Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 866

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 866
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 of structural financing of the balance sheet should be highlighted. In accordance with the guidelines established by the European Banking Authority (EBA) in 2014 on committed and uncommitted assets, the concept of assets committed in financing transactions (asset encumbrance) includes both on-balance sheet assets provided as collateral in transactions to obtain liquidity and off-balance sheet assets that have been received and reused for similar purposes, as well as other assets associated with liabilities for reasons other than financing.

Annual report 2024 820

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

The residual maturities of the liabilities associated with the assets and guarantees received and committed are presented below, as of 31 of December of 2024 (EUR thousand million):

| Residual maturities of the liabilities |     |      | Unmatured |     |      | <=1month |     |      | >1 month   
 <=3 months |     |      | >3 months   
 <=12 months |     |      | >1 year   
 <=2 years |     |      | >2 years  
 <=3 years |     |      | 3 years   
 <=5 years |     |      | 5 years    
 <=10 years |     |      | >10 years |     |       | Total |
| Committed assets                       |     | 45.6 |           |     | 55.9 |          |     | 13.9 |            |     | 39.9 |             |     | 33.0 |           |     | 37.6 |           |     | 39.6 |           |     | 20.6 |            |     | 13.7 |           |     | 299.8 |       |
| Guarantees received committed          |     | 40.0 |           |     | 60.3 |          |     | 16.4 |            |     | 38.8 |             |     |  3.1 |           |     |  0.8 |           |     |  0.9 |           |     |  0.6 |            |     |  0.1 |           |     | 161.0 |       |

The reported Group information as required by the EBA at 2024 year-end is as follows:

| On-balance-sheet encumbered assets |