Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000078
Chunk: 25

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 25
---
     |                           |     | 3,161 |     |     7.2 |     |     0.6 |                   |     |   1.14 |     |        -6 |     |        -1 |               |     |   2.99 |     |       -10 |     |        -5 |                        |     |   65.7 |     |     -0.4 |     |      0.9 |

1. Group LCR. See the 'Structural and liquidity risk' section of this chapter. Provisional data.

2. Changes in constant euros, unless otherwise indicated.

3. EUR million and % change in constant euros.

4. Provisions to cover losses due to impairment of loans in the last 12 months / average customer loans and advances of the last 12 months.

For more detailed information, please see the ' Alternative Performance Measures ' section.

| 20 |     | January- March2025 |

| Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |
|                       |     | Risk management             |     |                                  |     |                      |     |          |     |       |

• The NPL coverage ratio increased slightly compared to December 2024, reaching 66%, with loan-loss allowances of EUR 22,980 million. The coverage ratio remained at comfortable levels considering that 68% of the Group’s portfolio is backed by quality collateral. Regarding the IFRS 9 stages , the distribution of the portfolio was stable in the quarter in percentage terms.

| NPL coverage ratio by stage |     |           |     |       |        |     |       |        |     |       |     |              |      |   |        |      |   |        |      |   |
| EUR billion                 |     |           |     |       |        |     |       |        |     |       |     |              |      |   |        |      |   |        |      |   |
|                             |     | Exposure1 |     |       |        |     |       |        |     |       |     | NPL coverage |      |   |        |      |   |        |      |   |
|                             |     | Mar-25    |     |       | Dec-24 |     |       | Mar-24 |     |       |     | Mar