Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 486

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 486
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ferreddebt and 750 million euros plus 450 million pounds sterling of senior preferred debt (see Note 4.4.3.1 - Liquidity and funding risk). A-208

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. Banco Sabadell is compliant with the new MREL requirements, as shown below:

|                           |     | MREL ratio |     |       |     | Subordination ratio |     |       |
|                           |     | % TREA     |     | % LRE |     | % TREA              |     | % LRE |
| MREL 31 December 2024 (*) |     | 24.66%     |     | 9.54% |     | 20.49%              |     | 8.11% |
| MREL 31 December 2023 (*) |     | 24.73%     |     | 9.34% |     | 20.13%              |     | 7.80% |

(*) The MREL and subordination ratios as a % of the TREA shown in this table do not include capital used to meet the CBR. Furthermore, the Institution’s Funding Plan anticipates that it will continue to comply, comfortably, with the current requirements in force. Capital management The management of capital resources is the result of an ongoing capital planning process This process considers the evolution of the economic, regulatory and sectoral environment. It takes into account the expected capital consumption of different activities, under the various envisaged scenarios, and the market conditions that could determine the effectiveness of the various actions being considered. The process is enshrined within the Group’s strategic objectives and aims to achieve an attractive return for shareholders, whilst also ensuring that its level of own funds is appropriate in terms of the risks inherent in banking activity. As regards capital management, as a general policy, the Group aims to adjust its available capital to its overall level of risks incurred. The Group follows the guidelines set out in CRD-Vand associated regulations, as well as their successive updates, in order to establish own funds requirements that are inherent in the risks actually incurred by the Group, based on independently validated internal risk measurement models. To this end, the Group has been authorised by the supervisor to use the majority of its internal models to calculate regulatory capital requirements. The Group carries