Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 74

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 74
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 the previous month. If the metric is presented on a date before the close of the fiscal year, the numerator will be annualized. By doing this, "Annualized loan-loss provisions" are calculated by accumulating and annualizing the loan-loss provisions of each month of the period under analysis (based on days passed).

Loan-loss provisions refer to the aforementioned loans and advances at amortized cost portfolios.

This indicator is shown, as others, at a business area level.

Relevance of its use: this is one of the main indicators used in the banking sector to monitor the situation and changes in the quality of credit risk through the cost over the year.

| Cost of risk                                                                                                                             |     |   |     |                                    |     |      |               |     |      |               |     |      |               |
|                                                                                                                                          |     |   |     |                                    |     |      | Jan.-Dec.2024 |     |      | Jan.-Dec.2023 |     |      | Jan.-Dec.2022 |
| Numerator (Millions of euros)                                                                                                            |     |   |     | Loan-loss provisions               |     |      |         5,708 |     |      |         4,345 |     |      |         3,252 |
| Denominator (Millions of euros)                                                                                                          |     |   |     | Average loans to customers (gross) |     |      |       400,008 |     |      |       378,402 |     |      |       356,064 |
|                                                                                                                                          |     | = |     | Cost of risk                       |     | 1.43 |             % |     | 1.15 |             % |     | 0.91 |             % |
| General note: average loans to customers (gross) figures for 2022 periods have been restated according to IFRS 17 - Insurance contracts. |     |   |     |                                    |     |      |               |     |      |               |     |      |               |

Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish-language version prevails.

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#### Legal disclaimer
This document is provided for informative purposes only and is not intended to provide financial advice and, therefore, does not constitute, nor should it be interpreted as, an offer to sell, exchange or acquire, or an invitation for offers to acquire securities issued by any of the aforementioned companies, or to contract any