Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 723

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 723
---
)     |     |  2,202 |      |     |  2,400 |      |     |  2,622 |      |
| Other financial liabilities      |     | 21,683 |      |     | 23,065 |      |     | 20,187 |      |
|                                  |     | 39,916 |      |     | 40,187 |      |     | 37,059 |      |

Note 51 contains a detail of the residual maturity periods of other financial liabilities at each year-end.

Lease liabilities

The cash outflow of leases in 2024 was EUR 684million (EUR 738million and EUR 710in 2023 and 2022, respectively).

The analysis of the maturities of lease liabilities at 31 December 2024, 2023 and 2022 is shown below:

| EUR million                                      |     |       |      |     |       |      |     |       |      |
|                                                  |     |       | 2024 |     |       | 2023 |     |       | 2022 |
| Maturity Analysis - Discounted payments          |     |       |      |     |       |      |     |       |      |
| Within 1 year                                    |     |   526 |      |     |   586 |      |     |   707 |      |
| Between 1 and 3 years                            |     |   868 |      |     |   918 |      |     | 1,005 |      |
| Between 3 and 5 years                            |     |   405 |      |     |   480 |      |     |   454 |      |
| Later than 5 years                               |     |   403 |      |     |   416 |      |     |   456 |      |
| Total discounted payments at the end of the year |     | 2,202 |      |     | 2,400 |      |     | 2,622 |      |

During 2024, 2023 and 2022 there were no significant variable lease payments not included in the valuation of lease liabilities.

Annual report 2024 669

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

#### 25.Provisions
a) Breakdown

The detail of Pro