Dividend Declaration

MATERIAL FACT

Banco Santander, S.A. hereby announces that, in accordance with the resolution approved by the General Shareholders' Meeting held today, on 2 May 2018 it will pay a fourth dividend out of 2017 profit, for a gross amount of EUR 0.06 per share. The last day to trade shares with a right to collect this dividend will be Thursday, 26 April. The ex-dividend date will be Friday, 27 April.

Boadilla del Monte (Madrid), 23 March 2018