Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000035
Chunk: 4

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 4
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 Q4’23. P&L accounts are all presented on an underlying basis. TNAVps + Cash DPS includes the €9.50 cent cash dividend per share paid in May 2024 and the €10.00 cent interim cash dividend per share paid in November 2024. Solid balance sheet with sound credit quality and capital ratio reflecting all-time high organic generation Record results for the third consecutive year, creating value for shareholders FL CET1 TNAVps + DPS Cash DPS Q4’24 attributable profit FY’24 attributable profit RoTEEfficiency +14% €12.6bn 41.8% -226bps 12.8% +51bps +14% YoY +39% +121bps CoR 1.15% 16.3% €3.3bn +11% -3bps YoY

6 All-time high profit boosted by customer revenue and efficiency improvements from our transformation Note: underlying P&L. All references to variations in constant euros across the presentation include Argentina in current euros to mitigate distortions from a hyperinflationary economy. From Q2 2024 onwards for the Argentine peso, we apply an alternative exchange rate that better reflects the evolution of inflation (we continue to apply the official ARS exchange rate to all prior periods). For further information, please see the ‘Alternative Performance Measures’ section of the Quarterly Financial Report. Exceeding our upgraded 2024 Group targets • Double-digit revenue growth • Best efficiency in 15 years • Record net operating income • CoR: 1.15% • FL CET1:12.8% and RoTE: 16.3% P&L Current Constant € million 2024 2023 % % NII 46,668 43,261 8 10 Net fee income 13,010 12,057 8 11 Other income 2,533 2,329 9 12 Total revenue 62,211 57,647 8 10 Operating expenses -26,034 -25,425 2 4 Net operating income 36,177 32,222 12 15 LLPs -12,333 -12,458 -1 2 Other results -4,817 -3,066 57 59 Attributable profit 12,574 11,076 14 15

7 We are a global Retail and Consumer powerhouse with 173mn customers Revenue (€bn) Contribution to Group revenue Efficiency RoTE FY'24