Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 243

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 243
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ander to also act, in practice, as a holding entity of the shares of the various companies in its Group, and its results are becoming progressively less representative of the performance and earnings of the Group.

At the international level, the various banks and other subsidiaries, joint ventures and associates of the Group are integrated in a corporate structure comprising various holding companies which are the ultimate shareholders of the banks and subsidiaries abroad. The purpose of this structure, all of which is controlled Banco Santander, is to optimise the international organisation from the strategic, economic, financial and tax standpoints, since it makes it possible to define the most appropriate units to be entrusted with acquiring, selling or holding stakes in other international entities, the most appropriate financing method for these transactions and the most appropriate means of remitting the profits obtained by the group’s various operating units to Spain.

Large subsidiaries within EU (according to CRR definition):

#### Santander Totta SGPS, S.A.
Santander Totta SGPS, S.A. is almost fully owned by Banco Santander S.A. and is the parent company for Santander Totta sub-group. On individual basis, it is a holding company that has asset participations on other entities, being the most significant one, Banco Santander Totta, S.A., the operating company of Santander Totta’s sub-group.

Santander Totta’s main business is retail banking, taking deposits and granting credits to customers. The retail banking network originates most of Santander Totta’s business

Santander Totta SGPS, S.A. is currently regulated by the ECB on consolidated basis.

#### Santander Bank Polska, S.A.
Santander Bank Polska S.A. is a universal bank which provides a full range of services for personal customers, SMEs, large companies, corporates and public sector institutions.

The Bank is a parent entity of Santander Bank Polska Group and forms a domestic bank holding group as defined in the Polish Banking Law Act together with its related entities, including Santander Consumer Bank S.A. (a domestic subsidiary bank). It is also registered as a foreign bank holding group with Spain-based Banco Santander S.A. as the ultimate parent entity.

Banco Santander S.A. remains a long-term majority shareholder in the company. As of 31 December 2024, Banco

Santander S.A. held a controlling stake of 62.20% in the registered capital of Santander Bank Polska S.A.

#### Santander Germany
Santander