Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 112

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 112
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 stress testing, and considers the controls to which the risks are subject. In this regard, there are a number of emerging risks that could impact the Group’s business performance. These risks fall into the following main blocks: Macroeconomic and geopolitical risks Regulatory and reputational risks New business, legal and operational risks Environmental, social and governance (ESG) For more information on these risks, see “Risk factors” in the “Risk management” chapter of the individual and consolidated Management Reports for the 2024 financial year. Likewise, the possible crimes included in the criminal prevention model include, among others, those related to corruption, given that there are a series of risks that could arise in an entity of BBVA’s characteristics. For further information, see the “Corruption and Bribery” and “Anti-money laundering and financing of terrorism” sections of the “Business conduct” section, included in the “Information on governance” chapter of the Non-FinancialInformation Statement included in the Consolidated Management Report for the year 2024. B. Materialization of risks during financial year 2024 (E.5) Risk is inherent to financial activity and, therefore, the materialization of risks to a greater or lesser extent is absolutely inherent to the activity carried out by the Group. BBVA therefore offers detailed information on the evolution of risks which, by their nature, continuously affect the Group in carrying out its activity. This information is provided in its annual financial statements (Notes 7 and 19 on risk management and tax risks, respectively, in the BBVA Group’s consolidated annual financial statements; and Notes 5 and 17, on the same subject matters, in BBVA’s individual Annual Financial Statements, for the 2024 financial year), as well as in the individual and consolidated Management Reports, both for 2024 (the “Risk management” of the Non-FinancialStatement). This English version is a translation of the original in Spanish for information purposes only. In case of discrepancy the original in Spanish shall prevail.

Annual Corporate Governance Report of BBVA .116.. C. “Cenyt” case While this is not considered a material risk, the Spanish courts are investigating the activities of Centro Exclusivo de Negocios y Transacciones, S.L. (“Cenyt”). The investigation includes services provided to the Bank. On July 29, 2019, BBVA was notified by Central Investigating Court No. 6 of the National Court (Audiencia Nacional) that the Bank had been named as