Banco Santander S.A. — Director's Dealing 2016

Dec 27, 2016

ANNEX

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO:
		SHAREHOLDERS´ AGREEMENT.
		SHAREHOLDERS´ AGREEMENT NOTIFIED TO
		THE ISSUER AND TO THE SPANISH SECURITIES
		MARKETS COMMISSION ("CNMV") ON 16
		FEBRUARY 2006, AS A MATERIAL FACT.
2	Reason for the notification
a)	Position/status	THIS NOTIFICATION RELATES TO THE
		SHAREHOLDERS´ AGREEMENT.
		MR FRANCISCO JAVIER BOTIN-SANZ DE
		SAUTUOLA Y O´SHEA, CHAIRMAN OF THE
		AFOREMENTIONED AGREEMENT, IS DIRECTOR
		OF THE ISSUER.
b)	Initial notification	INITIAL NOTIFICATION.
	/Amendment
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BANCO SANTANDER, S.A.
b)	LEI	5493006QMFDDMYWIAM13
4		Details of the transaction(s): section to be repeated for (i) each type of instrument;
	(ii) each type of transaction; (iii) each date; and (iv) each place where transactions
	have been conducted
a)	Description of the financial	ORDINARY SHARES OF 0.50 EURO NOMINAL
	instrument, type of instrument	VALUE (ISIN: ES0113900037).
	Identification code
b)	Nature of the transaction	SYNDICATED SHARES TRANSFERRED BY:
		- INVERSIONES ZULU, S.L.U. TO AGROPECUARIA
		EL CASTAÑO, S.L.U.
		- BAFIMAR, S.A. TO CRONJE, S.L.

c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		4.952 €	4,652,7471
		Price(s)	Volume(s)
		4.952 €	8,074,2632
		THE PRICE IDENTIFIED IN THIS SECTION CORRESPONDS TO BANCO SANTANDER, S.A. SHARE CLOSING PRICE AS AT 22 DECEMBER 2016.
		1 SYNDICATED SHARES TRANSFERRED BY INVERSIONES ZULU, S.L.U. TO AGROPECUARIA EL CASTAÑO, S.L.U 2 SYNDICATED SHARES TRANSFERRED BY BAFIMAR, S.A. TO
		CRONJE, S.L.
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037):
	- Aggregated volume	Price	Volume
	- Price	4.952 €	1 -
		1 THE AFOREMENTIONED TRANSACTIONS HAVE BEEN EXECUTED BETWEEN MEMBERS OF THE SHAREHOLDERS´ AGREEMENT.
e)	Date of the transaction	SYNDICATED SHARES TRANSFERRED BY INVERSIONES ZULU, S.L.U. TO AGROPECUARIA EL CASTAÑO, S.L.U: 2016.12.22
		SYNDICATED SHARES TRANSFERRED BY BAFIMAR, S.A. TO CRONJE, S.L.: 2016.12.23
f)	Place of the transaction	OUT OF THE MARKET