Retail Banking Performance Update

Chile (Constant EUR mn) Change Change Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q4'22/Q3'22 2021 2022 2022/2021 Net interest income 473 482 465 521 477 544 411 340 -17.3% 1,940 1,772 -8.7% Net fee income 90 90 103 103 111 108 121 129 +6.2% 386 468 +21.3% Gains (losses) on financial transactions and other 21 29 12 15 54 42 56 56 +0.6% 77 209 +171.1% Total revenue 584 600 579 639 642 694 588 525 -10.7% 2,403 2,449 +1.9% Operating expenses (224) (231) (227) (239) (231) (250) (252) (247) -1.7% (922) (981) +6.4% Net operating income 360 369 352 399 411 444 336 277 -17.5% 1,481 1,468 -0.9% Net loan-loss provisions (95) (77) (83) (78) (94) (108) (87) (110) +26.5% (334) (399) +19.5% Other gains (losses) and provisions (1) 4 (5) (13) 1 (18) (0) 9 (15) (8) -49.3% Underlying profit before tax 263 297 264 308 319 317 249 177 -29.0% 1,132 1,062 -6.2% Underlying consolidated profit 211 231 205 259 264 287 231 173 -25.1% 907 956 +5.4% Underlying attributable profit 145 159 141 178 185 200 163 129 -21.0% 622 677 +8.8% Santander 52

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