#11 Brazil 9M'22 Earnings Presentation 26 October 2022 Santander#2Important Information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 October 2015 (ESMA/2015/1415en) and other non-IFRS measures ("Non-IFRS Measures"). These financial measures that qualify as APMs and non-IFRS measures have been calculated with information from the Banco Santander Group; however those financial measures are not defined or detailed in the applicable financial reporting framework nor have been audited or reviewed by our auditors. We use these APMs and non-IFRS measures when planning, monitoring and evaluating our performance. We consider these APMs and non-IFRS measures to be useful metrics for our management and investors to compare operating performance between accounting periods, as these measures exclude items outside the ordinary course performance of our business, which are grouped in the "management adjustment" line and are further detailed in Section 3.2 of the Economic and Financial Review in our Directors' Report included in our Annual Report on Form 20-F for the year ended 31 December 2021. Nonetheless, these APMs and non-IFRS measures should be considered supplemental information to, and are not meant to substitute IFRS measures. Furthermore, companies in our industry and others may calculate or use APMs and non-IFRS measures differently, thus making them less useful for comparison purposes. For further details on APMs and Non-IFRS Measures, including their definition or a reconciliation between any applicable management indicators and the financial data presented in the consolidated financial statements prepared under IFRS, please see the 2021 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on 1 March 2022, as updated by the Form 6-K filed with the SEC on 8 April 2022 in order to reflect our new organizational and reporting structure, as well as the section "Alternative performance measures" of the annex to the Banco Santander, S.A. ("Santander") Q3 2022 Financial Report, published as Inside Information on 26 October 2022. These documents are available on Santander's website (www.santander.com). Underlying measures, which are included in this presentation, are non-IFRS measures. This presentation also contains statements on emissions and other climate-related performance data, statistics, metrics and/or targets (the "ESG Data"). The ESG Data are not financial data and are non-IFRS data. Such ESG Data are non-audited estimates, continue to evolve and may be based on assumptions believed to be reasonable at the time of preparation, but should not be considered guarantees. The ESG Data is for informational purposes only, is not intended to be comprehensive and does not constitute investment, legal or tax advice. The businesses included in each of our geographic segments and the accounting principles under which their results are presented here may differ from the included businesses and local applicable accounting principles of our public subsidiaries in such geographies. Accordingly, the results of operations and trends shown for our geographic segments may differ materially from those of such subsidiaries. Forward-looking statements Santander advises that this presentation contains "forward-looking statements" as per the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words like "expect", "project", "anticipate", "should", "intend", "probability", "risk", "VaR", "RORAC", "RoRWA", "TNAV", "target", "goal", "objective", "estimate", "future", "commitment", "commit", "focus", "pledge" and similar expressions. Found throughout this presentation, they include (but are not limited to) statements on our future business development, performance, shareholder remuneration policy and ESG Data. However, a number of risks, uncertainties and other important factors may cause actual developments and results to differ materially from those anticipated, expected, projected or assumed in forward-looking statements. The following important factors, in addition to other factors discussed elsewhere in this presentation and other risk factors, uncertainties or contingencies detailed in our most recent Form 20-F and subsequent 6-Ks filed with, or furnished to, the SEC, as well as other unknown or unpredictable factors, could affect our future development and results and could cause materially different outcomes from those