Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000138
Chunk: 24

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 24
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 grouping together items of a similar nature:

|                                                        |     | EUR million |       |     |            |       |
|                                                        |     | 30-09-2025  |       |     | 31-12-2024 |       |
| Provisions for taxes                                   |     |             |   798 |     |            |   727 |
| Provisions for employment-related proceedings (Brazil) |     |             |   593 |     |            |   458 |
| Provisions for other legal proceedings                 |     |             | 1,395 |     |            | 1,532 |
| Provision for customer remediation                     |     |             |   590 |     |            | 1,001 |
| Provision for restructuring                            |     |             |   429 |     |            |   589 |
| Other                                                  |     |             |   705 |     |            |   744 |
|                                                        |     |             | 4,510 |     |            | 5,051 |

| 28 |     | January - September 2025 |

Relevant information is set forth below in relation to each type of provision shown in the preceding table:

The provisions for taxes include provisions for tax-related proceedings.

The provisions for employment-related proceedings (Brazil) relate to claims filed by trade unions, associations, the prosecutor’s office and ex-employees claiming employment rights to which, in their view, they are entitled, particularly the payment of overtime and other employment rights, including litigation concerning retirement benefits. The number and nature of these proceedings, which are common for banks in Brazil, justify the classification of these provisions in a separate category or as a separate type from the rest. The Group calculates the provisions associated with these claims in accordance with past experience of payments made in relation to claims for similar items. When claims do not fall within these categories, a case-by-case assessment is performed and the amount of the provision is calculated in accordance with the status of each proceeding and the risk assessment carried out by the legal advisers.

The provisions for other legal proceedings include provisions for court, arbitration or administrative proceedings (other than those included in other categories or types of provisions disclosed separately) brought against Grupo Santander companies.

The provisions for customer remediation include mainly the estimated cost of payments to remedy errors relating to the sale of certain products in the UK, as well as the estimated amount related to the floor clauses of Banco Popular Español, S.A.U. To calculate the provision for customer