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Santander to offer digital bonus to employees who spearhead change

Banco Santander SA will present a proposal to its shareholders on April 12 and ask for permission to award a digital bonus to employees who play a key role in leading the bank's digital transformation, the lender said.

In a proposal to shareholders published on its website on March 4, the bank said the total award pool will be €30 million and 250 employees will be eligible.

The bonus will be paid in shares and share options.