Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000138
Chunk: 14

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 14
---
 request had not been resolved. As a result, in June and in September the tax payment of EUR 392 million corresponding to the 2024 margins was made, and the corresponding asset was recorded under 'Financial assets at amortised cost - loans and advances to customers'.

The accrued tax at 30 September 2025 for 2025 interest and commission margins is recognised in the tax expense line of the income statement for an amount of EUR 263 million.

#### i) Events after the reporting period
From 1 October to the date of authorization of these interim financial statements for the first nine months of 2025, no significant events other than those indicated therein have occurred.

| 14 |     | January - September 2025 |

#### 2. Grupo Santander
Appendices I, II and III to the consolidated annual accounts for the year ended 31 December 2024 provide relevant information on Grupo Santander companies at that date and on the companies accounted for under the equity method.

Also, Note 3 to the aforementioned consolidated annual accounts includes a description of the most significant acquisitions and disposals of companies performed by Grupo Santander in 2024, 2023 and 2022.

The most significant transactions carried out during the first nine months of 2025 or pending execution at 30 September 2025 is described below:

#### Agreement for the sale of the stake in Caceis
On 19 December 2024, Grupo Santander signed an agreement with Crédit Agricole S.A. for the sale of its 30.5% stake in the share capital of CACEIS. As a result of the above, as of 31 December 2024, this participation was reclassified, at its carrying value, from the line item 'investments' to the line item 'Non-current assets held for sale' in the balance sheet (see Note 6). The transaction was formalized after obtaining the relevant regulatory approvals, generating a profit before taxes of EUR 231 million registered in the line item 'Gains or losses on non-current assets held for sale not classified as discontinued operations' of the income statement. Following the completion of the planned transaction, Crédit Agricole S.A. holds the 100% of CACEIS’s share capital.

The joint depositary, custody and related asset servicing services of Santander and CACEIS in Latin America is not included in the scope of the transaction and continues to be jointly controlled by Santander and CACEIS.

Agreement