Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 666

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 666
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 |     | 0.67% |     | 0.40% |     | 100%  |

In this scale of 0 to 9, probability of default (PD) goes from high to low. The PD used is the risk management PD.

| %                                                                                     |     |       |     |        |     |        |     |        |     |       |     |       |     |       |     |       |     |       |     |       |
| Distribution, by behavioural score, of Banco Sabadell’s portfolio of individuals 2021 |     |       |     |        |     |        |     |        |     |       |     |       |     |       |     |       |     |       |     |       |
| 9                                                                                     |     |     8 |     |      7 |     |      6 |     |      5 |     |     4 |     |     3 |     |     2 |     |     1 |     |     0 |     | TOTAL |
| 1.03%                                                                                 |     | 9.85% |     | 25.86% |     | 35.10% |     | 16.63% |     | 6.31% |     | 2.66% |     | 1.43% |     | 0.68% |     | 0.45% |     | 100%  |

In this scale of 0 to 9, probability of default (PD) goes from high to low. The PD used is the risk management PD. Warning tools In general, the Group has a system of warning tools in place, which include both individual warnings and advanced early warning models for both the Companies segment and the Individuals segment. These warning tools are based on performance factors obtained from available sources of information (credit ratings or credit scores, customer files, balance sheets, CIRBE (Bank of Spain Central Credit Register), information relating to the industry or past banking activity, etc.). They measure the risk presented by the customer on a short-term basis (predicted propensity to default), obtaining a high level of predictability to detect potential defaulters. The resulting rating or score, which is obtained automatically, is used as a basic input in monitoring the risk of individuals and companies (see section “Impairment of financial assets” in Note 1). This warnings system enables:

| – | Efficiency to be