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Banco Santander SA 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

71Reported items
362Asset managers
10,638Fund votes
2026-03-26Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Banco Santander SA in the interactive database Compare manager voting policies

How asset managers voted at the Banco Santander SA 2025-2026 meeting

Each item below shows how the 362 asset managers that disclosed a Banco Santander SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Banco Santander SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. 5D. Annual directors' remuneration report (consultative vote).

SECTION 14A SAY-ON-PAY VOTES

Combines 3 wordings of this item as funds reported it.

99.0% fund support · no official result

FOR 99.0%

The 246 asset managers below cast 99.0% of the shares they voted on this item FOR (677,714,853 for, 6,587,014 against).

FOR: 677,714,853 (99.0%)AGAINST: 6,587,014 (1.0%)ABSTAIN: 83,284 (0.0%)

Largest asset managers voting on “5D. Annual directors' remuneration report (consultative vote).” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	544,052,160	6,078,003	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
Northern Trust	13,363,550	0	For
ENVESTNET ASSET MANAGEMENT INC	11,561,382	0	For
Korea Investment CORP	6,307,845	0	For
John Hancock	4,950,253	0	For
RAYMOND JAMES & ASSOCIATES	3,792,925	0	For
Tidal Trust IV	3,371,741	0	For
Natixis	2,960,244	0	For
WELLS FARGO CLEARING SERVICES, LLC	2,729,294	0	For
Jackson National	2,708,466	0	For
Crake Asset Management LLP	2,450,000	0	For
MAKENA CAPITAL MANAGEMENT LLC	2,450,000	0	For
Edward D. Jones & Co., L.P.	1,927,986	0	For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	1,892,383	0	For
1832 Asset Management L.P.	1,687,566	0	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	1,622,000	0	For
Wilkinson Global Asset Management LLC	1,510,350	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	1,376,759	0	For
Siemens Fonds Invest GmbH	1,353,963	0	For
LPL Financial LLC	1,189,093	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For

Showing the 25 largest of 246 asset managers. See all 246 in the interactive database.

2. Advisory Vote on Remuneration Report

COMPENSATION

100% fund support · no official result

FOR 100%

The 85 asset managers below cast 100% of the shares they voted on this item FOR (2,539,164,159 for, 0 against).

FOR: 2,539,164,159 (100.0%)

Largest asset managers voting on “Advisory Vote on Remuneration Report” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	724,552,504	For
Fidelity	471,187,549	For
Vanguard	462,418,334	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
JPMorgan	98,472,914	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
APG Asset Management US Inc.	36,604,717	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

3. Approve Remuneration Policy

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (2,445,710,825 for, 0 against).

FOR: 2,445,710,825 (100.0%)

Largest asset managers voting on “Approve Remuneration Policy” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	709,800,456	For
Fidelity	471,187,549	For
Vanguard	462,418,334	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
GROUPAMA ASSET MANAGMENT	9,597,574	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

4. Fix Maximum Variable Compensation Ratio

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (2,079,903,836 for, 0 against).

FOR: 2,079,903,836 (100.0%)

Largest asset managers voting on “Fix Maximum Variable Compensation Ratio” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

5. Appoint PricewaterhouseCoopers Auditores as Verifiers for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Appoint PricewaterhouseCoopers Auditores as Verifiers for Sustainability Reporting” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

6. Approve Allocation of Income and Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

7. Approve Buy-out Policy

COMPENSATION

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Buy-out Policy” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

8. Approve Consolidated and Standalone Financial Statements

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Consolidated and Standalone Financial Statements” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

9. Approve Discharge of Board

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Discharge of Board” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

10. Approve Issuance of Shares in Connection with the Acquisition of Webster Financial Corporation

EXTRAORDINARY TRANSACTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Issuance of Shares in Connection with the Acquisition of Webster Financial Corporation” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

11. Approve Non-Financial Information Statement

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.8%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,071,709,460 for, 0 against).

