Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 78

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 78
---
 - non-SMEs - Secured by immovable property collateral |     |                             |     |  45,643 |             |     |  45,643 |
| 9.3                                                                                            |     | of which Retail - Qualifying revolving                                |     |                             |     |   4,630 |             |     |   4,630 |
| 9.4                                                                                            |     | of which Retail - SMEs - Other                                        |     |                             |     |   8,024 |             |     |   8,024 |
| 9.5                                                                                            |     | of which Retail - Non-SMEs- Other                                     |     |                             |     |  19,241 |             |     |  19,241 |
| 10                                                                                             |     | Total                                                                 |     |                             |     | 202,875 |             |     | 202,654 |
|                                                                                                |     | Does not include CCPs                                                 |     |                             |     |         |             |     |         |

In the calculation of regulatory capital for exposures under the AIRB approach, the effects of credit risk mitigation of hedges are recognised through the credit risk parameters, depending on the technique to be used depending on the type of collateral involved, real or personal. This mitigation process will be carried out provided that the collateral has been tested for validity and is considered eligible for application.

In relation to personal guarantees, the substitution method is applied so that, for the exposure covered by the personal guarantee, the PD and LGD of the holder are substituted for those of the guarantor, provided that the resulting risk-weighted assets and the expected loss are lower than those estimated with the PD and LGD of the holder. Similarly, if the guarantor belongs to a standardised portfolio, the risk-weighted assets are directly substituted for those of the guarantor calculated under the standardized approach.

In relation to collateral, in general, its effect is reflected in the final value of the estimated LGD. For this purpose, potentially significant factors such as the type of collateral, the type of product or, in the case of mortgage collateral, the LTV. This will be done provided that the warranties have been checked for validity and are deemed to be enforceable.

130 2024 Pillar 3 Disclosures Report

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

| Table 52.CR