Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000105
Chunk: 30

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 30
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1'25 H1'24 % H1'24 % H1'24¹ NII 42 14.5 80 62 45.1 29.4 Net fee income 265 11.0 510 456 21.7 11.7 Total revenue 325 4.9 641 583 19.2 9.9 Operating expenses -290 2.8 -576 -601 0.1 -4.2 LLPs -5 -15.3 -11 -9 25.8 16.4 Attributable profit 11 223.8 16 -304 — — (*) € mn and % change in constant euros. (1) % change in current euros. (2) H1’24 PagoNxt profit including the write-downs in Q2’24 of our investments related to our merchant platform in Germany and Superdigital in Latin America (€243mn net of tax and minority interests). 2

45 Corporate Centre • NII affected by lower interest rates • Losses on financial transactions improved, due to a lower impact from foreign currency hedges • Costs impacted by higher IT expenses • LLPs increased in line with our strategy to accelerate NPL ratio reductions, which is improving the Group's credit quality • The sum of the rest of the lines improved year-on-year; mainly due to lower tax pressure • As a result, higher attributable loss YoY HIGHLIGHTSP&L Underlying P&L* H1'25 H1'24 NII -232 -100 Gains / losses on financial transactions -143 -284 Operating expenses -184 -174 LLPs and other provisions -272 -82 Tax and minority interests 93 -3 Attributable profit -713 -609 (*) € mn.

46 Detail by country

47 Note: Jun-25 data and YoY changes (loans, deposits and mutual funds in constant euros). SPAIN UK Underlying P&L* Q2'25 % Q1'25 H1'25 % H1'24 NII 1,806 1.5 3,585 -1.9 Net fee income 735 -4.1 1,503 1.3 Total revenue 3,036 -3.0 6,167 1.7 Operating expenses -1,051 0.2 -2,099 1.7 Net operating income 1,986 -4.6 4,067 1.7