Director/PDMR Shareholding

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 DIGITAL TRANSFORMATION AWARD FOR 2019. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2024-03-14) WAS EUR 4.080

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2024-03-14

f)

Place of the transaction

XMCE

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 27,405 SANTANDER SHARES, WITH MATURITY DATE ON 2030-03-15 AND A STRIKE PRICE OF 3.670 EUROS, GRANTED UNDER THE DIGITAL TRANSFORMATION AWARD FOR 2019.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2024-03-14

f)

Place of the transaction

XOFF