Banco Santander acquisitions, on the record

Word for word“We completed the acquisition of 80% of WayCarbon, a leading Brazil-based ESG consultancy firm to continue to support our customers in their energy transition.” 20-F for 2022

Word for word“In line with our strategy to allocate capital to the most profitable businesses, in 2022: • SHUSA completed the acquisition of the common stock of Santander Consumer USA (SC USA); • Santander US completed the acquisition of Amherst Pierpont Securities, improving our strategic focus and competitiveness with greater cost synergies; • Santander US discontinued mortgage and home equity originations to focus efforts on products, services and digital capabilities that have greater growth potential; • the Group announced plans to repurchase the outstanding shares of Santander México that it does not already own (3.76%) and delist them from the Mexican and the New York Stock Exchanges.” 20-F for 2022

Word for word“In November, we acquired MCE Bank Germany establishing a partnership with Emil Frey, Europe's largest auto importer, gaining its captive finance for Mitsubishi, Isuzu, Great Wall and ORA brands for the German market.” 20-F for 2022

Word for word“In WM&I, we continued our retail investment plan and we completed the full acquisition of Toro.” 20-F for 2023

Word for word“Santander Asset Management acquired BNP Paribas's Asset Management business in Argentina, consolidating our leadership position in the market.” 20-F for 2023

Word for word“We acquired an unregulated consumer finance company with more than 30 points of sale in the Buenos Aires metropolitan area.” 20-F for 2023

Word for word“The merger of Amherst Pierpont Securities (APS) and Santander Investment Securities (SIS) to create Santander US Capital Markets (SanCap), a key element in the reorganization and globalization of the Markets business and the growth of the US franchise.” 20-F for 2023