Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 601

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 601
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 best practices in liquidity risk management and control, ensuring not only compliance with                                      
 regulatory requirements but also, under a criterion of prudence, the availability of sufficient liquid assets to overcome possible stress events. |

| – | Decentralised liquidity management system for the more significant units but with a centralised risk oversight and 
 management system.                                                                                                 |

| – | Sound processes for the identification, measurement, management, control and disclosure of the different liquidity sub-risks to which the Group is exposed. |

| – | Holistic overview of risk, through first- and second-tier risk taxonomies, and complying with regulatory 
 requirements, recommendations and guidelines.                                                            |

| – | Existence of a transfer pricing system to transfer the cost of funding. |

A-409

| – | Balanced funding structure with a predominance of customer deposits. |

| – | Ample base of unencumbered liquid assets that can 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