Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 17

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 17
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 purpose of covering the consideration of the voluntary tender offer for the acquisition of up to 100% of the shares of Banco de Sabadell, S.A. launched by BBVA.

9 The subordination requirement in RWA is 13.50%.

10 The subordination requirement in Leverage ratio is 5.78%.

11 Considering the last official update of the countercyclical capital buffer, calculated on the basis of exposure as of September 30, 2024.

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

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#### Ratings
During 2024, BBVA’s rating has continued to demonstrate its strength and all agencies have maintained their rating in the A category. In March, Moody´s changed its long-term outlook on the senior preferred debt from stable to positive maintaining its rating in A3, and DBRS communicated the result of its annual revision of BBVA confirming the rating in A (high) with a stable outlook, S&P reviewed BBVA´s rating and outlook unchanged in June (A, stable), and for its part, Fitch maintained without changes BBVA´s rating and outlook (A-, stable) in September. The following table shows the credit ratings and outlooks assigned by the agencies:

| RATINGS                                                                                                                                                      |     |              |     |              |     |          |
| Rating agency                                                                                                                                                |     | Long term(1) |     | Short term   |     | Outlook  |
| DBRS                                                                                                                                                         |     | A (high)     |     | R-1 (middle) |     | Stable   |
| Fitch                                                                                                                                                        |     | A-           |     | F-2          |     | Stable   |
| Moody's                                                                                                                                                      |     | A3           |     | P-2          |     | Positive |
| Standard & Poor's                                                                                                                                            |     | A            |     | A-1          |     | Stable   |
| (1)Ratings assigned to long term senior preferred debt. Additionally, Moody’s and Fitch assign A2 and A- rating, respectively, to BBVA’s long term deposits. |     |              |     |              |     |          |

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

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### Risk management

#### Credit risk
The evolution of the macroeconomic environment during 2024 has been uneven in the regions where the Group