Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000082
Chunk: 4

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 4
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, yield on loans and cost of deposits Efficiency ratio Asset quality Quarterly income statements Primary segments Secondary segments Glossary

6 Santander’s capital levels amply exceed minimum regulatory requirements 4.50% 12.86% 12-13% (operating range) 0.98% 2.50% 1.25% SyRB, 0.03% CCyB, 0.39% 1.83% 1.57% 1.50%2.44% 2.82% 2.40% 13.91% 17.24% >15% Regulatory Requirement 2025 Group ratios Mar-25 2025 target ratios CET1CCoB Pillar 1 AT1 G-SIB buffer2 T2 T2 AT1 Pillar 2 R Mar-25 +333bps +295bps 1 2 +321bps SREP CAPITAL REQUIREMENTS AND MDA* • CET1 ratio of 12.9%, at the top end of our 12-13% operating range for 2025 • The minimum CET1 to be maintained by the Group is 9.65% • As of Mar-25, the distance to the MDA is 295bps3 and the CET1 management buffer is 321bps • Our current estimate for the fully- loaded CET1 ratio is comfortably above our >12% Investor Day target for 2025 year end * Phased-in ratios are calculated in accordance with the transitory treatment of the CRR. (1) Estimated countercyclical buffer as of Mar-25. (2) Estimated systemic risk buffer as of Mar-25. (3) MDA trigger = 3.21% - 0.26% = 2.95% (26bps of AT1 shortfall is covered with CET1). Santander Parent Bank has €72.8bn in Available Distributable Items, c.110 times the full Parent AT1 budgeted for 2025.

7 Diversified bond portfolio represents just 8% of total assets %, Mar-25 Spain 31% Poland 13% UK 7% Portugal 5% SCF 5% Mexico 10% US 10% Brazil 9% Chile 6% Rest of the Group 3% €152bn o/w HTC €96bn (63%) ALCO IRRBB €116bn Liquidity portfolio €35bn BOND PORTFOLIO • Bond portfolio represents 8