Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 317

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 317
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 arising from the activity to be financed and may initiate, if necessary, a plan of dialogue and accompaniment of the client under the terms set forth in the Framework.

Every two years, BBVA performs an evaluation of the groups belonging to the stock under the sectors of this Framework. In this regard, by the end of 2024, 346 groups were analyzed by the framework, with five dialogue and support plans still in force.

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#### Risk assessment
BBVA has developed a "Guide for the integration of ESG factors in the analysis of wholesale credit", which identifies the most relevant environmental and social aspects by industry and obtains metrics to monitor the performance of corporate clients.

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#### Controversy management
Since 2024, BBVA has implemented a procedure for managing environmental and social controversies associated with wholesale clients. More precisely, the results are incorporated into the clients' financial program 35 .

The KYC process includes, among other aspects, an analysis of environmental, social and governance disputes of corporate and institutional customers covered and not covered by the Environmental and Social Framework.

The controversy analysis carried out by the external provider to assign the score is based on the impact that the incidents have had on the environment and society (impact), the business risk as a result of incidents (risk) and the management systems and response capacity to incidents (management). In terms of social risk, we evaluate any controversies that may arise in relation to

customers, the supply chain, employees and workforce, and communities.

Based on the above analysis and the assessment performed by the CIB Sustainable Finance team, the risk teams consider the result of the dispute analysis as an additional input for the calculation of the customer rating and incorporate this analysis when defining the risk appetite with each customer, following previously defined specific criteria.

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#### Equator Principles
BBVA implements environmental and social risk assessment processes in order to mitigate and prevent negative impacts, reinforcing the economic, social and environmental value of project financing in sectors such as energy, transportation and social services.

In accordance with the EPs, BBVA submits each project under the scope of the EP4 to an environmental and social due diligence analysis, considering the impacts on the environment and human rights. This analysis is integrated into BBVA's internal processes of structuring, admission and monitoring of operations, in line with its Environmental and Social Framework. Each transaction is classified according to its risk level (categories A, B or C), and the documentation provided by the customer and independent advisors is reviewed. A specialized team at BBVA supervises and