FOR: 2,071,709,460 (99.8%)ABSTAIN: 3,892,086 (0.2%)

Largest asset managers voting on “Approve Non-Financial Information Statement” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

12. Approve Reduction in Share Capital via Cancellation of Treasury Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Approve Reduction in Share Capital via Cancellation of Treasury Shares” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

13. Authorize Board to Ratify and Execute Approved Resolutions

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Authorize Board to Ratify and Execute Approved Resolutions” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

14. Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 10 Percent

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding P” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

15. Authorize Issuance of Convertible Bonds up to EUR 10 Billion with Exclusion of Preemptive Rights up to 10 Percent of Capital

CAPITAL STRUCTURE

99.8% fund support · no official result

FOR 99.8%

The 81 asset managers below cast 99.8% of the shares they voted on this item FOR (2,072,100,082 for, 3,501,464 against).

FOR: 2,072,100,082 (99.8%)AGAINST: 3,501,464 (0.2%)

Largest asset managers voting on “Authorize Issuance of Convertible Bonds up to EUR 10 Billion with Exclusion of Preemptive Rights up to 10 Perc” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
Fidelity	471,187,549	0	For
Vanguard	462,418,334	0	For
BlackRock	353,555,322	0	For
Dodge & Cox	163,186,110	0	For
Capital Group	145,705,210	0	For
TIAA	96,779,340	0	For
Dimensional	66,107,009	0	For
EUPAC FUND	53,435,399	0	For
T. Rowe Price	44,475,193	0	For
JPMorgan	43,242,479	0	For
Columbia Threadneedle	16,991,435	0	For
Invesco	16,495,046	0	For
Legg Mason	12,032,105	0	For
WisdomTree	8,743,312	0	For
American Century	8,492,389	0	For
JANUS INVESTMENT FUND	8,491,683	0	For
DWS	8,074,655	0	For
Equitable	3,204,351	3,256,624	Against
Lazard	6,329,683	0	For
Lincoln Financial	5,729,936	0	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	0	For
Northwestern Mutual	5,470,900	0	For
AQR	5,119,600	0	For
Northern Trust	4,742,213	0	For
Thrivent	4,711,336	0	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

16. Elect Deborah Vieitas as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Elect Deborah Vieitas as Director” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

17. Fix Number of Directors at 15

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Fix Number of Directors at 15” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

18. Reelect Antonio Weiss as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Reelect Antonio Weiss as Director” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

19. Reelect Carlos Barrabes as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Reelect Carlos Barrabes as Director” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

20. Reelect Gina Diez Barroso as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Reelect Gina Diez Barroso as Director” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

21. Reelect Sol Daurella as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Reelect Sol Daurella as Director” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

22. Renew Appointment of PricewaterhouseCoopers as Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 81 asset managers below cast 100% of the shares they voted on this item FOR (2,075,601,546 for, 0 against).

FOR: 2,075,601,546 (100.0%)

Largest asset managers voting on “Renew Appointment of PricewaterhouseCoopers as Auditor” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
Fidelity	471,187,549	For
Vanguard	462,418,334	For
BlackRock	353,555,322	For
Dodge & Cox	163,186,110	For
Capital Group	145,705,210	For
TIAA	96,779,340	For
Dimensional	66,107,009	For
EUPAC FUND	53,435,399	For
T. Rowe Price	44,475,193	For
JPMorgan	43,242,479	For
Columbia Threadneedle	16,991,435	For
Invesco	16,495,046	For
Legg Mason	12,032,105	For
WisdomTree	8,743,312	For
American Century	8,492,389	For
JANUS INVESTMENT FUND	8,491,683	For
DWS	8,074,655	For
Equitable	6,460,975	For
Lazard	6,329,683	For
Lincoln Financial	5,729,936	For
INTERNATIONAL GROWTH & INCOME FUND	5,598,749	For
Northwestern Mutual	5,470,900	For
AQR	5,119,600	For
Northern Trust	4,742,213	For
Thrivent	4,711,336	For

Showing the 25 largest of 81 asset managers. See all 81 in the interactive database.

23. APPROVAL OF THE MAXIMUM RATIO BETWEEN FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION OF EXECUTIVE DIRECTORS AND OTHER EMPLOYEES BELONGING TO CATEGORIES WHOSE PROFESSIONAL ACTIVITIES HAVE A SIGNIFICANT IMPACT ON THE RISK PROFILE

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (128,332,597 for, 0 against).

