SANTANDER AM LATIN AMERICAN FIXED INCOME "A" EUR August 2021 Fund Overview Investment Policy

SANTANDER AM LATIN AMERICAN FIXED INCOME "A" EUR August 2021 Fund overview Investment policy

Santander AM Latin American Fixed Income generates returns through Latin American sovereign and/or quasi-sovereign debt instruments in local currency and corporate debt instruments. Investments are limited to countries included María Teresa Martínez Bravo in the JPM EMBI Global Diversified Latin America Index. It may also invest in Fund Manager Manuel García Taibo bonds denominated in US Dollar. The Sub-Fund may use derivatives and/or other UCI to reduce the risk of investment positions or for efficient portfolio ISIN LU0493712094 management. Launch Date 12/03/2010 Currency Class EUR Cumulative performance (%)¹ Minimum Subscription € 6,000.00 Management Fee 1.75% 1M 3M 6M YTD 1Y Inception* NAV 100,00 € Fund 0.81 4.52 3.97 4.60 6.67 -0.00 Fund AUM $36,49M BMK -66.03 1.50 0.99 -5.34 2.20 3.27 Number of holdings 32 Annualized return* Average Duration 2.75 Average YTM 3.48% BMK JPM GBI-EM Global Div. Latam Category Latin America Emerging F.I. Annual performance (%)¹ Fund Company Santander AM Lux * The fund currency is USD and this may lead to an increase or decrease in the investments due to Currency Exchange fluctuations. 2021 2020 2019 2018 2017 2016 Fund 4.60 -13.87 9.43 -1.44 -3.26 19.71 BMK -5.34 -7.89 15.26 1.71 -0.84 20.90

Fund statistics* Fund BMK Volatility (%) 11.78 121.52 Sharpe Ratio 0.13 0.02 Annual volatility (%)¹ Information Ratio -0.00 Beta 0.01 2021 2020 2019 2018 2017 2016 R2 0.01 Fund 5.58 16.86 8.50 10.60 10.68 17.29 Alpha (%) 1.18 BMK 255.49 19.12 10.16 10.90 10.74 17.20 Jensen Alpha (%) 1.48 Correlation 0.08 Treynor Ratio 1.94 Tracking Error (%) 121.22

* Calculation period 3 years. Data calculated using daily values. 5 year cumulative performance

Monthly performance (%)¹ Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total 2021 0.57 0.04 2.85 -2.01 -1.29 3.64 0.04 0.81 - - - - 4.60 2020 -1.27 -3.88 -15.58 2.86 5.81 -0.36 -3.17 0.40 1.90 1.20 -0.23 -0.88 -13.87 2019 5.67 -0.05 -0.56 0.32 -0.25 3.19 3.54 -3.62 1.03 0.04 -4.04 4.25 9.43 2018 2.11 0.48 1.33 -0.92 -4.45 -1.56 3.33 -6.33 3.18 1.46 -1.17 1.58 -1.44 2017 1.47 4.56 2.62 -2.53 -2.92 -0.58 0.06 0.25 0.65 -2.79 -1.06 -2.75 -3.26 2016 -1.95 0.05 9.09 4.34 -4.55 10.03 -2.45 1.85 -0.29 4.17 -4.79 3.91 19.71 ¹ Performance calculated net of fees.

Pag. 1 Portfolio breakdown

Top 10 holdings (%) 42.60 Currency allocation (%) Cemex Sab De Cv (united States) 7.375% 05-jun-2027 4.70 USD 99.97 Amaggi Luxembourg International Sarl 5.25% 28-jan-2028 4.61 EUR 0.02 Companhia Brasileira De Aluminio 4.75% 17-jun-2024 4.46 ARS 0.02 Canacol Energy Ltd. 7.25% 03-may-2025 4.43 MXN 0.00 Embraer Netherlands Finance Bv 5.05% 15-jun-2025 4.40 Bbva Colombia Sa 4.875% 21-apr-2025 4.39 Globo Comunicacoes E Participacoes Sa 4.843% 08-jun-2025 4.37 Cemig Geracao E Transmissao Sa 9.25% 05-dec-2024 3.85 El Puerto De Liverpool Sab De Cv 3.95% 02-oct-2024 3.74 Petroleos Mexicanos Sa 4.25% 15-jan-2025 3.65

Issuers (%) Fund BMK Diff. CEMEX SAB de CV (United States) 4.70 - 4.70 Amaggi Luxembourg International SARL 4.61 - 4.61 Companhia Brasileira de Aluminio 4.46 - 4.46 Canacol Energy Ltd. 4.43 - 4.43 Embraer Netherlands Finance BV 4.40 - 4.40 BBVA Colombia SA 4.39 - 4.39 Globo Comunicacoes E Participacoes Sa 4.843% 08-jun-20254.37 - 4.37 CEMIG Geracao e Transmissao SA 3.85 - 3.85 El Puerto de Liverpool SAB de CV 3.74 - 3.74 Others 59.85 100.00 -

Geographic Fund BMK Diff. Brazil 19.65 31.37 -11.72 Mexico 18.97 34.98 -16.01 Luxembourg 11.09 - 11.09 Colombia 10.09 17.47 -7.38 Chile 8.57 7.92 0.64 Peru 8.54 7.20 1.34 United States 7.82 - 7.82 Cayman Islands 5.24 - 5.24 Canada 4.43 - 4.43 Others 5.60 - -

This document is intended to provide information that summarizes the main characteristics of the product and under no circumstances constitutes a contractual agreement, a recommendation, personalized advice, an offer or solicitation. It is recommended that the KIID (Key Investor Information Document) is consulted before taking any investment decision, subscribing or purchasing shares or redeeming investments and the countries where the product is registered for sale: www.santanderassetmanagement.lu or via authorised intermediaries in your country of residence. It has not been proven that the data contained in this document meet marketing requirements of all countries of sale as it is an information and not a marketing document. This shares of this product may not be directly or indirectly offered or sold in the United States of America or to or for the benefit of a United States Person. This fund has a prospectus which is drafted in English and can be obtained from www.santanderassetmanagement.lu For product information, please contact SANTANDER ASSET MANAGEMENT LUXEMBOURG S.A. (6, route de Treves, L-2633 Senningerberg - Grand Duchy of Luxembourg) Management Company under the supervision of Commission de Surveillance du Secteur Financier (CSSF). The Depositary entity and administrator of the funds is JP Morgan Bank Luxembourg S.A. (6, route de Treves, L-2633 Senningerberg - Grand Duchy of Luxembourg). Investment in mutual funds or other financial products mentioned herein may be subject to investment risks: market risk, credit risk, issuer and counterparty risk, liquidity risk, foreign currency risk and, where applicable, risks pertaining to emerging markets. Additionally, if funds hold their investments in hedge funds, assets, real estate funds, commodities and private equity, it should be noted that these can be subject to valuation and operational risks inherent in these type of assets and markets as well as the risk of fraud or risk derived from investing in unregulated or unsupervised markets or unlisted assets. Past performance is not indicative of future results. Returns are calculated on a net asset value basis, net of fees and are annualized for periods longer than one year. It should be clearly understood that any mention of tax depends on the individual circumstances of each investor and may change in the future. It is advisable to seek personalized advice regarding this. The distributor and other financial intermediaries may receive up to 85% of the fund management fee without incurring any additional cost to the customer. Accounting or market information included in this document has been compiled from sources which SANTANDER ASSET MANAGEMENT LUXEMBOURG S.A. considers reliable but has not confirmed or checked for accuracy or completeness. SANTANDER ASSET MANAGEMENT LUXEMBOURG S.A. assumes no responsibility for any use of the information contained herein.