Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 546

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 546
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470 |
| By currency:                                  |     |         |            |     |        |           |     |             |           |     |         |            |     |        |           |     |             |           |
| In euro                                       |     |         | 40,869,593 |     |        |   872,897 |     |             |   831,600 |     |         | 28,752,613 |     |        | 1,303,596 |     |             |   935,274 |
| In foreign currency                           |     |         | 33,233,099 |     |        | 1,551,701 |     |             |   340,357 |     |         | 27,206,270 |     |        | 1,768,495 |     |             |   307,196 |
| Total                                         |     |         | 74,102,692 |     |        | 2,424,598 |     |             | 1,171,957 |     |         | 55,958,883 |     |        | 3,072,091 |     |             | 1,242,470 |

The types of hedges according to their composition that are identified in the table are as follows:

| A. | Micro-hedges of interest rate risk on the Institution’s funding operations in capital markets and transactions                  
 involving structured term deposits opened by customers, recognised under the heading “Financial liabilities at amortised cost”. |

| B. | Micro-hedges of transactions involving loans granted to customers, recognised under the heading “Financial                                                                                                                  
 assets at amortised cost”, and those involving debt securities under the headings “Financial assets at fair value through other comprehensive income” and “Financial assets at amortised cost”. As at 31 December 2023, the 
 hedge of transactions involving loans granted to customers was no longer in effect.                                                                                                                                         |

A-377

| C. | Micro-hedges of future transactions. The Institution designates as a hedging item those derivative contracts that                                       
 will be settled at their gross amount through the transfer of the underlying asset (generally fixed-income securities) according to the contract price. |

| D. | Micro-hedging operations carried out by the Group’s securitisation funds. |

| E. | Micro-hedges of transactions involving structured term deposits arranged with customers and which are currently being 
 sold.                                                                                                                 |

| F. |