Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000134
Chunk: 18

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 18
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 ONE Transformation Solid balance sheet, with robust credit quality and organic capital build Higher profitability and double-digit shareholder value creation driven by capital productivity and disciplined capital allocation 9M’25 ✓ ✓ ✓ ✓ ✓ ✓ ✓ in constant euros, YoY in euros, YoY €46.3bn -1% +8% 1.13% 13.1% 16.1% +0.7pp +15%

27 Index 9M'25 Highlights Progress on our strategy 1 Group review 2 Final remarks 3 Appendix 4

28 Appendix 2025 Investor Day targets summary Group P&L QoQ and excluding Argentina CET1 performance YTD Detail by global business and country Reconciliation of underlying results to statutory results Glossary and additional notes

29 TNAVps+DPS (Growth YoY) ONE Transformation is driving double-digit growth in value creation New 2025 targets Double-digit growth average through-the-cycle (1) Our current ordinary shareholder remuneration policy is to distribute c.50% of Group reported profit (excluding non-cash, non-capital ratios impact items), distributed approximately 50% in cash dividend and 50% in share buybacks. Execution of the shareholder remuneration policy is subject to future corporate and regulatory decisions and approvals. (2) Those customers who meet transactional threshold in the past 90 days. (3) Total transactions annual growth include merchant payments, cards and electronic A2A payments. Target c.+8% CAGR 2022-25. (4) 2022-2024 ratios on a fully-loaded basis (as published in the Q4 2024 Financial Report), excluding the transitory treatment of IFRS 9 and the CRR. Sep-25 ratio on phased-in basis, calculated in accordance with the transitory treatment of the CRR. (5) Green finance raised & facilitated (€bn): since 2019. Financial inclusion (

# People, mn): since 2023. Targets were set in 2019 and 2021, before the publication of the European taxonomy in Q2 2023. Therefore, target definitions are not fully aligned with the taxonomy. For further information, see the 'Alternative performance measures' section of the Quarterly Financial Report. 2022 2023 2024 9M'25 2025 ID targets RoTE post-AT1 (%) - - 15.5 16.1 - RoTE pre-AT1 (%) 13.4