Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 888

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 888
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   -1,104,218 |     |      |     297,263 |     |     -293,854 |
| Capital markets and fixed-rate liabilities |     |      |    -982,993 |     |      990,659 |     |      |    -318,769 |     |      340,540 |
| Fixed-rate assets                          |     |      |   2,109,211 |     |   -2,094,877 |     |      |     616,032 |     |     -634,394 |
| Total                                      |     |      |   1,722,298 |     |   -1,703,643 |     |      |     331,195 |     |     -332,378 |

In cash flow hedges, the amounts recognised in the consolidated statement of equity during the year and the amounts derecognised from consolidated equity and included in profit and loss during the year are indicated in the consolidated statement of total changes in equity. A-696

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. Hedge ineffectiveness in the results for 2022 related to cash flow hedges amounted to losses of 804 thousand euros (losses of 3,668 thousand euros in 2021). As at 31 December 2022, the Group holds embedded derivatives that have been separated from their host contracts and recognised under the headings “Derivatives – Hedge accounting” on the asset side and on the liabilities side of the consolidated balance sheet in the amount of 33,586 thousand euros and 46,917 thousand euros, respectively (43,707 and 22,683 thousand euros, respectively, as at 31 December 2021). The host contracts of those embedded derivatives correspond to customer deposits and debt securities in issue and have been allocated to the portfolio of financial liabilities at amortised cost. Note 13 – Non-currentassets and disposal groups classified as held for sale The composition of this heading in the consolidated balance sheets as at 31 December 2022 and 2021 was as follows:

| Thousand euro                               |     |          |     |          |
|                                             |     |     2022 |     |     2021 |
| Assets                                      |     |  951,792 |     |  998,210 |
| Loans