anticipated, expected, projected or assumed in forward- looking statements: (1) general economic or industry conditions of areas where we have significant operations or investments (such as a worse economic environment; higher volatility in the capital markets; inflation or deflation; changes in demographics, consumer spending, investment or saving habits; energy prices; and the effects of the war in Ukraine or the COVID-19 pandemic in the global economy); (2) climate-related conditions, regulations, targets and weather events; (3) exposure to various market risks (particularly interest rate risk, foreign exchange rate risk, equity price risk and risks associated with the replacement of benchmark indices); (4) potential losses from early repayments on our loan and investment portfolio, declines in value of collateral securing our loan portfolio, and counterparty risk; (5) political stability in Spain, the United Kingdom, other European countries, Latin America and the United States; (6) changes in legislation, regulations, taxes, including regulatory capital and liquidity requirements, especially in view of the United Kingdom exit from the European Union and increased regulation in response to financial crises; (7) our ability to integrate successfully our acquisitions and related challenges that result from the inherent diversion of management's focus and resources from other strategic opportunities and operational matters; and (8) changes in our access to liquidity and funding on acceptable terms, in particular if resulting from credit spreads shifts or downgrade in credit ratings for the entire Santander, the Banco Santander Group or significant subsidiaries. Santander 2#3Important Information Forward looking statements are based on current expectations and future estimates about Santander's and third-parties' operations and businesses and address matters that are uncertain to varying degrees, including, but not limited to developing standards that may change in the future; plans, projections, expectations, targets, objectives, strategies and goals relating to environmental, social, safety and governance performance, including expectations regarding future execution of Santander's and third-parties' energy and climate strategies, and the underlying assumptions and estimated impacts on Santander's and third-parties' businesses related thereto; Santander's and third-parties' approach, plans and expectations in relation to carbon use and targeted reductions of emissions; changes in operations or investments under existing or future environmental laws and regulations; and changes in government regulations and regulatory requirements, including those related to climate-related initiatives. Forward-looking statements are aspirational, should be regarded as indicative, preliminary and for illustrative purposes only, speak only as of the date of this presentation, are informed by the knowledge, information and views available on such date and are subject to change without notice. Santander is not required to update or revise any forward-looking statements, regardless of new information, future events or otherwise, except as required by applicable law. No offer The information contained in this presentation is subject to, and must be read in conjunction with, all other publicly available information, including, where relevant any fuller disclosure document published by Santander. Any person at any time acquiring securities must do so only on the basis of such person's own judgment as to the merits or the suitability of the securities for its purpose and only on such information as is contained in such public information having taken all such professional or other advice as it considers necessary or appropriate in the circumstances and not in reliance on the information contained in this presentation. No investment activity should be undertaken on the basis of the information contained in this presentation. In making this presentation available Santander gives no advice and makes no recommendation to buy, sell or otherwise deal in shares in Santander or in any other securities or investments whatsoever. Neither this presentation nor any of the information contained therein constitutes an offer to sell or the solicitation of an offer to buy any securities. