Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000035
Chunk: 9

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 9
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2024 1.1 6.3 2014 2024 48 77 2014 2024 5.8 12.6 2014 2024 117 173 2014 2024 Profit (€bn) Customers (mn) RWA with RoRWA > CoE 3x Capital discipline Profitability Shareholder remuneration Efficiency ratio RoTE Cash dividends & Buybacks1 (€bn) EPS (€ cents) -5pp +5pp 6x 2x

15Note: target payout defined as c.50% of Group reported profit (excluding non-cash, non-capital ratios impact items), distributed approximately 50% in cash dividend and 50% in share buybacks. Execution of the shareholder remuneration policy is subject to future corporate and regulatory decisions and approvals. We enter the last year of our third strategic cycle well ahead in all our key Investor Day targets for 2025 RoTE Profitability FL CET1 Strength RWAs with RoRWA > CoE Disciplined capital allocation Payout 50% Shareholder remuneration >12% c.85% 15-17% 2024 vs. ID targets for 2025 Cash dividend + SBB 50% annually 87%TNAVps + DPS Double-digit growth average through-the-cycle 12.8% 16.3% +14%

16 Index 1 FY'24 Highlights Progress on our strategy Group review 2 Final remarks 3 Appendix 4

17 Revenue up 10% YoY, above our target, underpinned by customer activity across businesses Note: data and YoY % changes in constant euros. Total revenue 62,211 -237 56,614 +3,217 +697 +997 +489 +434 2023 Retail Consumer CIB Wealth Payments CC 2024 13,854 14,039 14,516 14,205 15,036 15,432 15,405 16,338 Q1'23 Q2 Q3 Q4 Q1'24 Q2 Q3 Q4 +10%+15% Constant €mn YoY growth +11% +6% +14% +15% +9%

18 10,157 10,580 10,992 10,878 11,727 11,301 11,425 12,215 Q1'23 Q2 Q3 Q4 Q1'24 Q2