Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 314

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 314
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 in fully-loaded terms, the Tier 1 ratio stands at 16.53% (phase-in)and 16.46% (fully-loaded), while the total capital ratio stands at 18.82% (phase-in) and 18.73% (fully-loaded). Leverage ratio The leverage ratio aims to reinforce capital requirements by providing a supplementary measure that is not linked to the level of risk. With the introduction of the CRR II regulation, a minimum leverage ratio of 3% is required as from June 2021; this percentage is comfortably exceeded by the Group as at 30 June 2025. The phase-inleverage ratio as at 30 June 2025 and 31 December 2024 is shown below:

| Thousand euro  |     |            |             |     |            |             |
|                |     | 30/06/2025 |             |     | 31/12/2024 |             |
| Tier 1 capital |     |            |  13,538,165 |     |            |  12,235,795 |
| Exposure       |     |            | 252,240,719 |     |            | 235,163,653 |
| Leverage       
 ratio          |     |            |       5.37% |     |            |       5.20% |

During the first half of 2025, the leverage ratio increased by 17 basis points compared to 31 December 2024, mainly due to the issuance of contingently convertible preferred securities on 20 May 2025 and the positive evolution of CET1 capital, which was largely due to the profits generated in the period. The improvement in CET1 is partially offset by increased exposure, essentially resulting from the growth of deposits with central banks, lending items and public debt, and the impact of the entry into force of CRR Ill due to the changes introduced to the Credit Conversion Factors (CCFs) applicable to off-balancesheet items; these impacts are partially offset by the currency effect. The fully-loaded leverage ratio as at 30 June 2025 is 5.37%, while the phase-inratio is identical as the impact of the transitional arrangements introduced by CRR Ill is marginal. Considering the aforementioned commitment to distribute any excess capital above the 13% CET1 ratio 6, the leverage ratio would stand at 5.19%, both phase-inand fully-loaded, as at 30 June 2025. For more information on