Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 769

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 769
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529,459shares of the Bank's issued share capital ( 0.10%). The effect on equity, net of tax, arising from the purchase and sale of Bank shares is of EUR 8million profit in 2024 (EUR 13million and EUR 7million profit in 2023 and 2022, respectively).

Annual report 2024 705

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

35. Memorandum items

Memorandum items relates to balances representing rights, obligations and other legal situations that in the future may have an impact on net assets, as well as any other balances needed to reflect all transactions performed by the consolidated entities although they may not impinge on their net assets.

a) Guarantees and contingent commitments granted

Contingent liabilities includes all transactions under which an entity guarantees the obligations of a third party and which result from financial guarantees granted by the entity or from other types of contracts. The detail is as follows:

|                              |     | 2024 |         |     | 2023 |         |     | 2022 |         |
| Loans commitment granted     |     |      | 302,861 |     |      | 279,589 |     |      | 274,075 |
| Of which impaired            |     |      |     511 |     |      |     406 |     |      |     653 |
| Financial guarantees granted |     |      |  16,901 |     |      |  15,435 |     |      |  12,856 |
| Of which impaired            |     |      |     217 |     |      |     578 |     |      |     521 |
| Financial guarantees         |     |      |  16,887 |     |      |  15,400 |     |      |  12,813 |
| Credit derivatives sold      |     |      |      14 |     |      |      35 |     |      |      43 |
| Other commitments granted    |     |      | 134,493 |     |      | 113,273 |     |      |  92,672 |
| Of which impaired            |     |      |     793 |     |      |     542 |     |      |     608 |
| Technical guarantees         |     |      |  61