Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 314

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 314
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 adapted to them and Bizum for those aged 12 and over in Spain.

Similarly, in 2021 BBVA established a goal of contributing to society, aiming to invest 550 million euros in social programs to benefit 100 million people between 2021 and 2025. BBVA has managed to meet its 2025 Community Investment Goal early, having managed to allocate 567 million euros to social programs and reach almost 106 million people.

In this sense, BBVA puts this contribution to the community into practice through its local banks and foundations, highlighting: (i) The BBVA Foundation; (ii) The BBVA Mexico Foundation, which focuses its activity in the educational sphere with its flagship program "Chavos que Inspiran" (offering a 10-year support plan to transform the lives of talented yet underprivileged young people from all over the country); and (iii) The BBVA Microfinance Foundation, which focuses on supporting vulnerable microentrepreneurs in Colombia, Chile, Panama, Peru and the Dominican Republic, through financial products and services such as microcredits, microinsurance or financial and digital education workshops.

Limits and procedures to assessing and addressing social risk

Article 449 bis CRR - Table (2) b), c)

BBVA has established a set of restrictions on the financing of new projects in certain sectors, as set out in our Environmental and Social Framework. This Environmental and Social Framework (hereinafter "Framework") aims to establish the criteria for the identification, evaluation and monitoring of certain activities in the following sectors, selected for their high potential impact on nature and society: mining, agribusiness, energy, infrastructure and defense. In this way, the Framework identifies restrictions, either via

prohibited activities or activities requiring special attention in these sectors.

The Framework prohibits the financing of certain activities in relation to those clients and projects covered by the Framework, under the terms set out therein, or those that threaten protected areas, deforestation, or exploitation of uncertified palm oil, including the following:

– Violation of Human Rights: Customers for whom BBVA has sufficient evidence that they are employing child or forced labor, or are involved in human trafficking, as these concepts are defined in the relevant ILO Conventions.

34 Of these EUR 11 billion, around EUR 7 billion relate to financing for small and medium-sized enterprises, while EUR 4 billion relate to Consumer Finance.

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENT