REG - Banco Santander S.A. - Dividend declaration & agreement to call 2025 AGM

Banco Santander SAAnnouncement

26/02/2025 07:00

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RNS Number : 4432Y  Banco Santander S.A.  25 February 2025

Banco Santander, S.A. ("Banco Santander" or the "Bank"), in compliance with
the Securities Market legislation, hereby communicates the following:

INSIDE INFORMATION

 The board of directors of Banco Santander, S.A. has resolved to submit to the
 2025 Annual Shareholders' Meeting, in application of the Bank's current
 shareholder remuneration policy, the approval of the payment against 2024
 results of a final gross cash dividend of €11 cents per share entitled to
 receive dividends. Subject to the approval of the 2025 Annual Shareholders'
 Meeting, the dividend would be payable from 2 May 2025. Thus, the last day to
 trade shares with a right to receive the dividend would be 28 April, the
 ex-dividend date would be 29 April and the record date would be 30 April.

 The 2025 Annual Shareholders' Meeting will be called in the coming days to be
 held on 3 April 2025, on first call, or on 4 April 2025, on second call, with
 the agenda below. The meeting is expected to be held on second call.

 Agenda for the 2025 AGM

1             Annual accounts and corporate management.

1 A      Annual accounts and directors' reports of Banco Santander, S.A.
and of its consolidated group for 2024.

1 B       Consolidated statement of non-financial information for 2024,
which is part of the consolidated directors' report.

1 C       Corporate management for 2024.

2             Application of results obtained during 2024.

3             Board of Directors: appointment and re-election of
directors.

3 A      Setting of the number of directors.

3 B       Re-election of Mr Luis Isasi Fernández de Bobadilla.

3 C       Re-election of Mr Héctor Blas Grisi Checa.

3 D      Re-election of Mr Glenn Hogan Hutchins.

3 E       Re-election of Mrs Pamela Ann Walkden.

3 F       Re-election of Ms Ana Botín-Sanz de Sautuola y O'Shea.

4             Re-election of the external auditor for financial
year 2025.

5             Appointment of the verifier of sustainability
information for financial year 2025.

6             Share capital.

6 A      Reduction in share capital in the maximum amount of EUR
706,871,648, through the cancellation of a maximum of 1,413,743,296 own
shares. Delegation of powers.

6 B       Reduction in share capital in the maximum amount of EUR
757,624,616, through the cancellation of a maximum of 1,515,249,232 own
shares. Delegation of powers.

7             Remuneration.

7 A      Directors' remuneration policy.

7 B       Setting of the maximum amount of annual remuneration to be
paid to all the directors in their capacity as such.

7 C       Approval of maximum ratio between fixed and variable
components of total remuneration of executive directors and other employees
belonging to categories with professional activities that have a material
impact on the risk profile.

7 D      Deferred Multiyear Objectives Variable Remuneration Plan.

7 E       Application of the Group's buyout regulations.

7 F       Annual directors' remuneration report (consultative vote).

8             Authorisation to the board and grant of powers for
conversion into public instrument.

 

 

Boadilla del Monte (Madrid), 25 February 2025

 

IMPORTANT INFORMATION

Does Not Constitute an Offer of Securities

Neither this document nor the information contained herein constitutes an
offer to sell or a solicitation of an offer to purchase securities.

Past Performance Is Not Indicative of Future Results

Statements regarding historical performance or growth rates are not intended
to imply that future performance, stock price, or future results (including
earnings per share) for a given period will necessarily match or exceed those
of a previous period. Nothing in this document should be construed as a profit
forecast.

 

 

 

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