• The ECB set Banco Santander's minimum CET1 requirement at 9.92% from January 1, 2027, up from 9.85%.
• The minimum total capital requirement rises to 14.14% from 14.11%.
• Pillar 2 requirements fall to 1.65% from 1.74% as supervisory add-ons for nonperforming exposure provisioning cease to apply.
• A higher countercyclical capital buffer more than offsets the Pillar 2 reduction.
• September 30, 2026, CET1 and total capital ratios stood at 12.69% and 17.01%, respectively, exceeding the new requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Santander SA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.