Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 148

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 148
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 term to maturity of the asset and liability positions on the balance sheet, broken down into different time brackets. The information provided is static and does not reflect foreseeable funding needs. It should also be noted that cash flow breakdowns in the parent company have not been deducted. In order to present the contractual maturities of financial liabilities with certain particular characteristics, the parent company has taken the following approach:

| • |     | Transactions are placed in different time brackets according to their contractual maturity date. |

| • |     | Demand liabilities are included in the “on demand” tranche, without taking into account their type 
 (stable versus unstable).                                                                          |

| • |     | There are also contingent commitments which could lead to changes in liquidity needs. These are fundamentally                                                                               
 credit facilities with amounts undrawn by the borrowers as at the balance sheet date. The board of directors of Banco Sabadell also establishes limits in this regard for control purposes. |

| • |     | Balances related to financial guarantee contracts have been included for the parent company, allocating the 
 maximum amount of the guarantee to the earliest period in which the guarantee can be called.                |

| • |     | Funding in capital markets obtained through instruments that include clauses which could lead to accelerated                                                                                                                                     
 repayment (instruments with clauses linked to a credit rating downgrade or puttables) is reduced in line with the Group’s financial liabilities. It is for this reason that the estimated impact on the parent company would not be significant. |

Research and Development, Patents and Licenses, Etc. 2024 The information in this subsection has been extracted from page 355 of Banco Sabadell’s consolidated directors’ report as of and for the year ended December 31, 2024. In the technological field, the focus remains on providing each geography with the functionalities that best suit their market context, supported by enhanced technological capabilities aligned with the latest market standards. In Spain, the acceleration and digitalization of processes and products is particularly noteworthy, especially in Retail Banking, and in the development of a new mobile app. It is also worth mentioning the improved resilience of the IT platform, with the launch of a new data canter for disaster recovery. TSB has continued to prioritize efforts to improve business capabilities, while the foundations have been laid to accommodate the technological platform’s new architecture. Sabadell Mexico has focused on technological enhancement for Retail Banking activity and has continued to develop capabilities that improve transaction efficiency. 108

As confidentially submitted to the Securities and Exchange Commission on August