Buyback programme: transactions 19-26Feb

Summary by AI ^BETAClose X

Banco Santander has provided an update on its share buyback program, reporting that as of February 26, 2026, it has purchased shares totaling €1,572,905,221, which represents approximately 31.3% of the program's maximum investment amount. These purchases have resulted in the repurchase of roughly 16.1% of the bank's outstanding shares as of 2021. The transactions occurred between February 19 and February 26, 2026, across various trading venues, with a total of 39,366,374 shares repurchased during this period.

Disclaimer*

Banco Santander S.A.

27 February 2026

Banco Santander, S.A. (the "Bank" or "Banco Santander"), in compliance with the Securities Market legislation, hereby communicates the following:

OTHER RELEVANT INFORMATION

Reference is made to our notice of inside information of 4 February 2026 (official registry number 3077) (the "Buyback Commencement Communication"), relating to the buyback programme of own shares (the "Buyback Programme") approved by the Board of Directors of Banco Santander.

Pursuant to article 5 of Regulation (EU) no. 596/2014 on Market Abuse of 16 April 2014, and articles 2.2 and 2.3 of Commission Delegated Regulation (EU) 2016/1052, of 8 March 2016, the Bank informs of the transactions carried out over its own shares between 19 and 26 February (both inclusive).

The cash amount of the shares purchased to 26 February 2026 as a result of the execution of the Buyback Programme amounts to 1,572,905,221 Euros, which represents approximately 31.3% of the maximum investment amount of the Buyback Programme. The programme was announced together with its other characteristics through the Buyback Commencement Communication. With these purchases, the Bank has repurchased approximately 16.1% of its outstanding shares as of 2021.

Date	Security	Transaction	Trading venue	Number of shares	Weighted average price (€)
19/02/2026	SAN	Purchase	XMAD	7,117,000	10.6587
19/02/2026	SAN	Purchase	CEUX	3,799,000	10.6423
19/02/2026	SAN	Purchase	TQEX	475,000	10.6584
19/02/2026	SAN	Purchase	AQEU	714,444	10.6495
20/02/2026	SAN	Purchase	XMAD	6,183,000	10.7151
20/02/2026	SAN	Purchase	CEUX	3,915,000	10.7151
20/02/2026	SAN	Purchase	TQEX	487,000	10.7126
20/02/2026	SAN	Purchase	AQEU	675,930	10.7166
23/02/2026	SAN	Purchase	XMAD	4,000,000	11.0480
24/02/2026	SAN	Purchase	XMAD	1,000,000	10.6171
25/02/2026	SAN	Purchase	XMAD	4,000,000	11.0240
25/02/2026	SAN	Purchase	CEUX	1,000,000	11.0228
26/02/2026	SAN	Purchase	XMAD	5,000,000	11.0900
26/02/2026	SAN	Purchase	CEUX	1,000,000	11.0892
			TOTAL	39,366,374

Issuer name: Banco Santander, S.A. - LEI 5493006QMFDDMYWIAM13

Reference of the financial instrument: ordinary shares - Code ISIN ES0113900J37

Detailed information of the transactions carried out within the referred period is attached as Annex I.

Boadilla del Monte (Madrid), 27 February 2026

ANNEX I

Detailed information on each of the transactions carried out within the context of the Buy-back Programme between 19/02/2026 and 26/02/2026 (both inclusive)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END