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On 13 May 2026, Fitch Ratings upgraded Banco Santander, S.A.'s long-term rating from A to A+ with a stable outlook, affirming its short-term rating at F1. Fitch also upgraded the long-term ratings of Santander subsidiaries, including Santander Totta, from A to A+, and affirmed their short-term ratings at F1. Separately, Santander Totta's long-term deposits rating was upgraded from A+ to AA- and its short-term deposits rating from F1 to F1+.
| Date | 13 May 2026 |
| Time | 15:03:46 |
| Category | Miscellaneous |
| ID | 2127E |
Banco Santander, S.A. ("Santander" or the "Bank"), in compliance with the Securities Market legislation, hereby communicates the following:
OTHER RELEVANT INFORMATION
As part of Fitch Ratings ("Fitch") methodology review, action has been taken on Santander's long-term rating, upgrading it from A to A+. Outlook is stable. Short-term rating is affirmed at F1.
The long-term rating of Santander subsidiaries, Banco Santander Totta, S.A. ("Santander Totta"), Santander Consumer Finance, S.A., Santander Consumer Bank AG and Santander Consumer Bank AS has also been upgraded from A to A+. Outlook is stable. Short-term rating is affirmed at F1.
Santander Totta's long and short-term deposits ratings have been upgraded from A+ to AA-, and from F1 to F1+.
Boadilla del Monte (Madrid),13 May 2026
IMPORTANT INFORMATION
Not a securities offer
This document and the information it contains does not constitute an offer to sell nor the solicitation of an offer to buy any securities.