Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000103
Chunk: 58

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 58
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| January - June2025 |     | 41 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |

| PAYMENTS                                                                                                                                                                                                                                                                                                                                        |     | Underlying attributable profit |     | EUR 335 mn |
| →PagoNxt and Cards bring a unique position in the payments industry to the Group, covering both sides of the value chain of card payments (issuing and acquiring businesses) and account-to-account (A2A) payments.                                                                                                                             
 →Activity increased in both businesses, supported by global platform development, which enables further scale gains. In PagoNxt, Getnet's Total Payments Volume (TPV) rose 15% year-on-year in constant euros and the number of transactions improved 7%. In Cards, spending increased9%year-on-year in constant euros and transactions rose6%. 
 →Attributable profit was EUR 335 million,up 47% year-on-year in constant euros excluding the charges in Q2 2024 after discontinuing platforms, driven by a good revenue performance boosted by higher activity. PagoNxt's EBITDA margin in H1 2025 improved 8.7 pp year-on-year to 28.8%.                                                       |     |                                |     |            |

PagoNxt and Cards strategy

In PagoNxt, we made progress in our strategic priorities: • In Getnet, we focused on driving business growth, investing in innovation and developing commercial channels to expand our presence. We remain focused on positioning ourselves as a leading player in Latin America, Spain and Portugal, where we have been working to expand omnichannel capabilities of our regional API. Additionally, we have already integrated several partners into our API in Mexico, Argentina and Uruguay. In Mexico, Getnet is pioneer in regional payment security by offering the first certified card Point-to-Point Encryption (P2PE) solution, enabling safer and simpler processes. We continued to maximize synergies with distribution channels. For example, in Chile, we launched the Santander en tu barrio programme , which enables access to bank services through Getnet PoS terminals. • In Ebury, we remained focused on: i) growing customers by expanding our product offering and online capabilities, ii) expanding geographically with a focus