Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 22

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 22
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 will be applicable from 10 July 2029.

• The Directive (EU) 2024/1640 (known as AMLD 6), a mechanisms to be put in place by Member States for the prevention of money laundering or terrorist financing. Specific rules are established on access to beneficial ownership registers, a framework for FIUs and national supervision of anti-money laundering, and rules on cooperation on AML/CFT and on the treatment of certain personal data categories (data protection), among other aspects. The Member States must transpose this Directive by 10 July 2027, bar some exceptions.

2024 Pillar 3 Disclosures Report 21

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

1.4. Scope of consolidation This section covers the qualitative requirements LIA - Explanations of differences between accounting and regulatory exposure amounts and LIB - Other qualitative information on the scope of application. 1.4.1. Acquisitions and disposals The following information is a summary of the main acquisitions and disposals of ownership interests in the share capital of other entities and other significant corporate transactions performed in the last three years or pending to be completed: • Tender offer for shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México. • Agreement for the acquisition of a significant stake in Ebury Partners Limited. • Purchase by SHUSA for shares of Santander Consumer USA. • Acquisition of Amherst Pierpont Securities LLC, a U.S. fixed-income broker dealer • Agreement for the sale of the stake in Caceis (2024) • Accelerated placement of ordinary shares of Santander Bank Polska (2024) For more information on the main acquisitions and disposals of holdings in other companies and other major corporate transactions by Santander last year, refer to the 'Auditor´s report' section of the 2024 Annual Report.

| Access 2024 Annual Report available on the Santander Group website |

1.4.2. Differences between the consolidation methods Santander entities are consolidated using a different method for accounting consolidation. For the purposes of calculating the capital adequacy ratio based on the nature of their business activities, the Group companies included in the prudential scope of consolidation are consolidated using the full consolidation method, with the exception of jointly controlled entities, which use proportionate consolidation. All companies that cannot be consolidated based on