2022 Earnings Presentation

Total credit portfolio grew, with good performance in loans to individuals and SMEs Total loans (Constant € bn¹) 862 882 914 952 971 YOY (%) 16.6% 17.8% 16.3% 16.4% 14.7% Dec-21 Mar-22 Jun-22 Sep-22 Nov-22 Total customer funds (Constant € bn 1,2) Total loans continued to grow (+14.7% YoY) driven by both privately-owned banks (+15.3% YoY) and public banks (+13.9% YoY). By segment, credit to individuals continued to growth strongly (+18.5% YoY), driven mainly by credit cards, mortgages, personal loans and agribusiness loans. Corporate and SME loans grew at a solid pace (+9.4% YoY), mainly boosted by SMES (+15.3% YoY) while Corporate grew 4.7%. 1,963 2,032 2,052 1,866 1,906 Funding from customers increased 15.5 YoY, while mutual funds rose 7.4% YoY 10.8% YOY 10.8% 11.0% 8.5% 9.1% (%) Dec-21 Mar-22 Jun-22 Sep-22 Nov-22 Santander Source: Central Bank of Brazil. (1) End period exchange rate as of Nov-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

View entire presentation