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. Nothing contained in this presentation is intended to constitute an invitation or inducement to engage in investment activity for the purposes of the prohibition on financial promotion in the U.K. Financial Services and Markets Act 2000. Historical performance is not indicative of future results Statements about historical performance must not be construed to indicate that future performance, share price or results (including earnings per share) in any future period will necessarily match or exceed those of any prior period. Nothing in this presentation should be taken as a profit forecast. Third Party Information In this presentation, Santander relies on and refers to certain information and statistics obtained from publicly-available information and third-party sources, which it believes to be reliable. Neither Santander nor its directors, officers and employees have independently verified the accuracy or completeness of any such publicly-available and third-party information, make any representation or warranty as to the quality, fitness for a particular purpose, non-infringement, accuracy or completeness of such information or undertake any obligation to update such information after the date of this presentation. In no event shall Santander be liable for any use by any party of, for any decision made or action taken by any party in reliance upon, or for inaccuracies or errors in, or omission from, such publicly-available and third-party information contained herein. Any sources of publicly-available information and third-party information referred or contained herein retain all rights with respect to such information and use of such information herein shall not be deemed to grant a license to any third party. Santander 3#4Index 1 2 3 4 5 Financial system Strategy and business Santander Results Concluding remarks Appendix 4#5Total credit portfolio grew, with good performance in loans to individuals and SMEs Total loans (Constant € bn¹) 851 897 918 952 973 YOY (%) 16.3% 16.6% 17.8% 16.8% 16.1% Sep-21 Dec-21 Mar-22 Jun-22 Aug-22 Total customer funds (Constant € bn 1,2) 1,911 1,985 1,944 2,044 2,090 10.8% YOY 9.7% 9.1% 9.9% 8.5% (%) Sep-21 Dec-21 Mar-22 Jun-22 Aug-22 Total loans continued to grow (+16.8% YoY) driven by privately-owned banks (+19.1% YoY) By segment, credit to individuals continued its strong growth (+20.7% YoY), driven mainly by credit cards, mortgages, personal loans and agribusiness loans. Meanwhile, corporate and SME loans grew at a solid pace (+11.5% YoY), mainly boosted by SMEs (+14.4% YoY) Funding from customers increased 13.9% YoY, while mutual funds rose 6.6% YoY Source: Central Bank of Brazil. Santander (1) End period exchange rate as of Aug-22. (2) Total Deposits+ mutual funds + other funding (debentures, real estate credit notes - LCI, agribusiness credit notes - LCA, financial bills (letras financeiras) and Certificate of Structured Transactions - COEs). 5#6Index 1 2 3 4 5 Financial system Strategy and business Santander Results Concluding remarks Appendix 6#7Santander Brasil has a solid strategy, which benefits from being part of a large international group 9M'22 YoY Var.6 Strategic Priorities KEY DATA Customer loans¹ €98.0bn +10.5% Customer funds² €126.4bn +2.2% Underlying att. Profit €2,027mn -1.5% ROTE³ 26.8% -1.4pp Efficiency ratio 31.1% +1.8pp Loans market share4 9.5% -98bps Deposits market share 4,5 10.6% +24bps Total customers 57.7mn +11.5% Digital customers 19.9mn +9.1% Branches 2,903 -1.3% 00 Employees 53,699 +12.2% Santander Expand our customer base and profitability, with robust new customer acquisition dynamics and steady loyalty growth Build a more integrated distribution platform, a benchmark in the market, to strengthen connectivity between businesses ▸ Keep loan quality indicators under control, backed by continuous enhancements to our risk models Consolidate the productivity culture, with a relentless pursuit for operational efficiency Maintain profitability levels by adapting to different scenarios through innovation (1) Gross loans excluding reverse repos. (2) Excluding repos. (3) Adjusted ROTE: adjusted based on Group's deployed capital calculated as contribution of RWAs at 12%. Using tangible equity, ROTE is 20.7%. (4) Loans market share as at Jun-22 and deposits market share as at Mar-22. (5) Including demand, savings and time deposits, LCA (agribusiness notes), LCI (real estate credit notes) and financial bills (letras financeiras). (6) Constant euros. 