BANCO SANTANDER S.A.

Ticker: SAN CUSIP: 05964H105 Class: ADR

MASTERS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001104186)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020
Shares 4,000,000 Value ($000) $9,400 Avg Close — Range —
Q4 2019
Shares 4,775,160 Value ($000) $19,769 Avg Close — Range —
Q3 2019
Shares 5,000,000 Value ($000) $20,100 Avg Close — Range —
Q2 2019
Shares 5,000,000 Value ($000) $22,900 Avg Close — Range —
Q1 2019
Shares 5,927,650 Value ($000) $27,445 Avg Close — Range —
Q4 2018
Shares 6,000,000 Value ($000) $26,880 Avg Close — Range —
Q3 2018
Shares 9,000,000 Value ($000) $45,000 Avg Close — Range —
Q2 2018
Shares 5,729,975 Value ($000) $30,598 Avg Close — Range —
Q1 2018
Shares 6,000,000 Value ($000) $39,300 Avg Close — Range —
Q4 2017
Shares 6,000,000 Value ($000) $39,240 Avg Close — Range —
Q3 2017
Shares 5,000,000 Value ($000) $34,700 Avg Close — Range —
Q2 2017
Shares 5,000,000 Value ($000) $33,450 Avg Close — Range —
Q4 2016
Shares 1,800,000 Value ($000) $9,324 Avg Close — Range —