Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000136
Chunk: 9

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 9
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 Covered Bond issuances in order to maintain liquidity metrics at desired levels. 2 € bn, Sep-25

13 TLAC/MREL for the Resolution Group headed by Banco Santander, S.A. 31.9% 12.8% 4.1% 2.8% 2.7% 38.9% 15.4% % RWAs % LE 18.0% 6.8% 4.1% 3.9% 1.3% 26.0% 8.1% % RWAs % LE % and € bn, Sep-25(e) Req. 36.0% SNP T2 CET1 Senior AT1 Sub debt %, Sep-25(e) Req. 22.1% Distance to M-MDA €12.1bn 392bps €13.1bn 132bps €12.0bn 285bps €28.5bn 268bps 84.3 10.2 11.5 0.7 32.9 24.6 164.3 MREL instruments 1 1 1 1 2 Requirement CBR Buffer TLAC MREL Requirement CBR Buffer (1) TLAC RWAs are €309bn and leverage exposure (LE) is €995bn. MREL RWAs are €423bn and leverage exposure is €1,065bn. (2) MREL Requirement based on RWAs from Jun-25: 31.92% + Combined Buffer Requirement (CBR).

14 Well-funded, diversified, prudent and highly liquid balance sheet (large % contribution from customer deposits), reflected in solid liquidity ratios € bn, Sep-25 Net Stable Funding Ratio (NSFR) Sep-25 Jun-25 Jun-25 Spain 2 150% 154% 123% UK 2 165% 159% 136% Portugal 138% 138% 123% Poland 211% 202% 155% SCF 383% 278% 117% US 184% 162% 121% Mexico 179% 154% 125% Brazil 163% 155% 115% Chile 158% 171% 109% Argentina 156% 229% 154% Group 160% 159% 126% 1 Liquidity Coverage Ratio (LCR) ST Funding Securitizations and others Loans and advances to customers Fixed assets & other Customer deposits