Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000103
Chunk: 56

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 56
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 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |

Business performance

Total assets under management (AuMs) reached new record levels of EUR 514 billion, + 11% year-on-year in constant euros, driven by solid commercial activity and a positive market performance. By business and in constant euros, volumes performed as follows: • In PB , customer assets and liabilities reached record levels of EUR 338 billion (+11% year-on-year), with all product categories growing, especially funds as we are focusing on offering higher value-added products, such as alternative products and discretionary portfolio management. Net new money totalled EUR 10.6 billion, increasing year-on-year. We remain focused on offering our customers the benefits of our scale and international presence. This resulted in 8% year-on-year growth in our customer base to 305,371. • In SAM , total assets under management reached EUR 246 billion, +13% year-on-year, on the back of solid commercial activity in most countries. Net sales in H1 2025 totalled EUR 4.9 billion. • In Insurance , gross written premiums reached EUR 5.6 billion in H1 2025, increasing 6% year-on-year, driven by life savings business.

| Wealth. Business performance.June 2025     |
| EUR billion and % change in constant euros |

| Total AuMs            |
| Funds and investment* |
| - SAM                 |
| - Private Banking     |
| Custody               |
| Customer deposits     |
| Customer loans        |
| GWPs                  |

|     | / Mar-25 |     |     | / Jun-24 |
| +2  | %        |     | +11 | %        |
| +3  | %        |     | +15 | %        |
| +2  | %        |     | +13 | %        |
| +6  | %        |     | +19 | %        |
| +2  | %        |     |  +9 | %        |
| +1  | %        |     |  +3 | %        |
| +5  | %        |     | +13 | %        |
| +13 | %        |     |  +6 | %        |

Note: total products marketed, advised, under custody and/or managed. *Excluding overlaps between PB and SAM (PB