FOR: 128,332,597 (100.0%)

Largest asset managers voting on “APPROVAL OF THE MAXIMUM RATIO BETWEEN FIXED AND VARIABLE COMPONENTS OF THE TOTAL REMUNERATION OF EXECUTIVE DIR” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
Crake Asset Management LLP	2,450,000	For
MAKENA CAPITAL MANAGEMENT LLC	2,450,000	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
Ethic Inc.	675,408	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
Dynasty Wealth Management, LLC	198,423	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
PARADIGM ASSET MANAGEMENT CO LLC	37,000	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

24. DIRECTORS' REMUNERATION POLICY

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

99.2% fund support · no official result

FOR 99.2%

The 36 asset managers below cast 99.2% of the shares they voted on this item FOR (617,877,255 for, 4,598,132 against).

FOR: 617,877,255 (99.3%)AGAINST: 4,598,132 (0.7%)

Largest asset managers voting on “DIRECTORS' REMUNERATION POLICY” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	545,552,031	4,578,132	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
Crake Asset Management LLP	2,450,000	0	For
MAKENA CAPITAL MANAGEMENT LLC	2,450,000	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
Ethic Inc.	675,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
Harbor ETF Trust	256,119	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
Dynasty Wealth Management, LLC	198,423	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	48,739	0	For
Amplify ETF Trust	43,629	0	For
PARADIGM ASSET MANAGEMENT CO LLC	37,000	0	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

25. AUTHORIZATION TO THE BOARD OF DIRECTORS TO INCREASE THE BANK'S SHARE CAPITAL ON ONE OR MORE OCCASIONS AND AT ANY TIME WITHIN A PERIOD OF THREE YEARS, THROUGH CASH CONTRIBUTIONS AND UP TO A MAXIMUM NOMINAL AMOUNT OF 3,672,329,875.50 EUROS. AUTHORIZATION TO EXCLUDE PRE-EMPTIVE SUBSCRIPTION RIGHTS

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 29 asset managers below cast 99.9% of the shares they voted on this item FOR (122,709,679 for, 47,514 against).

FOR: 122,709,679 (100.0%)AGAINST: 47,514 (0.0%)

Largest asset managers voting on “AUTHORIZATION TO THE BOARD OF DIRECTORS TO INCREASE THE BANK'S SHARE CAPITAL ON ONE OR MORE OCCASIONS AND AT A” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	55,987,373	0	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
Harbor ETF Trust	256,119	0	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	248,593	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	48,739	0	For
Amplify ETF Trust	43,629	0	For
EA Series Trust	4,168	27,514	Against
Innovator ETFs Trust	30,612	0	For
RBC FUNDS TRUST	25,123	0	For
SATURNA INVESTMENT TRUST	0	20,000	Against

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

26. AUTHORIZATION TO THE BOARD OF DIRECTORS TO ISSUE SECURITIES CONVERTIBLE INTO SHARES OF BANCO SANTANDER WITHIN A PERIOD OF FIVE YEARS AND UP TO AN AGGREGATE MAXIMUM LIMIT OF 10,000 MILLION EUROS. SETTING OF THE CRITERIA FOR DETERMINING THE BASIS AND METHODS OF CONVERSION. AUTHORIZATION TO INCREASE

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 29 asset managers below cast 99.9% of the shares they voted on this item FOR (122,709,679 for, 47,514 against).

