Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 309

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 309
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| James Whitehurst              |     | Senior Advisor at IBM and former CEO of Red Hat                                                                                                                      |     |                                                                                                                            |
| George Kurtz                  |     | CEO and co-founder of CrowdStrike. Former Chief Technology Officer of McAfee                                                                                         |     |                                                                                                                            |
| Nadia Schadlow                |     | Former Deputy National Security Advisor for Strategy and former Assistant to the President of the United States                                                      |     |                                                                                                                            |
| Andreas Dombret               |     | Former board member of Deutsche Bundesbank, of Supervisory Board of the ECB and of Bank International Settlements and former Vice Chair of Bank of America in Europe |     |                                                                                                                            |
| Carolyn Everson               |     | Director at The Coca-Cola Company and The Walt Disney Company. Former chair of Instacart and former vice-president of Global Business Group at Facebook (Meta)       |     |                                                                                                                            |
| Juan Ignacio Gallardo Thurlow |     | Chair of Organización Cultiba, Grupo Azucarero México and Grupo GEPP (PepsiCo bottling company in Mexico)                                                            |     |                                                                                                                            |
| Secretary                     |     | Jaime Pérez Renovales                                                                                                                                                |     |                                                                                                                            |

Functions Since 2016, Banco Santander’s international advisory board has provided the Group with expert insight into innovation, digital transformation, cybersecurity, new technologies, capital markets, corporate governance, branding, reputation, regulation and compliance. Its members are external and not members of the board. They are prominent and respected leaders who have extensive experience in the most relevant areas for the strategy of the Group, particularly in terms of innovation, digital transformation and the US and European markets.

Annual report 2024 302

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

Meetings

The international advisory board meets at least twice a year. In 2024, it met in May and October. It addressed key strategic topics for the near future within the overall context of our transformation agenda and our global-local organization with five global businesses. In particular, it covered specific topics such as the merits of the agile methodology and the implications of artificial intelligence in the financial sector, with a key focus on the Group's activity. In addition, the international advisory board analysed in depth the strategic importance of certain global businesses and geographies on a go-forward basis.

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