Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 376

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 376
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 This could undermine debtors’ repayment capacity. Consequently, the focus of regulators and financial institutions continues to be on establishing adequate and agile communication channels, tools and training to support and proactively help customers, in particular those in vulnerable situations. Furthermore, the tool established in mid-2023by the government, the Mortgage Charter, remains in place to help mortgage borrowers. Although it is worth noting that its use is not very widespread. With regard to the credit risk control framework, throughout 2024, TSB has strengthened the set of RAS metrics for retail mortgages and consumer loans. Furthermore, the Group has increased the number of local TSB metrics which it monitors in order to improve their visibility. 4.3 General principles of risk management Global Risk Framework The Global Risk Framework aims to establish the common basic principles relating to the risk management and control activity of Banco Sabadell Group including, among other things, all actions associated with the identification, decision-making, measurement, assessment, monitoring and control of the different risks to which the Group is exposed. With the Global Risk Framework, the Group aims to:

| – | Take risks following a well-structured approach that is consistent throughout the Group. |

| – | Foster an open and transparent culture in relation to risk management and control, encouraging the involvement of the 
 entire organisation.                                                                                                  |

| – | Facilitate the decision-making process. |

| – | Align the accepted risk with the risk strategy and the risk appetite. |

| – | Understand the risk environment in which the Institution operates. |

| – | Ensure, following the guidelines of the Board of Directors, that critical risks are identified, understood, managed 
 and controlled efficiently.                                                                                         |

The Group’s Global Risk Framework comprises the following elements:

| – | The Group’s Global Risk Framework Policy. |

| – | The Risk Appetite Framework (RAF) of the Group and subsidiaries. |

| – | The Risk Appetite Statement (RAS) of the Group and subsidiaries. |

| – | Specific policies for the various material risks to which the Group and subsidiaries are exposed. |

4.3.1 Global Risk Framework Policy As an integral part of the Global Risk Framework, the Global Risk Framework Policy establishes the common basic principles for Banco Sabadell Group’s risk management and control activities, including, among other things, all actions associated with the identification, decision-making, measurement, assessment, monitoring and control of the different risks to which the Group is exposed. These activities comprise the duties carried out by the various areas