Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 890

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 890
---
, translation differences and other |     |  -21,737 |
| Balance as at 31 December 2021                            |     |  638,782 |
| Profit/(loss) for the year                                |     |  122,167 |
| Acquisition or capital increase (*)                       |     |    1,747 |
| Sale or dissolution                                       |     |  -49,972 |
| Dividends                                                 |     | -151,818 |
| Impairment, allowances, translation differences and other |     |  -45,661 |
| Balance as at 31 December 2022                            |     |  515,245 |

(*) See consolidated cash flow statement. The section of the cash flow statement “Cash flows from investing activities – Collections – Investments in joint ventures and associates” shows 210,300 thousand euros, of which 49,972 thousand euros correspond to sales or dissolutions, 151,818 thousand euros to dividends charged and 8,510 thousand euros to derecognitions and settlements included in the breakdown shown in Schedule I. Furthermore, the section “Cash flows from investing activities – Payments – Investments in joint ventures and associates” of this statement shows 1,747 thousand euros, which correspond to the acquisitions and capital increases carried out during 2022. The main investee companies included for the first time in the balance sheet and those no longer in the balance sheet in 2022 y 2021 are indicated in Schedule I. As at 31 December 2022 and 2021, no support agreements or other type of significant contractual commitment had been provided by the Bank or its subsidiaries to associates. The reconciliation between the Group’s investment in investees and the balance recorded under the heading “Investments in joint ventures and associates” is as follows:

| Thousand euro                               |     |      |         |     |      |         |
|                                             |     | 2022 |         |     | 2021 |         |
| Group investment in associates (Schedule I) |     |      | 220,505 |     |      | 267,469 |
| Contributions due to retained earnings      |     |      | 349,187 |     |      | 391,492 |
| Value adjustments                           |     |      | -54,447 |     |      | -20,179 |
| Total                                       |     |      | 515,245 |     |      | 638,782 |

A-699

As confidentially submitted to the