Director/PDMR Shareholding

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 DIGITAL TRANSFORMATION AWARD FOR 2020. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (2025/02/04) WAS EUR 4.882

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2025/02/04

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 92,593 SANTANDER SHARES, WITH MATURITY DATE ON 2029/02/01 AND A STRIKE PRICE OF 2.685 EUROS, GRANTED UNDER THE DIGITAL TRANSFORMATION AWARD FOR 2020.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2025/02/04

f)

Place of the transaction

XOFF