Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000023
Chunk: 9

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 9
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 referred to above, the Group has a Corporate Center which includes those items that have not been allocated to an operating segment. It includes the Group’s general management functions, including costs from central units that have a corporate function; management of structural exchange rate positions carried out by the Assets & Liabilities Management unit (“

#### ALCO
”), including currency hedging; certain proprietary portfolios; certain tax assets and liabilities; certain provisions related to commitments with employees; and goodwill and other intangibles, as well as the financing of such asset portfolios. It also includes the results of the Group’s stake in the venture capital fund Propel Venture Partners.

Following the publication of the Consolidated Financial Statements, certain immaterial balance sheet amounts related to specific activities among the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the segment information as of December 31, 2024 and for the three months ended March 31, 2024 comparable with the segment information as of and for the three months ended March 31, 2025, segment information as of December 31, 2024 and for the three months ended March 31, 2024 has been revised in conformity with these intra-group reallocations. These intra-group adjustments had no impact at the consolidated level.

The breakdown of the Group’s total assets by each of BBVA’s operating segments and the Corporate Center as of March 31, 2025 and December 31, 2024 was as follows:

|                                      |     | As of March 31, 2025  |     |         | As of December 31, 2024 |     |         |
|:-------------------------------------|:----|:----------------------|:----|--------:|:------------------------|:----|--------:|
|                                      |     | -In Millions of Euros |     |         |                         |     |         |
| Spain                                |     |                       |     | 405,324 |                         |     | 411,620 |
| Mexico                               |     |                       |     | 162,908 |                         |     | 168,470 |
| Turkey                               |     |                       |     |  85,975 |                         |     |  82,782 |
| South America                        |     |                       |     |  72,915 |                         |     |  73,997 |
| Rest