7#8Sustainable growth of the customer base, with a significant increase in loyal customers Total customers (mn) Loyal customers (mn) Digital customers (mn) +11% +14% +9% 57.7 8.6 51.8 19.9 7.5 18.2 Sep-21 Sep-22 Sep-21 Sep-22 Sep-21 Sep-22 Digital sales/total¹: 54% (+1 pp YoY) ▸ Integrated sales channels combined with a personalized offering for each customer profile allow us to enhance customer experience ‣ 68% of new customer acquisitions made through digital channels ▸ Mobile customers: +9% YoY ▸ Focus on enhancing customer experience by streamlining offerings and processes (1) YTD year data. Santander 8#9Opportunities related to innovation through service expansion and business profitability Mortgage Growth of 8% YoY' in the individuals portfolio Share of Digital originations for individuals: c.10% in Q3'22 UseCasa (Home-Equity) Consumer Finance Market share of 23% in loans to individuals in Aug-22 28% of new financing contracts issued by Santander Financiamentos acquire insurance through Santander Auto Insurance Ecosystem Growth of 23% YoY³ in insurance renewals Increase of 24% YoY³ in digital capitalization contracts 1$ Growth of 22% Individuals YoY¹ in individuals portfolio portfolio has a 23% market share² Agro Complete offering Agro ecosystem by providing comprehensive solutions along the entire chain, from equipment financing support to agricultural lending >))) Innovative products & services Select Repositioning Service available to all customers AAA (Associate Allocation Advisor) Strengthening the investment platform ComFiança Insurance Offering Unpaid rent insurance and personal accident insurance for MEI customers helpS Assistance Service Expansion into Gamers/Tech and motorcycles Growth of 37% YoY³ in the gross premiums of Auto Compara (1) Sep-22 vs. Sep-21. Santander (2) Jul-22. (3) Q3'22 vs. Q3'21. (4) Internet Banking, Santander App, Way and Portal. 9#10Further embedding ESG to build a more responsible bank Social: building a > Environmental: supporting the green transition R$21.1bn Socio-environmental business Santander We have been Carbon Neutral since 2010 more inclusive society PROSPERA R$2.4bn Prospera portfolio 174k people helped¹ NET ZERO commitment in 2050 >1.6mn 26% 54% market share of RenovaBio financially empowered people 2019-H1′22 women in senior positions Santander Governance: doing business the right way A strong culture Simple, Personal, Fair Governance embedded to deliver on ESG Taking ESG criteria into account when determining remuneration 27% women on the board Note: 8M'22 data, unless otherwise stated. (1) People helped through our social programmes (volunteering, "Brasil Sem Fome" campaign, "Doação de Sangue" campaign, "Parceiro do Idoso" Programme and "Amigo de Valor" Programme). 10#11Loans rose 10% YoY and 4% QoQ mainly due to individuals, SMEs and Corporates Total customer loans (Constant €bn)1 98.0 Sep-22 Sep-21 YoY (%) QoQ (%) 88.7 91.5 91.3 94.5 Individuals² 41.7 38.0 10.0 2.3 o/w Mortgages 11.0 10.2 7.8 2.1 o/w Consumer Credit 14.2 13.5 5.0 1.4 o/w Cards 7.2 6.9 4.1 -2.0 Consumer Finance 11.3 10.8 4.9 1.8 SMES 10.9 10.0 8.5 2.2 Corporates & Institutions³ 34.1 30.0 13.7 6.7 Total customer loans 98.0 88.7 10.5 3.7 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Santander Group criteria. (1) Excludes reverse repos. End period exchange rate as at Sep-22. (2) Includes Private Banking. (3) Includes Corporate, Institutions, CIB and other. 11#12Customer deposits increased 6% YoY and 1% QoQ, as time deposit growth more than offset the decrease in demand deposits Total customer funds (Constant € bn) 1 123.7 125.6 126.1 126.4 Sep-22 Sep-21 YoY (%) QoQ (%) 122.4 Demand 18.8 19.6 -4.3 -3.4 Time 61.2 56.0 9.2 2.0 Total deposits 79.9 75.6 5.7 0.6 Mutual Funds 46.5 48.1 -3.2 -0.4 Total customer funds 126.4 123.7 2.2 0.3 2 Letras 17.8 12.3 44.9 3.6 Customer funds + Letras 144.2 136.0 6.1 0.7 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Santander Group criteria (1) Excluding repos. End period exchange rate as at Sep-22. (2) Includes real estate credit notes (LCI), agribusiness credit notes (LCA), secured real estate notes (LIG) and financial bills. 