Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 585

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 585
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 a notary through a public document, to vest the agreement with the highest possible legal certainty and to allow legal claims to be filed through executive proceedings in the event of default. They constitute a credit right with respect to the guarantor that is irrevocable and payable on first demand. The Group has not received any significant guarantees which it is authorised to sell or pledge, irrespective of any non-paymentby the owner of the referred guarantees, except for those intrinsic in treasury activities, which are mostly reverse repos (see Note 6). The fair value of the assets sold in connection with reverse repos is included under the heading “Financial liabilities held for trading” as part of the short positions of securities. Assets assigned under the same transactions amounted to 1,012,508 thousand euros as at 31 December 2023 (417,982 thousand euros as at 31 December 2022) and are included by type under the repos heading in Notes 18 and 19. There have been no significant changes in Banco de Sabadell’s policies on the topic of guarantees during this year. Neither have there been any significant changes in the quality of the Group’s guarantees with respect to the previous year. The values of the guarantees received to ensure collection, broken down into collateral and other guarantees, as at 31 December 2023 and 2022 are as follows:

| Thousand euro                    |     |      |             |     |      |             |
|                                  |     | 2023 |             |     | 2022 |             |
| Value of collateral              |     |      |  94,323,862 |     |      |  97,340,958 |
| Of which: securing stage 2 loans |     |      |   7,180,750 |     |      |   8,515,648 |
| Of which: securing stage 3 loans |     |      |   1,873,003 |     |      |   2,046,793 |
| Value of other guarantees        |     |      |  14,975,715 |     |      |  17,180,550 |
| Of which: securing stage 2 loans |     |      |   1,881,539 |     |      |   2,635,673 |
| Of which: securing stage 3       
 loans                            |     |      |   1,054,019 |     |      |   1,080,167 |
| Total