Banco Santander S A : Santander launches One Trade Multinacionales to support companies’ cross-border operations

Santander launches One Trade Multinacionales to

support companies' cross-border operations

• The new platform enables companies with foreign subsidiaries to see all their accounts in real time and manage their money better anywhere.
• Spanish companies that have outfits in Brazil, Mexico, Poland, Portugal and the UK banking with Santander can already use it. It also gives companies the option of checking their other bank accounts anywhere in the world.

Madrid, 22 June 2023 - PRESS RELEASE

Santander is launching One Trade Multinacionales, a new money management platform that offers Spanish multinationals a condensed overview of their subsidiaries' accounts the world over. Managed by Grupo Santander's payments arm PagoNxt, the platform will be available through Santander online banking, without the need for additional passwords. What's more, its simple activation procedure will reduce time to configure settings and use it.

One Trade Multinacionales offers simple, tailor-made and centralized user authorization and designation. A parent company can use it to see their accounts and other financial information in real time for subsidiaries in Brazil, Mexico, Poland, Portugal and the UK that bank with Santander. Roll-out to other Santander markets is expected soon. The platform's comprehensive dashboard can also add other bank accounts the world over.

With One Trade Multinacionales, Santander is leveraging its global scale to offer a unique service to customers who operate in markets where the bank is present. The platform is another milestone in the bank's One Santander strategy for Europe to provide a simpler, better customer experience under a common operating model.

Santander customers who have tested One Trade Multinaciones rated it nine out of ten. They said: "Seeing every transaction on the same platform makes our day to day easier"; "Having a real-timeview of vendor payments speeds things up"; "It's a great help for audits".

One Trade Multinacionales is already available to Santander España customers and will arrive in Chile, the US and other Santander markets in 2023 and 2024.

Santander has been operating Cash Nexus, a similar service for large corporates, for some years. With this latest solution for businesses of all sizes, Santander is reaffirming its commitment to making the best tools for Spanish SMEs to prosper.

Banco Santander (SAN SM, STD US, BNC LN), founded in 1857, is a retail and commercial bank headquartered in Spain. It is a significant player in its 10 core markets in Europe and the Americas, with one of the largest market caps in the world. Santander aims to become the best open financial services platform for individuals, SMEs, companies, financial institutions and governments. Its purpose is to help people and businesses prosper in a way that is simple, personal and fair. Santander

Corporate Communications

Ciudad Grupo Santander, edificio Arrecife, planta 2

28660 Boadilla del Monte (Madrid). Tel. [phone] [e-mail] www.santander.com- Twitter: @bancosantander

is making headway in responsible banking, and its ambitions include facilitating € 220 billion in green finance between 2019 and 2030. In the first quarter of 2023, it had € 1.2 trillion in customer funds, 161 million customers, 9,000 branches and 210,000 employees.

PagoNxt is the world's leading payments solutions provider for merchants, SMEs, multinationals and individuals. It brings together the most disruptive payment businesses from Banco Santander. While it's part of Grupo Santander, which boasts more than 160 years in banking and 160 million customers worldwide, PagoNxt is an autonomous fintech with fast solutions for the digital payments market. With headquarters in Madrid, a presence in core 13 markets and a team of 3,300 payment experts and developers worldwide (plus, some 1,200 external developers), PagoNxt's value proposition reaches more than 1.2 million merchants, 300,000 SMEs and corporates and over 650,000 consumers worldwide. PagoNxt comprises Getnet, One Trade, Payments Hub, Ebury, Mercury TFS, Superdigital and others. One Trade, a PagoNxt solution, provides companies with payment tools and know-how to grow outside of their domestic market. It is a cloud-based, open trading platform with best-in-class, integrated technology solutions for Santander banks, customers, and counterparties.

Corporate Communications

Ciudad Grupo Santander, edificio Arrecife, planta 2

28660 Boadilla del Monte (Madrid). Tel. [phone] [e-mail] www.santander.com- Twitter: @bancosantander