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Santander Financial Performance

Quarterly income statement Constant € million¹ () Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Net interest income 732 738 751 782 782 824 Net fee income 226 229 216 226 255 274 Gains (losses) on financial transactions 31 13 39 (5) 13 8 Other operating income (38) (31) (33) (28) (31) (29) Total income 950 949 973 975 1,020 1,077 Operating expenses (413) (413) (454) (500) (449) (481) Net operating income 537 537 519 475 571 596 Net loan-loss provisions (252) (222) (226) (156) (190) (177) Other gains (losses) and provisions (6) (7) (1) (7) (27) (25) Underlying profit before tax 280 308 292 313 353 393 Tax on profit (67) (72) (50) (53) (86) (96) Underlying profit from continuing operations 212 236 242 260 267 298 Net profit from discontinued operations Underlying consolidated profit 212 236 242 260 267 298 Non-controlling interests (16) (18) (17) (15) (9) (10) Underlying attributable profit to the parent 196 218 225 245 259 287 Santander (1) Average exchange rate as at 6M'22. 26
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