Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 123

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 123
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 3, do not significantly differ from those detailed in Note 8 of the consolidated financial statements for the year ended December 31, 2024.

The effect on the consolidated income statements and on the consolidated equity, resulting from changing the main assumptions used in the valuation of Level 3 financial instruments for other reasonably possible assumptions, does not differ significantly from that detailed in Note 8 of the consolidated financial statements for the year ended December 31, 2024.

<div align='center'>F-33</div>

7.1 Fair value of financial instruments recognized at fair value according to valuation method

The fair value of the Group's financial instruments recognized at fair value from the attached condensed consolidated balance sheets is presented below, broken down according to the valuation method used to determine their fair value, and their respective book value as of June 30, 2025 and December 31, 2024:

| FAIR VALUE OF FINANCIAL INSTRUMENTS RECOGNIZED AT FAIR VALUE BY LEVEL.                                                             June 2025 (MILLIONS OF EUROS) |     |       |     |         |     |            |            |     |         |     |        |     |       |
|                                                                                                                                                                  |     | Notes |     |         |     | Book value | Fair value |     |         |     |        |     |       |
|                                                                                                                                                                  |     |       |     | Level 1 |     |    Level 2 |            |     | Level 3 |     |        |     |       |
| ASSETS                                                                                                                                                           |     |       |     |         |     |            |            |     |         |     |        |     |       |
| Financial assets held for trading                                                                                                                                |     |     9 |     |         |     |    106,396 |            |     |  26,007 |     | 78,275 |     | 2,114 |
| Derivatives                                                                                                                                                      |     |       |     |         |     |     33,439 |            |     |     481 |     | 32,544 |     |   414 |
| Equity instruments                                                                                                                                               |     |       |     |         |     |      6,744 |            |     |   6,535 |     |    158 |     |    52 |
| Debt securities                                                                                                                                                  |     |       |     |         |     |     27,796 |            |     |