Company: BCDRF
Filing Date: 2025-06-24
Form Type: 6-K
Source: 0000950103-25-007750
Chunk: 2

Company: Banco Santander, S.A.
Filing Date: 2025-06-24
Form: 6-K
Chunk 2
---
) can be obtained from the Dealer Managers and the Tender Agent referred to below.

| DEALER                                        
 MANAGERS                                      |                                         |
| Banco                                         
 Santander, S.A.                               
 Ciudad Grupo Santander                        
 Avenida de Cantabria s/n                      
 28660                                         
 Madrid, Spain                                 
 Attn: Liability Management                    
 Email: liabilitymanagement@gruposantander.com | Santander                               
 US Capital Markets LLC                  
 437 Madison Avenue, 8th Floor           
 New York, New York 10022                
 United States                           
 Tel (U.S. Toll Free): +1 (855) 404-3636 
 Tel (collect): +1 (212)  350-0660       
 Attn: Liability Management Team         
 Email: AmericasLM@santander.us          |
| THE                                           
 TENDER AGENT                                  
 Kroll Issuer Services Limited                 
 The News Building                             
 3 London Bridge Street                        
 London SE1 9SG                                
 United Kingdom                                
 Tel: +44 20 7704 0880                         
 Attn: Scott Boswell                           
 Email: santander@is.kroll.com                 
 Website: https://deals.is.kroll.com/santander |                                         |

Boadilla del Monte (Madrid), 24 June 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

<div align='center'>IMPORTANT INFORMATION</div>

This announcement must be read in conjunction
with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which should be read
carefully before any decision is made with respect to the Offer. If any Qualifying Holder is in any doubt as to the contents of this announcement,
the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial, legal, regulatory and tax advice,
including in respect of any tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial,
tax or legal adviser. No offer or invitation to acquire any securities is being made pursuant to this announcement.

None of the Offeror, the Dealer Managers or the
Tender Agent or any of their respective directors, employees, officers, agents or affiliates expresses any opinion about the merits of
the Offer or makes any recommendation as to whether or not any Qualifying Holder should