Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000080
Chunk: 17

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 17
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 the Group’ • We are aligning financial reporting to recent changes in the management of Wealth Management & Insurance: - The Investment Platforms Unit (IPU) and certain stakes in companies, mainly in the real estate sector, that were previously recorded in Retail & Commercial Banking or Corporate & Investment Banking have been incorporated into Wealth Management & Insurance - As a result, a fourth vertical, ‘Portfolio Investments’, has been created within Wealth Management & Insurance, incorporating the aforementioned IPU and stakes in companies a • Some profit-sharing criteria between Retail & Commercial Banking and Cards have been improved, aligning criteria across the Group b • Additionally, we completed the usual annual adjustment of the perimeter of the Global Customer Relationship Model between Retail & Commercial Banking and Corporate & Investment Banking and between Retail & Commercial Banking and Wealth Management & Insurance c The Group’s previously reported global figures in the consolidated financial statements, as well as that of the countries and the Corporate Centre, remain unchanged (1) The impact of these changes does not represent a material impact on global businesses’ profit and does not affect results at the Group or country level.

29 Changes to secondary segments - dissolution of regional reporting1 Spain United Kingdom Portugal Poland US Mexico Brazil Chile Argentina DCB Europe Corporate Centre Rest of the Group TOTAL GROUP EUROPE Spain United Kingdom Portugal Poland Other Europe NORTH AMERICA US Mexico Other North America SOUTH AMERICA Brazil Chile Argentina Other South America DCB EUROPE CORPORATE CENTRE TOTAL GROUP From… …To • We will stop reporting financial information by region (Europe, North America and South America) • The new ‘Rest of the Group’ brings together the previously reported Other Europe, Other North America and Other South America

30 2 Impact of modifications to global business perimeters in 2024 From… …To 2024, €mn Group Retail Consumer CIB Wealth Payments Group NII 46,668 -5 0 -32 +79 -42 46,668 Fees 13,010 +26 0 0 +8 -34 13,010 Other income 2,533 -108 -4 +27 +55 +31 2,533 Total income 62,211 -87 -4 -5 +142 -45 62,211 Costs -26,034 +81 0 +13 -139 +45 -26,034 Net operating income 36,177 -6 -4 +7 +3 0 36,177 LLPs -12,333 -1 0 +3 -3 0 -12,333 Other results and provisions -4