Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 458

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 458
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%   |
| Includes counterparty credit risk. |     |      |         |     |      |         |

The leverage ratio aims to reinforce capital requirements by providing a supplementary measure that is not linked to the level of risk. Article 92 of the CRR II regulation establishes that a minimum leverage ratio of 3% is required as from June 2021; this percentage is comfortably exceeded by the Group as at 31 December 2024. The phase-inleverage ratio as at 31 December 2024 and 2023 is shown below:

| Thousand euro  |     |      |             |     |      |             |
|                |     | 2024 |             |     | 2023 |             |
| Tier 1 capital |     |      |  12,234,954 |     |      |  12,096,761 |
| Exposure       |     |      | 235,163,653 |     |      | 233,254,941 |
| Leverage ratio |     |      |      5.20 % |     |      |      5.19 % |

During 2024 the leverage ratio increased by 1 basis point with respect to the corresponding ratio as at 31 December 2023, due mainly to the increase in Tier 1 capital, partially offset by increased exposure due to lending growth. Tier 1 capital also improved during the period, mainly due to the positive evolution of Common Equity Tier 1 (CET1) capital due to the profit earned during the year. For more information about capital management, capital ratios and the leverage ratio, their composition, details of parameters and their management, see the Pillar 3 Disclosures report, which is published annually and is available on the Group’s website (www.grupbancsabadell.com), in the section “Shareholders and investors - Economic and financial information”. A-214

Note 6 – Fair value of assets and liabilities Financial assets and financial liabilities The fair value of a financial asset or financial liability at a given date is understood as the amount at which it could be sold or transferred, respectively, as at that date, between two independent and knowledgeable parties acting freely and prudently, under market conditions. The most objective and commonly used reference for the fair value of a financial asset or financial liability is the price that would be paid in an organised, transparent and deep market (“quoted price” or “market price”). When there is no market price