Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000111
Chunk: 58

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 58
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 that combines the investment platforms unit and stakes in other companies. We have integrated this business line into Wealth to capture synergies and enhance our value proposition and the service provided to our customers.

| 40 |     | January- June2025 |

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

Business performance

Total assets under management (AuMs) reached new record levels of EUR 514 billion, + 11% year-on-year in constant euros, driven by solid commercial activity and a positive market performance. By business and in constant euros, volumes performed as follows: • In PB , customer assets and liabilities reached record levels of EUR 338 billion (+11% year-on-year), with all product categories growing, especially funds as we are focusing on offering higher value-added products, such as alternative products and discretionary portfolio management. Net new money totalled EUR 10.6 billion, increasing year-on-year. We remain focused on offering our customers the benefits of our scale and international presence. This resulted in 8% year-on-year growth in our customer base to 305,371. • In SAM , total assets under management reached EUR 246 billion, +13% year-on-year, on the back of solid commercial activity in most countries. Net sales in H1 2025 totalled EUR 4.9 billion. • In Insurance , gross written premiums reached EUR 5.6 billion in H1 2025, increasing 6% year-on-year, driven by life savings business.

| Wealth. Business performance.June 2025     |
| EUR billion and % change in constant euros |

| Total AuMs            |
| Funds and investment* |
| - SAM                 |
| - Private Banking     |
| Custody               |
| Customer deposits     |
| Customer loans        |
| GWPs                  |

|     | / Mar-25 |     |     | / Jun-24 |
| +2  | %        |     | +11 | %        |
| +3  | %        |     | +15 | %        |
| +2  | %        |     | +13 | %        |
| +6  | %        |     | +19 | %        |
| +2  | %        |     |  +9 | %        |
| +1  | %        |     |  +3 | %        |