Director/PDMR Shareholding

Banco Santander S.A.

18 February 2026

 

BANCO SANTANDER, S.A.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MS. Ana PATRICIA Botín-Sanz de Sautuola y O'Shea
2	Reason for the notification
a)	Position-status	GROUP EXECUTIVE CHAIR OF THE ISSUER
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 16,453 - 86,247 - 38,053 - 60,635 - 52,718 - 103,440
d)	Aggregated information - Aggregated volume - Price	Price Volume - 357,546
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINKED TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	AMERICAN CALL OPTIONS OVER 193,346 SANTANDER SHARES, WITH MATURITY DATE ON 2033-02-15 AND A STRIKE PRICE OF 3.088 EUROS, GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLAN RELATED TO YEAR 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) - 193,346
d)	Aggregated information - Aggregated volume - Price	Price Volume - 193,346
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR José Antonio Álvarez Álvarez
2	Reason for the notification
a)	Position-status	VICE CHAIR, Non-executive director OF THE ISSUER
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: DEFERRED DELIVERY RELATED TO YEARS 2020, 2021 AND 2022 WHICH PAYMENT IS EFFECTED IN 2026. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 9,031 - 58,832 - 25,963
d)	Aggregated information - Aggregated volume - Price	Price Volume - 93,826
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINKED TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	AMERICAN CALL OPTIONS OVER 130,519 SANTANDER SHARES, WITH MATURITY DATE ON 2033-02-15 AND A STRIKE PRICE OF 3.088 EUROS, GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLAN RELATED TO YEAR 2022
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 130,519
d)	Aggregated information - Aggregated volume - Price	Price Volume - 130,519
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR HÉCTOR BLAS GRISI CHECA
2	Reason for the notification
a)	Position-status	CHIEF executive OFFICER OF THE ISSUER
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 47,357 - 39,324 34,638 - 71,344
d)	Aggregated information - Aggregated volume - Price	Price Volume - 192,663
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR José Antonio García Cantera
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 23,992 - 45,515 - 52,852 - 37,351 - 32,317 - 60,623
d)	Aggregated information - Aggregated volume - Price	Price Volume - 252,650
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR JAIME PÉREZ RENOVALES
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 8,112 - 16,053 - 19,910 - 14,774 - 12,683 - 30,607
d)	Aggregated information - Aggregated volume - Price	Price Volume - 102,139
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR JOSÉ MARÍA LINARES PEROU
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS  2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 22,366 - 27,119 - 34,162 - 15,983 - 31,798 - 51,547
d)	Aggregated information - Aggregated volume - Price	Price Volume - 182,975
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINKED TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	AMERICAN CALL OPTIONS OVER 112,820 SANTANDER SHARES, WITH MATURITY DATE ON 2031-02-05 AND A STRIKE PRICE OF 3.793 EUROS, GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLAN RELATED TO YEAR 2023
c)	Price(s) and volume(s)	Price(s) Volume(s) - 112,820
d)	Aggregated information - Aggregated volume - Price	Price Volume - 112,820
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR JUAN MANUEL CENDOYA MÉNDEZ DE VIGO
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS  2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 9,328 - 18,705 - 21,720 - 15,350 - 13,281 - 35,256
d)	Aggregated information - Aggregated volume - Price	Price Volume - 113,640
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR JOSÉ LUIS DE MORA GIL-GALLARDO
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS  2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 9,783 - 14,719 - 20,835 - 5,799 - 8,890 - 28,773
d)	Aggregated information - Aggregated volume - Price	Price Volume - 88,799
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINKED TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	AMERICAN CALL OPTIONS OVER 40,507 SANTANDER SHARES, WITH MATURITY DATE ON 2031-02-05 AND A STRIKE PRICE OF 3.793 EUROS, GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLAN RELATED TO YEAR 2023
c)	Price(s) and volume(s)	Price(s) Volume(s) - 40,507
d)	Aggregated information - Aggregated volume - Price	Price Volume - 40,507
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MS MÓNICA LÓPEZ-MONÍS GALLEGO
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS  2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 3,928 - 7,465 - 8,668 - 6,903 - 6,004 - 14,071
d)	Aggregated information - Aggregated volume - Price	Price Volume - 47,039
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR. MAHESH CHATTA ADITYA
