Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047437
Chunk: 24

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 24
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 our results of operations, stated in euro, to fully show the performance in local currency terms of our subsidiaries.

Except with respect to hyperinflationary economies, where all the components of the financial statements (including income statement items) of the relevant subsidiaries (in each case, for any period in which the economy was considered to be hyperinflationary) are converted at the period-end exchange rate, the assets and liabilities of our subsidiaries which maintain their accounts in currencies other than the euro have been converted to the euro at the period-end exchange rates for inclusion in the Unaudited Condensed Interim Consolidated Financial Statements, and income statement items have been converted at the average exchange rates for the period. See Note 2.2.18 to the Consolidated Financial Statements for information on the application of IAS 29 “Financial Reporting in Hyperinflationary Economies”. The following table sets forth the exchange rates of the currencies of the main non-euro regions where we operate against the euro, expressed in local currency per €1.00 as averages for the nine months ended September 30, 2025 and September 30, 2024, and as period-end exchange rates as of September 30, 2025 and as of December 31, 2024 according to the ECB.

|                |     | Average Exchange Rates |     | For the nine months ended September 30, 2025 |     | For the nine months ended September 30, 2024 | Period-End Exchange Rates (1) 
 As of September 30, 2025      |     |            | As of December 31, 2024 |     |            |
|:---------------|:----|:-----------------------|:----|---------------------------------------------:|:----|---------------------------------------------:|:------------------------------|:----|-----------:|:------------------------|:----|-----------:|
| Mexican peso   |     |                        |     |                                      21.7995 |     |                                      19.2823 |                               |     |    21.5314 |                         |     |    21.5504 |
| Turkish lira   |     |                        |     |                                              |     |                                              |                               |     |    48.8227 |                         |     |    36.7372 |
| U.S. dollar    |     |                        |     |                                       1.1190 |     |                                       1.0870 |                               |     |     1.1741