Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 138

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 138
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losures Report

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

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2024 Pillar 3 Disclosures Report 209

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

210 2024 Pillar 3 Disclosures Report

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

| 9.1. Liquidity and funding risk        |     | 212 |
| 9.1.1. Liquidity Coverage Ratio (LCR)  |     | 212 |
| 9.1.2. Net Stable Funding Ratio (NSFR) |     | 213 |
| 9.1.3. Asset Encumbrance               |     | 214 |
| 9. LIQUIDITY RISK                      |     |     |

2024 Pillar 3 Disclosures Report 211

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

| 9. LIQUIDITY RISK |

Liquidity risk entails the potential losses that may be incurred by an entity as a result of its inability to secure funding on the market and/or the higher borrowing costs of new sources of finance. This section covers the LIQA – Liquidity risk management and LIQB – Qualitative information on LCR requirements, which complements template EU LIQ1. It also complies with sections (d), (e), (f) and (g) of OVA – Institution risk management approach.

| Main figures                                                       |     |      |           |     |      |           |
| Million euros                                                      |     |      |           |     |      |           |
|                                                                    |     | 2024 |           |     | 2023 |           |
| Liquidity Coverage Ratio                                           |     |      |           |     |      |           |
| Total high-quality liquid assets (HQLA) (Weighted value - average) |     |      |   330,492 |     |      |   323,188 |
| Cash outflows - Total weighted value                               |     |      |   275,509