Banco Santander, S.a. · BME:SAN
Banco Santander — Merger or Acquisition (July 2021)
8 slides from Banco Santander's merger presentation, Jul 15, 2021
Slide 1: Acquisition of Amherst Pierpont
1 July 2021 Acquisition of Amherst Pierpont
Slide 2: Disclaimer
2 Disclaimer Santander advises that this presentation contains “forward - looking statements” as per the meaning of the U . S . Private Securities Litigation Reform Act of 1995 . These statements may be identified by words like “expect”, “project”, “anticipate”, “should”, “intend”, “probability”, “r
Slide 3: Delivering disciplined and consistent capital allocation…
3 Delivering disciplined and consistent capital allocation…
Slide 4: A clear capital redeployment roadmap
4 A clear capital redeployment roadmap Reinvesting for profitable growth Santander Mexico SCUSA Amherst Pierpont Strategic investments Target shareholder remuneration: 40 % - 50% of underlying profit (1) …with a clear redeployment roadmap (1) Subject to the board and, if applicable, the general shar
Slide 5: Proposed transaction
5 Proposed transaction ▪ Santander Holdings USA to acquire 100% of Pierpont Capital Holdings LLC (“PCH”), parent company of Amherst Pierpont Securities (“APS”), a leading independent fixed - income broker dealer based in New York, for a total consideration of c.$600 million (c.€500 million) ▪ The tr
Slide 6: APS: Leading US independent broker dealer
6 APS: Leading US independent broker dealer Overview of APS (1) Revenues in FY2020 (1) Selected company & financial data (1) ▪ Differentiated fixed income broker dealer with self - clearing capabilities and Primary Dealer designation ▪ Highly experienced management team with strong track record driv
Slide 7: Unique business opportunity
7 Unique business opportunity: ▪ Only non - rated, non - bank that is a Primary Dealer for US Treasury auctions that will strengthen our value proposition with Santander’s European and LatAm clients ▪ Self - clearing capabilities will allow Santander to internally clear USD denominated fixed income
Slide 8: Thank you
T hank you SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Banco Santander, S.A. Date: July 15, 2021 By: /s/ Pedro de Mingo Kaminouchi Name: Pedro de Mi