Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 726

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 726
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      | (229,559 | ) |     |      | (250,502 | ) |
| Total                                     |     |      | (458,867 | ) |     |      | (467,362 | ) |

A-635

“Other items” includes expenses corresponding to Tax on Deposits of Credit Institutions, amounting to 34,894 thousand euros in 2022 (33,438 thousand euros in 2021), as well as expenses associated with non-financialactivities (mostly operating leases). The balance of this heading decreased due to, among other reasons, the fall in expenses of the vehicle leasing business, following the sale of BanSabadell Renting, S.L.U. in 2021 (See Note 31). Furthermore, on 16 December 2022, the TSB subsidiary reached an agreement with the British regulators regarding the outcome of the investigation into the causes and circumstances that led to the incidents that took place after its IT migration in 2018. This agreement involved a payment from TSB for 48.65 million pounds sterling (approximately, 57 million euros) to the British regulators, which was recorded under this heading, and an estimated impact on capital of 6 basis points on a consolidated basis. However, it is estimated that the insurance policies arranged by the Group will enable this amount and the impact on capital to be offset. In 2022, income amounting to 45 million euros corresponding to compensation arising from the aforesaid arranged insurance policies was recognised under the heading “Other operating income” of the consolidated income statement for 2022 (see Note 31). Note 33 – Administrative expenses This heading of the consolidated income statement includes expenses incurred by the Group corresponding to staff and other general administrative expenses. Staff expenses The staff expenses recognised in the consolidated income statement for the years ended 31 December 2022 and 2021 are as follows:

| Thousand euro                                       |     |      |    |     |      |            |     |      |            |
|                                                     |     | Nota |    |     | 2022 |            |     | 2021 |            |
| Payrolls and bonuses for active staff               |     |      |    |     |      | -1,050,441 |     |      | -1,098,835 |
| Social Security payments                            |     |      |    |     |      |   -212,576 |     |      |   -231,357 |
| Contributions to defined benefit