Buyback programme: transactions 27Feb-4Mar

Summary by AI ^BETAClose X

Banco Santander has provided an update on its share buyback program, reporting that as of March 4, 2026, it has purchased shares totaling €1,816,349,835, which represents approximately 36.1% of the maximum investment amount. These purchases have resulted in the repurchase of roughly 16.3% of the bank's outstanding shares as of 2021. The transactions occurred between February 27 and March 4, 2026, with a total of 24,084,830 shares acquired across various trading venues.

Disclaimer*

Banco Santander S.A.

05 March 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 27 February and 4 March (both inclusive).

The cash amount of the shares purchased to 4 March 2026 as a result of the execution of the Buyback Programme amounts to 1,816,349,835 Euros, which represents approximately 36.1% 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 16.3% of its outstanding shares as of 2021.

Date	Security	Transaction	Trading venue	Number of shares	Weighted average price (€)
27/02/2026	SAN	Purchase	XMAD	5,000,000	10.8788
02/03/2026	SAN	Purchase	XMAD	5,000,000	10.3017
02/03/2026	SAN	Purchase	CEUX	2,000,000	10.3022
03/03/2026	SAN	Purchase	XMAD	5,000,000	9.5657
03/03/2026	SAN	Purchase	CEUX	3,000,000	9.5663
04/03/2026	SAN	Purchase	XMAD	4,084,830	9.8929
			TOTAL	24,084,830

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), 5 March 2026

ANNEX I

Detailed information on each of the transactions carried out within the context of the Buy-back Programme between 27/02/2026 and 04/03/2026 (both inclusive)

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