Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0000842180-25-000002
Chunk: 69

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 69
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,193 |     |      |        12,308 |     |      |        10,701 |
| Denominator (Millions of euros) |     | + |     | Gross income       |     |      |        35,481 |     |      |        29,542 |     |      |        24,743 |
|                                 |     | = |     | Efficiency ratio   |     | 40.0 |             % |     | 41.7 |             % |     | 43.2 |             % |

Translation of this report originally issued in Spanish. In the event of a discrepancy, the Spanish-language version prevails.

| 60 |

#### Book value per share
The book value per share determines the value of a company on its books for each share held. It is calculated as follows:

| Shareholders' funds + Accumulated other comprehensive income |
| Number of shares outstanding - Treasury shares               |

Explanation of the formula: the figures for both "Shareholders' funds" and "Accumulated other comprehensive income" are taken from the balance sheet. Shareholders' funds are adjusted to take into account the execution of the "Dividend-option" at the closing dates on which it was agreed to deliver this type of dividend prior to the publication of the Group´s results. The denominator includes the final number of outstanding shares excluding own shares (treasury shares) and excluding the shares corresponding to share buyback programs. In addition, the denominator is also adjusted to include the capital increase resulting from the execution of the dividend options explained above. Both the numerator and the denominator take into account period-end balances.

Relevance of its use: it shows the company's book value for each share issued. It is a generally used ratio, not only in the banking sector but also in others.

| Book value per share                      |     |                                        |     |                              |     |         |     |          |     |          |     |         |     |          |
|                                           |     |                                        |     |                              |     |         |     | 31-12-24 |     | 31-12-23 |     |         |     | 31-12-22 |
| Numerator (Millions of euros)             |     | +                                      |     | Shareholders' funds          |     |         |     |   72,875 |     |   67,955 |     |         |     |   64,535 |
| +