Company: BCDRF
Filing Date: 2025-06-03
Form Type: 6-K
Source: 0000950103-25-006866
Chunk: 2

Company: Banco Santander, S.A.
Filing Date: 2025-06-03
Form: 6-K
Chunk 2
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 corporate resolutions on the
Capital Reduction and amendment of the Bank’s By-laws will be granted and subsequently registered with the Commercial Registry of
Santander. In addition, the delisting of the 267,166,950 cancelled shares from the Spanish and foreign stock exchanges or stock markets
on which the Bank’s shares are listed, and the cancellation of the book-entry records of the cancelled shares before the competent
bodies will both be requested.

Accumulated share capital reduction
resulting from the buyback programmes

After the completion of the Buy-back
Programme, which entails a share capital reduction of the Bank’s share capital by approximately 1.76%, once the eight buyback programmes
carried out against results since 2021 have been completed, the accumulated share capital reduction amounts to EUR 1,227,657,965,
with the Bank having repurchased 2,455,315,930 shares since November 2021, approximately 14.16% of its outstanding shares as of that
date.

Last transactions executed under
the Programme

Moreover, pursuant to article 5 of Regulation
(EU) no. 596/2014 on Market Abuse of 16 April 2014, and articles 2.2 and 2.3 of Commission Delegated Regulation (EU) 2016/1052, of 8 March
2016, the Bank informs, that it has carried out the following transactions over its own shares between 29 May and 2 June 2025 (both
inclusive):

| Date       | Security | Transaction | Trading venue | Number of shares | Weighted average 
        price (€) |
| 29/05/2025 | SAN      | Purchase    | XMAD          |          697,271 |           7.0674 |
| 29/05/2025 | SAN      | Purchase    | CEUX          |           60,462 |           7.0687 |
| 29/05/2025 | SAN      | Purchase    | TQEX          |           14,892 |           7.0679 |
| 29/05/2025 | SAN      | Purchase    | AQEU          |           27,375 |           7.0749 |
| 30/05/2025 | SAN      | Purchase    | XMAD          |        1,025,561 |           7.0620 |
| 30/05/2025