Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 360

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 360
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 |     | 22.52%                    |     | 6.35% |     | 22.14%           |     | 6.39% |
| Subordination Requirement (**) |     | 17.31%                    |     | 6.35% |     | 15.84%           |     | 6.39% |

(*) Effective from 1 January 2024 to 16 December 2024. (**) The MREL and subordination requirements as a % of the TREA do not include capital used to meet the CBR. In 2024, the Group issued 1 billion euros of MREL-eligible senior non-preferreddebt and 750 million euros plus 450 million pounds sterling of senior preferred debt (see Note 4.4.3.1 - Liquidity and funding risk). A-119

Banco Sabadell is compliant with the new MREL requirements, as shown below:

|                           |     | MREL ratio |     |       |     | Subordination ratio |     |       |
|                           |     | % TREA     |     | % LRE |     | % TREA              |     | % LRE |
| MREL 31 December 2024 (*) |     | 24.66%     |     | 9.54% |     | 20.49%              |     | 8.11% |
| MREL 31 December 2023 (*) |     | 24.73%     |     | 9.34% |     | 20.13%              |     | 7.80% |

(*) The MREL and subordination ratios as a % of the TREA shown in this table do not include capital used to meet the CBR. Furthermore, the Institution’s Funding Plan anticipates that it will continue to comply, comfortably, with the current requirements in force. Capital management The management of capital resources is the result of an ongoing capital planning process This process considers the evolution of the economic, regulatory and sectoral environment. It takes into account the expected capital consumption of different activities, under the various envisaged scenarios, and the market conditions that could determine the effectiveness of the various actions being considered. The process is enshrined within the Group’s strategic objectives and aims to achieve an attractive return for shareholders, whilst also ensuring that its level of own funds is appropriate in terms of the risks inherent in banking activity. As regards capital management, as a general