Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 130

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 130
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 buffer, calculated on the basis of exposure as of March 31, 2025.

<div align='center'>F-50</div>

The breakdown of the leverage ratio as of June 30, 2025 and December 31, 2024, calculated according to CRR (Capital Requirements Regulation), is as follows:

| LEVERAGE RATIO                                     |     |      |          |     |      |          |
|                                                    |     |      |     June 
 2025 ⁽¹⁾ |     |      | December 
     2024 |
| Tier 1 (millions of Euros) (a)                     |     |      |   57,123 |     |      |   56,822 |
| Exposure to leverage ratio (millions of Euros) (b) |     |      |  824,769 |     |      |  834,488 |
| Leverage ratio (a)/(b) (percentage)                |     | 6.93 |        % |     | 6.81 |        % |

(1) Provisional data.

As of June 30, 2025, the leverage ratio stood at 6.93%. It is worth highlighting the reduction in exposure (around €10,000 million), due to the decrease in off-balance sheet exposure, as a result of the entry into force of CRR III, and the reduction of the deposits at central banks. In addition, there was an increase of approximately €300 million in Tier 1 capital, mainly due to the generation of results. Both effects together led to an increase of 12 basis points compared to December 31, 2024 (6.81%).

On June 12, 2025 the Group made public that it had received a communication from the Bank of Spain regarding its MREL 5 requirement, established by the Single Resolution Board (“SRB”). According to this communication, BBVA must maintain, as from June 12, 2025, an MREL in RWA of 23.13% 6 . In addition, BBVA must reach, also as from June 12, 2025, a volume of own funds and eligible liabilities in terms of total exposure considered for purposes of calculating the leverage ratio of, at least, 8.59% (the “MREL in LR”) 7 . These requirements do not include the current combined capital requirement, which, according to current regulations and supervisory criteria, is 3.