Banco Santander S.A. — Director's Dealing 2021

Dec 17, 2021

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, ANA PATRICIA BOTIN-SANZ DE SAUTUOLA Y O´SHEA, EXECUTIVE CHAIRMAN OF THE ISSUER.	S.L.U., PERSON CLOSELY ASSOCIATED WITH MS
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 Identification code	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINK TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037).
b)	Nature of the transaction	EUROPEAN CALL OPTION ON 2,164,502 SANTANDER'S SHARES, EXERCISABLE AT MATURITY, WITH A STIKE PRICE OF 3.25 EUROS.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		3.25 EUR	2,164,502

d)	Aggregated information	TRANSACTION CARRIED OUT IN FINANCIAL INSTRUMENT LINK TO ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037).
	- Aggregated volume
	- Price	Price	Volume
		3.25 EUR	2,164,502
e)	Date of the transaction	2021-12-15
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	ORDINARY SHARES OF 0.50 EURO NOMINAL
	instrument, type of instrument	VALUE (ISIN: ES0113900037)
	Identification code
b)	Nature of the transaction	PURCHASE
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		2.66 EUR	500,000
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL
		VALUE (ISIN: ES0113900037):
	- Aggregated volume	Price	Volume
		2.66 EUR	500,000
	- Price
e)	Date of the transaction	2021-12-15

f)	Place of the transaction	XMAD