Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 107

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 107
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            |  3,817 |     |      |  3,164 |
| Commercial paper and ECP                   |     |            |      — |     |      |      6 |
| Senior debt                                |     |            |  4,273 |     |      |  4,215 |
| Senior non-preferred debt                  |     |            |  5,030 |     |      |  4,425 |
| Subordinated debt and preferred securities |     |            |  4,065 |     |      |  3,565 |
| Asset-backed securities                    |     |            |  2,185 |     |      |  1,410 |
| Of which: TSB Bank                         |     |            |    597 |     |      |      — |
| Of which: Sabadell Consumer Finance        |     |            |    294 |     |      |    494 |

81

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, 2023, reproduced herein on page A-325. See also Note 4.4.3.1 and Schedule III to the consolidated financial statements as of and for the year ended December 31, 2023. In 2023, the level of funding in capital markets has increased, with mortgage covered bonds being the item with the greatest net increase. Furthermore, in order to keep an adequate level of own funds and eligible liabilities above the applicable regulatory requirement or Minimum Requirement for own funds and Eligible Liabilities (“MREL”), senior non-preferreddebt has also increased. The information below has been extracted from pages 99 and 100 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on pages A-99 and A-100.See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024. In terms of short-term funding, as at year-endthere was one commercial paper program in operation, which governs the issuance of such securities and is aimed at institutional and retail investors. The Banco Sabadell Commercial Paper Program for 2024, registered with Iberclear, has an issuance limit of €7 billion, which can be extended to €9 billion. As at December 31, 202