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Santander Holdings USA, Inc. Announces Redemption of All Outstanding Depositary Shares Representing Interests in Its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I

  • Santander Holdings USA, Inc. will redeem all 135,000 outstanding shares of Series I Preferred Stock & 5,400,000 corresponding Depositary Shares on October 15, 2026.
  • The redemption price is set at $25.00 per Depositary Share.
  • Regular quarterly dividends declared for the period will be paid separately to holders of record as of September 30, 2026.
  • Shares are held in book-entry form through the Depository Trust Company, with payments processed by Broadridge Corporate Issuer Solutions, LLC.
  • SHUSA is a wholly-owned subsidiary of Banco Santander, S.A., which acquired Webster Financial Corporation in August 2026 to expand its U.S. retail & commercial banking presence.