Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 640

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 640
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             |     |      |             |
|                                  |     | 2023 |             |     | 2022 |             |
| Value of collateral              |     |      |  94,323,862 |     |      |  97,340,958 |
| Of which: securing stage 2 loans |     |      |   7,180,750 |     |      |   8,515,648 |
| Of which: securing stage 3 loans |     |      |   1,873,003 |     |      |   2,046,793 |
| Value of other guarantees        |     |      |  14,975,715 |     |      |  17,180,550 |
| Of which: securing stage 2 loans |     |      |   1,881,539 |     |      |   2,635,673 |
| Of which: securing stage 3       
 loans                            |     |      |   1,054,019 |     |      |   1,080,167 |
| Total value of guarantees        
 received                         |     |      | 109,299,577 |     |      | 114,521,508 |

The main risk concentration in relation to all of these types of collateral and credit enhancements corresponds to the use of mortgage guarantees as a credit risk mitigation technique in exposures of loans intended for the financing or construction of housing or other types of real estate. On a like-for-likebasis, as at 31 December 2023, the exposure to home equity loans and credit lines represented 57.5% of total gross performing lending items granted to customers (57.2% as at 31 December 2022). In addition, the Bank has carried out four synthetic securitisation transactions since 2020. Details of the outstanding transactions as at 2023 year-endare shown below: In September 2023, the Bank carried out a synthetic securitisation of a 1,139 million euro portfolio of loans to SMEs and mid-corporates,having received an initial guarantee from Sabadell Galera 3-2023Designated Activity Company in the amount of 58 million euros (58 million euros as at 31 December 2023), covering losses of between 0.95% and 5.05% on the securitised portfolio. In September 2022, the Bank carried out a synthetic securitisation transaction