Company: BCDRF
Filing Date: 2025-04-04
Form Type: 6-K
Source: 0000950103-25-004378
Chunk: 3

Company: Banco Santander, S.A.
Filing Date: 2025-04-04
Form: 6-K
Chunk 3
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 2021. As a result, total shareholder remuneration
against 2024 results will be approximately €6.3 billion.

Shareholders are also voting to re-elect as directors
Ana Botín, executive chair; Héctor Grisi, chief executive officer; Glenn Hutchins, vice chair and lead independent director;
Luis Isasi, non-executive director, and Pamela Walkden, non-executive director (independent). They are also voting on annual accounts,
remuneration and other matters.

| Corporate Communications                            
 Ciudad Grupo Santander, edificio Arrecife, planta 2 
 28660 Boadilla del Monte (Madrid)                   
 comunicacion@gruposantander.com                     
 www.santander.com - Twitter: @bancosantander        |

Important information

Non-IFRS Financial Indicators and Alternative Performance Measures

In addition to the financial information prepared
in accordance with the International Financial Reporting Standards (IFRS) and derived from our financial statements, this document includes
certain Alternative Performance Measures (APMs), as defined in the Guidelines on Alternative Performance Measures published by the European
Securities and Markets Authority (ESMA) on October 5, 2015, as well as certain non-IFRS financial indicators. The financial measures contained
in this document that are considered APMs and non-IFRS financial indicators have been prepared based on the financial information of Grupo
Santander but are not defined or detailed within the applicable financial reporting framework and have not been audited or reviewed by
our auditors. We use these APMs and non-IFRS financial indicators to plan, monitor, and assess our performance. We believe that these
APMs and non-IFRS financial indicators are useful in enabling the management team and investors to compare operational performance across
periods. However, these APMs and non-IFRS financial indicators are considered supplementary information and are not intended to replace
IFRS measures. Furthermore, other companies, including some in our sector, may calculate such measures differently, which reduces their
usefulness for comparative purposes.

For further details on APMs and Non-IFRS Measures,
including their definition or a reconciliation between any applicable management indicators and the financial data presented in the consolidated
financial statements prepared under IFRS, please see the 2024 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission
(the SEC) on 28 February 2025 (https://www.s