Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 610

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 610
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umed conversion of convertible debt and other equity instruments                 |     |      |               |     |          |               |
| Weighted average number of ordinary shares                                          
 outstanding, adjusted                                                               |     |      | 5,401,123,639 |     |          | 5,593,885,977 |
| Earnings (or loss) per share (euros)                                                |     |      |          0.23 |     |          |          0.14 |
| Basic earnings (or loss) per share adjusted for the effect of mandatory convertible |     |      |          0.23 |     |          |          0.14 |
| bonds (euros)                                                                       |     |      |               |     |          |               |
| Diluted earnings (or loss) per share                                                
 (euros)                                                                             |     |      |          0.23 |     |          |          0.14 |

(*) See Note 1.4. (**) Average number of total shares minus average treasury stock and average number of shares subject to a buyback programme. As at 31 December 2023 and 2022, there were no other financial instruments or share-based commitments with employees with a significant impact on the calculation of diluted earnings (or loss) per share for the periods presented. For this reason, basic earnings (or loss) per share coincide with diluted earnings (or loss) per share. The distributions of profits of subsidiaries are subject to approval by shareholders at their respective Annual General Meetings. A-379

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. Note 4 – Risk management Throughout 2023, Banco Sabadell Group has continued to strengthen its risk management and control framework by incorporating improvements in accordance with supervisory expectations and market trends. Bearing in mind that Banco Sabadell Group takes risks during the course of its activity, good management of these risks is a central part of the business. The Group has established a set of principles, set out in policies and rolled out through procedures, strategies and processes, which aim to increase the likelihood of achieving the strategic objectives of the Group’s various activities, facilitating management in an uncertain environment. This set of principles is called the Global Risk Framework. 4.1. Macroeconomic, political and regulatory environment Macroeconomic environment When managing risks, the Group