Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000111
Chunk: 14

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 14
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 expense or income from continuing operations Total income tax in H1 2025 amounted to EUR 2,367 million which includes EUR 174 million corresponding to the quarterly accrual of expected tax on income obtained in Spain for the year. In H1 2024, income tax was EUR 2,707 million. Profit or loss after tax from discontinued operations Profit from discontinued operations totalled EUR 726 million in H1 2025 and EUR 575 million in H1 2024. This line includes the results associated with the Poland disposal, which increased year-on-year driven by a strong revenue performance and lower provisions. Profit attributable to non-controlling interests Profit attributable to non-controlling interests amounted to EUR 630 million in H1 2025 compared to EUR 533 million in H1 2024. Profit attributable to the parent Profit attributable to the parent rose to a new record at EUR 6,833 million in H1 2025, compared to EUR 6,059 million in H1 2024. This 13% increase year-on-year, was driven by strong net fee income performances across most of our global businesses and lower costs. Additionally, this year-on-year comparison was favoured by: i) the full charge in Q1 2024 of the temporary levy on income earned in Spain, compared to the accrual in 2025 of the expected tax on income obtained in Spain for the year, and ii) a EUR 243 million charged in H1 2024 in PagoNxt following the discontinuation of our merchant platforms in Germany and Superdigital in Latin America.

| 12 |     | January- June2025 |

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

| UNDERLYING INCOME STATEMENT |     |                                                                                                         |     |               |     |         |     |         |     |                 |     |       |
|                             |     | →Fifth consecutive quarter of record profit,boosted by solid performances across our global businesses. 
 →We continue to drive profitable growth and strong efficiency,supported by ONE Transformation.          
 →Risk indicatorswere robust, supported by good risk management and low unemployment.                    |     |               |     |         |     |         |