Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 825

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 825
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| Undiscounted lease payments receivable |     |      |         |     |      |         |
| Up to 1 month                          |     |      |     130 |     |      |     120 |
| 1 to 3 months                          |     |      |  11,167 |     |      |  10,630 |
| 3 to 12 months                         |     |      |  34,392 |     |      |  32,702 |
| 1 to 5 years                           |     |      | 178,154 |     |      | 169,022 |
| More than 5 years                      |     |      | 367,262 |     |      | 389,324 |

In 2022, no significant results were recorded for sale and leaseback transactions. In 2021, gains from sale and leaseback transactions amounted to 25,281 thousand euros and were recognised under the heading “Gains or (-) losses on derecognition of non-financialassets, net” of the consolidated income statement. Contracts in which the Group acts as lessor The lease contracts entered into by the Group in which it acts as lessor are mainly operating leases. The Group implements strategies to reduce risks related to the rights held over the underlying assets. For example, the lease contracts include clauses which stipulate a minimum non-cancellablelease term, a deposit which the lessor may retain as compensation if the asset sustains excessive wear during the lease term, and additional guarantees or sureties to limit losses in the event of non-payment. With regard to the tangible assets leased out under operating leases, the bulk of the operating lease operations corresponded to vehicle leasing and were carried out through the subsidiary BanSabadell Renting, S.L.U. As indicated in Note 2, this subsidiary was sold during 2021 to a non-Groupthird party. As regards the investment properties item, the rental income from these investment properties and the direct costs associated with the investment properties that produced rental income during 2022 amounted to 23,474 thousand euros and 9,768 thousand euros, respectively. Direct costs associated with investment properties that did not produce rental income were not significant in the context of the consolidated annual financial statements. A-703

Note 16 – Intangible assets The composition of this heading in the consolidated balance sheets as at 31 December 2022 and 2021 was as follows:

| Thousand euro                                      |