Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 63

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 63
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 equity) ratio measures the return on an entity's shareholders' funds, plus accumulated other comprehensive income, and excluding intangible assets. It is calculated as follows:

| Adjusted net attributable profit (loss)                                                                  |
| Average shareholders' funds + Average accumulated other comprehensive income - Average intangible assets |

Explanation of the formula: the numerator "Adjusted net attributable profit (loss)" is the same and is calculated in the same way as explained for adjusted ROE, and the items of the denominator "Average shareholders' funds" and "Average accumulated other comprehensive income" are the same and are calculated in the same way as explained for ROE.

Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish-language version prevails.

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Average intangible assets are the intangible assets on the Group's consolidated balance sheet, which include goodwill and other intangible assets. The average balance is calculated in the same way as explained for shareholders' funds in the ROE.

Relevance of its use: this metric is generally used not only in the banking sector but also in other sectors to measure the return obtained on shareholders' funds, not including intangible assets.

| Adjusted ROTE                   |     |                                                |     |                                         |     |         |     |      |               |     |      |               |     |         |     |      |               |
|                                 |     |                                                |     |                                         |     |         |     |      | Jan.-Dec.2024 |     |      | Jan.-Dec.2023 |     |         |     |      | Jan.-Dec.2022 |
| Numerator (Millions of euros)   |     | =                                              |     | Adjusted net attributable profit (loss) |     |         |     |      |        10,054 |     |      |         8,019 |     |         |     |      |         6,559 |
| Denominator (Millions of euros) |     | +                                              |     | Average shareholders' funds             |     |         |     |      |        69,703 |     |      |        65,907 |     |         |     |      |        61,517 |
| +                               |     | Average accumulated other comprehensive income |     |                                         |     | -16,412 |     |      |       -16,437 |     |      |               |     | -16,055 |     |      |               |
| -