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

Feb 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:
		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 CRONJE, S.L.U. (MEMBER OF THE
		SHAREHOLDERS´ AGREEMENT) OF 1,000,000
		SHARES ON 30 JANUARY 2020.
c)	Price(s) and volume(s)

		Price(s)	Volume(s)
		3.64	50,000
		3.65	250,000
		3.66	400,000
		3.67	150,000
		3.68	125,000
		3.69	25,000
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900037): VALUE
	- Aggregated volume	Price	Volume
	- Price	3.66€	1,000,000
e)	Date of the transaction	2020-01-30
f)	Place of the transaction	XMAD