Financial Performance Update Q3'22

Sustainable strategy based on earning customer loyalty through our ecosystem and wide-reaching distribution platform Financial System Total loans increased 17% YoY on the back of privately-owned banks Loans continued their strong growth, achieving +21% YoY in individuals and +12% YoY in corporate and SME loans ▸ Total customer funds rose 10% YoY, while mutual funds increased 7% Strategy & Business Innovation in existing products and expansion into new markets through a wider array of services and business profitability Loans rose 10% YoY mainly due to individuals and corporates Customer deposits increased 6% YoY, as time deposit growth more than offset the decrease in demand deposits 001 Results Total income increased 2% YoY underpinned by net fee income and gains on financial transactions Costs decreased 2% in real terms. In nominal terms, growth of 9% impacted by inflation, salary agreement and higher operating expenses related to business growth Credit quality under pressure due to a more challenging environment. LLPs rose YoY driven by retail portfolio growth Underlying attributable profit fell 1% YoY impacted by higher costs and LLPs, partially offset by the increase in revenue and lower tax burden Santander 22

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