Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 331

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 331
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 |   500 |     |      | 1,317 |     |      |    18 |     |      |   500 |     |      | 1,500 |     |       |   195 |     |             |  4,425 |
| Subordinated debt and preferred securities (**) |     |      |     — |     |      |     — |     |      |   500 |     |      |     — |     |      |     — |     |      |     — |     |       | 3,065 |     |             |  3,565 |
| Total                                           |     |      | 3,555 |     |      | 2,816 |     |      | 3,207 |     |      | 2,769 |     |      | 3,673 |     |      | 3,200 |     |       | 3,960 |     |             | 23,180 |

(*) Secured issues. (**) Unsecured issues. The Group has a number of funding programmes in operation in capital markets with a view to diversifying its different funding sources. In terms of short-term funding, as at year-endthere was one commercial paper programme in operation, which governs the issuance of such securities and is aimed at institutional and retail investors. The Banco Sabadell Commercial Paper Programme for 2024, registered with Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U. (IBERCLEAR), has an issuance limit of 7 billion euros, which can be extended to 9 billion euros. As at 31 December 2024, the outstanding balance of the programme was 511 million euros (net of commercial paper subscribed by Group companies), compared with 1,383 million euros as at 31 December 2023. A-99

Regarding medium- and long-term funding, the Institution has the following programmes in operation:

| – | Base Prospectus of Non-Equity Securities (“Fixed Income Programme”)                                                                                                                                                                             
 registered with the CNMV on 18 July 2024, with an issuance limit of 10 billion euros, which permits the issuance of instruments under Spanish law through the CNMV aimed at institutional and retail investors, both domestic and foreign. More 
 specifically, the programme regulates the issuance of straight, non-preferred or structured bonds and debentures, in addition to mortgage covered bonds and public sector