items (7) through (11) and (13) on page 9

 

 Page 11 of 28 

 

 

(c)There have been no transactions in Ordinary Shares effected by the Reporting Persons or, to the best of the Reporting Person's knowledge, any person or entity identified on Schedule I hereto, during the last 60 days.

 

(d)Not applicable.

 

(e)Not applicable.

 

Item 7.Material to Be Filed as Exhibits

 

Exhibit Description
   
A Power of Attorney of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN dated February 4, 2011.*
   
B Power of Attorney of San Faustín S.A.  dated February 4, 2011.*
   
C Power of Attorney of Techint Holdings S.à r.l., dated February 3, 2011.*
   
D Power of Attorney of Tenaris S.A., dated February 3, 2011.*
   
E Power of Attorney of Tenaris Investments S.à r.l., dated February 3, 2011.*
   
F Power of Attorney of Arotec Investments B.V., dated February 3, 2012.**
   
G Power of Attorney of Techint Financial Corporation N.V. (now continued as Techint Financial Corporation), dated February 3, 2012.**
   
H Power of Attorney of Inverban S.A., dated February 3, 2012.**

 

 

 

 

* Previously filed as an exhibit to the Schedule 13D of Ternium S.A. dated February 14th, 2011 and incorporated by reference in this Amendment No. 3 to Schedule 13D.

**Previously filed as an exhibit to the Amendment No. 1 to Schedule 13D of Ternium S.A. dated February 13th, 2012 and incorporated by reference in this Amendment No. 3. to Schedule 13D.

 

 Page 12 of 28 

 

 

Schedule I

 

ROCCA & PARTNERS STICHTING ADMINISTRATIEKANDOOR AANDELEN SAN
FAUSTIN

 

MANAGEMENT

 

Manager Business Address Present Principal
occupation
Citizenship
Zenco Management BV Wilhelminakade 91, 3072 AP, Rotterdam, Netherlands Management Company Dutch

 

VOTING COMMITTEE

 

Members Business Address Present principal
occupation
Citizenship
Paolo Rocca (Chairman) Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Gianfelice Rocca Via Monte Rosa 93, Milano, Italy Chairman of San Faustin S.A. Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of San Faustin S.A. Italian
Enrico Bonatti

Flat 7

81 Onslow Square

SW7 3LT London, UK

Director of Tenaris Global Services (UK) Ltd. Italian
Giovanni Sardagna Via Monte Rosa 93, Milano, Italy Director of Investors’ relations of Tenaris S.A. Italian
Andres Piñeyro Cerrito 1266, Buenos Aires, Argentina President of Meridium S.A. Argentine
Lodovico Rocca Hipolito Bouchard 557, 17° Floor, Buenos Aires, Argentina. President of Techint E&C, Uruguay Italian

 

 Page 13 of 28 

 

 

SAN FAUSTIN S.A.

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Gianfelice Rocca Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of San Faustin S.A. Italian
Paolo Rocca Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman  & CEO of Tenaris S.A. Italian
Guido Bonatti Via Donizetti  57, Milan, Italy Financial Advisor Italian
Marco Drago 13, via Cattaneo, Novara, Italy Chairman, De Agostini SpA Italian
Giorgio Alliata di Montereale

Carlos M. Della Paolera 299, 18th floor, Buenos Aires,

Argentina

Economist Italian
Bob Kneip

26/28 rue E. Steichen

L-2540 Luxembourg

CEO of Kneip Luxembourg Luxembourger
Andres Piñeyro Cerrito 1266, Buenos Aires, Argentina President, Meridium S.A., Buenos Aires Argentine
Lodovico Rocca Hipolito Bouchard 557, 17° Floor, Buenos Aires, Argentina. President of Techint E&C, Uruguay Italian
Giovanni Sardagna Via Monte Rosa 93, Milan, Italy Director of Investors’ relations of Tenaris S.A. Italian
Alberto Valsecchi Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President, Dalmine SpA, Bergamo, Italy Italian
Roberto Vidigal Rua Manoel Coelho 303, São Paulo, Brazil Chairman of the Board of Directors, Confab Industrial S.A., Brazil Brazilian

 

OFFICERS

 

