BANCO SANTANDER S.A.

Ticker: SAN CUSIP: 05964H105 Class: ADR

TIFF ADVISORY SERVICES, LLC's Holding History (CIK: 0001271347)

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

Q1 2014
Shares 2,607 Value ($000) $25 Avg Close — Range —
Q4 2013
Shares 2,548 Value ($000) $23 Avg Close — Range —
Q3 2013
Shares 2,488 Value ($000) $20 Avg Close — Range —
Q2 2013
Shares 2,488 Value ($000) $16 Avg Close — Range —