Annual Integrated Report slide image

Annual Integrated Report

66 Compensation and benefits Our salary and variable compensation policy follows the best market practices and is compliant with both local legislation and the global premises of the Santander Group. We recognize individual and collective achievements based solely on technical standards, without ever discriminating against ethnicity, gender, sexual orientation, or any other personal condition. Since 2020, the topic of risk culture has been incorporated into the performance review of all employees Our variable compensation models encourage and recognize good performance through tools and indicators that align the interests of shareholders, employees, and customers. We have established specific ESG-related goals, including sustainable business practices, as part of our performance review process for executives and employees across various hierarchical levels. These goals directly impact the variable compensation of our senior leadership, as outlined in the Governance chapter. Social and environmental performance targets are also a performance indicator and may have an impact on variable compensation, depending on the scope of the position. Regarding benefits, we offer a package aimed at attracting and retaining talented individuals, fostering engagement, and improving productivity. The package includes private pension plans, scholarships for children with intellectual disabilities, meal and food allowance, and funeral aid. negotiating committee. All Bank employees adhere to the rules and conditions set forth in this agreement. Health and safety [403-9; 403-10] Ensuring the physical and mental health, safety, and well-being of our employees is crucial to maintaining a healthy and safe work environment. In 2022, we reinforced our commitment to this issue by launching the Global Health, Safety, and Wellness Policy Be Healthy The global Be Healthy program fosters a culture of wellness by catering to the diverse needs and circumstances of our employees and their families. This initiative is founded on the following four pillars: Know your health indicators Keep track of your personal health indicators and establish improvement challenges, thereby mitigating potential health risks Annual Integrated Report Table of Contents Introduction Value Creation | Economic Performance | Environmental Social Governance Appendices www.ginastica.net Stocorunning bp 5146 641 4813 BUN 5056 5135 5082 Be Healthy Halthy ua atitus www.gastica met www.gir stica.net 4104 RUN Flexible work Flexiworking comprises a set of practices that assist our employees in achieving a harmonious balance between their professional, personal, and family lives. Some of the implemented measures include: • Staggered hours: the employee's working hours can be adjusted based on his or her personal preferences and the requirements of his or her field of activity. This implies adherence to customer service hours (if applicable), internal support hours, and full- time work hours. • Flexible vacation: vacation time may be divided into up to three periods, provided that the vesting period is observed. • Work-hours management: to ensure adequate working conditions for employees, meal and rest breaks are strictly enforced, and overtime must not exceed two hours per day, pursuant to current legislation. • In January of 2023, we formalized two days per week of remote work for administrative positions. Freedom of union association [2-30] The Collective Bargaining Agreement establishes the conditions for free unionization of our employees. We are signatories to the Collective Bargaining Agreement for bank employees and actively participate, as permanent members, of the employers' Balance your mind Embrace positive attitudes and make choices that contribute to mental balance Move around Abandon a sedentary lifestyle and move periodically to improve your quality of life VICTOR IS NO SE FOR Eat well Make smart choices for healthier eating RUN RUN Santander 67 RUN 4781
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