Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 218

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 218
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 Universities programmes |     |           |      |     |         |
| people helped                                                |     |           | 2024 |     |    2023 |
| Higher education                                             |     |    34,062 |      |     |  28,849 |
| EmployabilityA                                               |     | 2,078,051 |      |     | 463,045 |
| EntrepreneurshipB                                            |     |    52,570 |      |     |   7,036 |
| TotalA                                                       |     | 2,164,683 |      |     | 498,930 |

A. The significant increase in the number of people helped in terms of employability owes to the global launch of short, direct access courses with unlimited places and a completion certificate.

B. In 2024, we began to disclose entrepreneur support programmes in the US through Santander Universities.

| 28.2 People helped through other local initiativesA,B |     |           |      |     |           |
|                                                       |     |           | 2024 |     |      2023 |
| Childhood education                                   |     |   357,549 |      |     |   600,649 |
| Social welfare                                        |     |   702,706 |      |     |   968,301 |
| Art and culture                                       |     |   672,539 |      |     |    69,772 |
| Others                                                |     | 1,146,566 |      |     |   530,764 |
| Total                                                 |     | 2,879,360 |      |     | 2,169,486 |

A. The nature and depth of initiatives is very diverse, both between them and comparing to initiatives of

Santander Universities.

B. The increase is due to a better identification of people helped in countries, as well as the inclusion of initiatives.

Annual report 2024 198

| Contents |     | Business model and strategy |     | Sustainability statement |     | Corporate governance |     | Economic and financial review |     | Riskmanagement and compliance |

SN 7.7Tax contribution

We pay taxes in the jurisdictions where we earn a profit. Thus, the profits obtained, and the taxes accrued and paid, correspond to the countries where we operate.

For every EUR 100 in total income, the Group pays EUR 36 in taxes, including EUR 18 in taxes paid directly by Santander and EUR 18 in taxes collected