Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000105
Chunk: 16

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 16
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 − Mexico’s CoR improved both YoY and QoQ • In Consumer, which represents c.35% of Group LLPs, CoR was 2.09%, better YoY and QoQ, mainly driven by significant improvements in underlying trends in the US DETAIL BY BUSINESS LLPs AND CREDIT QUALITY Constant € mn Jun-24 Mar-25 Jun-25 NPL ratio 3.02% 2.99% 2.91% Coverage ratio 66% 66% 67% Stage 1 €1,008bn €1,012bn €989bn Stage 2 €94bn €87bn €85bn Stage 3 €35bn €35bn €33bn OTHER CREDIT QUALITY METRICS 1.20% 1.21% 1.18% 1.15% 1.14% 1.14% +6% 2,893 2,930 2,931 3,084 3,105 3,073 Q1'24 Q2 Q3 Q4 Q1'25 Q2

23 13.0 -0.29 -0.06 -0.08 12.9 +0.54 +0.01 Mar-25 Att. Profit Capital distribution Net organic RWAs Regulatory & Models Markets & others Jun-25 Strong organic capital generation, with profitable front-book growth at 22% RoTE CET1 % Jun-25 or estimates Front book pricing RoRWA of new book Asset rotation and risk transfer activities RWAs mobilized vs. credit RWAs % RWAs with RoRWA > CoE CET1 PERFORMANCE AND CAPITAL PRODUCTIVITY MAXIMIZE CAPITAL PRODUCTIVITY 2.8% 20% 88% 1 Note: phased-in ratios are calculated in accordance with the transitory treatment of the CRR. Does not include any expected impacts from the recently announced inorganic transactions. 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.

24 Value accretive capital redeployment is a top priority: our recent inorganic transactions are consistent with our strict capital hierarchy criteria Improved our SBB target: at least €10bn in