Investor Presentaiton

9M'22 Highlights Total assets under management¹ (€ bn) 402 Total fees generated as % of the Group's total fees² 31% Santander Private Banking o Deploy the best digital tools ROTE 59.5% B:EOE Underlying attributable profit (€ mn) 818 Total contribution to Group's profit³ (€ mn) Total contribution to Group's profit³ Private Banking customers (k) Private Banking collaboration volume Private Banking net new money (€ bn) 1,997 +17% YoY >230 +18% YoY 9.5 Santander Insurance Santander Asset Management net sales (€ bn) -2.8 288 Insurance Gross written premiums +24% YoY Santander ■ Increase customer base penetration ESG transversal across our businesses: offer sustainable investment management in our private banking platform, expand our SRI range to help reach our commitment of €100bn AuM by 2025, work towards our Net Zero commitments and create a sustainable insurance value proposition. (1) Total assets marketed and/or managed. Private Banking + SAM excluding AuM of Private Banking customers managed by SAM.. (2) Including fees generated by asset management and insurance transferred to the commercial network. 35 MBPL Banco forma p MELHOR BANCO DO AND \FGV 2021 WM&I Wealth Management & Insurance 'We strive to become the best responsible wealth and insurance manager in Europe and the Americas' Santander Asset Management Strategic priorities Continue to build our global platform 。 Expand and develop our product and service proposition Renew or improve our top 3 position as Best Global Private Bank according to Euromoney (clients up to $250mn) ■ Continue to be the preferred funds partner for our retail network • Complete the creation of the global hubs o Expand the One Investments model and methodologies • Work to complete the implementation of our digital funds distribution platforms Optimize our customer service by completing our digital proposition using customer data Manage our portfolio to extend policy life EUROMONEY ✶ PRIVATE BANKING 2022 * PRIVATE BEST P BANK AWARD 2022 GLOBAL FINANCE Pum The Banker GLOBAL PRIVATE BANKING AWARDS 2021 BEST PRIVATE BANK IN MEXICO XXXIII Premios Fondos 2022 Expansión allfunds PREMIO SALMÓN 2022 DIARIO FINANCIERO' LVAINDICES (3) Profit after tax + net fee income generated by this business and excluding insurance one-offs in 2021. Otherwise, +6%. More information at https://www.santander.com/en/about-us/where-we-are/wealth-management-insurance

View entire presentation