Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 804

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 804
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 risk exposure amount) if the IFRS 9 or analogous ECL transitional arrangements had not been applied                       |     |      |     17.02 % |
| Leverage ratio                                                                                                                                                      |     |      |             |
| Total exposure measure corresponding to leverage ratio                                                                                                              |     |      | 253,840,350 |
| Leverage ratio                                                                                                                                                      |     |      |      4.62 % |
| Leverage ratio if the IFRS 9 or analogous ECL transitional                                                                                                          
 arrangements had not been applied                                                                                                                                   |     |      |      4.59 % |

The main impact arising from the application of these transitional arrangements has been the inclusion of 98 million euros in CET1, which partly mitigates the decrease in equity resulting from the entry into force of IFRS 9, due to the increase in accounting provisions. The impact generated a reduction in risk-weighted assets of 15 million euros. For more information on capital ratios and the leverage ratio, their composition, details of parameters and their management, see the Pillar III Disclosures report, which is published annually and is available on the Group’s website ( www.grupobancosabadell.com), in the section on Information for shareholders and investors / Financial information. A-667

Note 6 – Fair value of assets and liabilities Financial assets and financial liabilities The fair value of a financial asset or financial liability at a given date is understood as the amount at which it could be sold or transferred, respectively, as at that date, between two independent and knowledgeable parties acting freely and prudently, under market conditions. The most objective and commonly used reference for the fair value of a financial asset or financial liability is the price that would be paid in an organised, transparent and deep market (“quoted price” or “market price”). When there is no market price for a particular financial asset or financial liability, the fair value is estimated from the values established for similar instruments in recent transactions or, alternatively, by using mathematical valuation models that have been suitably tested by the international financial community. When using these models, the particular characteristics of the financial asset or financial liability to be valued are taken into account, particularly the different types of risk that may be associated therewith. The above notwithstanding, the limitations inherent in the valuation models that have been developed and possible inaccuracies in the assumptions and parameters required by these models may result in the estimated fair value of a financial asset or financial liability not exactly matching the