# EDGAR Filing Document

**Accession Number:** 0000891478
**File Stem:** 0000950103-25-008230
**Filing Date:** 2025-7
**Character Count:** 12204
**Document Hash:** e0b6898c217b57d283e081541284e62f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-25-008230.hdr.sgml**: 20250701

**ACCESSION NUMBER**: 0000950103-25-008230

**CONFORMED SUBMISSION TYPE**: CB/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250701

**DATE AS OF CHANGE**: 20250701

**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:** 251094788

**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. 2)**

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](https://www.sec.gov/Archives/edgar/data/891478/000095010325007762/dp230516_ex0501.htm) | [Press release announcing the maximum acceptance amount of the tender offer<sup>4</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325007762/dp230516_ex0501.htm) |
| [1.6](https://www.sec.gov/Archives/edgar/data/891478/000095010325008222/dp231027_6k.htm) | [English translation of the "other relevant information" announcement regarding the results of the tender offer<sup>5</sup>](https://www.sec.gov/Archives/edgar/data/891478/000095010325008222/dp231027_6k.htm) |
| [1.7](dp231012_ex0107.htm) | [Press release announcing the results of the tender offer](dp231012_ex0107.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)).

<sup>4</sup> Previously furnished with the Form CB/A (Amendment No.1) furnished to the Securities and Exchange Commission on June 24, 2025.

<sup>5</sup> Incorporated by reference to the Company's Report on Form 6-K furnished to the Securities and Exchange Commission on July 1, 2025 ([accession no. 0000950103-25-008222](https://www.sec.gov/Archives/edgar/data/891478/000095010325008222/0000950103-25-008222-index.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) |
| July 1, 2025 |
| (Date) |

---

## Exhibit 1.7

**Exhibit 1.7**

Banco Santander, S.A. announces tender offer results

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

1 July 2025 - Further to its announcements on 24 June 2025, Banco Santander, S.A. (the "**Offeror**") now announces the final results of its 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), subject to the terms and conditions and distribution restrictions described in the tender offer memorandum dated 24 June 2025 (the "**Tender Offer Memorandum**").

Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

The Expiration Time for the Offer was 5.00 p.m. (CET time) on 30 June 2025.

The Offeror hereby announces that it will accept for purchase in accordance with the terms and subject to the conditions set out in the Tender Offer Memorandum and at the relevant Purchase Price, all Preferred Securities validly offered for Sale pursuant to the Offer, without pro-ration, in an aggregate nominal amount of EUR 466,600,000 (the Acceptance Amount), as set out in the summary below.

**\*\* Final results summary \*\***

Description of the Preferred Securities / ISIN / Outstanding Nominal Amount / First Optional Redemption Date / Purchase Price / Acceptance Amount / Pro-ration factor

EUR 1,500,000,000 4.375 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities / XS2102912966 / EUR 1,500,000,000 / 14 January 2026/ 100 per cent. / EUR 466,600,000 / Not Applicable

Preferred Securities purchased by the Offeror pursuant to the Offer will be cancelled by the Offeror and will not be re-issued or re-sold. Preferred Securities which have not been validly submitted or validly submitted but not accepted for purchase pursuant to the Offer will remain outstanding. Following the Settlement Date, there will be an outstanding nominal amount of Preferred Securities of EUR 1,033,400,000 .

Payment of the Tender Consideration in respect of the Preferred Securities accepted for purchase by the Offeror will occur on the Settlement Date for the Offer which is expected to be 2 July 2025.

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

*Banco Santander, S.A.: liabilitymanagement@gruposantander.com*

*Santander US Capital Markets LLC: AmericasLM@santander.us*

**\*\* 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.