Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000113
Chunk: 101

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 101
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 of 584zlotys per share, as well as the 50% of Santander Towarzystwo Funduszy Inwestycyjnych S.A. (TFI, the asset management business in Poland) owned directly by Banco Santander, S.A., for a total amount of approximately EUR 7,000million. Following the transaction, Santander will hold approximately 13% of Santander Polska’s share capital.

As part of this transaction, Banco Santander has agreed to acquire 60% of Santander Consumer Bank Polska, currently owned by Santander Polska, for approximately PLN 3,105million (EUR 726million).

The completion of the transactions is subject to the usual conditions for this type of deal, including obtaining the relevant regulatory authorizations.

As a result of this transaction, the Group has reclassified at 30 June 2025 in consolidated the balance sheet the assets of Santander Polska and TFI under the line item 'Non-current assets held for sale', and their liabilities under the heading 'Liabilities associated with non-current assets held for sale'. Likewise, the effect of these businesses on the consolidated income statement for the first half of 2025 has been classified under the line item 'Profit/(loss) after tax from discontinued operations' (see Note 6), with the same classification applied for comparative purposes in the consolidated income statement for the first half of 2024.

Agreement for the acquisition of TSB Banking Group plc

On 1 July 2025, Banco Santander announced an agreement with Banco de Sabadell, S.A. (Sabadell) for the acquisition of TSB Banking Group plc (TSB) for approximately GBP 2,650million (EUR 3,100million) plus the results generated by this business between 31 March 2025, and the closing of the transaction.

The completion of the transaction is subject to approval by Sabadell’s shareholders and to the usual conditions for this type of deal, including obtaining the relevant regulatory authorizations.

| 110 |     | January - June 2025 |

3. Shareholder remuneration system and earnings per share

a) Shareholder remuneration system

The cash remuneration paid by Banco Santander to its shareholders in the first six months of 2025 and 2024 was as follows:

|                                                          |     | 30-06-2025 |     |      |           |     |      |               |     |       |