Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 4

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 4
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 2.44% 2.73% 2.40% 13.92% 17.15% >15% SyRB, 0.03% Assumed regulatory requirement 2024 Group ratios Dec-24 2024 target ratios Assumed capital requirements (fully-loaded)**SREP capital requirements and MDA* • AT1 and T2 ratios are planned to be close to 1.5% and 2.4% of RWAs respectively CET1 T2 AT1 Dec-24 * The phased-in ratio includes the transitory treatment of IFRS 9, calculated in accordance with article 473 bis of the Capital Requirements Regulation (CRR) and subsequent modifications introduced by Regulation 2020/873 of the European Union. Total phased-in capital ratios include the transitory treatment according to chapter 4, title 1, part 10 of the CRR. ** Fully-loaded CRR and fully-loaded IFRS 9. (1) Estimated countercyclical buffer as of Dec-24. (2) Estimated systemic risk buffer as of Dec-24. (3) MDA trigger = 3.12% - 0.17% = 2.96% (17bps of AT1 shortfall is covered with CET1). Santander Parent Bank has €70.4bn in Available Distributable Items, 108 times the full Parent AT1 budgeted for 2024. 4.50% 12.78% 0.98% 2.50% 1.25% SyRB; 0.03% CCyB; 0.40% 1.83% 1.66% 2.44% 2.95% 13.92% 17.39% Regulatory Requirement 2024 Group ratios Dec-24 • The minimum CET1 to be maintained by the Group is 9.66% • As of Dec-24, the distance to the MDA is 296bps3 and the CET1 management buffer is 312bps CET1 CCoB Pillar 1 AT1 G-SIB buffer2 T2 T2 AT1 Pillar 2 R Dec-24 CCoB Pillar 1 AT1 G-SIB buffer T2 Pillar 2 R 1 +311bps +323bps +294bps +347bps +312bps +296bps 1 2 2

6 Bond portfolio Diversified bond portfolio represents just 8% of