2023 Highlights Digital Consumer Bank Europe

All time high attributable profit boosted by double-digit net operating income growth P&L € million 2023 2022 Current % Constant % Delivered on Group 2023 targets NII 43,261 38,619 12 16 Double-digit revenue growth Net fee income 12,057 11,790 2 Other income 2,329 1,745 33 11 Efficiency ratio improvement YoY Total revenue 57,647 52,154 11 13 Operating expenses -25,425 -23,903 6 10 Record net operating income Net operating income 32,222 28,251 14 16 LLPs -12,458 -10,509 19 19 COR <1.2% Other results* -3,066 -2,492 23 34 ROTE >15% Attributable profit 11,076 9,605 15 18 Santander Note: underlying P&L. (*) Including the temporary levy in Spain (-€224mn) in Q1'23. 50

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