Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 704

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 704
---
 |     | 171,173 |                                 |     | 71,601 |                |
| Memorandum item                                                                                                    |     |           |       |     |         |            |               |         |            |     |         |            |     |                      |         |                           |     |         |                                 |     |         |                                 |     |         |                                 |     |        |                |
| Refinanced and restructured transactionsB                                                                          |     |    19,998 |       |     |   6,532 |            |               |   7,594 |            |     |   5,872 |            |     |                      |   3,557 |                           |     |   1,845 |                                 |     |   1,906 |                                 |     |   1,403 |                                 |     |  4,755 |                |

A. In addition, the Group has granted advances to customers amounti ng to EUR 23,345million, bringing the total of loans and advances to EUR 1,054,069million.

B. Includes the net balance of the impairment of the accumulated value or accumulated losses in the fair value due to credit risk.

C. The ratio is the carrying amount of the transactions at 31 December 2024 provided by the latest available appraisal value of the collateral.

Note 54 contains information relating to the forborne loan portfolio.

Annual report 2024 645

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

Following is the movement of the gross exposure broken down by impairment stage of loans and advances to customers recognised under 'Financial assets at amortised cost' and 'Financial assets at fair value through other comprehensive income' during 2024, 2023 and 2022:

| 2024                             |     |         |         |     |         |         |     |         |         |     |           |       |
| EUR million                      |     |         |         |     |         |         |     |         |         |     |           |       |
|                                  |     |         | Stage 1 |     |         | Stage 2 |     |         | Stage 3 |     |           | Total |
| Balance at the beginning of year |     | 929,133 |         |     |  76,654 |         |     |  33,821 |         |