Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 246

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 246
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 2024

As at 31 December 2024, Banco Santander and its subsidiaries held 15,529,459 shares, which accounted for 0.10% of Banco Santander's share capital (compared to 297,815,673 shares, accounting for 1.84% of the share capital as at 31 December 2023).

The chart below summarizes the monthly average proportion of treasury shares to share capital throughout 2023 and 2024.

Annual report 2024 244

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

| Monthly average of daily positions in treasury shares 
 % of Banco Santander’s share capital at month end     |     |      | 2024 |     |      | 2023 |
|:------------------------------------------------------|:----|-----:|:-----|:----|-----:|:-----|
| January                                               |     | 1.83 | %    |     | 1.75 | %    |
| February                                              |     | 0.13 | %    |     | 2.16 | %    |
| March                                                 |     | 0.54 | %    |     | 1.46 | %    |
| April                                                 |     | 0.98 | %    |     | 1.50 | %    |
| May                                                   |     | 1.49 | %    |     | 1.72 | %    |
| June                                                  |     | 1.54 | %    |     | 1.68 | %    |
| July                                                  |     | 0.02 | %    |     | 0.08 | %    |
| August                                                |     | 0.06 | %    |     | 0.08 | %    |
| September                                             |     | 0.45 | %    |     | 0.08 | %    |
| October                                               |     | 0.94 | %    |     | 0.64 | %    |
| November                                              |     | 1.60 | %    |     | 1.25 | %    |
| December                                              |     | 1.36 | %    |     | 1.56 | %    |

In 2024, Banco Santander and its subsidiaries' treasury share trades amounted to the following values:

|