Company: BCDRF
Filing Date: 2025-01-02
Form Type: 6-K
Source: 0000891478-25-000002
Chunk: 23

Company: Banco Santander, S.A.
Filing Date: 2025-01-02
Form: 6-K
Chunk 23
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1,500 million at a term of 10 years and 3 months. The issue coupon was fixed at 5.75% per year for the first 5 years and 3 months, with an option to redeem in August 2028, revising the coupon, in the event of non-amortization, even a margin of 285 points more the 5-year Euro Swap rate.

| January - September 2024 |     | 25 |

#### c) Other issuances guaranteed by Grupo Santander
At 30 June 2024 and 2023, there were no debt instruments issued by associates or non-Group third parties (unrelated) that had been guaranteed by Banco Santander or any other Group entity.

d) Fair value of financial liabilities not measured at fair value

Following is a comparison between the value by which Grupo Santander’s financial liabilities are recorded that are measured using criteria other than fair value and their corresponding fair value at 30 September 2024 and 31 December 2023:

|                  |     | EUR million     |           |     |            |           |     |                 |           |     |            |           |
|                  |     | 30-09-2024      |           |     |            |           |     | 31-12-2023      |           |     |            |           |
|                  |     | Carrying amount |           |     | Fair value |           |     | Carrying amount |           |     | Fair value |           |
| Deposits         |     |                 | 1,103,563 |     |            | 1,102,592 |     |                 | 1,125,308 |     |            | 1,124,373 |
| Debt instruments |     |                 |   314,446 |     |            |   314,238 |     |                 |   303,208 |     |            |   298,792 |
| Liabilities      |     |                 | 1,418,009 |     |            | 1,416,830 |     |                 | 1,428,516 |     |            | 1,423,165 |

Additionally, other financial liabilities are accounted for EUR 41,769 million and EUR 40,187 million as of 30 September 2024 and 31 December 2023, respectively.

The main valuation methods and inputs used in the estimation of the fair value of the financial liabilities in