Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 201

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 201
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Regarding the "Distance to IEA NZE 2050 in %" column, the reported criteria was modified in June 2023 Pillar III report compared to the December 2022 Pillar 3 report. The template reported in December 2024 maintains the criteria of the June 2023 20 report.

#### 10.7. Exposure to the top 20 polluting companies
The objective of this template is to show aggregate exposure of Santander to the 20 most carbon-intensive firms globally.

The scope includes loans and advances, debt securities and equity instruments, classified in the accounting portfolios of the banking book, excluding financial assets held for trading and assets held for sale.

As stated in previous reports, Santander is continuing to report this template based on the list published by Carbon Majors. In June 2024, Carbon Majors published an update of this list, which has been used to complete this template.

The "of which environmentally sustainable (CCM)" field was constructed in line with aligned exposures subject to the CSRD reported in the GAR template which contribute to the objective of mitigating climate change.

| Table 98.ESG 4 - Banking book - Climate change transition risk: Exposures to top 20 carbon-intensive firms |     |                                                                             |     |                                                                                                       |     |                                            |     |                           |     |                                           |
|                                                                                                            |     |                                                                 EUR million |     |                                                                                                       |     |                                            |     |                           |     |                                           |
|                                                                                                            |     |                                                                           a |     | b                                                                                                     |     |                                          c |     |                         d |     |                                         e |
|                                                                                                            |     |                                           Gross carrying amount (aggregate) |     | Gross carrying amount towards the counterparties compared to total gross carrying amount (aggregate)* |     | Of which environmentally sustainable (CCM) |     | Weighted average maturity |     | Number of top 20 polluting firms included |
| 1                                                                                                          |     |                                                                       5,708 |     | 0.44%                                                                                                 |     |                                       7.58 |     |                       2.8 |     |                                         9 |
|                                                                                                            |     | *For counterparties among the top 20 carbon emitting companies in the world |     |                                                                                                       |     |                                            |     |                           |     |                                           |

20 From June 2023 onwards, the Pillar