Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 703

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 703
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| Interest rate formula            |     |           |      |     |           |      |     |           |      |
| Fixed rate                       |     |   678,994 |      |     |   647,349 |      |     |   642,537 |      |
| Floating rate                    |     |   397,200 |      |     |   411,788 |      |     |   416,151 |      |
|                                  |     | 1,076,194 |      |     | 1,059,137 |      |     | 1,058,688 |      |

A. Includes, mainly, customers from the United Kingdom.

At 31 December 2024, 2023 and 2022 the Group had granted loans amounting to EUR 16,562million, EUR 15,544million and EUR 14,698million to Spanish public sector agencies which had a rating at 31 December 2024 of A (ratings of A at 31 December 2023 and 31 December 2022), and EUR 13,593million, EUR 11,530million, and EUR 12,467million to the public sector in other countries (at 31 December 2024, the breakdown of this amount by issuer rating was as follows: 3.5% AAA, 13.7% AA, 39.5% A, 31.1% BBB, 10.8% below BBB and 1.4% without rating). Without considering the public administrations, the amount of the loans and advances at 31 December 2024, 2023 and 2022 amounts to EUR 1,046,039million, EUR 1,032,063million and EUR 1,031,523million, of which, EUR 1,012,389million, EUR 998,010million and EUR 998,689million are classified as performing, respectively.

Annual report 2024 644

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

Following is a detail, by activity, of the loans to customers at 31 December 2024, net of impairment losses:

| EUR million                                                                                                        |     |           |       |     |         |            |               |         |            |     |         |            |     |                      |         |                           |     |         |                                 |