SC 13D/A 1 ea143326-13da5san_ternium.htm AMENDMENT NO. 5 TO SCHEDULE 13D

 

 

UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 WASHINGTON, D.C. 20549

 

SCHEDULE 13D

 Under the Securities Exchange Act of 1934

 (Amendment No. 5)*

 

Ternium S.A.

 

(Name of Issuer)

  

Ordinary Shares, $1.00 par value per share

 

(Title of Class of Securities)

 

880890108

 

(CUSIP Number)

  

Fernando J. Mantilla, 26, Boulevard Royal, Ground Floor, L-2449 Luxembourg, Grand-Duchy of Luxembourg

 Telephone: +352 27209600

 

 (Name, Address and Telephone number of Person Authorized to

 Receive Notices and Communications)

  

June 28th, 2021

 

(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 31

 

 

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 31

 

  

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 31

 

  

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: 229,713,194 

 

9.

SOLE DISPOSITIVE POWER: 0 

 

10.

SHARED DISPOSITIVE POWER: 229,713,194 

 

 

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 31

 

  

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 31

 

    

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  TECHINT FINANCIAL SERVICES S.L. (Unipersonal)
   
  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
   
  SPAIN
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7.

SOLE VOTING POWER: 0 

 

8.

SHARED VOTING POWER: 100

 

9.

SOLE DISPOSITIVE POWER: 0 

 

10.

SHARED DISPOSITIVE POWER: 100

 

   
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 31

 

  

CUSIP NO. 880890108  

 

1. NAMES OF REPORTING PERSONS
   
  INVERBAN INVESTMENTS S.L. (Unipersonal)
   
  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
   
  SPAIN
   

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 8 of 31

 

 

This Amendment No. 5 amends and supplements the Schedule 13D originally filed on February 11th, 2011 (this “Amendment No. 5”), as further amended by Amendments No. 1, No. 2, No. 3 and No. 4, on behalf of RP STAK, SAN FAUSTIN, TECHINT HOLDINGS, TENARIS, TENARIS INVESTMENTS, 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 1. Security and Issuer

 

The principal executive offices of the Issuer were moved to 26, Boulevard Royal, 4th Floor, Luxembourg L-2449, Grand-Duchy of Luxembourg.

 

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”)

“De Rotterdam” 41st floor, Wilhelminakade 173 – 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”)

26, Boulevard Royal, Ground Floor, L-2449 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”)

26, Boulevard Royal, Ground Floor, L-2449 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”)

26, Boulevard Royal, 4th Floor, L-2449 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”)

26, Boulevard Royal, 4th Floor, L-2449 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)TECHINT FINANCIAL SERVICES S.L. (Unipersonal) (“TEFIN”)

23 Recoletos St., 3rd floor - Madrid 28001 - Spain

TEFIN is a public limited liability company, organized under the laws of Spain. All of the shares of TEFIN are held by TECHINT HOLDINGS.

 

(h)INVERBAN INVESTMENTS S.L. (Unipersonal) (“INVERBAN”)

23 Recoletos St., 3rd floor - Madrid 28001 - Spain

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

 

Page 9 of 31

 

 

The name, residence or business address, 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.

 

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. 5 did not involve any transfer of funds or any kind of consideration. It is due to some changes in the composition of the Board of Directors or executive officers, their residence or business address and/or their present principal occupation or employment, 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, TEFIN and INVERBAN since such Reporting Persons filed their most recent Amendment No. 4 to Schedule 13D on June 25th, 2020.

 

Item 4. Purpose of Transaction

 

The filing of this Amendment No. 5 is due to changes in the composition of the Board of Directors or executive officers, their residence or business address and/or their present principal occupation or employment, 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, TEFIN and INVERBAN since such Reporting Persons filed their most recent Amendment No. 4 to Schedule 13D on June 25th, 2020. 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). Shares representing approximately 64% of SAN FAUSTIN’S votes and 41% of SAN FAUSTIN’S capital are deposited with RP STAK.

 

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

TECHINT HOLDINGS. See items (7) through (11) and (13) on page 4

TENARIS. See items (7) through (11) and (13) on page 5

TENARIS INVESTMENTS. See items (7) through (11) and (13) on page 6

TEFIN. See items (7) through (11) and (13) on page 7

INVERBAN. See items (7) through (11) and (13) on page 8

 

(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 June 23rd, 2020.[*]
  B Power of Attorney of SAN FAUSTIN S.A. dated June 22nd, 2020.*
  C Power of Attorney of TECHINT HOLDINGS S.à r.l. dated June 22nd, 2020.*
  D Power of Attorney of TENARIS S.A. dated June 22nd, 2020.*
  E Power of Attorney of TENARIS INVESTMENTS S.À R.L. dated June 22nd, 2020.*
  F Power of Attorney of TECHINT FINANCIAL SERVICES S.L. (Unipersonal) dated June 22nd, 2020.*
  G Power of Attorney of INVERBAN INVESTMENTS S.L. (Unipersonal) dated June 22nd, 2020.*

 

 

*Previously filed as an exhibit to the Schedule 13D of Ternium S.A. dated June 25th, 2020 and incorporated by reference in this Amendment No. 5.

