Shareholder remuneration

In application of the Bank’s current shareholder remuneration policy, consisting of a total shareholder remuneration target of c. 50% of the Group’s underlying profit¹, split approximately in equal parts in cash dividend payments and share buybacks, the board of directors approved the payment of an interim cash dividend against 2025 results of 11.5 euro cents per share, equivalent to c. 25 % of the Group’s underlying profit² in the first half of 2025.

• The interim cash dividend will be paid from 3 November 2025; and
• The last day to trade shares with a right to receive the interim cash dividend will be 29 October 2025, the ex-dividend date will be 30 October 2025 and the record date will be 31 October 2025.

This distribution, together with the on-going share buyback programme that was announced on 30 July 2025, represents the interim shareholder remuneration against the Group underlying profit³ in the first half of 2025. You can find all the information about this buyback programme here.

The implementation of the remainder of the shareholder remuneration policy for 2025 is subject to the appropriate corporate and regulatory approvals and decisions.

_{^{1 2 3} Underlying profit considered for this purpose is reported profit (excluding non-cash, non-capital ratios impact items).}

Further information on shareholder remuneration can be found in the following sections of this website:

• Dividends
• Share buybacks and why they’re important to shareholders
• Prices of latest reinvestments (PDF 160 Kb) (Only available in Spanish)
• The most recent and historical dividend payments are shown in the table below.