Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 387

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 387
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 Indicate the number of consecutive years during which the current audit firm has been auditing the financial statements of the company and/or its group. Likewise, indicate for how many years the current firm has been auditing the financial statements as a percentage of the total number of years over which the financial statements have been audited:

|                             |     | Individual financial statements |     |   | Consolidated financial statements |     |   |
| Number of consecutive years |     |                                 |     | 9 |                                   |     | 9 |

|                                                                                                                                     |     | Company |     |       | Group |     |       |
| Number of years audited by current audit firm/Number of years the company’s or its Group financial statements have been audited (%) |     |         |     | 20.93 |       |     | 21.43 |

C.1.35 Indicate and if applicable explain whether there are procedures for directors to receive the information they need in sufficient time to prepare for meetings of the governing bodies:

Yes þ No o

| Procedures                                                                                                                                                                                          |
| Our Rules and regulations of the board foresees that members of the board and committees are provided with the relevant documentation for each meeting sufficiently in advance of the meeting date. |

C.1.39 Identify, individually in the case of directors, and in the aggregate in all other cases, and provide detailed information on, agreements between the company and its directors, executives and employees that provide indemnification, guarantee or golden parachute clause in the event of resignation, unfair dismissal or termination as a result of a takeover bid or other type of transaction.

| Number of beneficiaries |     |                                                                                                                                                                                                                                                                                                                                                            25 |
| Type of beneficiary     |     |                                                                                                                                                                                                                                                                                                                                 Description of the agreement: |
| Employees               |     |                                                                                                                                                                                                                                                                                            The Bank has no commitments to provide severance pay to directors. 
                        A number of employees have a right to compensation equivalent to one to two years of their basic salary in the event of their contracts being terminated by the Bank in the first two years of their contract in the event of dismissal on grounds other than their own will, retirement, disability or serious dereliction of duties. 
 In addition, for the purposes of legal compensation, in the event of redundancy a number of employees are entitled to recognition of length of service including services provided prior to being contracted by the Bank; this would entitle them to higher compensation than they would be due based on their actual length of service with the Bank itself. |

Indicate whether these agreements