Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 616

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 616
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4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. 4.2 Key milestones during the year 4.2.1 The Group’s risk profile during the year The following milestones have been achieved in relation to the Group’s risk profile during 2023: I. Non-performingassets:

| – | During 2023, non-performing assets were reduced by -223 million euros. The NPL ratio for the year stands at 3.52%, |

II. Lending performance:

| – | Gross performing loans ended the year 2023 with a balance of 149,798 million euros, declining by 4.1% year-on-year. |

| – | In Spain, gross performing loans show a fall of 4.6%                     
 year-on-year, impacted by lower business and mortgage portfolio volumes. |

| – | In TSB, at constant exchange rates, gross performing loans show a fall of 
 -5.9% year-on-year, due to the reduced volume of the mortgage portfolio.  |

| – | In Mexico, at constant exchange rates, gross performing loans increased by 7.1% year-on-year. |

III. Concentration:

| – | From a sectoral point of view, the loan portfolio is diversified, has limited exposure to the sectors most sensitive 
 to the current environment.                                                                                          |

| – | Similarly, in terms of individual concentration, the metrics relating to concentration of large exposures show a                      
 slight downward trend and remain within the target level. The credit rating of the largest exposures has also improved over the year. |

| – | Geographically speaking, the portfolio is positioned in dynamic regions, both in Spain and worldwide. International 
 exposures account for 37% of the loan book.                                                                         |

IV. Strong capital position:

| – | The CET1 ratio improved by 64 basis points to 13.2% in fully-loaded terms as at 2023 
 year-end (compared to 12.55% as at 2022 year-end).                                   |

| – | The fully-loaded and phase-in Total Capital ratios stand at 17.76% as at the                                                                                
 end of 2023, thus remaining above the requirements for 2024 with an MDA buffer of 431 basis points. The fully-loaded and phase-in leverage ratio was 5.19%. |

V. Sound liquidity position:

| – | The Liquidity Coverage Ratio stands at 228% (compared with