Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 40

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 40
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 activated their SyRB in their jurisdictions and the Banco de España has activated the reciprocity of this measure at a consolidated level, which increases in 0.04% its requirements.

2024 Pillar 3 Disclosures Report 45

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

The geographic breakdown of relevant exposures for calculating the CCyB (table CCyB1) is available i n Appendix IX on Santander's website. The amount of institution-s pecific CCyB surcharged (table CCyB2) is available in table 12.

| Access the Pillar 3 2024 file available on Grupo Santander's web site |

|   |     | Table 12.CCyB2 - Amount of institution-specific countercyclical capital buffer |     |         |
|   |     |                                                                    EUR million |     |         |
|   |     |                                                                           2024 |     |         |
|   |     |                                                                                |     |       a |
| 1 |     |                                                     Total risk exposure amount |     | 624,503 |
| 2 |     |                       Institution specific countercyclical capital buffer rate |     |   0.39% |
| 3 |     |                Institution specific countercyclical capital buffer requirement |     |   2,422 |
|   |     |                                                    CRR Fully Phased-in IFRS 9. |     |         |

Global Systemically Important Institutions The Group is one of 29 entities designated as global systemically important banks (G-SIB) in 2024. Systemically important banks may pose a risk to financial stability. The insolvency or even the assumption of a systemically important bank becoming insolvent, could generate unpredictable negative effects for the financial system and the real economy. This situation warrants special prudential treatment. This has led to the introduction of a specific capital buffer requirement for both global (G-SIB) and domestic (D-SIB) systemically important banks. This designation requires Santander to meet additional requirements mainly relating to the following: • Its capital buffer (Santander is in the group of banks with the lowest capital buffer, 1.25%). • TLAC (total loss-absorbing capacity) requirements. • The requirement to publish relevant information more frequent than other banks. • Stricter regulatory requirements for internal control bodies. • Special supervision. • Requirements