Banco Santander S.A. — Director's Dealing 2018

Feb 18, 2018

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
		AFOREMENTIONATED 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	(ISIN: ES0113900037). VALUE
	Identification code
b)	Nature of the transaction
		14,018 SHARES GRANTED UNDER THE FOURTH
		CYCLE OF THE DEFERRED AND CONDITIONAL
		VARIABLE REMUNERATION PLAN TO MS. ANA
		PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA
		(MEMBER OF THE SHAREHOLDERS´

		AGREEMENT).
		35,493 SHARES GRANTED UNDER THE FIFTH CYCLE OF THE DEFERRED AND CONDITIONAL VARIABLE REMUNERATION PLAN TO MS. ANA PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA (MEMBER OF THE SHAREHOLDERS´ AGREEMENT). 39,735 SHARES GRANTED UNDER THE FIRST CYCLE OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN TO MS. ANA PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA (MEMBER OF THE SHAREHOLDERS´ AGREEMENT).
		126,615 SHARES GRANTED UNDER THE SECOND CYCLE OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN TO MS. ANA PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA (MEMBER OF THE SHAREHOLDERS´ AGREEMENT).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		5.60*	14,018
		Price(s)	Volume(s)
		5.60*	35,493
		Price(s)	Volume(s)
		5.60*	39,735
		Price(s)	Volume(s)
		5.60*	126,615
		*THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (13 FEBRUARY 2018) WAS EUR 5.60.
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL
		(ISIN: ES0113900037): VALUE
	- Aggregated volume

		Price	Volume
	- Price	5.60	215,861
e)	Date of the transaction	2018-02-13
f)	Place of the transaction	S.I.B.E.