Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000132
Chunk: 59

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 59
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 +446 |
| Detailed financial information in appendix. |     |       |       |     |     |       |     |          |     |        |       |     |      |       |     |          |

| January - September2025 |     | 43 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |

PagoNxt Business performance In 9M 2025, the total number of transactions in Getnet reached 7.8 billion, 8% higher year-on-year, mainly boosted by growth in Mexico, Chile and Europe. The total payments volume (TPV) was EUR 174 billion, 15% higher than in 9M 2024 in constant euros. In PagoNxt Payments, A2A payments activity on our global Payments Hub platform continued ramping up. The migration of transactions from legacy systems to our new global platform is accelerating faster than planned, driven by the ongoing migration of Pix transactions in Brazil.

| PagoNxt. Activity                         |
| TPV (Getnet)                              |
| EUR billion and changes in constant euros |

| +15% |

Results In 9M 2025 , attributable profit reached EUR 35 million, compared to a EUR 326 million loss in the same period of 2024 (EUR 83 million loss if we exclude the charges related to the discontinuation of our merchant platform in Germany and Superdigital in Latin America). In constant euros: • Total income rose 18% year-on-year, with double-digit growth in net interest income and net fee income, driven by higher activity. All three business lines recorded double-digit growth in total income, of note, Getnet in Mexico, Brazil and Chile. • Costs were flat, due to the savings generated from the use of our platforms. EBITDA margin increased to 31.6% (22.7% in 9M 2024). Compared to previous quarter , attributable profit rose to EUR 19 million from EUR 11 million in Q2 2025, +69% in constant euros, driven by cost savings generated from the use of our platforms and the recovery of gains on financial transactions from very low levels in Q2 2025.

| PagoNxt. Underlying income statement        |     |       |     |      |       |     |          |     |       |     |       |