Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000105
Chunk: 20

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 20
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 performance YTD Detail by global business and country Reconciliation of underlying results to statutory results Glossary and additional notes

34 13.0 -0.59 -0.20 -0.14 12.8 +1.08 +0.07 Dec-24 Att. Profit Capital distribution Net organic RWAs Regulatory & Models Markets & others Jun-25 CET1 YTD performance CET1 % 1 Note: Dec-24 ratio on a fully-loaded basis (as published in the Q4 2024 Financial Report), excluding the transitory treatment of IFRS 9 and the CRR. Jun-25 on a phased-in ratio is calculated in accordance with the transitory treatment of the CRR. Does not include any expected impacts from the inorganic transactions recently announced. Our current ordinary shareholder remuneration policy is to distribute approximately 50% of Group reported profit (excluding non-cash, non-capital ratios impact items), distributed approximately 50% in cash dividend and 50% in share buybacks. Execution of the shareholder remuneration policy is subject to future corporate and regulatory decisions and approvals. (1) Business RWA change net of risk transfer initiatives.

35 Appendix 2025 Investor Day targets summary Group P&L QoQ and excluding Argentina CET1 performance YTD Detail by global business and country Reconciliation of underlying results to statutory results Glossary and additional notes

36 Detail by global business

37 KEY DATA Retail & Commercial Banking Note: Jun-25 data and YoY changes (loans, deposits and mutual funds in constant euros). P&L HIGHLIGHTS Loans €599bn -1% Mutual funds €105bn +18% Efficiency 39.4% +0.2pp CoR 0.89% -13bps RoTE post-AT1 17.2% +0.2pp Deposits €643bn +3% Underlying P&L* Q2'25 % Q1'25 H1'25 % H1'24 % H1'24¹ NII 6,618 0.7 13,339 0.0 -4.7 Net fee income 1,187 0.5 2,397 7.6 0.3 Total revenue 7,816 1.2 15,710 1.6 -3.5 Operating expenses -3,075 1.2 -6,188 2.3 -3.1 Net operating income 4,740 1