Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 404

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 404
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RS) applicable at the end of 2023, taking into account Bank of Spain (BoS) Circular 4/2017 of 27 November as well
as other provisions of the financial reporting regulations applicable to the Group and considering the formatting and mark-up requirements established in Commission Delegated Regulation EU 2019/815, in order
to fairly present the Group’s equity and consolidated financial situation as at 31 December 2023 and the results of its operations, recognised income and expenses, changes in equity and cash flows (all consolidated) in 2023.

The consolidated annual financial statements have been prepared based on the accounting records kept by the Bank and each of the other entities in the
Group, and include adjustments and reclassifications necessary to ensure the harmonisation of the accounting principles and policies and the measurement criteria applied by the Group, which are described in this note.

The information included in these consolidated annual financial statements is the responsibility of the directors of the Group’s parent company.
The Group’s consolidated annual financial statements for 2023 were signed off by the directors of Banco Sabadell at a meeting of the Board of Directors on 22 February 2024 and will be submitted to shareholders at the Annual General Meeting
for approval. It is expected that the shareholders will approve the accounts without significant changes.

Except as otherwise indicated, these
consolidated annual financial statements are expressed in thousands of euros. In order to show the amounts in thousands of euros, the accounting balances have been subject to rounding; for this reason, some of the amounts appearing in certain tables
may not be the exact arithmetic sum of the preceding figures.

A-243

Standards and interpretations issued by the International Accounting Standards Board (IASB) that entered into force in 2023 In 2023, the standards and interpretations adopted by the European Union, together with their amendments, which have been applied by the Group due to their entry into force or their early application, are the following:

| Standards                                         |     | Titles                                                                             |
| IFRS 17                                           |     | Insurance contracts                                                                |
| Amendment to IFRS 17                              |     | Initial application of IFRS 17 and IFRS 9: Comparative information                 |
| Amendments to IAS 1 and IFRS Practice Statement 2 |     | Disclosure of accounting policies                                                  |
| Amendments to IAS 8                               |     | Definition of accounting estimates                                                 |
| Amendments to IAS 12                              |     | - Deferred tax related