Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 921

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 921
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 |           -years |     | -thousand euro |     |           -years |
| Mortgage transfer certificates |     |      4,717,842 |     |               20 |     |      5,466,788 |     |               20 |
| Issued through public offering |     |                |     |                  |     |                |     |                  |
| Other issues                   |     |      4,717,842 |     |               20 |     |      5,466,788 |     |               20 |
| Participation mortgages        |     |      1,203,590 |     |               11 |     |      1,535,765 |     |               12 |
| Issued through public offering |     |                |     |                  |     |                |     |                  |
| Other issues                   |     |      1,203,590 |     |               11 |     |      1,535,765 |     |               12 |

Other matters Royal Decree-Law24/2021 provides that covered bonds will have a cover pool consisting of a portfolio of assets whose sole purpose is to serve as collateral for the holders of these issues. To that end, the Group has control procedures in place to monitor its entire loan portfolio, the amount drawn down from the loans, any assets that replace them and assets to cover the liquidity requirement and the derivative instruments that comprise each of the cover pools, as well as any collateral received in connection with positions in derivative instruments and any credit right arising from damage insurance policies referred to in Article 23.6 of the abovementioned Royal Decree-Law,as well as to verify compliance with the suitability criteria for allocation to the issuance of mortgage covered bonds, and to comply at all times with the maximum issuance limit. These procedures are all regulated by current mortgage market regulations. In order to ensure compliance with the regulations governing the mortgage market for covered bonds, the Group has policies and procedures relating to the Group’s activity in the mortgage market, with the Board of Directors being responsible for the Group’s risk management and control processes (see Note 4.3 “General principles of risk management”). In terms of credit risk, in particular, the Board of Directors confers powers and discretions to the Delegated Credit Committee, which then sub-delegatesauthority to the various decision-making levels. The internal procedures set up to handle the origination and monitoring of assets that make up the Group’s lending,