Capital increase (July 2017) - Shareholders resident in the U.S. and holders of ADRs resident in the U.S.

Banco Santander has launched a capital increase with pre-emptive subscription rights addressed to its current shareholders as well as to other investors who acquire pre-emptive subscription rights in the market. The capital increase aims to reinforce and optimize the Bank’s equity structure to adequately cover the acquisition of 100% of Banco Popular Español, S.A.’s share capital.

The information set forth below only applies to Santander shareholders or holders of ADRs resident is the U.S.


The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You will get these documents for free by visiting EDGAR on the SEC Web site at Alternatively, you will obtain a copy of the prospectus from Citigroup by calling toll free 1-800-831-9146 or UBS by calling toll free 1-877-387-2275.

Below you can find the documents in relation to the capital increase:

Information Agent Helpline for Shareholders and Investors in the United States:
D.F. King & Co., Inc.
48 Wall Street
New York, NY 10005
Banks and Brokers Call: (212) 269-5550
All Others Call: (800) 735-3107