Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 889

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 889
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 and advances                          |     |   10,337 |     |       67 |
| Customers                                   |     |   10,337 |     |       67 |
| Equity instruments                          |     |  159,748 |     |  159,853 |
| Real estate exposure                        |     |  777,108 |     |  838,290 |
| Tangible assets for own use                 |     |   56,030 |     |   44,945 |
| Foreclosed assets                           |     |  721,078 |     |  793,345 |
| Leased out under operating leases           |     |        — |     |        — |
| Rest of other assets                        |     |    4,599 |     |        — |
| Impairment allowances                       |     | -213,479 |     | -220,175 |
| Non-current assets and                      
 disposal groups classified as held for sale |     |  738,313 |     |  778,035 |

Tangible assets for own use relate mainly to commercial premises. Regarding real estate assets obtained through foreclosures, 93.7% of the balance corresponds to residential properties, 5.8% to industrial properties and 0.5% to agricultural assets. The average term during which assets remained within the category of “Non-currentassets and assets and liabilities included in disposal groups classified as held for sale – Foreclosed assets” was 53 months in 2022 (43 months in 2021). The policies concerning the sale or disposal by other means of these assets are set out in Note 4.4.2.1. The percentage of foreclosed assets sold with financing granted to the buyer in 2022 was 4.9% (in 2021 it was 4.1%). On the date of sale, these properties had a gross asset value of 5.7 million euros in 2022 (9.6 million euros in 2021). In 2021, the Group recognised its 20% stake in the capital of the associate company Promontoria Challenger I, S.A., an entity controlled by Cerberus, into which the Group transferred a large portion of its real estate exposure in 2019, as a non-currentasset held for sale. A-697

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly