Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 467

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 467
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 137,407 and 99,631 thousand euro as of 31 December 2024 and 2023, respectively, corresponding to financial guarantees given in connection with construction and real estate development. (**) Includes 3,034 thousand euros and 3,402 thousand euros as at 31 December 2024 and 2023, respectively, corresponding to provisions for financial guarantees given in connection with construction and real estate development. Total commitments drawable by third parties as at 31 December 2024 include home equity loan commitments amounting to 4,602,538 thousand euros (4,640,343 thousand euros as at 31 December 2023). As regards other commitments, in the majority of cases there are other types of guarantees which are in line with the Group’s Risk Management Policy. Financial guarantees and other commitments given classified as stage 3 The movement of the balance of financial guarantees and other commitments given classified as stage 3 during 2024 and 2023 was the following:

| Thousand euro                   |     |         |
| Balances as at 31 December 2022 |     | 323,704 |
| Additions                       |     |  43,391 |
| Disposals                       |     | -99,268 |
| Balances as at 31 December 2023 |     | 267,827 |
| Additions                       |     |  36,225 |
| Disposals                       |     | -97,042 |
| Balances as at 31 December 2024 |     | 207,010 |

A-266

The breakdown by geographical area of the balance of financial guarantees and other commitments given classified as stage 3 as at 31 December 2024 and 2023 is as follows:

| Thousand euro          |     |      |         |     |      |         |
|                        |     | 2024 |         |     | 2023 |         |
| Spain                  |     |      | 204,136 |     |      | 265,046 |
| Rest of European Union |     |      |     398 |     |      |     448 |
| United Kingdom         |     |      |      65 |     |      |      15 |
| Americas               |     |      |   2,012 |     |      |   1,905 |
| Rest of the world      |     |      |     399 |     |      |     413 |
| Total                  |