Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 208

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 208
---
14                         |     | Local government financing                                                                      |     |                                                   97.7 |     |                            — |     | —                                |     |                 — |     |    — |     |                                      — |
| 15                         |     | Housing financing                                                                               |     |                                                   94.4 |     |                            — |     | —                                |     |                 — |     |    — |     |                                      — |
| 16                         |     | Other local governments financing                                                               |     |                                                   98.1 |     |                            — |     | —                                |     |                 — |     |    — |     |                                      — |
| 17                         |     | Collateral obtained by taking possession: residential and commercial immovable properties       |     |                                                      — |     |                            — |     | —                                |     |                 — |     |    — |     |                                      — |

294 2024 Pillar 3 Disclosures Report

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

#### 10.10. Other climate change mitigating actions
The purpose of this template is to report all exposures to customers that are designed to facilitate climate change adaptation and mitigation objectives and are not reported in the GAR templates.

The financial instruments included in this template, loans and bonds, contribute to the mitigation of transition and physical risks arising from climate change. The definition of these terms is in line with Article 18a of EBA/ITS/2022/01. Based on the nature and characteristics of the assets included in this template and the availability of current information, these exposures have been considered to contribute to the mitigation of transition risks and a subset of them to the mitigation of physical risks.

Therefore, the following activities have been included in the lending section for financial corporations, non-financial corporations, households and other counterparties:

• Activities that support counterparties in the process of transition and adaptation to climate change, even if they are not assessed or fully aligned with the EU taxonomy, but are considered green under other frameworks such as the SFICS.

• We classified exposures according to the currently valid Sustainable Finance & Investment Classification System (SFICS), our internal guidelines which include criteria for considering whether an asset is green, social or sustainable across the Group's units and businesses. More information on the SFICS can be found in the 2024 annual report.

• Activities that contribute to the objectives of mitigating and adapting