Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 994

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 994
---
059,566 |     |      |      | 1,055,023 |

For the purpose of calculating the net charge-offs during the period to average loans outstanding ratio, net charge-offs consist of charge-offs against credit loss allowance less recoveries of loans previously charged-off and loans outstanding refer to gross loans and advances to customers. Reverse repurchase agreements are collateralized and therefore cannot be charged-off.

| 928 |

| Contents |     | Cross-reference to Form 20-F |     | Consolidated director's report |     | Consolidated financial statements |     | Supplemental information |

#### Credit impaired balances ratios
The following table shows the total amount of our computable credit risk, our credit impaired loans and contingent liabilities, our allowances for credit impaired balances, our net loans and

contingent liabilities charged-off, the NPL ratio, the coverage ratio and the net charge-offs to computable credit risk ratio at the dates indicated:

|                                                                           |     | At 31 December,                  |           |      |     |           |      |     |           |      |
|                                                                           |     |                                  |           | 2024 |     |           | 2023 |     |           | 2022 |
|                                                                           |     | -EUR million, except percentages |           |      |     |           |      |     |           |      |
| Computable credit risk (A)                                                |     |                                  | 1,157,274 |      |     | 1,133,898 |      |     | 1,124,121 |      |
| Credit impaired balances                                                  |     |                                  |    35,265 |      |     |    35,620 |      |     |    34,673 |      |
| Allowances for credit impaired balances                                   |     |                                  |    22,835 |      |     |    23,490 |      |     |    23,418 |      |
| Net loans and contingent liabilities charged-off                          |     |                                  |    11,607 |      |     |    12,255 |      |     |    10,776 |      |
| Ratios:                                                                   |     |                                  |           |      |     |           |      |     |           |      |
| NPL ratio (B)                                                             |     |                                  |      3.05 |    % |     |      3.14 |    % |     |      3.08 |    % |
| Coverage