First interim dividend for the profits of 2017

MATERIAL FACT

Banco Santander, S.A. hereby announces that on 4 August it will pay the first interim dividend against 2017 profit. This dividend will be paid for the gross amount of EUR 0.06 per share. The last day to trade shares with a right to collect this dividend will be Tuesday, 1 August. The ex-dividend date will be Wednesday, 2 August.

Holders of the new shares to be issued in connection with the capital increase announced today will be entitled to the aforementioned interim dividend.

Boadilla del Monte (Madrid), 3 July 2017