Banco Santander : Lindsey Argalas appointed as Chief Digital and Innovation Officer at Banco Santander

Madrid, 28 June 2017 - Banco Santander today announced the appointment of Lindsey Argalas as Chief Digital and Innovation
Officer.

As Chief Digital and Innovation Officer, Ms. Argalas will be responsible for developing the Bank's digital
strategy, supporting innovation throughout the Group and encouraging collaboration across Santander's businesses and markets.

Lindsey joins Santander from the Silicon Valley-based software company Intuit, where she has held a number of senior positions over the last nine years including, most recently, Senior Vice President and
Chief of Staff to the CEO.

As Senior Vice President and Chief of Staff to Intuit's CEO, she was responsible for overseeing large, strategic company-wide initiatives and helping transform Intuit into a global, cloud-driven product and
platform company. Since joining Intuit in 2008, Lindsey held various executive positions leading innovation teams and expanding the company's global presence with online and mobile offerings. During that time, she worked in offices in San Francisco, Singapore, Paris and São Paulo. Prior to Intuit, Lindsey worked as a Principal at the Boston Consulting group for ten years in Europe, Australia and across the USA. In that role, she advised and led initiatives for some of the best-known global brands in the consumer and retail space on growth strategy and customer-driven innovation, amongst other things.

Lindsey earned a master's degree in business administration from the Kellogg School of Management at Northwestern University and a master's of science degree in international business diplomacy from Georgetown University. She also holds bachelor's degrees in international affairs and Spanish from Duke University.

Lindsey Argalas' appointment, which remains subject to regulatory approval, will take effect on September 1st. She will be based in Madrid and will report to Ana Botín, Executive Chairman.

Ana Botín said: 'The investment and progress we are making in digital is a critically important part of our strategy, allowing us to reach more customers with better, faster and more efficient services. I am delighted to appoint someone of Lindsey's calibre to this important role.'

Lindsey Argalas said: 'Santander's strength, serving 128 million customers, presents tremendous opportunity to deliver highly innovative digital experiences. I am excited to be part of this important transformation, bringing the best of technology to benefit customers' financial lives.'

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