Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 59

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 59
---
08.01, r0030, c0260, s0010}. |     |      |     |         |      |     |         |                           |     |        |      |     |        |

| RWA variation |
| EUR million   |

| (3.04)% |

4.1. General aspects This section covers the CRA - General qualitative information about credit risk. It also complies with (d), (e), (f) and (g) of the OVA Requirement - Institution risk management approach. The credit risk management process involves identification, assessment, control and decision-making in relation to the credit risk incurred in the group's operations. It incorporates operational, customer and portfolio factors, together with a comprehensive view of the credit risk cycle. The business areas, risk areas and senior management are involved in the process. The Group's profile is mainly retail, with diversification of credit risk between mature and emerging markets.

74 2024 Pillar 3 Disclosures Report

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

#### 4.2. Capital requirements for credit risk
The following table shows the main changes in capital requirements for credit risk in the year:

| Table 21.Credit risk capital requirements movements                                                      |     |         |     |                      |
| EUR million                                                                                              |     |         |     |                      |
|                                                                                                          |     |    RWAs |     | Capital requirements |
| Starting amount (31/12/2023)                                                                             |     | 539,247 |     |               43,140 |
| Asset size                                                                                               |     | -17,322 |     |               -1,386 |
| Asset quality                                                                                            |     |  -2,584 |     |                 -207 |
| Model updates                                                                                            |     |   8,307 |     |                  665 |
| Methodology and policy                                                                                   |     |  14,308 |     |                1,145 |
| Acquisitions and disposals                                                                               |     |         |     |                    — |
| Foreign exchange movements                                                                               |     |  -8,897 |     |                 -712 |
| Other                                                                                                    |     |         |     |                    — |
| Ending amount (31/12/2024)                                                                               |     | 533,060 |     |               42,645 |
| Includes capital requirements from equity, securitizations