FOR: 122,709,679 (100.0%)AGAINST: 47,514 (0.0%)

Largest asset managers voting on “AUTHORIZATION TO THE BOARD OF DIRECTORS TO ISSUE SECURITIES CONVERTIBLE INTO SHARES OF BANCO SANTANDER WITHIN ” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	55,987,373	0	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
Harbor ETF Trust	256,119	0	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	248,593	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	48,739	0	For
Amplify ETF Trust	43,629	0	For
EA Series Trust	4,168	27,514	Against
Innovator ETFs Trust	30,612	0	For
RBC FUNDS TRUST	25,123	0	For
SATURNA INVESTMENT TRUST	0	20,000	Against

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

27. INCREASE IN SHARE CAPITAL BY A NOMINAL AMOUNT OF 167,404,608 EUROS, BY MEANS OF THE ISSUANCE OF 334,809,216 NEW SHARES, WITH IN-KIND CONTRIBUTIONS CONSISTING OF COMMON SHARES OF WEBSTER FINANCIAL CORPORATION. AUTHORIZATION TO EXECUTE THE CAPITAL INCREASE AND TO DETERMINE THE SHARE PREMIUM, AND POSSIBILITY OF INCOMPLETE SUBSCRIPTION

EXTRAORDINARY TRANSACTIONS

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 29 asset managers below cast 99.9% of the shares they voted on this item FOR (122,985,226 for, 27,514 against).

FOR: 122,985,226 (100.0%)AGAINST: 27,514 (0.0%)

Largest asset managers voting on “INCREASE IN SHARE CAPITAL BY A NOMINAL AMOUNT OF 167,404,608 EUROS, BY MEANS OF THE ISSUANCE OF 334,809,216 NE” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	55,987,373	0	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	504,140	0	For
Harbor ETF Trust	256,119	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	48,739	0	For
Amplify ETF Trust	43,629	0	For
EA Series Trust	4,168	27,514	Against
Innovator ETFs Trust	30,612	0	For
RBC FUNDS TRUST	25,123	0	For
SATURNA INVESTMENT TRUST	20,000	0	For

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

28. ALLOCATION OF 2025 RESULTS

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “ALLOCATION OF 2025 RESULTS” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

29. ANNUAL ACCOUNTS AND MANAGEMENT REPORTS OF BANCO SANTANDER, S.A. AND OF ITS CONSOLIDATED GROUP FOR 2025

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “ANNUAL ACCOUNTS AND MANAGEMENT REPORTS OF BANCO SANTANDER, S.A. AND OF ITS CONSOLIDATED GROUP FOR 2025” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

30. APPLICATION OF THE GROUP'S BUYOUT REGULATIONS

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “APPLICATION OF THE GROUP'S BUYOUT REGULATIONS” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

31. APPOINTMENT OF THE SUSTAINABILITY INFORMATION VERIFIER FOR FINANCIAL YEAR 2026

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 28 asset managers below cast 99.9% of the shares they voted on this item FOR (122,459,861 for, 48,739 against).

FOR: 122,459,861 (100.0%)AGAINST: 48,739 (0.0%)

Largest asset managers voting on “APPOINTMENT OF THE SUSTAINABILITY INFORMATION VERIFIER FOR FINANCIAL YEAR 2026” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	55,987,373	0	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
Harbor ETF Trust	256,119	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	0	48,739	Against
Amplify ETF Trust	43,629	0	For
EA Series Trust	31,682	0	For
Innovator ETFs Trust	30,612	0	For
RBC FUNDS TRUST	25,123	0	For
SATURNA INVESTMENT TRUST	20,000	0	For
Managed Portfolio Series	17,062	0	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

32. AUTHORIZATION TO THE BOARD AND GRANTING OF POWERS FOR THE FORMALIZATION INTO PUBLIC INSTRUMENT

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “AUTHORIZATION TO THE BOARD AND GRANTING OF POWERS FOR THE FORMALIZATION INTO PUBLIC INSTRUMENT” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

33. CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT FOR 2025, WHICH FORMS PART OF THE CONSOLIDATED MANAGEMENT REPORT

OTHER SOCIAL ISSUES

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 28 asset managers below cast 99.9% of the shares they voted on this item FOR (122,459,861 for, 48,739 against).

