Company: BCDRF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003514
Chunk: 14

Company: Banco Santander, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 14
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 anónima).

Banco Santander conducts business under the commercial name “Santander.” The Group’s principal corporate offices are located in
Ciudad Grupo Santander, Avenida de Cantabria s/n, 28660 Boadilla del Monte, Madrid, Spain, and its telephone number is (011)
34-91-259-6520.

S-1

The Offering

| Issuer | Banco Santander, S.A. |

| 2030 Fixed Rate Notes | $1,000,000,000 aggregate principal amount of 5.565% Senior Non Preferred Fixed Rate Notes due 2030. |

| 2035 Fixed Rate Notes | $1,000,000,000 aggregate principal amount of 6.033% Senior Non Preferred Fixed Rate Notes due 2035. |

| Interest Rate | The 2030 Fixed Rate Notes will bear interest at a rate of 5.565% per annum (the “2030 Fixed Rate Interest Rate”). |

| The 2035 Fixed Rate Notes will bear interest at a rate of 6.033% per annum (the “2035 Fixed Rate Interest Rate”). |

| Regular Record Dates | Interest will be paid to holders of record of the Notes in respect of the principal amount thereof outstanding as of the close of business 15 calendar days preceding the relevant Interest Payment Date (as defined herein), whether or not a 
 Business Day (as defined herein).                                                                                                                                                                                                              |

| Business Day Convention | Following, unadjusted. |

| Day Count Basis | 30/360. |

| Ranking | The payment obligations of Banco Santander in respect of principal under the Notes constitute direct, unconditional, unsubordinated and unsecured senior                                                                                           
 non preferred obligations (créditos ordinarios no preferentes) of Banco Santander and, in accordance with Additional Provision 14.2 of Law 11/2015, but subject to any other ranking that may apply as a result of any mandatory provision         
 of law (or otherwise), upon the insolvency of Banco Santander, such payment obligations rank (i) pari passu among themselves and with any other Senior Non Preferred Liabilities, (ii) junior to the Senior Higher Priority Liabilities            
 (and, accordingly, upon the insolvency of Banco Santander, the payment obligations of Banco Santander in respect of principal under the Notes will be met after payment in full of the Senior Higher Priority Liabilities) and (iii) senior to any 
 present and                                                                                                                                                                                                                                        |

S-2

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