Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 133

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 133
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      | 10,975 |
| Of which: TSB Bank                         |     |            |  3,817 |     |      |  3,164 |
| Commercial paper and ECP                   |     |            |      — |     |      |      6 |
| Senior debt                                |     |            |  4,273 |     |      |  4,215 |
| Senior non-preferred debt                  |     |            |  5,030 |     |      |  4,425 |
| Subordinated debt and preferred securities |     |            |  4,065 |     |      |  3,565 |
| Asset-backed securities                    |     |            |  2,185 |     |      |  1,410 |
| Of which: TSB Bank                         |     |            |    597 |     |      |      — |
| Of which: Sabadell Consumer Finance        |     |            |    294 |     |      |    494 |

The information in this subsection has been extracted from page 98 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2023, reproduced herein on page A-414. See also Note 4.4.3.1 and Schedule III to the consolidated financial statements as of and for the year ended December 31, 2023. 102

In 2023, the level of funding in capital markets has increased, with mortgage covered bonds being the item with the greatest net increase. Furthermore, in order to keep an adequate level of own funds and eligible liabilities above the applicable regulatory requirement or Minimum Requirement for own funds and Eligible Liabilities (“MREL”), senior non-preferreddebt has also increased. The information in this subsection has been extracted from page 29 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-29. The Group has a number of funding programs in operation in capital markets, with a view to diversifying its different funding sources. Specifically with regard to short-term funding, it has a corporate commercial paper program registered with the Spanish National Securities Market Commission (CNMV), and with regard to medium- and long-term funding, the Institution has a Euro Medium Term Notes (EMTN) program registered with the Irish Stock Exchange and a Base Prospectus of Non-Equity Securities registered