Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000080
Chunk: 10

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 10
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 Payments: driving revenue growth and scale through global platforms PagoNxt EBITDA margin Q1’25 FINANCIALS 

# transactions1 (bn per month) Cost per transaction (€ cents, PagoNxt) Payments volume2 (€ bn) PagoNxt Cards Loans €25bn +15% Getnet TPV €56bn +14% Cards Spending €81bn +7% Efficiency 43.9% -4.5pp Profit €126mn +30% 3.2 3.5 Q1'24 Q1'25 3.5 3.3 Q1'24 Q1'25 262 317 Q1'24 Q1'25 943 1,067 Q1'24 Q1'25 28.6% +11.6pp 125 137 Q1'24 Q1'25 KEY DRIVERS +10%+10% Revenue (€ mn) -6%+21% +13% • On track with our key strategic priorities to capture scale though global platforms, driving cost per transaction improvements • Increased activity both in PagoNxt (Getnet’s TPV +14%) and Cards (spending +7%) • Profit up strongly driven by double-digit revenue growth (NII and fees), both in PagoNxt and Cards, while costs were flat
15 14.1% 15.8% Q1'24 Q1'25 Note: TNAVps + Cash DPS includes the €10.00 cent cash dividend per share paid in November, executed as part of our shareholder remuneration policy. Improving profitability with EPS up 26% and 14.5% value creation Since 2021, including the second buyback against 2024 results, Santander will have returned €9.5bn to shareholders via share buybacks and repurchased 14% of its outstanding shares RoTE post-AT1 EPS TNAVps + Cash DPS 4.86 5.46 5.56 Mar-24 Mar-25 € per share Cash DPS: €10.0 cents 17.0 21.5 Q1'24 Q1'25 € cents +1.7pp +26% +14.5%

16 Index Q1'25 Highlights Progress on our strategy 1 Group review 2 Final remarks 3 Appendix 4

17 2,852 3,207 3,250 3,265 3,402