Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 328

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 328
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4% compared to the previous year.

The immediately payable variable remuneration in deferred amounts not contingent on long-term metrics and variable remuneration deferred and contingent on long-term objectives approved by the board of directors, following a proposal by the remuneration committee, resulting from the aforementioned process are:

| Immediately payable and deferred (not linked to long-term objectives) variable remuneration |     |         |            |       |     |          |       |     |     |       |     |        |     |         |            |       |     |          |       |     |     |       |     |       |
| EUR thousand                                                                                |     |         |       2024 |       |     |          |       |     |     |       |     |        |     |         |       2023 |       |     |          |       |     |     |       |     |       |
|                                                                                             |     | In cash | In sharesA |       |     | In RSUsA |       |     |     | Total |     |        |     | In cash | In sharesB |       |     | In RSUsB |       |     |     | Total |     |       |
| Ana Botín                                                                                   |     |         |            | 2,961 |     |          | 2,761 |     | 200 |       |     |  5,922 |     |         |            | 2,848 |     |          | 2,648 |     | 200 |       |     | 5,696 |
| Héctor Grisi                                                                                |     |         |            | 2,046 |     |          | 1,878 |     | 168 |       |     |  4,092 |     |         |            | 1,952 |     |          | 1,784 |     | 168 |       |     | 3,904 |
| Total                                                                                       |     |         |            | 5,007 |     |          | 4,639 |     | 368 |       |     | 10,015 |     |         |            | 4,800 |     |          | 4,432 |     | 368 |       |     | 9,600 |

A. The amounts in the foregoing table correspond to a total of 1,014 thousand shares of Banco Santander and 7 thousand RSUs of PagoNxt, S.L