Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000035
Chunk: 16

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 16
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13% c.16.5% post-AT1 >17% pre-AT1 New 2025 guidance
32 Appendix Investor Day Targets summary Group P&L and excluding Argentina Foreign currency risk Detail by global business, region and country Reconciliation of underlying results to statutory results Glossary

33 Group P&L and excluding Argentina ex. Argentina Note: underlying P&L. P&L Current Constant Current Constant € million 2024 2023 % % % % NII 46,668 43,261 8 10 6 7 Net fee income 13,010 12,057 8 11 6 9 Other income 2,533 2,329 9 12 17 19 Total revenue 62,211 57,647 8 10 6 8 Operating expenses -26,034 -25,425 2 4 1 3 Net operating income 36,177 32,222 12 15 10 13 LLPs -12,333 -12,458 -1 2 -2 1 Other results -4,817 -3,066 57 59 51 53 Attributable profit 12,574 11,076 14 15 11 13

34 Appendix Investor Day Targets summary Group P&L and excluding Argentina Foreign currency risk Detail by global business, region and country Reconciliation of underlying results to statutory results Glossary

35 Foreign currency risk EUR million Currency 1% appreciation 1% depreciation 1% appreciation 1% depreciation US dollar -3.9 4.0 -168.4 171.8 Pound sterling -4.4 4.5 -96.5 98.4 Brazilian real -4.3 4.3 -144.1 147.0 Mexican peso -0.5 0.5 -33.9 34.6 Chilean peso -2.1 2.2 -15.3 15.6 Polish zloty -0.4 0.4 -25.1 25.6 Argentine peso -6.6 6.7 -18.3 18.7 Effect on 2024 consolidated profit Effect on 2024 consolidated equity • The following table shows the sensitivity of the consolidated income statement profit and consolidated equity to percentage changes of ± 1% (appreciation/depreciation) of the euro against the foreign exchange rate positions arising from investments in Grupo Sant