 

Page 10 of 31

 

 

Schedule I

 

ROCCA& PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN

 

MANAGEMENT

 

Manager Residence or business address Present principal occupation Citizenship
Zenco Management BV “De Rotterdam” 41st floor, Wilhelminakade 173 – 3072 AP Rotterdam, The Netherlands Management Company Dutch

 

VOTING COMMITTEE

 

Members Residence or 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, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Enrico Bonatti 8th Floor, Farringdon Street, London, EC4A 4AB, United Kingdom Director of Tenaris Global Services (UK) Ltd. Swiss
Giovanni Sardagna Gravules-ch 10,
7522 La Punt chamues-ch, Switzerland
Director of Investors’ relations of Tenaris S.A. Italian
Andres Piñeyro Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain President of Meridium S.A. Argentine
Lodovico Rocca Via Monte Rosa 93, 20149 Milan, Italy President of Techint E&C, Uruguay Italian

 

Page 11 of 31

 

  

SAN FAUSTIN S.A.

 

BOARD OF DIRECTORS

 

Name Residence or business address Present principal occupation Citizenship
Gianfelice Rocca Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board 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
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Guido Bonatti Via Donizetti 57, Milan, Italy Financial Advisor Italian
Marco Drago 13, via Cattaneo, Novara, Italy Chairman of De Agostini SpA Italian
Giorgio Alliata di Montereale Carlos M. Della Paolera 299, 18th floor, Buenos Aires, Argentina Economist Italian
Bob Kneip 33, rue des Puits de Romain, L-8070, Bertrange, Luxembourg Vice-Chairman of Kneip Communication Luxembourg Luxembourger
Andres Piñeyro Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain Presidentof Meridium S.A. Argentine
Lodovico Rocca Via Monte Rosa 93, 20149 Milan, Italy President of Techint E&C, Uruguay Italian
Giovanni Sardagna Gravules-ch 10,
7522 La Punt chamues-ch, Switzerland
Director of Investors’ relations of Tenaris S.A. Italian
Paolo Bassetti Strada Gheorghe Manu 7, Bucarest, Romania Director of BEPA Investitii Consultor SRL, Bucarest, Romania Italian

 

OFFICERS

 

Name Residence or business address Present principal occupation Citizenship
Chairman of the Board
Gianfelice Rocca
Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
President
Paolo Rocca
Av. Leandro N. Alem 1067, 29th floor, Buenos  Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Vice-president
Giovanni Sardagna
Gravules-ch 10,
7522 La Punt chamues-ch, Switzerland
Director of Investors’ relations 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
Diego Fortunato
26, Boulevard Royal, Ground Floor, L-2449 Luxembourg General Manager San Faustin S.A. Italian
Chief Financial Officer
Mario O. Lalla
Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina President of Sociedad Anónima de Mandatos y Administración S.A. Argentine

  

Page 12 of 31

 

 

TECHINT HOLDINGS S.à r.l.

 

BOARD OF DIRECTORS

  

Name Residence or business address Present principal occupation Citizenship
Gianfelice M. Rocca
(Chairman)
Via Monterosa 93, 20149 Milan, Italy Chairman of San Faustin S.A. Italian
Mario O. Lalla Av. Leandro N. Alem 1067, 28th floor, Buenos Aires, Argentina President of Sociedad Anónima de Mandatos y Administración S.A. Argentine
Alain Renard 74, Grand-Rue
L-1660 Luxembourg, Grand Duchy of Luxembourg
Member of the Executive Committee of Atalux French
Michele Zerbi 74, Grand-Rue
L-1660 Luxembourg, Grand Duchy of Luxembourg
General Manager of MVC (Metallurgical V.C.) S.A. Italian

 

Page 13 of 31

 

 

TENARIS S.A.

