Non-GAAP to GAAP Reconciliations

19 Rating Agencies STANDARD & POOR'S On August 9, 2018, S&P affirmed SHUSA's ratings at BBB+/A-2 and SBNA's ratings at A-/A-2. The outlook for both remains Stable. MOODY'S On December 14, 2017, Moody's upgraded SBNA's long-term rating by 1 Fitch Ratings notch from Baa2 to Baa1. SHUSA's rating remained at Baa3. On July 15, 2019, Fitch affirmed the ratings for SHUSA and SBNA at BBB+/F-2 and the outlook at Stable. SBNA SHUSA SANTANDER July 2019 S&P Moody's Fitch S&P Moody's Fitch S&P Moody's Fitch Short Term A-2 P-1 F-2 A-2 N/A F-2 A-1 P-1 F-2 Deposits Long-Term A-2 A2 A- N/A N/A N/A A-1 A2 22 A- Deposits Senior Debt A- Baa1 BBB+ BBB+ Baa3 BBB+ A A2 A- Outlook Stable Stable Stable Stable Stable Stable Stable Stable Stable Santander

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