Santander Financial Performance Update

SHUSA QUARTERLY PROFITABILITY Q1 results driven by strong PPNR, better credit performance and disciplined expense management NET INTEREST INCOME ($M) PRE-PROVISION NET REVENUE ($M) $1,228 $1,256 $1,586 $1,621 $1,613 $1,619 $1,539 $1,030 $949 $743 9 1Q20 2Q20 3Q20 4Q20 1Q21 PRE-TAX INCOME ($M) 1Q20 2Q20 3Q20 4Q20 1Q21 $(1,105) NET INCOME ATTRIBUTABLE TO SHUSA 1,2 ($M) $822 $1,180 $748 $650 $733 $386 $(156) 1Q20 $(234) 2Q20 3Q20 4Q20 1Q21 $(127) 1Q20 $(157) I$417 2Q20 3Q20 4Q20 1Q21 12 $(2,082) Net income includes noncontrolling interest ("NCI"). See Appendix for the consolidating income statement. See Appendix for further details L $(1,873) Non-GAAP measure*, Q2 excludes goodwill impairment and Q3 excludes tax consolidation benefit from increased SC ownership and Santander BanCorp ("SBC") sale gains Santander

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