Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 827

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 827
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 implies the total or partial cancellation of transaction's gross carrying amount and derecognition from the assets, which does not imply that the Group will interrupt negotiations and legal proceedings to recover debt. . In markets where the real estate risk exposure is high, Grupo Santander can take action to quickly dispose of assets, like selling off portfolios or foreclosed assets through efficient sales instruments to recover as many on-balance-sheet assets as possible.

Annual report 2024 792

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

2. Main aggregates and variations

Below are the main aggregates relating to credit risk from our activities with customers:

| Main credit risk performance metrics from activity with customersA |     |                                          |     |           |     |           |     |           |     |                 |     |        |     |        |     |        |     |           |      |      |     |      |      |     |       |      |
| December data                                                      |     |                                          |     |           |     |           |     |           |     |                 |     |        |     |        |     |        |     |           |      |      |     |      |      |     |       |      |
|                                                                    |     | Credit risk with customers(EUR million)B |     |           |     |           |     |           |     | Credit impaired 
 (EUR million)   |     |        |     |        |     |        |     | NPL ratio 
 (%)       |      |      |     |      |      |     |       |      |
|                                                                    |     |                                          |     |      2024 |     |      2023 |     |      2022 |     |                 |     |   2024 |     |   2023 |     |   2022 |     |           |      | 2024 |     |      | 2023 |     |       | 2022 |
| Europe                                                             |     |                                          |     |   640,094 |     |   624,696 |     |   639,996 |     |                 |     | 13,774 |     | 14,495 |     | 15,186 |     |           | 2.15 |    % |     | 2.32 |    % |     |  2.37 |    % |
| Spain