Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 47

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 47
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, 2024, a volume of own funds and eligible liabilities in terms of total exposure considered for purposes of calculating the leverage ratio of 8.48% (the “MREL in LR”) 12 .

With respect to the MREL ratios achieved as of December 31, 2024, these were 27.92% and 12.10%, respectively for MREL in RWA and MREL in LR, reaching the subordinated ratios of both 23.13% and 10.03%, respectively.

In terms of disclosure, BBVA, as an O-SII, is subject to the requirements of the BRRD (article 45 decies, paragraph 6), and article 437a of the CRR does not apply to it as it is not considered to be G-SIB.

The following table shows, among others, the detail of shareholders' equity and eligible liabilities, which make up the structure of the MREL base. Only the applicable rows and columns are presented in the table:

7 Multiple Point of Entry established by the Single Resolution Board (SRB). Being an MPE implies that, should any of the group's subsidiaries have solvency, liquidity or operational problems, the resolution authority could liquidate/resolve that entity without affecting the rest of the companies in the banking group.

8 The resolution group is made up of Banco Bilbao Vizcaya Argentaria, S.A. and the subsidiaries belonging to the same European resolution group.

9 According to the article 64 of the CRR, during the 5 years prior to the maturity of an issuance, its eligibility progressively decreases until it reaches zero at maturity.

10 The subordinated requirement in RWA is 13.50%.

11 Calculated according to current regulations and supervisory criteria as of December 31, 2024

12 The subordinated requirement in LR is 5.78%.

| PILLAR 3 2024 |     | 3. SOLVENCY |     | P.58 |

| Table 15.EU TLAC1 - Composition - MREL and, where applicable, G-SII Requirement for own funds and eligible liabilities(Million Euros. 12-31-2024) |

|                                                                                                                                                         |     | Minimum requirement for own funds and eligible liabilities (MREL) |       |         |
| Own funds and eligible liabilities and adjustments                                                                                                      |     |                                                                   |       |         |
| Common Equity Tier 1 capital (CET1)                                                                                                                     |     |