# EDGAR Filing Document

**Accession Number:** 0000891478
**File Stem:** 0000950103-25-007762
**Filing Date:** 2025-6
**Character Count:** 11973
**Document Hash:** 20faa426fadbfed721bc1ce62619c615
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-25-007762.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0000950103-25-007762

**CONFORMED SUBMISSION TYPE**: CB/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Banco Santander, S.A.
- **CENTRAL INDEX KEY:** 0000891478
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 132617929
- **STATE OF INCORPORATION:** U3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CB/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-88558
- **FILM NUMBER:** 251069539

**BUSINESS ADDRESS:**
- **STREET 1:** CIUDAD GRUPO SANTANDER
- **STREET 2:** BOADILLA DEL MONTE
- **CITY:** MADRID
- **STATE:** U3
- **ZIP:** 28660
- **BUSINESS PHONE:** 34 91 289 32 80

**MAIL ADDRESS:**
- **STREET 1:** CIUDAD GRUPO SANTANDER
- **STREET 2:** BOADILLA DEL MONTE
- **CITY:** MADRID
- **STATE:** U3
- **ZIP:** 28660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER SA
- **DATE OF NAME CHANGE:** 20070925

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER CENTRAL HISPANO SA
- **DATE OF NAME CHANGE:** 19990512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER S A
- **DATE OF NAME CHANGE:** 19931201
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Banco Santander, S.A.
- **CENTRAL INDEX KEY:** 0000891478
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 132617929
- **STATE OF INCORPORATION:** U3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CB/A

**BUSINESS ADDRESS:**
- **STREET 1:** CIUDAD GRUPO SANTANDER
- **STREET 2:** BOADILLA DEL MONTE
- **CITY:** MADRID
- **STATE:** U3
- **ZIP:** 28660
- **BUSINESS PHONE:** 34 91 289 32 80

**MAIL ADDRESS:**
- **STREET 1:** CIUDAD GRUPO SANTANDER
- **STREET 2:** BOADILLA DEL MONTE
- **CITY:** MADRID
- **STATE:** U3
- **ZIP:** 28660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER SA
- **DATE OF NAME CHANGE:** 20070925

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER CENTRAL HISPANO SA
- **DATE OF NAME CHANGE:** 19990512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANCO SANTANDER S A
- **DATE OF NAME CHANGE:** 19931201

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**Form CB/A**

**TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM**

**(Amendment No. 1)**

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to file this Form:

---

| | |
|:---|:---|
| Securities Act Rule 801 (Rights Offering) | ☐ |
| Securities Act Rule 802 (Exchange Offer) | ☐ |
| Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer) | ☒ |
| Exchange Act Rule 14d-1(c) (Third Party Tender Offer) | ☐ |
| Exchange Act Rule 14e-2(d) (Subject Company Response) | ☐ |

---

Filed or submitted in paper if permitted by Regulation S-T Rule 101(b)(8) ☐

---

| |
|:---|
| **Banco Santander, S.A.** |
| (Name of Subject Company) |
| **N/A** |
| (Translation of Subject Company's Name into English (if applicable)) |
| **Kingdom of Spain** |
| (Jurisdiction of Subject Company's Incorporation or Organization) |
| **Banco Santander, S.A.** |
| (Name of Person(s) Furnishing Form) |
| **EUR 1,500,000,000 4.375 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities** |
| (Title of Class of Subject Securities) |
| **N/A** |
| (CUSIP Number of Class of Securities (if applicable)) |
| **José Antonio Soler Ramos** <br> **Banco Santander, S.A.** <br> **Ciudad Grupo Santander - 28660 Boadilla del Monte Madrid, Spain** <br> **Tel: +34 912 89 32 81**  |
| (Name, Address (including zip code) and Telephone Number (including area code) of Person(s)<br> Authorized to Receive Notices and Communications on Behalf of Subject Company) |
| ***Copies to:*** <br>**Pedro J. Bermeo<br> Davis Polk & Wardwell LLP<br> 450 Lexington Avenue<br> New York, NY 10017<br> +1 212 450 4000**<br>|
| **June 24, 2025** |
| (Date Tender Offer/Rights Offering Commenced) |

---

**PART I - INFORMATION SENT TO SECURITY HOLDERS**

**Item 1. Home Jurisdiction Documents**

(a) The following documents are attached hereto as exhibits to this form:

---

| | |
|:---|:---|
| Exhibit No. | Description |
| [1.1](https://www.sec.gov/Archives/edgar/data/891478/000095010325007733/dp230515_ex0101.htm) | [Tender offer memorandum dated June 24, 2025<sup>1</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325007733/dp230515_ex0101.htm) |
| [1.2](https://www.sec.gov/Archives/edgar/data/891478/000095010325007723/dp230513_6k.htm) | [English translation of the "inside information" announcement regarding the launch of the tender offer<sup>2</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325007723/dp230513_6k.htm) |
| [1.3](https://www.sec.gov/Archives/edgar/data/891478/000095010325007733/dp230515_ex0103.htm) | [Press release announcing the launch of the tender offer<sup>1</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325007733/dp230515_ex0103.htm) |
| [1.4](https://www.sec.gov/Archives/edgar/data/891478/000095010325007750/dp230532_6k.htm) | [English translation of the "other relevant information" announcement regarding the maximum acceptance amount of the tender offer<sup>3</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325007750/dp230532_6k.htm) |
| [1.5](dp230516_ex0501.htm) | [Press release announcing the maximum acceptance amount of the tender offer](dp230516_ex0501.htm) |

---

<sup>1</sup> Previously furnished with the Form CB furnished to the Securities and Exchange Commission on June 24, 2025.

