Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 284

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 284
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 IASB but which have not yet entered into force, because their effective implementation date is later than the date of these condensed consolidated interim financial statements and they have not yet been adopted by the European Union, are the following:

| Standards and Interpretations          |     | Title                                                                       |     | Mandatory for years 
 beginning:          |
| Approved for application in the EU     |     |                                                                             |     |                     |
| Amendments to IFRS 9 and IFRS 7 (*)    |     | - Amendments to the classification and measurement of financial instruments |     | 1 January 2026      |
|                                        |     | - Contracts referencing nature-dependent electricity                        |     | 1 January 2026      |
| Annual improvements to IFRS (*)        |     | Volume 11                                                                   |     | 1 January 2026      |
| Not approved for application in the EU |     |                                                                             |     |                     |
| IFRS 18 (*)                            |     | Presentation and disclosure in financial statements                         |     | 1 January 2027      |
| IFRS 19 (*)                            |     | Subsidiaries without public accountability: disclosures                     |     | 1 January 2027      |

| (*) | The consolidated annual financial statements for the year 2024 include a brief description of these amendments. |

Except for the potential impact on presentation and disclosure resulting from the adoption of IFRS 18, it is estimated that the adoption of the amendments issued by the IASB not yet in effect will not have a significant impact for the Group. A-14

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. 1.4 Use of judgements and estimates in preparing the condensed consolidated interim financial statements The preparation of the condensed consolidated interim financial statements requires certain accounting estimates to be made. It also requires the use of professional judgement when applying the Group’s accounting policies. Such judgements and estimates may affect the value of assets and liabilities and the disclosure of contingent assets and contingent liabilities as at the date of the condensed consolidated interim financial statements, as well as the income and expenses during the period to which they relate. The main judgements and estimates made in these condensed consolidated interim financial statements relate to the following items:

| – | The fair value of certain unquoted financial assets (see Note 6). |

|