Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000105
Chunk: 5

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 5
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INED CAPITAL ALLOCATION c.85% SHAREHOLDER REMUNERATION Cash dividend + SBB 50% annually PROFITABILITY 50% c.16.5% At least €10bn Total SBB 2025-261 TNAVps + DPS Double-digit growth average through-the-cycle 13.0% 88% 16.0% +16%

6 Record H1 profit, with all global businesses contributing to our 2025 targets H1’25 att. profitQ2’25 att. profit Efficiency RoTE post-AT1 CoR CET1 TNAVps + Cash DPS Another record quarter resulting in double-digit H1 profit growth, with 8 million new customers YoY and high activity levels Strong operating performance and profitability on the back of ONE Transformation Solid balance sheet with robust credit quality and organic capital build Capital productivity and disciplined capital allocation driving profitability and double-digit shareholder value creation YoY 41.5% 1.14% 16.0% 13.0% +16% -7bps +0.9pp-0.1pp Note: YoY changes. In constant euros: Q2’25 attributable profit +13% and H1’25 attributable profit +18%. CET1 ratio on phased-in basis, i.e. in accordance with the transitory treatment of the CRR. YoY comparison based on published Jun-24 ratio (calculated on a fully-loaded basis). TNAVps + Cash DPS includes the €10.00 cent cash dividend per share paid in November 2024 and €11.00 cent cash per share paid in May 2025, executed as part of our shareholder remuneration policy. +13% €3.4bn +7% €6.8bn +0.5pp

7 Excellent business and commercial dynamics Strong revenue performance supporting net operating income and profit growth • Solid NII and record fees • Strong net operating income growth • CoR and RoTE improvement YoY Note: H1’25 ‘attributable profit' and 'underlying attributable profit’ were the same, as the ‘net capital gains and provisions’ line was zero since it includes two events that fall outside the ordinary course of our business, with equal value but opposite signs. For more information, see slide 53. All references to variations in constant euros across the presentation include Argentina in current euros to mitigate distortions from a hyperinflationary economy. For further information, see the ‘Alternative Performance Measures’ section of the Quarterly Financial Report