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEAR 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 25,295 - 19,143 - 39,375
d)	Aggregated information - Aggregated volume - Price	Price Volume - 83,813
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	SHARES OF BANCO SANTANDER, S.A. LISTED ON THE NEW YORK STOCK EXCHANGE (NYSE) IN THE FORM OF AMERICAN DEPOSITARY RECEIPT (ISIN US05964H1059)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: DEFERRED DELIVERY RELATED TO YEAR 2020, 2021 AND 2022 WHICH PAYMENT IS EFFECTED IN 2026. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS USD 11.89
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 27,401 - 30,714 - 35,186
d)	Aggregated information - Aggregated volume - Price	Price Volume - 93,301
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR. DANIEL BARRIUSO
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEAR 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 13,025 14,347 - 38,088
d)	Aggregated information - Aggregated volume - Price	Price Volume - 65,460
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR DAVID ARTHUR HAZELL
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEAR 2024 WHICH PAYMENT IS EFFECTED IN 2026, (II) AND IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 5,136 - 13,019
d)	Aggregated information - Aggregated volume - Price	Price Volume - 18,155
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	SHARES OF BANCO SANTANDER, S.A. LISTED ON THE NEW YORK STOCK EXCHANGE (NYSE) IN THE FORM OF AMERICAN DEPOSITARY RECEIPT (ISIN US05964H1059)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: DEFERRED DELIVERY RELATED TO YEAR 2022 AND 2023 WHICH PAYMENT IS EFFECTED IN 2026. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS USD 11.89
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 3,782 3,158
d)	Aggregated information - Aggregated volume - Price	Price Volume - 6,940
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MS MARÍA JULIA BAYÓN PEDRAZA
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 3,910 - 3,524 - 4,280 - 14,873
d)	Aggregated information - Aggregated volume - Price	Price Volume - 26,587
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR. FRANCISCO JAVIER GARCÍA-CARRANZA BENJUMEA
2	Reason for the notification
a)	Position-status	GROUP Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS  2020, 2021, 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 10,826 - 20,558 - 22,516 - 19,415 - 17,716 - 47,945
d)	Aggregated information - Aggregated volume - Price	Price Volume - 138,976
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR. JAVIER ROGLÁ PUIG
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 12,205 - 4,484 - 10,243 - 29,881
d)	Aggregated information - Aggregated volume - Price	Price Volume - 56,813
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINKED TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	AMERICAN CALL OPTIONS OVER 31,275 SANTANDER SHARES, WITH MATURITY DATE ON 2031-02-05 AND A STRIKE PRICE OF 3.793 EUROS, GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLAN RELATED TO YEAR 2023
c)	Price(s) and volume(s)	Price(s) Volume(s) - 31,275
d)	Aggregated information - Aggregated volume - Price	Price Volume - 31,275
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR JUAN MARIA OLAIZOLA BARTOLOME
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 15,047
d)	Aggregated information - Aggregated volume - Price	Price Volume - 15,047
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR MANUEL ANTONIO AMARAL FRANCO PRETO
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2022, 2023 AND 2024 WHICH PAYMENT IS EFFECTED IN 2026, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 7,307 - 7,103 - 6,242 - 27,118
d)	Aggregated information - Aggregated volume - Price	Price Volume - 47,770
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE ARISING FROM THE SETTLEMENT ADJUSTMENT OF THE DEFERRED VARIABLE REMUNERATION PLANS IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING PRICE OF THE SHARE ON THE DATE OF DELIVERY OF THE SHARES (18.02.2026) WAS 10.482 EUROS.
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 4
d)	Aggregated information - Aggregated volume - Price	Price Volume - 4
e)	Date of the transaction	2026-02-18
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR NITIN PRABHU
2	Reason for the notification
a)	Position-status	group Senior Executive Vice-President
b)	Initial notification -Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900J37)
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED VARIABLE REMUNERATION PLANS: IMMEDIATE DELIVERY RELATED TO YEAR 2025. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2026-02-13) WAS EUR 10.192
c)	Price(s) and volume(s)	Price(s)* Volume(s) - 54,696
d)	Aggregated information - Aggregated volume - Price	Price Volume - 54,696
e)	Date of the transaction	2026-02-13
f)	Place of the transaction	XOFF

 

END