Company: BCDRF
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001193125-25-260533
Chunk: 176

Company: Banco Santander, S.A.
Filing Date: 2025-10-31
Form: 424B5
Chunk 176
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 in part only and, if in part only, the                                                                                                                           
 aggregate principal amount of the debt securities series which is to be redeemed, except in the case of “—Early Redemption for Taxation Reasons”, “—Early Redemption of Subordinated Debt Securities for a                            
 Capital Disqualification Event”, “—Early Redemption of Senior Debt Securities for a TLAC/MREL Disqualification Event” and “—Early redemption at the option of Banco Santander (Clean-up Redemption)”, which must be redeemed in full; |

| • |     | the due date for such redemption which shall be a Business Day, which shall be not less than five (5) days                                                                                                                                               
 nor more than 30 days (or such lesser period as may be specified in the relevant prospectus supplement) after the date on which such notice is validly given and which is, in the case of debt securities which bear interest at a floating rate, a date 
 upon which interest is payable; and                                                                                                                                                                                                                      |

| • |     | the Early Redemption Amount (Tax), Early Redemption Amount (TLAC/MREL Disqualification Event), Early Redemption                                                                                                   
 Amount (Capital Disqualification Event), Early Redemption Amount (Call), Early Redemption Amount (Put) or Early Redemption Amount (Clean-up Call), as applicable, at which the debt securities of such series are 
 to be redeemed.                                                                                                                                                                                                   |

Any such notice shall be irrevocable, and the delivery thereof shall oblige Banco Santander to make the redemption therein specified (unless the Bail-inPower is exercised by the Relevant Resolution Authority before the occurrence of such redemption). Repurchase of Debt Securities Banco Santander and any of its subsidiaries or any third party designated by any of them, may at any time repurchase debt securities in the open market or otherwise and at any price. In the case of subordinated debt securities, senior non preferred debt securities and senior preferred securities where the TLAC/MREL Disqualification Event has been specified of any series, the repurchase of the relevant securities of such series by Banco Santander or any of its subsidiaries shall take place in accordance with Applicable Banking Regulations in force at the relevant time, including the applicable limits referred to in CRR, and will be subject to the prior consent of the Regulator, if and as required. Modification and Waiver Modification Banco Santander and the Trustee may make certain modifications and amendments of the applicable indenture with respect to any series of debt securities without the consent of the holders of the debt securities of that series, including for, but