Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 600

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 600
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 ruling on the date on which the fair value was determined.                    |

| – | Income and expenses are translated at the exchange rate ruling at the transaction date. |

In general, exchange differences arising in the translation of debit and credit balances denominated in foreign currency are recognised in the consolidated income statement. However, for exchange differences arising in non-monetaryitems measured at fair value where the fair value adjustment is recognised under the heading “Accumulated other comprehensive income” in the consolidated statement of equity, a breakdown is given for the exchange rate component of the remeasurement of the non-monetaryitem. The balances of the financial statements of consolidated entities with a functional currency other than the euro are translated into euros in the following manner:

| – | Assets and liabilities are translated at the exchange rate ruling at each 
 year-end closing.                                                         |

| – | Income and expenses are translated at the average exchange rate, weighted by the volume of transactions of the 
 company whose income and expenses are being translated.                                                        |

| – | Equity is translated at historical exchange rates. |

Exchange differences arising in the translation of financial statements of consolidated entities with a functional currency other than the euro are recognised under the heading “Accumulated other comprehensive income” on the consolidated statement of equity. The exchange rates applied to translate balances denominated in foreign currency into euros are those published by the European Central Bank (ECB) on 31 December of each year. 1.3.19 Recognition of income and expenses Interest income and expenses and other similar items Interest income and expenses and other similar items are generally accounted for over the period in which they accrue using the effective interest rate method, under the headings “Interest income” or “Interest expenses” of the consolidated income statement, as applicable. Dividends received from other entities are recognised as income at the time the right to receive them originates. A-372

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. Commissions, fees and similar items Generally, income and expenses in the form of commissions and similar fees are recognised in the consolidated income statement based on the following criteria:

| – | Those linked to financial assets and financial liabilities measured at fair value through profit or loss are 
 recognised at the time of disbursement.                                                                      |

| – | Those related to transactions carried out or services rendered over a given period of time are recognised throughout 
 that