Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 26

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 26
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16.78 |       % |        | 16.39 |       % |        | 16.54 |       % |        | 16.31 |       % |     |               | 17.37 |       % |        | 17.04 |       % |        | 16.69 |       % |        | 16.57 |       % |        | 16.35 |       % |

| RWA distribution by type of risk |     | Calculating RWAs credit method(ex. SEC and Others) |

30 2024 Pillar 3 Disclosures Report

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

#### d

#### 2.1. Introduction
Capital management and capital adequacy in Grupo Santander is carried out in an integral manner, seeking to guarantee the entity's solvency, comply with regulatory requirements and maximize its profitability.

It is determined by the strategic objectives and risk appetite set by the board of directors. In order to achieve this, the following principles have been defined, which determine the Group's approach to capital management:

• Establish adequate capital planning to cover current necessities and provide the necessary equity to meet the demands of the business plans, regulatory requirements and associated risks in the short and medium term, while maintaining the risk profile approved by the board of directors.

• Ensure adequate capital to cover the needs of the group and its subsidiaries resulting from increased risks due to deteriorating macroeconomic conditions under

#### stress scenarios
.

• Optimise capital use through appropriate allocation among businesses, based on the relative return on regulatory and economic capital and taking into account risk appetite, growth and strategic objectives.

Grupo Santander manages capital and its value creation through six main blocks, placing

#### profitability
and

#### capital
at the forefront of its decisions, with the aim of improving the CET1 ratio and reinvesting freed up capital in

#### profitable growth
,

#### shareholder remuneration
and

#### strategic investments
. These blocks are:

• Capital strategy that defines an ambitious Group-wide target including a capital buffer above the requirements and incorporates a holistic market perspective compared to competitors and the supervisory authority.

• Increasing risk-adjusted returns through better allocation, analysing the performance of portfolios and carrying out both the organic (front-book) and inorganic capital allocation process.

• The detailed tracking and monitoring of performance across all countries is reviewed and evaluated at regular meetings to generate