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

Feb 19, 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 MR JAVIER MALDONADO TRINCHANT
2	Reason for the notification
a)	Position/status	GROUP 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	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 VALUE (ISIN: ES0113900037)
	Identification code
b)	Nature of the transaction	OTHER: SHARES GRANTED UNDER REMUNERATIONS PLANS
c)	Price(s) and volume(s)
		Price(s)*	Volume(s)
		-	12,749 1

		-	10,831 2
		-	5,596 3
		-	19,490 4
		-	17,436 5
		-	16,221 6
		WHICH THE SHARES WERE DELIVERED (16 FEBRUARY 2021) WAS EUR 2.91. 1 OF THE DEFERRED AND CONDITIONAL VARIABLE REMUNERATION PLAN. 2 OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN. 3 SHARES GRANTED UNDER THE SECOND CYCLE OF THE DEFERRED MULTIYEAR 4 OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN. 5 OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN. 6	*THE OPENING SHARE PRICE ON THE DAY ON SHARES GRANTED UNDER THE FIFTH CYCLE SHARES GRANTED UNDER THE FIRST CYCLE OBJECTIVES VARIABLE REMUNERATION PLAN. SHARES GRANTED UNDER THE THIRD CYCLE SHARES GRANTED UNDER THE FORTH CYCLE SHARES GRANTED UNDER THE FIFTH CYCLE
		OF THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLAN.
d)	Aggregated information	ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE (ISIN: ES0113900037):
	- Aggregated volume	Price	Volume
	- Price	-	82,323
e)	Date of the transaction	2021-02-16
f)	Place of the transaction	XMAD