Company: BCDRF
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001193125-25-260533
Chunk: 37

Company: Banco Santander, S.A.
Filing Date: 2025-10-31
Form: 424B5
Chunk 37
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, or other obligations of
such Regulated Entity (or affiliate of such Regulated Entity).

“BRRD” means Directive 2014/59/EU of 15 May
establishing a framework for the recovery and resolution of credit institutions and investment firms, as amended or replaced from time to time.

“Brussels Ia Regulation” means Regulation (EU) No. 1215/2012 of the European Parliament and of the Council of
12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters, as amended.

“Calculation Agent” means the Trustee (as defined herein) or such other person authorized by Banco Santander as the party
responsible for calculating the rate(s) of interest and interest amount(s) and/or such other amount(s) from time to time in relation to the 2030 Floating Rate Notes.

“CET1 Capital” means at any time, the common equity tier 1 capital of Banco Santander or the Group, respectively, as
calculated in accordance with Chapter 2 (Common Equity Tier 1 Capital) of Title I (Elements of own funds) of Part Two (Own Funds and Eligible Liabilities) of the CRR and/or Applicable Banking Regulations at such time, including any applicable
transitional, phasing in or similar provisions.

“Common Equity Tier 1 Instruments” means instruments qualifying as
CET1 Capital.

S-22

“CRD” means any or any combination of the CRD Directive, the CRR, and any
CRD Implementing Measures.

“CRD Directive” means Directive 2013/36/EU of the European Parliament and of the Council of
26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, as amended or replaced from time to time.

“CRD Implementing Measures” means any regulatory capital rules implementing the CRD Directive or the CRR which may from
time to time be introduced, including, but not limited to, delegated or implementing acts (regulatory technical standards) adopted by the European Commission, national laws and regulations, and regulations and guidelines issued by the Regulator, the
European Banking Authority or any other relevant authority, which are applicable to Banco Santander (on a standalone basis) or the Group (on a consolidated basis) and which prescribe the requirements to be fulfilled by financial instruments for
inclusion in the regulatory capital or the minimum requirement for own funds