Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 875

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 875
---
2024 858

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

#### Appendix III
| Issuing subsidiaries of shares and preference shares |     |                |     |                                        |        |   |          |        |   |                 |
|                                                      |     |                |     | % of ownership held by Banco Santander |        |   |          |        |   |                 |
| Company                                              |     | Location       |     | Direct                                 |        |   | Indirect |        |   | Activity        |
| Emisora Santander España, S.A. Unipersonal           |     | Spain          |     |                                        | 100.00 | % |          |   0.00 | % | Finance company |
| Santander Global Issuances B.V. (a)                  |     | Netherlands    |     |                                        | 100.00 | % |          |   0.00 | % | Finance company |
| Santander UK (Structured Solutions) Limited          |     | United Kingdom |     |                                        |   0.00 | % |          | 100.00 | % | Finance company |
| Sovereign Real Estate Investment Trust               |     | United States  |     |                                        |   0.00 | % |          | 100.00 | % | Finance company |

a. Company with tax residence in Spain.

Annual report 2024 859

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

Appendix IV

Notifications of acquisitions and disposals of investments in 2024

(Art. 155 of the Corporate Enterprises Act and Art. 105 of the Securities Market Law).

Details of the notifications of acquisitions and disposals of participations for 2024 in accordance with Article 105 of the Securities Market Law may be found below:

On September 24, 2024, Banco Santander, S.A. disclosed to the CNMV the increase of its stake in SACYR, S.A. exceeding the 3% threshold, keeping a stake of 3.078% as of September 18, 2024.

On October 18, 2024, Banco Santander, S.A. disclosed to the CNMV the decrease of its stake in SACYR, S.A. below the 3% threshold, keeping