Share capital distribution

As communicated by “other relevant information” registered with the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) on 3 June 2025 with registration number 35106, the board executive committee, in accordance with the delegations granted by the ordinary general shareholders’ meeting and the board of directors, has resolved on the Bank’s share capital reduction through a cancellation of own shares acquired in the share buy-back programme, the beginning and termination of which Banco Santander properly notified to the market through the notice of inside information published on 5 February 2025 with registration number 2584 and the aforementioned notice of other relevant information published on 3 June 2025 with registration number 35106, respectively.

Banco Santander’s share capital has been reduced by EUR 133,583,475 through the cancellation of 267,166,950 own shares. Consequently, the resulting Bank’s share capital has been set at EUR 7,442,662,686, represented by 14,885,325,372 shares with a nominal value of EUR 0.50 each, all of them of the same class and series.

The public deed recording the corporate resolutions on the capital reduction and the consequent amendment of Article 5 of the Bank’s By-laws has been registered in the Commercial Registry of Santander, on 6 June 2025. Thereafter, the delisting of the 267,166,950 cancelled shares from the Spanish and foreign stock exchanges or stock markets on which the Bank’s shares are listed, and the cancellation of the book-entry records of the cancelled shares before the competent bodies will both be requested.