Retail Banking Performance Update

Well-funded, diversified, prudent and highly liquid balance sheet (large % contribution from customer deposits), reflected in solid liquidity ratios Liquidity Balance Sheet € bn, Dec-22 1,442 1,442 Liquidity Coverage Ratio (LCR) Net Stable Funding Ratio (NSFR) 1 Dec-22 Sep-22 Sep-22 Loans and advances to Customer deposits 1,036 1,025 customers Spain² 148% 185% 118% UK² 157% 166% 132% Securitizations and others Fixed assets & other 88 55 Portugal 133% 149% 126% 187 M/LT debt issuances Financial assets 319 131 Equity and other liabilities Poland 167% 159% 144% 44 ST Funding US 125% 133% 110% Assets Liabilities Mexico 171% 157% 111% HQLAS³ Brazil 127% 139% 114% € bn, Dec-22 HQLAS Level 1 304.5 Chile 202% 201% 120% Argentina 236% 206% 173% HQLAS Level 2 6.9 SCF 241% 168% 111% o/w Level 2A 3.3 Group 152% 170% 121% o/w Level 2B 3.6 Santander Note: Liquidity balance sheet for management purposes (net of trading derivatives and interbank balances). (1) Provisional data. (2) Spain: Parent bank, UK: Ring-fenced bank. (3) 12 month average, provisional data. UT 5

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