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Santander Holdings Extends Tender Offer For Santander Consumer USA Holdings

Santander Holdings USA, Inc. has extended the expiration date of its tender offer to acquire Santander Consumer USA Holdings Inc. not already owned by SHUSA for $41.50 per share. The tender offer is now scheduled to expire on December 29, 2021. It was previously scheduled to expire on December 23, 2021.

The joint depositary for the tender offer have informed SHUSA that approximately 12.8
million shares of common stock of Santander Consumer USA Holdings have been tendered and not validly withdrawn in the tender offer as of December 23, 2021.

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