Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 104

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 104
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     |                      |   44 |   |     |      |  31 |   |     |                     |  41.8 |

79

Liquidity and Capital Resources Liquidity Management The information in this subsection has been extracted from page 93 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-93. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024. Banco Sabadell’s liquidity management seeks to ensure funding for its business activity at an appropriate cost and term while minimizing liquidity risk. Banco Sabadell’s funding policy focuses on maintaining a balanced funding structure, based mainly on customer deposits, and it is supplemented with access to wholesale markets. Funding Strategy and Evolution of Liquidity The information in this subsection has been extracted from page 98 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-98. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 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 programs 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 ECB. On-BalanceSheet Customer Funds The information below has been extracted from page 98 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-98. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024. On-balance sheet customer funds as at December 31, 2024 and 2023 are shown below by maturity:

|                          |     |                 2024 |         |     | 3 months |      |   |     | 6 months |      |   |     | 12 months |      |   |     | >12 months |      |   |     | No maturity |