Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 154

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 154
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 (h), and (g)

Governance bodies and frequency

We manage and review progress with sustainability at the highest level of the business. The board of directors is responsible, among other things, for approving the sustainability agenda and setting the sustainability strategy.

The responsible banking, sustainability and cultural committee proposes and oversees the development and implementation of the Group's sustainability strategy and policies, in support of the board of directors.

Other board committees also analyse specific sustainability topics. The audit committee is responsible for supervising and reviewing the financial and non-financial information process, as well as the

#### internal control systems
, to meet the most demanding international standards and complies with the guidelines established by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

The overseeing of material sustainability issues, as well as the main lines of action for their management, are periodically reviewed through the bodies shown below, which together form the governance of the function: j

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2024 Pillar 3 Disclosures Report 229

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

| Board of directors                                                                           
 Prepares annual accounts and management report, which shall include non-financial statement, 
 and is presentation to the general shareholders' meeting                                     |     |                                                                                                                                             |     |                                                                                                                                  |
| é                                                                                            |     | é                                                                                                                                           |     | éé                                                                                                                               |
| Risk supervision, regulation and compliance committeeA                                       
 Reviews risk appetite statement proposals prior to board approval                            |     | Audit committee                                                                                                                             
 Reviews company and Group financial statements, monitor legal requirements compliance and assesses information and internal control systems |     | Responsible banking, sustainability and cultural committee                                                                       
 Assists the board in fulfilling its oversight of the responsible business strategy and sustainability issues (company and Group) |

|                                                        |     | é                      |     |                                                                   |     | é |     | é                                                           |
| Executive & management level (main bodies & functions) |     |                        |     |                                                                   |     |   |     |                                                             |
|                                                        |     | Risk control committee |     | Accounting & financial management information corporate committee 
 Financial accounting & control function                           |     |   |     | Sustainability, risk, reporting and ESG businesses function |

| Defense lines: |     |                                          |     |                     |     |                    |
|                |     | 1stline of defence                       
 (Business owners, general accounting and 
 management and