Name Business Address Present principal
occupation
Citizenship

Chairman of the Board

Gianfelice Rocca

Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian

President

Roberto Bonatti

Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of San Faustin S.A. Italian

Vice-president

Paolo Rocca

Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman & CEO of Tenaris S.A. Italian

Secretary of the Board of Directors

Fernando Jorge Mantilla

Carlos M. Della Paolera 299, 16th floor, Buenos Aires,

Argentina

Attorney at law Argentine

Assistant Secretary of the Board of Directors

Michele Zerbi

3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager San Faustin S.A. Italian

Assistant Secretary of the Board of Directors

Maria Emilia Gigy

3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg Assistant Secretary of the Board of Directors San Faustin S.A. Argentine

Assistant Secretary of the Board of Directors

Fernando Ricardo Mantilla

Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Attorney-at-law Argentine

 

 Page 14 of 28 

 

 

TECHINT HOLDINGS S.à r.l.

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Carlos M. Franck Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of Santa Maria SAIyF. Argentine
Alain Renard

41 boulevard Royal

L-2449 Luxembourg

Grand Duchy of Luxembourg

Member of the Executive Committee of Atalux French
Michele Zerbi 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager San Faustin S.A. Italian

Gianfelice M. Rocca

(Chairman)

Via Monterosa 93, Milan, Italy Chairman of San Faustin S.A. Italian

 

 Page 15 of 28 

 

 

TENARIS S.A.

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Paolo Rocca Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of San Faustin S.A. Italian
Carlos A. Condorelli Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Director of Ternium S.A and Tenaris S.A. Argentine
Roberto Monti Sugarberry Circle 263, Houston, Texas, U.S.A. Director of Petrobras Energia Argentine
Gianfelice Rocca Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian
Jaime Serra Puche Paseo de La Reforma 600, Piso 1, Edif. Plaza de la Reforma Santa Fe, Mexico Chairman of SAI Consultores Mexican
Alberto Valsecchi Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman of the Board of Directors of Dalmine SpA. Italian
Amadeo R. Vazquez y Vazquez Austria 2670, Buenos Aires, Argentina Director of Gas Natural Ban S.A. Argentine
Guillermo F. Vogel Hinojosa Campos Eliseos 400 Piso 17, Col. Chapultepec Polanco, Mexico Vice-President Finance, Tenaris S.A. Mexican

 

OFFICERS

 

Name Business Address Present principal
occupation
Citizenship

Chief Executive Officer

Paolo Rocca

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian

Chief Financial Officer

Edgardo Carlos

2200 West Loop South, Suite 800, Houston, Texas, USA Chief Financial Officer, Tenaris SA Argentine

Vice-president, Finance

Guillermo F. Vogel Hinojosa

Campos Eliseos 400 Piso 17, Col. Chapultepec Polanco, Mexico Vice-President Finance, Tenaris S.A. Mexican

Secretary of the Board of Directors

Cecilia Bilesio

Campos Eliseos 400 Piso 17, Col. Chapultepec Polanco, Mexico Secretary of the Board of Directors of Tenaris S.A. Argentine

 

 Page 16 of 28 

 

 

TENARIS INVESTMENTS S.à r.l.

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Edgardo Carlos 2200 West Loop South, Suite 800, Houston, Texas, USA Chief Financial Officer, Tenaris S.A. Argentine
Carlos A. Condorelli Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Director of Ternium S.A and Tenaris S A Argentine
Yves Speeckaert 57 rue de l’Alzette, L-4011 Esch-sur-Alzette,  Luxembourg Independent director Belgian

 

 Page 17 of 28 

 

 

AROTEC INVESTMENTS B.V.

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Johannes de Jong Wilhelminakade 91, Rotterdam 3072AP, Netherlands Auditor Dutch
Jeroen Edwin Missaar Wilhelminakade 91, Rotterdam 3072AP, Netherlands Lawyer Dutch
Michele Zerbi 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager of San Faustin S.A. Italian
Fernando R. Mantilla Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Attorney-at-law Argentine

 

 Page 18 of 28 

 

 

