Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 1060

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 1060
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 which ADRs have been issued, Citibank, N.A. is the depositary and holder from time to time of ADRs. At 31 December 2024, we had outstanding a total of 592,570,881 ADRs of which 5,598,492 were held by 10,265 registered holders with Citibank, N.A. Since certain of such of our shares and our ADSs are held by nominees, the number of record holders is not representative of the number of beneficial owners. Our directors and executive

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| Contents |     | Cross-reference to Form 20-F |     | Consolidated director's report |     | Consolidated financial statements |     | Supplemental information |

officers owned 904,051 ADRs as of 31 December 2024, according to the information of the Spanish CNMV.

Our depositary is Citibank, N.A., with its principal office located at 388 Greenwich Street, New York, New York 10013, US.

Each ADS represents the right to receive one Common Stock of Santander, pay value EUR 0.50 each.

The following ADS fees are payable under the terms of the Deposit Agreement:

| Service                                                                                                                                                                                                                             |     | Rate                                                                                                                   |     | By Whom Paid                                                                        |
| (1) Issuance of ADSs (e.g., an issuance upon a deposit of Shares, upon a change in the ADS(s)-to-Share(s) ratio, or for any other reason), excluding issuances as a result of distributions described in paragraph (4) below.       |     | Up to USD 5.00 per 100 ADSs (or fraction thereof) issued.                                                              |     | Person for whom ADSs are issued.                                                    |
| (2) Cancellation of ADSs (e.g., a cancellation of ADSs for Delivery of deposited Shares, upon a change in the ADS(s)-to-Share(s) ratio, or for any other reason).                                                                   |     | Up to USD 5.00 per 100 ADSs (or fraction thereof) cancelled.                                                           |     | Person for whom ADSs are being cancelled.                                           |
| (3) Distribution of cash dividends or other cash distributions (e.g., upon a sale of rights and other entitlements).                                                                                                                |     | Up to USD 5.00 per 100 ADSs (or fraction thereof) held.                                                                |     | Person to whom the distribution is made.