 

BOARD OF DIRECTORS

 

Name Residence or 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
Germán Curá 2200 West Loop South, Suite 800, Houston, Texas, 77027, USA Director and Vice Chairman of the Board of Tenaris S.A. US
Guillermo F. Vogel Hinojosa Campos Eliseos 400 Piso 17, Col. Chapultepec Polanco, Mexico Director and Vice Chairman of the Board of Tenaris S.A. Mexican
Roberto Bonatti Viale Piave 4, 20129 Milan, Italy Director of San Faustin S.A. Italian
Carlos A. Condorelli Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina Director of Tenaris S.A. and Ternium S.A Argentine
Roberto Monti Sugarberry Circle 263, Houston, Texas, U.S.A. Director of YPF S.A. Argentine
Gianfelice Rocca Via Monte Rosa 93, 20149 Milan, Italy Chairman of the Board of San Faustin S.A. Italian
Jaime Serra Puche 600 Paseo de La Reforma, 1 floor, Plaza de la Reforma Santa Fe Bldg, Mexico Chairman of SAI Derecho & Economia Mexican
Mónica Tiuba 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Director of Tenaris S.A. and Chairperson of Tenaris Audit Committee Brazilian and Luxembourger
Yves Speeckaert 57 rue de l’Alzette, L-4011 Esch-sur-Alzette,  Luxembourg Director of Tenaris S.A. Belgian
Simon Ayat 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Director of Tenaris S.A. French and Lebanese

 

OFFICERS

 

Name Residence or 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
Alicia Móndolo
Av. Leandro N. Alem 1067, 25th floor, Buenos Aires, Argentina Chief Financial Officer, Tenaris SA Argentine
Secretary of the Board of Directors
Cecilia Bilesio
Campos Eliseos 400 17th, Col. Chapultepec Polanco, Mexico Secretary of the Board of Directors of Tenaris S.A. Argentine

 

Page 14 of 31

 

 

TENARIS INVESTMENTS S.à r.l.

 

BOARD OF MANAGERS

 

Name Residence or business address Present principal occupation Citizenship
Alicia Móndolo Av. Leandro N. Alem 1067, 25th floor, Buenos Aires, Argentina Chief Financial Officer, Tenaris SA Argentine
Stefano Bassi 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg Manager of Tenaris Investments S. à r.l. Italian
Yves Speeckaert 57 rue de l’Alzette, L-4011 Esch-sur-Alzette,  Luxembourg Independent Director Belgian

 

Page 15 of 31

 

 

TECHINT FINANCIAL SERVICES S.L. (Unipersonal)

  

BOARD OF DIRECTORS

  

Name Residence or business address Present principal occupation Citizenship
Mario Osvaldo Lalla Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina President of Sociedad Anónima de Mandatos y Administración S.A. Argentine
Andrés Piñeyro Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain President of Meridium S.A. Argentine
Andrés Jesús David Echegaray Calle Recoletos 23, 3rd floor, 28001 Madrid, Spain Director of Techint Financial Services S.L. (Unipersonal) Argentine
Gonzalo de Benito Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish

  

OFFICERS

 

Name Residence or business address Present principal
occupation
Citizenship
President
Mario O. Lalla
Av. Leandro N. Alem 1067, 28th floor, Buenos  Aires, Argentina President of Sociedad Anónima de Mandatos y Administración S.A. Argentine
Secretary
Gonzalo de Benito
Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish

 

Page 16 of 31

 

 

INVERBAN INVESTMENTS S.L. (Unipersonal)

 

BOARD OF DIRECTORS

 

Name Residence or business Address Present principal occupation Citizenship
Enrico Bonatti 8th Floor, Farringdon Street, London, EC4A 4AB, United Kingdom Director of Tenaris Global Services (UK) Ltd. Swiss
Michele Zerbi 74, Grand-Rue, L-1660 Luxembourg, Grand Duchy of Luxembourg General Manager of MVC (Metallurgical V.C.) S.A. Italian
Gonzalo de Benito Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish
Carlos Macellari 20 Sandoval, 4a, Madrid 28010, Spain Consultant Argentine

 

OFFICERS

 

Name Residence or business Address Present principal occupation Citizenship
President
Michele Zerbi
74, Grand-Rue, L-1660 Luxembourg, Grand Duchy of Luxembourg General Manager of MVC (Metallurgical V.C.) S.A. Italian

Secretary
Gonzalo de Benito 

Paseo de la Castellana 12, Madrid, Spain Attorney-at-law Spanish

 

Page 17 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. 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. 5 to Schedule 13D on his own behalf and on behalf of SAN FAUSTIN S.A., TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

  

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 18 of 31

 

  

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. 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. 5 to Schedule 13D on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, TECHINT HOLDINGS S.À R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

  

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 19 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. 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. 5 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., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

  

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 20 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. 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. 5 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.À R.L., TENARIS INVESTMENTS S.À R.L., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

  

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 21 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. 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. 5 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.À R.L., TENARIS S.A., TECHINT FINANCIAL SERVICES S.L. (Unipersonal) and INVERBAN INVESTMENTS S.L. (Unipersonal).