12#13Index Santander 1 2 Financial system Strategy and business 3 4 Results Concluding remarks 5 Appendix 13#14NII fell 1% YoY as higher volumes and spread management were not enough to offset the initial negative sensitivity to interest rate hikes Net interest income (Constant € mn)1 Yields and Costs (%) 2,359 2,454 2,303 2,190 2,180 14.36% 14.89% Yield on loans 14.81% 13.25% 12.20% Cost of deposits 8.52% 7.22% 6.15% 4.57% 3.06% Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 NII/Average total assets 5.28% 5.34% Official interest rate² 5.25% 8.30% Differential 5.04% 4.75% 4.62% 9.1pp 8.7pp 8.2pp 7.7pp 6.3pp 10.58% 12.47% 13.57% (1) Average exchange rate as at 9M'22. Santander (2) Quarterly average. 14#15Net fee income rose 2% YoY mainly due to higher transactionality, supported by customer base growth. 5% decrease QoQ, mainly impacted by cards Net fee income (Constant € mn)1 9M'22 9M'21 YoY (%) QoQ (%) Transactional fees 1,331 1,279 4.1 -7.6 Payment methods 555 477 16.4 -10.0 Foreign exchange 227 192 18.4 -8.4 823 827 788 798 currencies 786 Account admin + Packs 437 467 -6.4 -6.2 plans Other transactional 112 143 -21.8 0.7 Investment and pension 130 151 -14.0 -2.1 funds Insurance 555 588 -5.7 14.3 Securitites and custody 83 138 -39.6 -27.7 services Other 313 217 44.0 -19.2 Total net fee income 2,412 2,372 1.7 -5.0 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 (1) Average exchange rate as at 9M'22. Santander 15#16Total income increased 2% YoY underpinned by net fee income and gains on financial transactions. Lower fees and gains on financial transactions QoQ from high levels in Q2 Total income (Constant € mn)1 3,264 3,283 3,244 3,251 3,175 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 9M'22 9M'21 YoY (%) QoQ (%) Net interest income 6,672 6,761 -1.3 -0.4 Net fee income 2,412 2,372 1.7 -5.0 Customer revenue 9,084 9,133 -0.5 -1.7 Other² 587 323 81.8 -10.4 Total income 9,671 9,456 2.3 -2.3 (1) Average exchange rate as at 9M'22. Santander (2) Other includes Gains (losses) on financial transactions and Other operating income. 16#17Costs decreased 2% in real terms. In nominal terms, 9% growth impacted by inflation, salary agreement and higher operating expenses related to business growth Operating expenses (Constant € mn)¹ 1,021 1,027 999 980 984 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 (1) Average exchange rate as at 9M'22. Santander 9M'22 9M'21 YoY (%) QoQ (%) Operating Expenses 3,009 2,769 8.7 4.4 Branches (#) 2,903 2,941 -1.3 -1.1 Employees (#) 53,699 47,877 12.2 -0.1 17#18Net operating income remained flat as revenue growth was offset by higher costs Net operating income (Constant € mn)1 9M'22 9M'21 YoY (%) QoQ (%) 2,284 2,262 2,245 2,268 2,148 Total income 9,671 9,456 2.3 -2.3 Operating Expenses (3,009) (2,769) 8.7 4.4 Net operating income 6,661 6,687 -0.4 -5.2 Efficiency ratio 31.1% 29.3% 1.8pp Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 (1) Average exchange rate as at 9M'22. Santander 18#19Credit quality under pressure due to a more challenging environment. LLPs rose YoY driven by retail portfolio growth Net LLPs (Constant € mn) 1 9M'22 9M'21 YoY (%) QoQ (%) 1,132 1,118 Net operating income 6,661 6,687 -0.4 -5.2 915 Loan-loss provisions (3,165) (2,317) 36.6 -1.2 861 863 Net operating income after 3,496 4,370 -20.0 -9.3 provisions NPL ratio 6.63% 4.72% 191bps 29bps Cost of risk² 4.46% 3.60% 86bps 20bps Coverage ratio 89% 112% -22.6pp -3.1pp Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Average exchange rate as at 9M'22. Santander 19 (2) Cost of risk based on allowances for loan-loss provisions over the last 12 months / average loans and advances to customers over the last 12 months.#20Underlying attributable profit fell 1% YoY impacted by higher costs and LLPs, partially offset by the increase in revenue and lower tax burden Underlying Attributable Profit (Constant € mn)1 9M'22 9M'21 YoY (%) QoQ (%) 712 655 660 674 PBT 3,316 4,120 -19.5 -8.0 640 Tax on profit (1,059) (1,828) -42.1 -3.8 Consolidated profit 2,257 2,293 -1.6 -9.7 Minority interests (230) (235) -2.2 -5.8 Underlying attributable 2,027 2,057 -1.5 -10.1 profit Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 (1) Average exchange rate as at 9M'22. Santander Effective tax rate 31.9% 44.4% -12.4pp 20 20#21Index Santander 1 2 Financial system Strategy and business 3 4 Results Concluding remarks 5 Appendix 21#22Sustainable strategy based on earning customer loyalty through our ecosystem and wide-reaching distribution platform Financial System Total loans increased 