BANCO SANTANDER, S.A. as Issuer, and THE BANK OF NEW YORK MELLON, acting through its London Branch as Trustee FIRST SUPPLEMENTAL INDENTURE dated as of April 11, 2017 to THE SECOND RANKING SENIOR DEBT SECURITIES INDENTURE dated as of April 11, 2017First Supplemental Indenture • April 11th, 2017 • Banco Santander, S.A. • Commercial banks, nec • New York
BANCO SANTANDER, S.A., a sociedad anónima unipersonal, incorporated under the laws of the Kingdom of Spain (herein called the “Company,” which term includes any successor person under the Second Ranking Senior Indenture (as defined on the reverse hereof)), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the principal sum of $ ( dollars) on April 11, 2022 or on such earlier date as the principal hereof may become due in accordance with the terms hereof and to pay interest thereon quarterly in arrears on January 11, April 11, July 11 and October 11, commencing on July 11, 2017, and ending on April 11, 2022 (each, a “Floating Rate Note Interest Floating Rate Note Interest Payment Date”). Interest so payable on any Floating Rate Note Interest Payment Date shall be paid to the Holder in whose name this Note is registered on the 15th calendar day immediately preceding the relevant Floating Rate Note Interest Payment Date, whether or not such day is a Business
