DIVIDENDS

TOTAL SHAREHOLDER REMUNERATION CHARGED TO 2018 PROFIT

Total shareholder remuneration charged to 2018 profit is expected to reach 23 euro cents per share*.
Shareholders are expected to receive this amount via four dividends: three cash dividends and one payment through the Santander Scrip Dividend Scheme.

First
dividend

6.5

euro cents/share

Cash payment
in August 2018.

Second
payment

3.5

euro cents/share

Paid in
November 2018 through
the Santander Scrip Dividend Scheme.

Third
dividend

6.5

euro cents/share

Payment tentatively
on 1 february 2019 as a cash dividend.

Fourth dividend: Banco Santander will publish information relating to the fourth dividend against 2018 results shortly.

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

TOTAL DIVIDEND YIELD