17% YoY on the back of privately-owned banks Loans continued their strong growth, achieving +21% YoY in individuals and +12% YoY in corporate and SME loans ▸ Total customer funds rose 10% YoY, while mutual funds increased 7% Strategy & Business Innovation in existing products and expansion into new markets through a wider array of services and business profitability Loans rose 10% YoY mainly due to individuals and corporates Customer deposits increased 6% YoY, as time deposit growth more than offset the decrease in demand deposits 001 Results Total income increased 2% YoY underpinned by net fee income and gains on financial transactions Costs decreased 2% in real terms. In nominal terms, growth of 9% impacted by inflation, salary agreement and higher operating expenses related to business growth Credit quality under pressure due to a more challenging environment. LLPs rose YoY driven by retail portfolio growth Underlying attributable profit fell 1% YoY impacted by higher costs and LLPs, partially offset by the increase in revenue and lower tax burden Santander 22#23Index Santander 1 2 3 4 Financial system Strategy and business Results Concluding remarks 5 Appendix 23#24Balance sheet Constant € million¹ Variation Sep-22 Sep-21 Amount % Loans and advances to customers 91,788 84,312 7,476 8.9 Cash, central banks and credit institutions 42,464 35,654 6,809 19.1 Debt instruments 39,873 45,336 (5,462) (12.0) Other financial assets 7,906 7,364 542 7.4 Other asset accounts 14,150 13,211 939 7.1 Total assets 196,182 185,877 10,304 5.5 Customer deposits 94,045 87,930 6,114 7.0 Central banks and credit institutions 26,145 33,102 (6,957) (21.0) Marketable debt securities 24,211 16,878 7,333 43.4 Other financial liabilities 29,301 26,584 2,717 10.2 Other liabilities accounts 6,203 6,109 94 1.5 Total liabilities 179,904 170,603 9,301 5.5 Total equity 16,277 15,274 1,003 6.6 Other managed customer funds 52,573 54,264 (1,691) (3.1) Mutual funds 46,530 48,086 (1,556) (3.2) Pension funds (0) (0) Managed portfolios 6,043 6,178 (135) (2.2) (1) End of period exchange rate as at Sep-22. Santander 24 14#25Income statement Constant € million¹ Variation 9M'22 9M'21 Amount % Net interest income 6,672 6,761 (89) (1.3) Net fee income 2,412 2,372 39 1.7 Gains (losses) on financial transactions 551 383 167 43.7 Other operating income 36 (61) 97 Total income 9,671 9,456 214 2.3 Operating expenses (3,009) (2,769) (240) 8.7 Net operating income 6,661 6,687 (26) (0.4) Net loan-loss provisions (3,165) (2,317) (848) 36.6 Other gains (losses) and provisions (180) (250) 70 (28.1) Underlying profit before tax 3,316 4,120 (804) (19.5) Tax on profit (1,059) (1,828) 769 (42.1) Underlying profit from continuing operations 2,257 2,293 (35) (1.5) Net profit from discontinued operations (0) (0) Underlying consolidated profit 2,257 2,293 (36) (1.6) Non-controlling interests (230) (235) 5 (2.2) Underlying attributable profit to the parent 2,027 2,057 (30) (1.5) (1) Average exchange rate as at 9M'22. Santander 25#26Quarterly income statement Constant € million¹ Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Net interest income 2,156 2,245 2,359 2,454 2,303 2,190 2,180 Net fee income 766 818 788 823 798 827 786 Gains (losses) on financial transactions 154 91 139 57 97 244 210 Other operating income (22) (17) (22) (50) 46 (10) (1) Total income 3,055 3,137 3,264 3,283 3,244 3,251 3,175 Operating expenses (876) (913) (980) (1,021) (999) (984) (1,027) Net operating income 2,179 2,225 2,284 2,262 2,245 2,268 2,148 Net loan-loss provisions (665) (791) (861) (863) (915) (1,132) (1,118) Other gains (losses) and provisions (116) (32) (102) (120) (122) (37) (20) Underlying profit before tax 1,397 1,402 1,321 1,279 1,208 1,099 1,010 Tax on profit (642) (603) (583) (546) (455) (308) (296) Underlying profit from continuing operations 755 800 738 733 753 791 714 Net profit from discontinued operations (0) Underlying consolidated profit 755 800 738 733 753 791 714 Non-controlling interests (76) (76) (83) (73) (78) (78) (74) Underlying attributable profit to the parent 679 723 655 660 674 712 640 (1) Average exchange rate as at 9M'22. Santander 26#27Thank You. Our purpose is to help people and businesses prosper. Our culture is based on believing that everything we do should be: Simple Personal Fair Santander Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA FTSE4Good