Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 97

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 97
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• Santander always retains a minimum of 5% of the net economic interest.

• Santander meets all the due diligence requirements, making available to investors all the information needed to ensure the risks of the investment are fully known before purchase and to enable regular monitoring of the performance of the investment. This information includes

details of the risk criteria applied to the securitised exposures, which in all cases are the same as for the non-securitised exposures in the originator's balance sheet.

Investment positions in securitisations:

• The Group performs due diligence to ensure that the investment risks are understood before purchase and to be able to monitor the performance of the investment on a regular basis.

• The Group verifies that the originators of the securitisations in which it invests retain a 5% net economic int erest.

| The positions in securitizations with risk transfer and in investment and sponsoring positions in the banking book are presented below on the basis of the approach used to calculate regulatory capital: |     |              |     |         |              |     |     |     |     |         |            |     |        |      |     |        |              |     |        |              |     |     |     |     |        |            |     |        |      |     |        |
| Table 68.Breakdown of repurchased positions in SSPEs with risk transfer, distributed by function and approach used                                                                                        |     |              |     |         |              |     |     |     |     |         |            |     |        |      |     |        |              |     |        |              |     |     |     |     |        |            |     |        |      |     |        |
| EUR million                                                                                                                                                                                               |     |              |     |         |              |     |     |     |     |         |            |     |        |      |     |        |              |     |        |              |     |     |     |     |        |            |     |        |      |     |        |
|                                                                                                                                                                                                           |     |              |     |         |              |     |     |     |     |         |            |     |        |      |     |   2024 |              |     |        |              |     |     |     |     |        |            |     |        |      |     |   2023 |
|                                                                                                                                                                                                           |     | On-balance   
 sheet amount