Santander Consumer Finance S.A.

Santander Consumer Finance, S.A. (SCF) is a Spanish credit institution and wholly owned subsidiary of Banco Santander, S.A., focused on consumer finance across Europe, with core products including auto loans and leasing, point-of-sale financing and unsecured personal loans. It operates directly in Spain and through country subsidiaries often branded as Santander Consumer Bank in markets such as Germany, Italy, Poland, Portugal and the Nordics, distributing via manufacturer and dealer networks, brokers, bank channels and digital platforms. Underwriting practices rely on standardized scoring, risk-based pricing and, in vehicle finance, collateral, with established collections and repossession processes; leasing structures may carry residual-value exposure. Funding sources include retail deposits raised by local banking entities, securitization of auto receivables and other secured and senior unsecured issuance, supplemented by intragroup funding; asset-backed securities programs are a recurring liquidity tool in several jurisdictions. SCF is authorized in Spain and consolidated within Santander Group for prudential supervision under the European Central Bank’s Single Supervisory Mechanism, while complying with consumer-credit and conduct rules in each country of operation; deposits at its EU bank subsidiaries are covered by national deposit guarantee schemes up to statutory limits. Financial reporting follows IFRS at group level, with SCF providing standalone annual accounts and investor disclosures related to its debt programs. Pricing, eligibility, documentation, early-repayment terms and ancillary insurance offerings vary by product and jurisdiction. The business is sensitive to macroeconomic conditions through credit losses and to funding cost shifts, and its auto focus links performance to used-car prices and OEM and dealer sales volumes. Prospective customers should review local product disclosures, APRs, fees and complaint procedures before entering agreements.