FOR: 122,459,861 (100.0%)AGAINST: 48,739 (0.0%)

Largest asset managers voting on “CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT FOR 2025, WHICH FORMS PART OF THE CONSOLIDATED MANAGEMENT REP” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Vote
BlackRock	55,987,373	0	For
Six Circles Trust	32,968,407	0	For
Bridge Builder Trust	17,096,361	0	For
John Hancock	4,950,253	0	For
Tidal Trust IV	3,371,741	0	For
Jackson National	2,708,466	0	For
MARSICO INVESTMENT FUND	1,423,609	0	For
HARBOR FUNDS	1,015,614	0	For
CARILLON SERIES TRUST	872,945	0	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	0	For
Harbor ETF Trust	256,119	0	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	0	For
TOUCHSTONE STRATEGIC TRUST	191,700	0	For
GPS Funds I	188,747	0	For
Series Portfolios Trust	178,866	0	For
Pacer Funds Trust	116,979	0	For
Advisors Preferred Trust	76,499	0	For
Zacks Trust	48,871	0	For
TIMOTHY PLAN	0	48,739	Against
Amplify ETF Trust	43,629	0	For
EA Series Trust	31,682	0	For
Innovator ETFs Trust	30,612	0	For
RBC FUNDS TRUST	25,123	0	For
SATURNA INVESTMENT TRUST	20,000	0	For
Managed Portfolio Series	17,062	0	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

34. CORPORATE MANAGEMENT DURING 2025

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “CORPORATE MANAGEMENT DURING 2025” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

35. RE-ELECTION OF THE EXTERNAL AUDITOR FOR FINANCIAL YEAR 2026

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “RE-ELECTION OF THE EXTERNAL AUDITOR FOR FINANCIAL YEAR 2026” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

36. SETTING OF THE NUMBER OF DIRECTORS

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “SETTING OF THE NUMBER OF DIRECTORS” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

37. SHARE CAPITAL REDUCTION BY A MAXIMUM AMOUNT OF 663,227,913 EUROS, THROUGH THE CANCELLATION OF UP TO 1,326,455,826 OWN SHARES. DELEGATION OF POWERS

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “SHARE CAPITAL REDUCTION BY A MAXIMUM AMOUNT OF 663,227,913 EUROS, THROUGH THE CANCELLATION OF UP TO 1,326,455,” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

38. SHARE CAPITAL REDUCTION BY A MAXIMUM AMOUNT OF 734,465,975 EUROS, THROUGH THE CANCELLATION OF UP TO 1,468,931,950 OWN SHARES. DELEGATION OF POWERS

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (122,508,600 for, 0 against).

FOR: 122,508,600 (100.0%)

Largest asset managers voting on “SHARE CAPITAL REDUCTION BY A MAXIMUM AMOUNT OF 734,465,975 EUROS, THROUGH THE CANCELLATION OF UP TO 1,468,931,” at Banco Santander SA, 2025-2026
Asset manager	For	Vote
BlackRock	55,987,373	For
Six Circles Trust	32,968,407	For
Bridge Builder Trust	17,096,361	For
John Hancock	4,950,253	For
Tidal Trust IV	3,371,741	For
Jackson National	2,708,466	For
MARSICO INVESTMENT FUND	1,423,609	For
HARBOR FUNDS	1,015,614	For
CARILLON SERIES TRUST	872,945	For
TRUST FOR PROFESSIONAL MANAGERS	605,034	For
Harbor ETF Trust	256,119	For
CANTOR SELECT PORTFOLIOS TRUST	199,070	For
TOUCHSTONE STRATEGIC TRUST	191,700	For
GPS Funds I	188,747	For
Series Portfolios Trust	178,866	For
Pacer Funds Trust	116,979	For
Advisors Preferred Trust	76,499	For
Zacks Trust	48,871	For
TIMOTHY PLAN	48,739	For
Amplify ETF Trust	43,629	For
EA Series Trust	31,682	For
Innovator ETFs Trust	30,612	For
RBC FUNDS TRUST	25,123	For
SATURNA INVESTMENT TRUST	20,000	For
Managed Portfolio Series	17,062	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

39. Remuneration Report

COMPENSATION

98% fund support · no official result

FOR 98%

The 22 asset managers below cast 98% of the shares they voted on this item FOR (103,206,183 for, 1,712,568 against).

