Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 750

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 750
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) and considering any supplementary guarantees, the “fit” between the company’s working capital and its total sales; the appropriateness of the total
amount borrowed from the Group based on the business’s capital strength, examinations of internal and external databases of defaulters, etc. The profitability associated with the level of risk of each customer is also included in the analysis,
with minimum levels to be achieved.

Reviews of charges and liens associated with the security provided and the registration of mortgages with the
Property Registry are also applicable in this case.

Discretion figures are assigned based on the expected loss on the transaction/customer/risk
group and the total risk of the customer or risk group. There are several levels in the approval process. In each such level there is a “core management team”, one member of which will be on the business side and one on the risk management
side. All loan approvals must be the result of a joint decision. As with retail customers, a set of exceptional circumstances has been specified for borrowers and sectors, and these are provided for in the Group’s internal procedures.

As in the case of retail customers, transactions are monitored using early warning tools. There are also procedures to ensure that the securities and
guarantees provided are constantly being reviewed and validated.

A-677

Schedule IV – Details of outstanding issues and subordinate liabilities of the Group Debt securities in issue The breakdown of the Group’s issues as at 31 December 2022 and 2021 is as follows:

| Thousand euro                  |            |            |            |           |     |           |     |                              |     |                    |     |                 |     |               |
| Issuer                         |            | Issue date |            |    Amount |     |           |     | Interest rate ruling as at   
 31/12/2022                   |     | Maturity/call date |     | Issue           
 currency        |     | Target of     
 offering      |
|                                | 31/12/2022 |            | 31/12/2021 |           |     |           |     |                              |     |                    |     |                 |     |               |
| Banco de Sabadell, S.A.        |            | 03/07/2017 |            |         — |     |    10,000 |     | MAX(EURIBOR 3M + 0.30; 0.3%) |     | 04/07/2022         |     | Euros           |     |