<sup>2</sup> Incorporated by reference to the Company's Report on Form 6-K furnished to the Securities and Exchange Commission on June 24, 2025 ([accession no. 0000950103-25-007723](https://www.sec.gov/Archives/edgar/data/891478/000095010325007723/dp230513_6k.htm)).

<sup>3</sup> Incorporated by reference to the Company's Report on Form 6-K furnished to the Securities and Exchange Commission on June 24, 2025 ([accession no. 0000950103-25-007750](https://www.sec.gov/Archives/edgar/data/891478/000095010325007750/dp230532_6k.htm)).

**Item 2. Informational Legends**

Not applicable.

**PART II - INFORMATION NOT REQUIRED TO BE SENT TO SECURITY HOLDERS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Not applicable.

**PART III - CONSENT TO SERVICE OF PROCESS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Written irrevocable consent and power of attorney on Form F-X filed concurrently with the Commission on June 24, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Not applicable.

**PART IV - SIGNATURES**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| |
|:---|
| /s/ José Antonio Soler Ramos |
| (Signature) |
| José Antonio Soler Ramos <br> Deputy Chief Financial Officer<br> Banco Santander, S.A. <br>|
| (Name and Title) |
| June 24, 2025 |
| (Date) |

---

## Exhibit 1.5

**Exhibit 1.5**

24 June 2025 - Banco Santander, S.A. (the "**Offeror**") announces today, with reference to the invitations made to the holders of its outstanding EUR 1,500,000,000 4.375 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities (ISIN: XS2102912966) (the "**Preferred Securities**") as described in the tender offer memorandum dated 24 June 2025 (the "**Tender Offer Memorandum**") that, following pricing of the New Preferred Securities to be issued by the Offeror, the Maximum Acceptance Amount in respect of the Offer is EUR 1,500,000,000 in aggregate nominal amount of Preferred Securities.

The Offeror reserves the right, in its sole and absolute discretion and for any reason, to decrease the Maximum Acceptance Amount. The Offer will announce the final Acceptance Amount together with the results of the Offer.

The Offer commenced on 24 June 2025 and will expire at 5.00 p.m. (CET time) on 30 June 2025. Settlement is expected to take place on 2 July 2025, unless extended, withdrawn, amended or terminated by the Offeror in accordance with the Tender Offer Memorandum. The settlement of the issue of New Preferred Securities is expected to take place on 2 July 2025.

The Offer is made on the terms and subject to the conditions (including the New Financing Condition) contained in the Tender Offer Memorandum and should be read in conjunction with the Tender Offer Memorandum. Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Tender Offer Memorandum.

**Further Information**

Before making a decision whether to tender their Preferred Securities pursuant to an Offer, Holders should carefully consider all the information in the Tender Offer Memorandum and, in particular, the Risk Factors and Other Considerations.

Any investment decision to purchase any New Preferred Securities should be made solely on the basis of the information contained in the preliminary offering circular relating to the New Preferred Securities that has been made available to investors together with pricing details.

**\*\* Dealer Managers \*\***

*Banco Santander, S.A.: <u>liabilitymanagement@gruposantander.com</u>*

*Santander US Capital Markets LLC: <u>AmericasLM@santander.us</u>*

**\*\* Tender Agent \*\***

*Kroll Issuer Services Limited: +44 20 7704 0880 / santander@is.kroll.com / https://deals.is.kroll.com/santander* 

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN A JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT

**<u>Notice to U.S. Investors</u>**

The proposed transaction relates to the securities of Banco Santander, S.A., a company incorporated in Spain. Information distributed in connection with the proposed transaction is subject to Spanish disclosure requirements that are different from those of the United States.

It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal securities laws in respect of the proposed transaction, since the company is located in Spain and some or all of its officers and directors are residents of Spain. You may not be able to sue the company or its officers or directors in a Spanish court for violations of the U.S. securities laws. Finally, it may be difficult to compel the company and its affiliates to subject themselves to a U.S. court's judgment.

You should be aware that the company may purchase subject securities otherwise than under the proposed transaction, such as in open market or privately negotiated purchases, at any time during the pendency of the proposed transaction.

The New Preferred Securities are being offered outside the United States to non-U.S. persons, pursuant to the provisions of Regulation S of the United States Securities Act of 1933, as amended (the "**Securities Act**"). The New

Preferred Securities will not be registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the Securities Act. Any investment decision to purchase any New Preferred Securities should be made solely on the basis of the information contained in the preliminary offering circular relating to the New Preferred Securities that has been made available to investors together with pricing details.