FOR: 103,206,183 (97.9%)AGAINST: 1,712,568 (1.6%)ABSTAIN: 509,721 (0.5%)

Largest asset managers voting on “Remuneration Report” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Abstain	Vote
Charles Schwab	60,663,561	0	0	For
Union Investment Management GmbH	21,611,797	0	0	For
Prudential/PGIM	4,105,989	0	0	For
Vanguard	3,346,044	0	0	For
Hartford	2,567,575	0	0	For
Federated Hermes	2,468,404	0	0	For
Neuberger Berman	2,100,544	0	0	For
SEI	1,811,662	0	0	For
DOMINI INVESTMENT TRUST	0	1,712,568	0	Against
Empower	1,070,300	0	0	For
Mercer Funds	863,052	0	0	For
Venerable Variable Insurance Trust	737,439	0	0	For
Russell Investments	694,347	0	0	For
Brighthouse	40,845	0	509,721	Abstain
SEI Exchange Traded Funds	500,528	0	0	For
PACE SELECT ADVISORS TRUST	248,284	0	0	For
Equitable	180,212	0	0	For
Advisors' Inner Circle Fund III	102,650	0	0	For
Global X	34,418	0	0	For
Northern Lights Fund Trust IV	27,536	0	0	For
Adviser Managed Trust	27,036	0	0	For
Genus Capital Management Inc.	3,960	0	0	For

40. Buy-Out Policy

COMPENSATION

98% fund support · no official result

FOR 98%

The 21 asset managers below cast 98% of the shares they voted on this item FOR (103,202,223 for, 1,712,568 against).

FOR: 103,202,223 (97.9%)AGAINST: 1,712,568 (1.6%)ABSTAIN: 509,721 (0.5%)

Largest asset managers voting on “Buy-Out Policy” at Banco Santander SA, 2025-2026
Asset manager	For	Against	Abstain	Vote
Charles Schwab	60,663,561	0	0	For
Union Investment Management GmbH	21,611,797	0	0	For
Prudential/PGIM	4,105,989	0	0	For
Vanguard	3,346,044	0	0	For
Hartford	2,567,575	0	0	For
Federated Hermes	2,468,404	0	0	For
Neuberger Berman	2,100,544	0	0	For
SEI	1,811,662	0	0	For
DOMINI INVESTMENT TRUST	0	1,712,568	0	Against
Empower	1,070,300	0	0	For
Mercer Funds	863,052	0	0	For
Venerable Variable Insurance Trust	737,439	0	0	For
Russell Investments	694,347	0	0	For
Brighthouse	40,845	0	509,721	Abstain
SEI Exchange Traded Funds	500,528	0	0	For
PACE SELECT ADVISORS TRUST	248,284	0	0	For
Equitable	180,212	0	0	For
Advisors' Inner Circle Fund III	102,650	0	0	For
Global X	34,418	0	0	For
Northern Lights Fund Trust IV	27,536	0	0	For
Adviser Managed Trust	27,036	0	0	For

Showing the 40 reported items with the widest manager coverage, of 71 in total. View every item.

Largest Banco Santander SA shareholders voting in 2025-2026

Ranked by the number of Banco Santander SA shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 14,689,319,502 shares outstanding at the time of that meeting.

Top Banco Santander SA shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	BlackRock	3.75%
2	Six Circles Trust	0.22%
3	Bridge Builder Trust	0.12%
4	Northern Trust	0.09%
5	ENVESTNET ASSET MANAGEMENT INC	0.08%
6	Korea Investment CORP	0.04%
7	John Hancock	0.03%
8	RAYMOND JAMES & ASSOCIATES	0.03%
9	Tidal Trust IV	0.02%
10	Natixis	0.02%

Percentages above are of 14,689,319,502 shares outstanding, as reported by Banco Santander SA on its Form 20-F dated 2025-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Banco Santander SA’s 20-F dated 2025-12-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Banco Santander SA's shareholder meeting held 2026-03-26, in the 2025-2026 proxy season, 362 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,638 separate fund positions. Their filings are grouped here into 71 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — 5D. Annual directors' remuneration report (consultative vote). — the reporting funds cast 99.0% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Banco Santander SA proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).