Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 61

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 61
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3 Disclosures Report

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

4.2.3. Equity investments and instruments not included in the held-for-trading book

This section provides definitions for investments in associates, equity instruments classified as other financial assets at fair value through other comprehensive income and financial assets with mandatory classification at fair value through profit or loss. Also, the accounting policies and measurement methods applied are defined. Information is also provided on the amounts of the equity instruments not included in the held-for-trading portfolio.

Investments in associates are defined by shares allowing the Group to influence, but not to control or joint control the respective associates. For such cases usually 20% or more of the voting power is allocated to the group.

Equity instruments not held for trading issued by entities other than subsidiaries, jointly controlled entities and associates are required to be classified at fair value through profit or loss, unless the entity opts to classify them as financial assets at fair value through other comprehensive income, irrevocably, on initial recognition.

Investments in associates are recognised at cost and the Group periodically tests for their impairment.

Equity instruments classified as other financial assets at fair value through other comprehensive income are recognised and measured at fair value with a corresponding entry in equity, under valuation adjustments, irrevocably. Instruments classified as financial assets with mandatory recognition at fair value through profit or loss are recognised and measured at fair value with a corresponding entry in profit or loss.

| Table 33.CR10.5 - Equity exposures under the simple risk-weighted approach |     |            |   |     |                           |   |     |                            |   |     |             |   |     |                |   |     |                               |   |     |                      |
| EUR million                                                                |     |            |   |     |                           |   |     |                            |   |     |             |   |     |                |   |     |                               |   |     |                      |
|                                                                            |     |            |   |     |                           |   |     |                            |   |     |             |   |     |                |   |     |                               |   |     |                 2024 |
|                                                                            |     | Categories |   |     | On-balance sheet exposure |   |     | Off-balance sheet exposure |   |     | Risk weight |   |     | Exposure value |   |     | Risk weighted