Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 164

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 164
---
 size(1)                                                                                                                                                                           |     |  2,155 |
| Acquisitions and disposals                                                                                                                                                              |     |    912 |
| Foreign exchange movements                                                                                                                                                              |     |   -576 |
| Other(2)                                                                                                                                                                                |     |   -738 |
| RWA as of December 31, 2024                                                                                                                                                             |     | 15,914 |
| (1)Asset size includes changes due to the revaluation of investments and the organic profit  generation of Group's insurance companies.                                                 |     |        |
| (2)Other includes the effect of the deduction significant holdings value in financial sector entities exceeding the joint limit with DTAs of 17.65% of CET1 (see section 3.2 letter n). |     |        |

The portfolio mainly includes the Group’s insurance companies, which for regulatory purposes are considered as investments in associates. It also includes stakes in real estate investment companies and equity

holdings in other sectors, with a significant stake in Telefónica, Crea Madrid Nuevo Norte and Metrovacesa. During 2024, the risk-weighted assets for equity risk significantly increase. On one hand, this is due to the rise in the amount of financial and insurance companies, as the deduction under Article 48 of the CRR is not activated by December 2024. On the other hand, the value of non-financial companies in which the bank holds a significant stake also increases due to the overall rise in their valuation and the application of the Fall-back method to some CIUs. Additionally, the value of risk-weighted assets grows due to new acquisitions made by the Group in digital companies and start-ups and and the additional participation in Crea Madrid Nuevo Norte.

| PILLAR 3 2024 |     | 4. RISK |     | P. 191 |

4.5.

### Liquidity Risk
Liquidity and funding risk is defined as the incapacity of a bank in meeting its payment commitments due to lack of funds or that, to face those commitments, should have to make use of funding under burdensome terms.

#### 4.5.1.

### Liquidity and Funding strategy and planning
Articles 435 (1) a), e), 451a (1), (4) CRR

EU OVA c), EU LIQA a), h)

Liquidity and Funding Risk Management main target is to maintain a solid balance sheet structure which allows a sustainable business model.

Liquidity and