Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 651

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 651
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 be used immediately to generate liquidity and which comprise the 
 Group’s first line of liquidity.                                                                                   |

| – | Diversification of funding sources, with controlled use of short-term wholesale funding without having to depend on 
 individual fund suppliers.                                                                                          |

| – | Self-funding by the main banking subsidiaries outside Spain. |

| – | Oversight of the balance sheet volume being used as collateral in funding operations. |

| – | Maintenance of a second line of liquidity that includes the capacity to issue covered bonds. |

| – | Alignment with the interests of stakeholders through regular public disclosure of liquidity risk information. |

| – | Availability of a Liquidity Contingency Plan. |

With respect to 2023, the mitigating measures introduced by central banks due to Covid-19continue to be phased out and certain measures, such as the granting of loans and credit to non-defaulted non-financialcompanies (including SMEs) and self-employed persons with a State guarantee granted under and in accordance with Art. 29 of Royal Decree-Law8/2020 of 17 March, and the extraordinary urgent measures to address the economic and social impact of Covid-19,as well as the reduction of haircuts applied to the valuation of collateral provided to secure loans, were discontinued. Tools/metrics for monitoring and controlling liquidity risk management Banco Sabadell Group has a system of metrics and thresholds which are provided in the RAS and which define the appetite for liquidity risk, previously approved by the Board of Directors. This system enables liquidity risk to be assessed and monitored, ensuring the achievement of strategic objectives, adherence to the risk profile, as well as compliance with regulations and supervisory guidelines. Within the Group-level monitoring of liquidity metrics, there are metrics established at the Group level and calculated on a consolidated basis, metrics established at the Group level and rolled out to each Group LMU, as well as metrics established at the LMU level to reflect specific local characteristics. Both the metrics defined in the Banco Sabadell Group RAS and those defined in the local RAS of subsidiaries are subject to governance arrangements relating to the approval, monitoring and reporting of threshold breaches, as well as remediation plans established in the RAF on the basis of the hierarchical level of each metric (these are classified into three tiers). It should be mentioned that the Group has designed and implemented a system of early warning indicators (EWIs) at the LMU level, which includes market and liquidity indicators adapted to the funding structure and business model of each LMU. The rollout