DIVIDENDS

INCREASING DIVIDEND PER SHARE

Total shareholder remuneration from 2017 profit

EUR 22

cents/share

Three of the four envisaged dividends have now been paid: two in cash, each equivalent to 6 euro cents per share, and another of 4 euro cents per share under the Santander Scrip Dividend programme.

The fourth and final dividend charged to FY 2017 is due to be paid in cash in May 2018, and will be equivalent to 6 euro cents per share.

Total shareholder remuneration from 2018 profit*

EUR 23

cents/share

The payment scheme is expected to feature three cash dividends (each equivalent to 6.5 euro cents per share) and one dividend under the Santander Scrip Dividend programme (of 3.5 euro cents per share).

This remuneration represents a 5% increase in the total dividend per share vs. 2017.

TOTAL SHAREHOLDER REMUNERATION FROM 2019 PROFIT*

The board of directors proposes full payment of the dividend in cash and in just two payments (November and May).

*Subject to the approval of the board of directors and subsequent ratification at the Annual General Meeting.

Dividend yield