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

May 4, 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 MS. HOMAIRA AKBARI.
2	Reason for the notification
a)	Position/status	DIRECTOR OF THE ISSUER.
b)	Initial notification /Amendment	INITIAL NOTIFICATION
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 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)
		2.12 EUR	5,000 *
		2.02 EUR	10,000 **

d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	2.05 EUR	15,000
e)	Date of the transaction	2020-04-29 * 2020-04-30 **
f)	Place of the transaction	NYSE