Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 424

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 424
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 approach:

| – | Transactions are placed in different time brackets according to their contractual maturity date. |

| – | Demand liabilities are included in the “on demand” tranche, without taking into account their type 
 (stable vs unstable).                                                                              |

A-186

| – | There are also contingent commitments which could lead to changes in liquidity needs. These are fundamentally credit                                               
 facilities with amounts undrawn by the borrowers as at the balance sheet date. The Board of Directors also establishes limits in this regard for control purposes. |

| – | Balances related to financial guarantee contracts have been included for the parent company, allocating the maximum 
 amount of the guarantee to the earliest period in which the guarantee can be called.                                |

| – | Funding in capital markets obtained through instruments that include clauses which could lead to accelerated                                                                                                                                     
 repayment (instruments with clauses linked to a credit rating downgrade or puttables) is reduced in line with the Group’s financial liabilities. It is for this reason that the estimated impact on the parent company would not be significant. |

| – | As at 31 December 2024 and 2023, the Group had no instruments in addition to those regulated by master 
 agreements associated with the arrangement of derivatives and repos/reverse repos.                     |

| – | The Group does not have any instruments that allow the Institution to choose whether it settles its financial                
 liabilities by delivering cash (or another financial asset) or by delivering its own shares as at 31 December 2024 and 2023. |

Funding strategy and evolution of liquidity in 2024 The Group’s primary source of funding is customer deposits (mainly demand deposits and term deposits acquired through the branch network), supplemented with funding raised through interbank and capital markets in which the Institution has and regularly renews various short-term and long-term funding programmes in order to achieve an adequate level of diversification by type of product, term and investor. The Institution maintains a diversified portfolio of liquid assets that are largely eligible as collateral in exchange for access to funding operations with the European Central Bank (ECB). On-balancesheet customer funds On-balancesheet customer funds as at 31 December 2024 and 2023 are shown below by maturity:

| Million euro / %                          |     |      |     |      |         |     |          |      |   |     |          |      |   |     |           |      |   |     |        |      |   |     |             |       |   |
|                                           |