TECHINT FINANCIAL CORPORATION

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Roberto Bonatti Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of San Faustin S.A. Italian
Guido Bonatti Via Donizetti  57, Milan, Italy Financial Advisor Italian
Carlos M. Franck Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of Santa Maria SAIF Argentine
Herman John Behr Emancipatie Boulevard 31,
Curacao
Chairman of HBManagement, Curacao Curaçao
Gianfelice Rocca Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian
Paolo Rocca Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina. Chairman & CEO of Tenaris S.A. Italian

 

OFFICERS

 

Name Business Address Present principal
occupation
Citizenship

President

Roberto Bonatti

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina President of San Faustin S.A., Luxembourg Italian

Treasurer

Guido Bonatti

Via Donizetti 57, Milan, Italy Financial Advisor, Italy Italian

Secretary

Fernando J. Mantilla

Carlos M. Della Paolera 299, 16th floor, Buenos Aires,

Argentina

Attorney at Law

 

Argentine

Assistant Secretary

Gonzalo Inciarte

Luis A. Herrera 1248, World Trade Center Torre 3, 1 st Floor, Office 157,

11300 - Montevideo

Uruguay

 

Attorney at Law Uruguayan

Assistant Secretary

Biancamaria Mazzucchelli

Via Emilio Bossi 1, Piso 2°

CH-6900 Lugano

Suiza

 

President of San Faustin Lugano S.A. Swiss

 

 Page 19 of 28 

 

 

INVERBAN SA

 

BOARD OF DIRECTORS

 

Name Business Address Present principal
occupation
Citizenship
Guido Bonatti Via Donizetti  57, Milan, Italy Financial Advisor Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman of San Faustin S.A. Italian
Carlos M. Franck Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina President of Santa Maria SAIF Argentine
Fernando R. Mantilla Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Attorney-at-law Argentine
Herman John Behr Emancipatie Boulevard 31,
Curacao
Chairman of HBManagement Curaçao
Michele Zerbi 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager of San Faustin S.A. Italian

 

OFFICERS

 

Name Business Address Present principal
occupation
Citizenship

President

Carlos M. Franck

Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina President of Santa Maria SAIyF Argentine

Vice-President

Guido Bonatti

Via Donizetti  57, Milan, Italy Financial Advisor Italian

Treasurer

Eduardo A. Ottino

Pje. Della Paolera 299, 17th floor, Buenos Aires, Argentina. Director of Techint Investments S.A. Argentine

Secretary

Fernando R. Mantilla

Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Attorney-at-law Argentine

Assistant Secretary

Fernando J. Mantilla

Carlos M. Della Paolera 299, 16th floor, Buenos Aires,

Argentina

Attorney at Law

 

Argentine

Assistant Secretary

Biancamaria Mazzucchelli

Via Emilio Bossi 1, Piso 2°

CH-6900 Lugano

Suiza

 

President of San Faustin Lugano S.A. Swiss

 

 Page 20 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L., INVERBAN S.A., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 21 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by SAN FAUSTIN S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d - 1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, TECHINT HOLDINGS S.A.R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L., INVERBAN S.A., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 22 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by TECHINT HOLDINGS S.À R.L. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TENARIS S.A., TENARIS INVESTMENTS S.À R.L., INVERBAN S.A., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 23 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by TENARIS S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d -1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS INVESTMENTS S.À R.L., INVERBAN S.A., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 24 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by TENARIS INVESTMENTS S.À R.L. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d -1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS S.A., INVERBAN S.A., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 25 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by AROTEC INVESTMENTS B.V. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d -1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS S.A., TENARIS INVESTMENTS SARL., INVERBAN S.A. and TECHINT FINANCIAL CORPORATION.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 26 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by TECHINT FINANCIAL CORPORATION to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d -1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS S.A., TENARIS INVESTMENTS SARL., AROTEC INVESTMENTS B.V. and INVERBAN S.A.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 27 of 28 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by INVERBAN S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

 

Pursuant to Rule 13d -1(k)(1), the undersigned joins in the filing of this Amendment No. 3 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, SAN FAUSTIN S.A., TECHINT HOLDINGS S.A.R.L., TENARIS S.A., TENARIS INVESTMENTS SARL., AROTEC INVESTMENTS B.V. and TECHINT FINANCIAL CORPORATION.

 

November 11, 2016  
   
  /s/ Fernando R. Mantilla
  Fernando R. Mantilla
  Attorney-in-fact

 

 Page 28 of 28