Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 591

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 591
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Financial liabilities held for trading” as part of the short positions of securities. Assets assigned under the same transactions amounted to 1,012,508 thousand euros as at 31 December 2023 (417,982 thousand euros as at 31 December 2022) and are included by type under the repos heading in Notes 18 and 19. There have been no significant changes in Banco de Sabadell’s policies on the topic of guarantees during this year. Neither have there been any significant changes in the quality of the Group’s guarantees with respect to the previous year. The values of the guarantees received to ensure collection, broken down into collateral and other guarantees, as at 31 December 2023 and 2022 are as follows:

| Thousand euro                    |     |      |             |     |      |             |
|                                  |     | 2023 |             |     | 2022 |             |
| Value of collateral              |     |      |  94,323,862 |     |      |  97,340,958 |
| Of which: securing stage 2 loans |     |      |   7,180,750 |     |      |   8,515,648 |
| Of which: securing stage 3 loans |     |      |   1,873,003 |     |      |   2,046,793 |
| Value of other guarantees        |     |      |  14,975,715 |     |      |  17,180,550 |
| Of which: securing stage 2 loans |     |      |   1,881,539 |     |      |   2,635,673 |
| Of which: securing stage 3       
 loans                            |     |      |   1,054,019 |     |      |   1,080,167 |
| Total value of guarantees        
 received                         |     |      | 109,299,577 |     |      | 114,521,508 |

The main risk concentration in relation to all of these types of collateral and credit enhancements corresponds to the use of mortgage guarantees as a credit risk mitigation technique in exposures of loans intended for the financing or construction of housing or other types of real estate. On a like-for-likebasis, as at 31 December 2023, the exposure to home equity loans and credit lines represented 57.5% of total gross performing lending items granted to customers (57.2% as at