Banco Santander

Chile

Update

October 2020

Important information

Banco Santander Chile caution that this presentation contains forward looking statementswithin the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements are found in various places throughout this presentation and include, without limitation, statements concerning our future business development and economic performance. While these forward looking statements represent our judgment and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to: (1) general market, macro-economic, governmental and regulatory trends; (2) movements in local and international securities markets, currency exchange rates, and interest rates; (3) competitive pressures; (4) technological developments; and (5) changes in the financial position or credit worthiness of our customers, obligors and counterparties. The risk factors and other key factors that we have indicated in our past and future filings and reports, including those with the Securities and Exchange Commission of the United States of America, could adversely affect our business and financial performance.

Note: the information contained in this presentation is not audited and is presented in Chilean Bank GAAP which is similar to IFRS, but there are some differences. Please refer to our 2019 20-F filed with the SEC for an explanation of the differences between Chilean Bank GAAP and IFRS. Nevertheless, the consolidated accounts are prepared on the basis of generally accepted accounting principles. All figures presented are in nominal terms. Historical figures are not adjusted by inflation. Please note that this information is provided for comparative purposes only and that this restatement may undergo further changes during the year and, therefore, historical figures, including financial ratios, presented in this report may not be entirely comparable to future figures presented by the Bank.

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AGENDA

COVID19: REGULATORY UPDATE

STRATEGY AND BALANCE SHEET

SAN CHILE: BUSINESS GROWTH AND RESULTS

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Macroeconomic environment

A gradual re-opening of the economy has commenced

New cases and ICU patients

Lethality rate

(7-day rolling average)

(% Total deaths/ Total cases, as of September 30)

350

New cases (per

2500

Italy

11.4

300

mill.)

Mexico

10.4

United Kingdom

9.3

ICU patients (rhs)

2000

Belgium

8.5

Sweden

6.3

250

Canada

5.8

France

5.3

1500

Spain

4.1

200

Peru

4.0

Switzerland

3.9

Australia

3.3

150

Germany

3.2

1000

Colombia

3.1

Brazil

3.0

100

US

2.9

Chile

2.8

500

Poland

2.7

50

Denmark

2.3

Japan

1.9

South Korea

1.7

New Zealand

1.4

0

0

Czechia

0.0

1.0

Apr-20

May-20

Jun-20

Jun-20

Jul-20

Aug-20

Singapore

Mar-20

Sep-20

Positivity rates

People under quarantine

(7-day rolling average)

(Thousands)

50

12000

Met. Region

10827

Metropolitan Region

Other regions

10000

40

National

Total

30

8000

6000

20

4000

4144

10

5.4

2000

0

3.7

0

15-abr.

15-may.

14-jun.

14-jul.

13-ago.

12-sept.

25-mar.

29-abr.

03-jun.

08-jul.

12-ago.

16-sept.

4

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Source: John Hopkins University, Ministry of Health (Chile) and Santander

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Banco Santander-Chile published this content on 05 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2020 14:09:08 UTC