  

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 22 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by TECHINT FINANCIAL SERVICES S.L. (Unipersonal) 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. 5 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.À R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L. and INVERBAN INVESTMENTS S.L. (Unipersonal).

 

June 28th, 2021

 

  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 23 of 31

 

 

SIGNATURE

  

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando J. Mantilla, attorney duly authorized by INVERBAN INVESTMENTS S.L. (Unipersonal) 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. 5 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.À R.L., TENARIS S.A., TENARIS INVESTMENTS S.À R.L. and TECHINT FINANCIAL SERVICES S.L. (Unipersonal).

 

June 28th, 2021

   
  /s/ Fernando J. Mantilla
  Attorney-in-fact

 

Page 24 of 31

 

 

Exhibit A

 

POWER OF ATTORNEY

  

The undersigned, J. de Jong, Director of Zenco Management B.V., sole Director of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN, a private foundation (Stichting) organized under the laws of the Netherlands, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

By:

  

  /s/ J. de Jong  
   (on behalf of Zenco Management B.V.)  

 

Dated: June 23rd, 2020.

  

Page 25 of 31

 

 

Exhibit B

  

[LETTERHEAD OF SAN FAUSTIN S.A.]

  

POWER OF ATTORNEY

  

The undersigned, Alain Renard and Michele Zerbi, Attorneys-in-fact of SAN FAUSTIN S.A., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

  

By:

 

/s/ Alain Renard   /s/ Michele Zerbi
Attorney-in-fact   Attorney-in-fact

  

Dated: June 22nd, 2020.

 

Page 26 of 31

 

 

Exhibit C

 

[LETTERHEAD OF TECHINT HOLDINGS S.ÀR.L.]

  

POWER OF ATTORNEY

  

The undersigned, Alain Renard and Michele Zerbi, Directors (“gérants”) of TECHINT HOLDINGS S.À R.L., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

  

By:

/s/ Alain Renard   /s/ Michele Zerbi
Director   Director

  

Dated: June 22nd, 2020.

 

Page 27 of 31

 

 

Exhibit D

 

[LETTERHEAD OF TENARIS S.A.]

  

POWER OF ATTORNEY

  

The undersigned, Stefano Bassi and Javier Cayzac, attorneys-in-fact of Tenaris S.A., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

  

By:  

 

/s/ Stefano Bassi   /s/ Javier Cayzac
Attorney-in-fact   Attorneys-in-fact

  

Dated: June 22nd, 2020.

 

Page 28 of 31

 

 

Exhibit E

  

[LETTERHEAD OF TENARIS INVESTMENTS S.ÀR.L.]

  

POWER OF ATTORNEY

  

The undersigned, Stefano Bassi and Javier Cayzac as attorneys-in-fact of Tenaris Investments S.àr.l., a company organized under the laws of the Grand Duchy of Luxembourg, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

  

By:

 

/s/ Stefano Bassi   /s/ Javier Cayzac
Attorney-in-fact   Attorney-in-fact

  

Dated: June 22nd, 2020.

 

Page 29 of 31

 

 

EXHIBIT F

 

[LETTERHEAD OF TECHINT FINANCIAL SERVICES S.L. (Unipersonal)]

  

POWER OF ATTORNEY

  

The undersigned, Andrés Jesús David Echegaray and Rosana Marcela Garoby, Attorneys-in-fact of Techint Financial Services S.L. (Sociedad Unipersonal), a company organized under the laws of Spain, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

 

By:

 

/s/ Andrés Jesús David Echegaray   /s/ Rosana Marcela Garoby
Attorney-in-fact   Attorney-in-fact

  

Dated: June 22nd, 2020.

 

Page 30 of 31

 

 

EXHIBIT G

 

[LETTERHEAD OF INVERBAN INVESTMENTS S.L. (Unipersonal)]

  

POWER OF ATTORNEY

  

The undersigned Andrés Jesús David Echegaray and Rosana Marcela Garoby, Attorneys-in-fact of Inverban Investments S.L. (Sociedad Unipersonal), a company organized under the laws of Spain, hereby constitutes and appoints Fernando J. Mantilla, Mario O. Lalla and Michele Zerbi, each of them acting severally, as attorneys or attorney of the undersigned, to sign on its behalf a Statement on Schedule 13G or 13D relating to the Common Stock of TERNIUM S.A., including any agreements attached as exhibits thereto, and to sign any or all amendments to such Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission of the United States of America, granting unto said attorneys or attorney, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, hereby ratifying and confirming all that said attorneys or attorney may lawfully do or cause to be done by virtue hereof.

  

By:

 

/s/ Andres Jesús David Echegaray   /s/ Rosana Marcela Garoby
Attorney-in-fact   Attorney-in-fact

  

Dated: June 22nd, 2020

 

 

Page 31 of 31