22 May 2024

SANTANDER UK GROUP HOLDINGS PLC

RNS ANNOUNCEMENT

PUBLICATION OF OFFERING MEMORANDUM

The following document has been approved by the International Securities Market of the London Stock Exchange on 22 May 2024 and is available for viewing:

Offering Memorandum dated 22 May 2024 (the "Offering Memorandum") relating to the issuance of £400,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Capital Securities (the "Securities") by Santander UK Group Holdings plc.

http://www.rns-pdf.londonstockexchange.com/rns/5255P_1-2024-5-22.pdf

The Securities are fully subscribed by Banco Santander, S.A. and were priced on 26 April 2024 with an initial distribution rate of 8.750%. Application has been made for the Securities to be admitted to trading on the International Securities Market of the London Stock Exchange with effect from 23 May 2024.

The Offering Memorandum in relation to the Securities will be available at: https://www.santander.co.uk/about-santander/investor-relations/capital-issuances.

For further information, please contact:

Medium Term Funding

Santander UK Group Holdings plc
2 Triton Square
Regent's Place
London NW1 3AN

Email: [email protected]

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Offering Memorandum may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Memorandum) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Memorandum is not addressed.  Prior to relying on the information contained in the Offering Memorandum, you must ascertain from the Offering Memorandum whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

The Offering Memorandum on this website does not constitute an offer of securities for sale in the United States. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under any relevant securities laws of any state of the United States of America, and may not be offered or sold in, the United States of America, or to, or for the benefit of, U.S. persons (as defined in Regulation S of the Securities Act), unless the securities are registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available.