BANCO SANTANDER S.A.

Ticker: SAN CUSIP: 05964H105 Class: ADR

SeaBridge Investment Advisors LLC's Holding History (CIK: 0001304229)

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

Q4 2017
Shares 2,316 Value ($000) $15 Avg Close — Range —
Q3 2017
Shares 2,300 Value ($000) $16 Avg Close — Range —
Q2 2017
Shares 2,300 Value ($000) $15 Avg Close — Range —