Banco Santander S.A. — Director's Dealing 2020

Sep 26, 2020

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 CRONJE, S.L.U.
2	Reason for the notification
a)	Position/status	THIS NOTIFICATION RELATES TO CRONJE, S.L.U., PERSONS CLOSELY ASSOCIATED WITH MS. ANA PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA, CHAIRMAN OF THE ISSUER.
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform,
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 instrument, type of instrument Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINK TO ORDINARY SHARES OF (ISIN: 0.50 EURO NOMINAL VALUE ES0113900037).
b)	Nature of the transaction	EUROPEAN CALL OPTION ON 2,139,800 SANTANDER'S SHARES, EXERCISABLE AT MATURITY, WITH A STIKE PRICE OF 2.1 EUROS.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		2.1 EUR	2,139,800

d)	Aggregated information	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINK TO ORDINARY SHARES OF
		(ISIN: 0.50 EURO NOMINAL VALUE
	- Aggregated volume	ES0113900037).
	- Price	Price	Volume
		2.1 EUR	2,139,800
e)	Date of the transaction	2020-09-23
f)	Place of the transaction	XOFF

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	TRANSACTION CARRIED OUT IN FINANCIAL
	instrument, type of instrument	INSTRUMENT LINK TO ORDINARY SHARES OF
	Identification code	(ISIN: 0.50 EURO NOMINAL VALUE ES0113900037).
b)	Nature of the transaction	EUROPEAN CALL OPTION ON 1,354,096
		SANTANDER'S SHARES, EXERCISABLE AT
		MATURITY, WITH A STIKE PRICE OF 2 EUROS.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		2 EUR	1,354,096
d)	Aggregated information	TRANSACTION CARRIED OUT IN FINANCIAL
		INSTRUMENT LINK TO ORDINARY SHARES OF
	- Aggregated volume	(ISIN: 0.50 EURO NOMINAL VALUE
		ES0113900037).
		Price	Volume
	- Price

		2 EUR	1,354,096
e)	Date of the transaction	2020-09-23
f)	Place of the transaction	XOFF

4	have been conducted		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
a)	Description of the financial instrument, type of instrument	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037) VALUE
	Identification code
b)	Nature of the transaction	PURCHASE
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		1.57 EUR	5,000
		1.55 EUR	175,000
		1.54 EUR	20,000
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	1.55 EUR	200,000
e)	Date of the transaction	2020-09-25
f)	Place of the transaction	XMAD