Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 298

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 298
---
 2R (2.25%, of which 1.27% must be met with CET1), the capital conservation buffer (2.50%), the requirement applicable due to the5 Bank’s status as an ‘other systemically important institution’ (0.25%), and the countercyclical buffer (0.43% 5). As at 30 June 2025, the Group’s phase-inCET1 ratio stood at 13.62%, comfortably exceeding the aforementioned requirements.

| 5 | The countercyclical buffer requirement corresponds to the requirement calculated as at 31 March 2025, applicable 
 as at 30 June 2025.                                                                                              |

A-34

The following table shows the phase-incapital ratios and eligible own funds of the Group as at 30 June 2025 and 31 December 2024:

| Thousand euro                                                          |     |            |            |     |            |            |     |            |       |   |
|                                                                        |     | 30/06/2025 |            |     | 31/12/2024 |            |     | Change (%) |       |   |
| Capital                                                                |     |            |    661,029 |     |            |    680,028 |     |            | (2.79 | ) |
| Reserves (includes profit attributable to the Group, net of dividends) 
 (*)                                                                    |     |            | 13,804,799 |     |            | 13,158,607 |     |            |  4.91 |   |
| Valuation adjustments                                                  |     |            |   -468,752 |     |            |   -361,206 |     |            | 29.77 |   |
| Deductions                                                             |     |            | -3,208,911 |     |            | -2,991,634 |     |            |  7.26 |   |
| CET1                                                                   
 capital                                                                |     |            | 10,788,165 |     |            | 10,485,795 |     |            |  2.88 |   |
| CET1 (%)                                                               |     |            |      13.62 |     |            |      13.03 |     |            |  4.52 |   |
| Preference shares, convertible bonds and deductions                    |     |            |  2,750,000 |     |            |  1,