BANCO SANTANDER S.A.

Ticker: SAN CUSIP: 05964H105 Class: ADR

Northwest & Ethical Investments L.P.'s Holding History (CIK: 0002033536)

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

Q3 2010
Shares 122,000 Value ($000) $1,545 Avg Close — Range —
Q2 2010
Shares 62,000 Value ($000) $651 Avg Close — Range —
Q1 2010
Shares 53,000 Value ($000) $703 Avg Close — Range —
Q4 2009
Shares 28,000 Value ($000) $460 Avg Close — Range —