Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 762

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 762
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 | 2.5 |     |      | 2.5 |
| Alternative scenario 1 |     |      |  5.7 |     |      |  4.8 |     |       |  4.0 |     |      |  3.8 |     |            |  3.6 |     |      |  3.5 |     |                |  4.3 |     |      | 3.3 |     |      | 2.5 |     |      | 2.5 |
| Alternative scenario 2 |     |      | -0.5 |     |      |  0.6 |     |       |  1.8 |     |      |  2.0 |     |            |  2.4 |     |      | -7.3 |     |                | -7.2 |     |      | 9.6 |     |      | 7.4 |     |      | 4.2 |

(*) For Spain, the price variation at year-endis calculated and, for the UK, the average price variation over the year is calculated. When applying the macroeconomic scenarios, the recommendations issued by accounting supervisors and regulators have been taken into account in order to prevent excessive pro-cyclicalityas a result of the short-term volatility in the environment, attaching greater importance to longer-term economic outlooks. In the Group, macroeconomic scenarios have been incorporated into the impairment calculation model. The Group makes a series of additional adjustments to the results of its credit risk models, referred to as post model adjustments (PMAs) or overlays, in order to address situations in which the results of the models are not sufficiently sensitive to the uncertainty in the macroeconomic environment. These adjustments are temporary and remain in place until the reasons for which they were originally applied cease to exist. The application of these adjustments is subject to the governance principles established by the Group. Specifically, in 2022 a series of additional allowances have been recognised over and above the expected losses and incorporating specific sectoral features related to the current macroeconomic situation and the new inflationary environment, amounting to 170 million euros. The Group applies the criteria described below to calculate credit loss allowances. A-581

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly