Banco Santander S.A. — Director's Dealing 2019

Nov 4, 2019

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
		(ISIN: ES0113900037).
	instrument, type of instrument	VALUE
	Identification code
b)	Nature of the transaction	PURCHASE BY AGROPECUARIA EL CASTAÑO,
		S.L.U. (PERSON CLOSELY ASSOCIATED WITH MR
		FRANCISCO JAVIER BOTÍN-SANZ DE SAUTUOLA
		Y O´SHEA) OF 6,000,000 SHARES ON 31 OCTOBER
		2019.

		PURCHASE BY NUEVA AZIL, S.L.U. SHARES ON 31 OCTOBER PURCHASE BY CRONJE, S.L.U. SHAREHOLDERS´ AGREEMENT) OF 1,000,000 SHARES ON 31 OCTOBER	(MEMBER OF THE SHAREHOLDERS´ AGREEMENT) OF 3,000,000 2019. (MEMBER OF THE 2019.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		3.62€	6,000,000
		3.62€	3,000,000
		3.56	35,000
		3.57	45,000
		3.58	195,000
		3.59	105,000
		3.6	40,000
		3.61	180,000
		3.62	220,000
		3.63	55,000
		3.64	95,000
		3.65	30,000
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	3.62€	10,000,000
e)	Date of the transaction	2019-10-31
f)	Place of the transaction	XMAD