Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 197

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 197
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 - U)                                     |     |    |   |     |  63,083 |     |  7,318 |     |  3,001 |     |  5,803 |     | 3.3 |
| 56 |     | TOTAL                                                                                |     |  8 | % |     | 274,356 |     | 33,945 |     | 15,291 |     | 14,920 |     | 3.2 |

2024 Pillar 3 Disclosures Report 271

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

#### 10.5 Energy efficiency of the collateral
The purpose of this template is to measure the energy efficiency of the loans collateralized with commercial and residential immovable property and of repossessed real estate collaterals, in terms of their consumption as expressed in kWh/m2 and/or their energy performance certificates (EPCs).

ESG disclosure in Pillar 3 follows the implementing technical standards on prudential disclosures on ESG risks defined by the EBA for this purpose. Therefore, the ESG information disclosed in this template of Pillar 3 is not necessarily aligned with other Group’s ESG management reports.

With the aim of promoting the energy efficiency of buildings, the Energy Performance of Buildings Directive (2010/31/EU) and the Energy Efficiency Directive (2012/27/EU) introduced EPCs in Europe. Following their entry into force, these certificates are compulsory for the sale and rent of immovable property in the Eurozone.

However, when analysing the information provided, the following should be considered:

• Transactions (sales/renting) prior to the date of entry into force of the directive were not subject to the obligation of providing an EPC.

• The directive is applicable across the European Union and, as such, does not cover all jurisdictions where Santander operates.

• Even at the European Union level, as recognised by the European Banking Authority (EBA) in the Implementing Technical Standards on Prudential Disclosures on ESG risks, application of the Directive is not standardised.

• Depending on the legal provisions in each country, an EPC's obligation to carry out the transaction does not always imply that the financial institution involved in the transaction has access to such information.

Given that the directive is applicable in the European Union, the Group has worked to obtain EPC