Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 489

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 489
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. The activation of the CCP may occur in response to systemic, idiosyncratic or combined contingencies. The CCP includes the governance process (preparation, approval and updating),
the key processes involved in its implementation (identification, activation, management and closure) and the capital measures to be applied in different contingency situations or crises associated with its activation. No specific reporting process
is defined for the CCP; instead, there is a general framework for action that is underpinned by protocols and by the reporting structure already in place.

A-210

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. Eligible capital and capital ratios As at 31 December 2024, the Group’s eligible capital amounts to 14,181 million euros (13,926 million euros as at 31 December 2023), representing a surplus above minimum capital requirements of 3,356 million euros (3,480 million euros as at 31 December 2023), as shown below:

| Thousand euro                                                          |     |      |            |     |      |            |     |              |        |
|                                                                        |     | 2024 |            |     | 2023 |            |     | Year-on-year 
 change (%)   |        |
| Capital                                                                |     |      |    680,028 |     |      |    680,028 |     |              |      — |
| Reserves (includes profit attributable to the Group, net of dividends) 
 (*)                                                                    |     |      | 13,158,609 |     |      | 13,198,328 |     |              |  -0.30 |
| Valuation adjustments                                                  |     |      |   -361,206 |     |      |   -471,695 |     |              | -23.42 |
| Deductions                                                             |     |      | -2,992,477 |     |      | -3,059,900 |     |              |  -2.20 |
| CET1 capital                                                           |     |      | 10,484,954 |     |      | 10,346,761 |     |              |   1.34 |
| CET1 (%)                                                               |     |      |      13.02 |     |      |      13.19 |     |              |  -1.33