Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 36

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 36
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idual value of intangibles                           |     |       — |
| Deductions                                              |     |       — |
| Ending figure (31/12/2024)                              |     |  10,371 |
| Tier 2 (T2)                                             |     |         |
| Ending figure (31/12/2023)                              |     |  16,497 |
| Eligible instruments T2                                 |     |   1,767 |
| Gen. funds and surplus loan loss prov. IRB              |     |     -76 |
| T2 excesses - subsidiaries                              |     |     230 |
| Deductions                                              |     |       — |
| Ending figure (31/12/2024)                              |     |  18,418 |
| Deductions from total capital                           |     |       — |
| Final figure for total capital (31/12/2024)             |     | 108,589 |
| CRR Phased-in, IFRS 9 Phased-in.                        |     |         |

| Eligible capital over time |
| EUR million                |

| 6.21% |

Tier 1 Capital comprises CET1 Capital plus Additional Tier 1 Capital (AT1) including preferred issuances and CoCos issued by Grupo Santander. Total capital comprises Tier 1 capital plus Tier 2 capital (T2) and includes, among other items, equity instruments and subordinated loans where the conditions laid down in the CRR are met. The movement of issued shares and issue premiums is mainly due to the amortisation of shares acquired through the share buyback programme, contributing to the shareholder remuneration by increasing earnings per share, which is inherent to the reduction in the number of shares. On the other hand, the remaining variation corresponds to other retained income, deductions and prudential filters. The increase in Tier 1 capital is mainly due to new issuances in Spain net of redemptions during the year. The increase in Tier 2 capital is due to new issuances in Spain and Brazil which is partly offset by the loss of eligibility for capital purposes of certain issuances. For further detail on regulatory own funds (Table CC1) see Appendix VII of this document. On 31 December 2024, none of the financial institutions consolidated in the Group had less than the minimum capital required under applicable regulations. Under Article 7 and 9 of the CRR, the subsidiaries Santander Leasing S.A. EFC and Sant