Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 11

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 11
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 - p.10 |

The corporate business unit channeled approximately €23.6 billion during the same period, representing a year-on-year growth of 53%. During this period, BBVA has continued to provide specialized advisory services to its corporate clients in sustainable solutions, aimed at generating potential economic savings through cross-cutting initiatives such as energy efficiency, fleet renewal, and water resource management. A particularly noteworthy aspect has been financing linked to natural capital, which reached nearly €2.34 billion. Mexico’s contribution remains essential, accounting for around half of this amount, especially concentrated in the agricultural sector. Between January and June 2025, CIB (Corporate & Investment Banking) channeled approximately €31.9 billion, representing a 34% increase. BBVA has continued to actively promote the financing of clean technologies and renewable energy projects within the wholesale segment, as well as solutions such as sustainability-linked reverse factoring (confirming), among other strategic lines. Among these initiatives, the financing of renewable energy projects stands out, reaching €1.6 billion during the first half of the year. Relevant initiatives in the field of sustainability In April 2025, the Energy Tech Summit 2025 was held in Bilbao, where BBVA, as a main sponsor, organized several side events such as Growth Meets Capital, Growth Meets Industry, and Growth Meets Infrastructure. The summit brought together more than 1,500 cleantech experts from over 40 countries. Key takeaways from the event include: – The importance of public-private collaboration to bridge the innovation gap in Europe and scale essential technological projects for the energy transition. – The need for more agile regulatory frameworks in Europe. – Providing financing instruments and risk mitigation tools to support innovative solutions. – The relevance of green hydrogen, artificial intelligence, electric mobility, and energy storage as key technologies for decarbonization. Coinciding with the event, BBVA announced the first project finance in the Iberian Peninsula for a renewable hydrogen plant in Bilbao, a project expected to be operational in the first half of 2026.

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

| January - June 2025Report - p.11 |

Macroeconomic environment The United States' tariffs have risen notably, reaching historically high levels. Moreover, uncertainty about their final level remains a persistent source of risk. Trade negotiations between the United States and its main partners continue, and disputes persist over the legal validity of tariffs