Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 483

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 483
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 own unique and recognisable personality. The Group monitors this risk through the Board Risk Committee, which has a dashboard with indicators associated with the main stakeholders. The qualitative aspects of the RAS include the following aspects:

| – | Low appetite in the event of threats to the Group’s reputation. |

| – | Special consideration of restrictions on transactions with borrowers associated with political parties and the media. |

| – | The Group neither invests nor provides funding to companies linked to the development, manufacture, distribution,                     
 storage, transfer or sale of controversial weapons, as set forth in the various conventions of the United Nations currently in force. |

| – | The products and services offered to customers need to be known by all of the parties involved, who must be                                               
 specifically trained for their sale, only offering customers products and services that are appropriate to their needs, and safeguarding their interests. |

4.4.1.4 Environmental risk The 2015 Paris Agreement, the major milestone in the international commitment against climate change, promotes the reduction of greenhouse gas (GHG) emissions to limit global warming to “well below” 2ºC in 2100 and seeks to ensure that it does not exceed 1.5ºC in relation to pre-industrialaverage temperatures (1850-1900). The European Union adopted the Agreement and, in line with its goals, has been promoting various regulatory and non-regulatorymeasures to achieve a fully decarbonised economy by mid-century.From a financial perspective, this has been implemented through the 2018 Action Plan on Sustainable Finance (APSF), a roadmap that was reformulated and updated in 2021 in the Renewed Sustainable Finance A-301

Strategy (RSFS), with strategies that have been developed by applying a regulatory and supervisory “tsunami” aimed at achieving the promised objectives. In this context, Banco Sabadell Group’s commitment to sustainability has been incorporated with a cross-cutting approach into its strategy and business model, internal governance and risk identification, management and control, in order to guide its activity and processes towards contributing to a more sustainable and resilient economy. The aim is to support the Group’s customers with their transformation in two ways: on one hand, by providing them with appropriate funding to meet their needs and, on the other, by offering them savings and investment products that serve as a catalyst to achieve an emissions-neutral world that is resistant to climate variability and the degradation of natural ecosystems. The commitment also extends to the Group as an entity separate from its customers