Stock: Banco Santander (SAN)

Top Management and Board of Directors

Top Management

Top Management [Five top executives with tenure < 5 yrs]

Name	Designation	Since Appointment
Jose Antonio Alvarez	Chief Executive Officer	4 Yrs, 9 Mos
Juan Rodriguez Inciarte	Executive Director	-
Ana Patricia Botin	Executive Director	-
Matias Rodriguez Inciarte	Executive Director	-
Ana Patricia Botin-Sanz de Sautuola y O'Shea	Executive Director	-

Board Of Directors

Board Of Directors [Four directors with tenure < 2 yrs]

Name	Designation	Since Appointment
Emile Voest	Independent Director	1 Yr, 7 Mos
Antoine Yver	Independent Director	1 Yr, 7 Mos
Carole Ferrand	Independent Director	1 Yr, 7 Mos
Homaira Akbari	Non-Executive Independent Director	-

Profiles of Top Management

Jose Antonio Alvarez
CEO
Education: Graduate in Economics and Business Administration. MBA from the University of Chicago.
Experience: He joined Santander in 2002 and was appointed senior executive vice president of the Financial Management and Investor Relations division in 2004 (Group Chief Financial Officer). He also served as director at SAM Investments Holdings Limited, Santander Consumer Finance, S.A. and Santander Holdings US, Inc. He also sat on the supervisory boards of Santander Consumer AG, Santander Consumer Holding GmbH and Santander Bank Polska, S.A. He was also a board member of Bolsas y Mercados EspaNoles, S.A. (BME).

Shareholder Value:
Creation of shareholder value in Banco Santander:
Year of appointment: 2019
In the last 3 years the average annualized return to shareholders was 65.9%. The present value of Euro1,000 (PV1000) invested 3 years ago is now EUR4,635, a gain of EUR3,260 and dividend reinvested of EUR375.

Juan Rodriguez Inciarte
Executive Director
Born in Oviedo (Spain) in 1952. Joined the board in 2008. Graduate in Economics. Joined the Bank in 1985 as director and executive vice president of Banco Santander de Negocios. In 1989, he was appointed executive vice president of Banco Santander, S.A. From 1991 to 1999 he was a director of Banco Santander, S.A. He has been appointed director by co-option by the board at its meeting of 28 January 2008 and ratified by the annual general meeting held on 2008. He was re-elected by the general meeting of shareholders of 2012. Other significant positions: he is non-executive director of Santander UK plc and of Santander Consumer Finance, S.A.

Matias Rodriguez Inciarte
Executive Director
Born in 1948 in Oviedo (Spain).
Joined the board in 1988.
Graduate in Economics, and Government Economist. He also carried out Business Administration studies at the MIT.
Other significant positions: minister of the Presidency between 1981 and 1982, as well as technical general secretary of the Ministry of Finance, general secretary of the Ministry for European Community Relations and deputy secretary of state to the President. He is currently chairman of the Fundacion Princesa de Asturias and of the social council of the Universidad Carlos III de Madrid, as well as an external director of Sanitas, S.A. de Seguros and of Financiera Ponferrada, S.A., SICAV.

Ana Patricia Botin-Sanz de Sautuola y O'Shea
Executive Director
Born in Santander (Spain) in 1960.
Joined the board in 1989.
Graduate in Economics.
She was appointed for the first time a director of the Bank on 4 February 1989.
She was re-elected by the general meetings of shareholders of 1991, 1994, 1997, 2000, 2003 and 2006.

Ana Patricia Botin
Executive Director
Main activity: chief executive officer of Santander UK plc. She joined the Bank after a period at JP Morgan (1981-1988). She has been executive vice president of Banco Santander, S.A. since 1992, and was executive chairwoman of Banesto from 2002 to 2010.
She was appointed for the first time a director of the Bank on 4 February 1989. She was re-elected by the general meetings of shareholders of 1991, 1994, 1997, 2000, 2003 and of 17 June 2006.
Other significant positions: she is a member of the International Advisory Board of the New York Stock Exchange and of the board of Georgetown University.

Profiles of Board of Directors

Homaira Akbari
Non-Executive Independent Director
Born in 1961 in Tehran (Iran).
Joined the board of directors in 2016.
Ph.D. in particle physics from Tufts University and holds an MBA from Carnegie Mellon University.
She is CEO of AKnowledge Partner, LLC.
Other significant positions: she is currently non-executive director of Gemalto NV, Landstar System, Inc. and Veolia Environment S.A. Ms Akbari was also chairman and CEO of Sky Bitz, Inc., executive vice-president at True Position Inc., non-executive director of Covisint Corporation and US Pack Logistics LLC and she held several positions for Microsoft Corporation and for Thales Group.