Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 828

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 828
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 |    % |
| DCB Europe       |     |                    |  83 |    % |     |  88 |    % |     |  93 |    % |     |                                        |     |  1,209 |     |    792 |     |    544 |     |                       |  0.88 |    % |     |  0.62 |    % |     |  0.45 |    % |
| Corporate Centre |     |                    |  25 |    % |     |  33 |    % |     |   2 |    % |     |                                        |     |     -3 |     |     -2 |     |    -10 |     |                       | (0.05 |   %) |     | (0.04 |   %) |     | (0.14 |   %) |
| Total Group      |     |                    |  65 |    % |     |  66 |    % |     |  68 |    % |     |                                        |     | 12,333 |     | 12,458 |     | 10,509 |     |                       |  1.15 |    % |     |  1.18 |    % |     |  0.99 |    % |

A. Management perimeter according to the reported segments.

B. Includes gross loans and advances to customers, guarantees and documentary credits.

C. Loan-loss provisions net of post write-off recoveries (EUR 1,606million).

D. Provisions to cover losses due to impairment of loans in the last 12 months / average customer loans and advances of the last 12 months.

Annual report 2024 793

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

Key figures by geographic region are described below at 31 December 2024 : • Europe: the NPL ratio fell 17bps to 2.15% from 2023 due to portfolio growth mainly in Spain, the UK, and Portugal, with a 5% decrease in credit impaired in these geographies, compared to 2023. • North America: the NPL ratio increased 13bps to 4.22% from 2023, mainly due to increases at SC USA (normalization of the portfolio) and SBNA despite of good performance of the