Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 240

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 240
---
                                                   |     | EUR 750 million   |     | 4.125% for the first 7 years              |     |                        352,278,064 |     |                                               |
| 21/09/2021                                                   |     | EUR 1,000 million |     | 3.625% for the first 8 years              |     |                        498,007,968 |     |                                               |
| 16/11/2023                                                   |     | USD 1,150 million |     | 9.625% for the first 5 years and 6 months |     |                        447,470,817 |     |                                               |
| 16/11/2023                                                   |     | USD 1,350 million |     | 9.625% for the first 10 years             |     |                        525,291,828 |     |                                               |
| 20/05/2024                                                   |     | EUR 1,500 million |     | 7% for the first 6 years                  |     |                        501,672,240 |     |                                               |
| 01/08/2024                                                   |     | USD 1,500 million |     | 8% for the first 10 years                 |     |                        461,964,890 |     |                                               |

A. The figure corresponds to the maximum number of shares that could be required to cover the conversion of these CCPS, calculated as the quotient (rounded off by default) of the nominal amount of the CCPS issue divided by the minimum conversion price determined for each CCPS (subject to any antidilution adjustments and the resulting conversion ratio).

#### 2.3 Significant shareholders
As at 31 December 2024, no Banco Santander shareholder individually held over 3% of the voting rights (the minimum threshold provided under Spanish law to issue a mandatory notification of a significant holding in a listed company). Though the following shareholding held by an asset manager was registered with the CNMV as at 31 December 2024, its related notification states that the shares and financial instruments to which voting rights the notification refers are being held on behalf of third parties (funds or other investment entities or the portfolios they manage) and that none of them exceeds 3% of the voting rights that Banco Santander shares afford.

| Significant shareholding as at 31 December 2024                         |     |                  |     |                  |
| Date of entry in CNMV