Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 27

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 27
---
 profitability-improvements.

• Portfolio management by identifying, prioritising and executing risk sharing and risk transfer across countries.

• Precise capital calculation identifying opportunities to optimise the numerator (CET1) and denominator (RWA), as well as greater industrialisation and standardisation of the Group's processes. In addition, the Group is working towards the overall optimisation of capital requirements (SREP framework, stress tests, MREL, TLAC).

• Existence of technological infrastructure and systems, capital tools and other optimisers are cross-cutting elements and factors that allow for proper capital management.

At 31 December 2024, the fully-loaded CET1 ratio (without applying the IFRS 9 or CRR transitional arrangements) stood at 12.76% and the phased-in CET1 ratio was 12.78%. Only applying the IFRS 9 transitional arrangements (CRR fully-loaded), the ratio remains at 12.78%. The following table shows the impact of the CRR transitional arrangements under a IFRS 9 phased-in scenario:

| Table 5 bis. Main capital figures and capital adequacy ratios (Phased-in IFRS 9 ). |     |                  |       |         |        |       |         |        |       |         |        |       |         |     |       |         |     |               |       |         |        |       |         |     |       |         |     |       |         |     |       |         |
| EUR million                                                                        |     |                  |       |         |        |       |         |        |       |         |        |       |         |     |       |         |     |               |       |         |        |       |         |     |       |         |     |       |         |     |       |         |
|                                                                                    |     | Fully-loaded CRR |       |         |        |       |         |        |       |         |        |       |         |     |       |         |     | Phased-in CRR |       |         |        |       |         |     |       |         |     |       |         |     |       |         |
|                                                                                    |     | Dec'24           |       |         | Sep'24 |       |         | Jun'24 |       |         | Mar'24 |       |         |     |       |  Dec'23 |     | Dec'24        |       |         | Sep'24 |       |