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

Feb 18, 2020

ANNEX

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR. JOSE MARIA LINARES PEROU.
2	Reason for the notification
a)	Position/status	SENIOR EXECUTIVE VICE-PRESIDENT
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	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 Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037) VALUE
b)	Nature of the transaction	8,888 SHARES GRANTED UNDER THE SECOND CYCLE OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN. 12,824 SHARES GRANTED UNDER THE THIRD CYCLE OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN. 87,876 SHARES GRANTED UNDER THE FORTH CYCLE OF THE DEFERRED MULTIYEAR

c)	Price(s) and volume(s)
		Price(s)*	Volume(s)
		3,91 EUR	8,888
		3,91 EUR	12,824
		3,91 EUR	87,876
		WHICH THE SHARES WERE DELIVERED (13 FEBRUARY 2020) WAS EUR 3,91.	*THE OPENING SHARE PRICE ON THE DAY ON
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	3,91 EUR	109,588
e)	Date of the transaction	2020-02-13
f)	Place of the transaction	XMAD