Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000111
Chunk: 133

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 133
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 |    25 |       |
| Corporate Centre               |     |              |   -351 |        |            |   -350 |        |                   |  -807 |        |            |  -606 |       |            |  -713 |       |            |  -609 |       |
| Underlying Profit              |     |              |        | 31,010 |            |        | 31,050 |                   |       | 10,303 |            |       | 9,508 |            |       | 6,833 |            |       | 6,059 |
| Adjustments                    |     |              |        | -1,828 |            |        | -2,015 |                   |       | -1,199 |            |       |  -784 |            |       |     — |            |       |     — |
| Statutory Profit               |     |              | 29,182 |        |            | 29,035 |        |                   | 9,104 |        |            | 8,724 |       |            | 6,833 |       |            | 6,059 |       |

Explanation of the adjustments to the statutory profit at 30 June 2025:

• In accordance with IFRS 5 requirements, in the statutory profit, results subject to the Poland disposal have been reported under the line 'Profit or loss after tax from discontinued operations' (see Note 2). However, in the underlying profit, in the underlying profit, the results from Poland have been reclassified so that they are reported line by line and disaggregated in each of the corresponding line items.

• A capital gain of EUR 231 million at 30 June 2025, from the sale of Santander's remaining 30.5% stake in CACEIS (see note 2).

• Charges of EUR 467 million at 30 June 2025 (EUR 231 million net of taxes and minority interests) after updating the macroeconomic parameters in Brazil's credit provisioning models.

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#### 13. Related parties
The parties related to Grupo Santander are deemed to include, in addition to its subsidiaries, associates and joint ventures, Banco Santander’s key management personnel (the members of its board of directors and the executive vice presidents, together with their close family members) and the entities over which the key management personnel may exercise significant influence or control.

Following is a detail of the transactions performed by Grupo Santander with