Banco Santander S.A. — Director's Dealing 2023

Feb 24, 2023

BANCO SANTANDER, S.A.

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 HECTOR BLAS GRISI CHECA
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER 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 Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900J37) VALUE
b)	Nature of the transaction	SHARES GRANTED FREE OF CHARGE UNDER THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLANS: (I) DEFERRED DELIVERY RELATED TO YEARS 2018, 2019, 2020 AND 2021 WHICH PAYMENT WILL BE EFFECTED IN 2023, AND (II) IMMEDIATE DELIVERY RELATED TO YEAR 2022. THE OPENING SHARE PRICE ON THE DAY ON WHICH THE SHARES WERE DELIVERED (21 FEBRUARY 2023) WAS EUR 3.505.

c)	Price(s) and volume(s)
		Price(s)*	Volume(s)
		-	4,370
		-	5,676
		-	24,187
		-	48,462
		-	216,964
d)	Aggregated information	Price	Volume
	- Aggregated volume	-	299,659
	- Price
e)	Date of the transaction	2023-02-21
f)	Place of the transaction	XMAD

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	THIS NOTIFICATION RELATES TO MR HECTOR BLAS GRISI CHECA
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER 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 Identification code	ORDINARY SHARES OF 0.50 EURO NOMINAL (ISIN: ES0113900J37) VALUE
b)	Nature of the transaction	THE DEFERRED MULTIYEAR OBJECTIVES VARIABLE REMUNERATION PLANS: DEFERRED DELIVERY RELATED TO YEARS 2017, 2018, 2019 AND WILL BE EFFECTED IN 2023. THE SHARES MXN 60.08.	SHARES GRANTED FREE OF CHARGE UNDER 2020 WHICH PAYMENT WERE DELIVERED IN MEXICO AT A PRICE OF
c)	Price(s) and volume(s)	Price(s)* - - - -	Volume(s) 14,882 6,272 6,735 30,507
d)	Aggregated information - Aggregated volume - Price	Price -	Volume 58,396
e)	Date of the transaction	2023-02-20

f)	Place of the transaction	XMEX