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

May 21, 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
	instrument, type of instrument	(ISIN: ES0113900037). VALUE
	Identification code
b)	Nature of the transaction	PURCHASE* BY MR. FRANCISCO JAVIER
		BOTIN-SANZ DE SAUTUOLA RIOS (PERSON
		CLOSELY ASSOCIATED WITH MR
		FRANCISCO JAVIER BOTÍN-SANZ DE
		SAUTUOLA Y O´SHEA) OF 310 SHARES ON 17

		MAY 2019.
		PURCHASE* SAUTUOLA RIOS (PERSON CLOSELY 247 SHARES ON 17	BY MR. JORGE BOTIN-SANZ DE ASSOCIATED WITH MR FRANCISCO JAVIER BOTÍN-SANZ DE SAUTUOLA Y O´SHEA) OF MAY 2019.
		PURCHASE* SAUTUOLA RIOS (PERSON CLOSELY ASSOCIATED WITH MR BOTÍN-SANZ DE SAUTUOLA Y O´SHEA) 203 SHARES ON 17	BY MS. MARTA BOTIN-SANZ DE FRANCISCO JAVIER OF MAY 2019.
		PURCHASE* BY MS. ANA ALEJANDRA CLOSELY ASSOCIATED WITH MR FRANCISCO JAVIER BOTÍN-SANZ DE SAUTUOLA Y O´SHEA) MAY 2019.	BOTIN-SANZ DE SAUTUOLA RIOS (PERSON OF 129 SHARES ON 17
		* PURCHASE MADE UNDER PLAN TO REINVEST DIVIDENDS IN SHARES.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		4.23€	310
		4.23€	247
		4.23€	203
		4.23€	129
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	4.23€	889
e)	Date of the transaction	2019-05-17

f)	Place of the transaction	XMAD