Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 364

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 364
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 the same manner described under 6.3.D) in respect of Ana Botín, with a pension scheme of 22% of their pensionable bases, the elimination of supplementary benefits, an increase of the insured sum of life insurance and a supplement to fixed remuneration in cash which is included under "Other remuneration". The following table shows the amounts of short term remuneration (immediately payable) and deferred remuneration (not linked to multi year targets) for senior management as of 31 December 2024 and 2023, excluding those of executive directors. This amount has been reduced by 39% compared to that reported in 2014 (EUR 80,792 thousand):

| EUR thousand |     |                  |    |    |                                             |        |     |                                                                    |        |     |                                                      |       |     |                       |       |     |                     |       |     |       |        |
|              |     |                  |    |    | Short-term and deferred salary remuneration |        |     |                                                                    |        |     |                                                      |       |     |                       |       |     |                     |       |     |       |        |
| Year         |     | Number of people |    |    | Fixed                                       |        |     | Immediately receivable variable remuneration (50% in instruments)A |        |     | Deferred variable remuneration (50% in instruments)B |       |     | Pension contributions |       |     | Other remunerationC |       |     | Total |        |
| 2024         |     |                  | 14 |    |                                             | 16,466 |     |                                                                    | 14,753 |     |                                                      | 6,639 |     |                       | 4,520 |     |                     | 7,153 |     |       | 49,531 |
| 2023         |     |                  |    | 14 |                                             | 17,109 |     |                                                                    | 14,711 |     |                                                      | 6,439 |     |                       | 4,775 |     |                     | 7,135 |     |       | 50,169 |

A. The amount immediately payable in 2024 was 1,612 thousand Santander shares (1,568 thousand Santander shares and 1,386 thousand Santander share options in 2023).

B. The deferred amount for 2024 will be 725 thousand Santander