Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 884

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 884
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A |     | 17-Apr-2025  |     | 1,750 million American dollars                                                                 |     | N/A                           |
| Subordinated Notes, perpetual and convertible (Tier 1)                           |     | No revolvingA |     | perpetual    |     | 700 million American dollars                                                                   |     | N/A                           |
| Subordinated Preferred Notes (2024)                                              |     | No revolvingA |     | 21-Mar-2030  |     | 900 million American dollars                                                                   |     | N/A                           |
| Senior Notes 144.ª/RegS (2024)                                                   |     | No revolvingA |     | 10-Dic-2029  |     | 700 million American dollars                                                                   |     | N/A                           |

A. The issuance of the structured private banking bonds isn’t revolving. Once placed the amount laid down in the corresponding brochure a new certificate will be issued on the authorized amount.

(ii) The Board of Directors on its meeting held on January 27, 2011 approved the general conditions for the senior debt issue among international markets up to 1,500 million American dollars. On October 18, 2012 such senior debt issuance under 144ª Rules was approved on the amount of up to 1,000 million American dollars, for a term of 5 to 10 years. The issuance was approved with the purpose of obtaining resources to finance the increase in business assets and the liquidity of the Bank.

(iii) On September 20, 2018, Banco Santander México, issued and placed equity instruments, subordinated, preferential, and not convertible into shares, governed by foreign law, representative of the complementary part of the net capital of Banco Santander Mexico (Tier 2 subordinated preferred capital notes), for the amount of 1,300 million American dollars (the “Instruments”), whose resources were used mainly for the acquisition of the 94.07% of the Subordinated Notes 2013.

The amount issued of 1,300 million American dollars covers in full the sum of the repurchase of the Subordinated Notes 2013, for 1,222,907,000 American dollars.

Regarding the acquisition of the Subordinated Notes 2013: (a) the acquired total amount was 1,222,907,000 American dollars (nominal value), at a price of 1,010.50 American dollars and (b) the amount acquired by Banco Santander, S.A., was