Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 134

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 134
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 with the CNMV. The information in this subsection has been extracted from pages 99 and 100 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on pages A-188 and A-189. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024. In terms of short-term funding, as at year-endthere was one commercial paper program in operation, which governs the issuance of such securities and is aimed at institutional and retail investors. The Banco Sabadell Commercial Paper Program for 2024, registered with Iberclear, has an issuance limit of €7 billion, which can be extended to €9 billion. As at December 31, 2024, the outstanding balance of the program was €511 million (net of commercial paper subscribed by Group companies), compared with €1,383 million as at December 31, 2023. Regarding medium- and long-term funding, the Institution has the following programs in operation:

In 2024, Banco Sabadell carried out two public issues of mortgage covered bonds under the Fixed Income Program in effect at the time amounting to a total of €1.75 billion.

In 2024, Banco Sabadell carried out five issues under the EMTN Program, amounting to a total of €2,793 million: two issues of senior preferred debt, one of them issued for the first time in GBP amounting to £450 million, two issues of senior non-preferreddebt and one subordinated debt issue. 103

Liquid Assets The information in this subsection has been extracted from page 30 of Banco Sabadell’s condensed consolidated interim financial statements as of and for the six months ended June 30, 2025, reproduced herein on page A-31. In addition to these sources of funding, Banco Sabadell maintains a liquidity buffer in the form of liquid assets to meet potential liquidity needs:

|                                                              |     | 6/30/2025  |        |     | 12/31/2024 |        |
|                                                              |     | -€ million |        |     |            |        |
| Cash(*) + Net Interbank Position                             |     |            | 19,871 |     |            | 12,668 |
| Available in Bank of Spain facility                          |     |            | 22,603 |     |            |