Retail Banking Performance Update

United States (USD 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 1,578 1,567 1,569 1,548 1,546 1,597 1,684 1,627 -3.4% 6,263 6,453 +3.0% Net fee income 290 231 204 200 221 210 193 186 -3.6% 925 811 -12.3% Gains (losses) on financial transactions and other 390 383 372 269 265 165 135 183 +35.4% 1,414 749 -47.0% Total revenue 2,258 2,181 2,146 2,016 2,032 1,972 2,012 1,997 -0.8% 8,601 8,013 -6.8% Operating expenses (901) (945) (960) (973) (895) (942) (960) (985) +2.6% (3,778) (3,783) +0.1% Net operating income 1,358 1,236 1,185 1,044 1,137 1,030 1,052 1,012 -3.8% 4,823 4,231 -12.3% Net loan-loss provisions (199) 11 (350) 43 (287) (362) (527) (658) +24.9% (495) (1,833) +270.3% Other gains (losses) and provisions (18) 18 (7) (130) (22) 9 (5) (2) -51.4% (137) (21) -84.9% Underlying profit before tax 1,141 1,265 828 957 828 677 520 351 -32.5% 4,191 2,377 -43.3% Underlying consolidated profit 867 963 673 742 654 536 390 294 -24.8% 3,245 1,875 -42.2% Underlying attributable profit 720 790 561 590 654 536 390 294 -24.8% 2,661 1,875 -29.6% Santander 40 40

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