Company: BBVXF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001628280-25-047351
Chunk: 20

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-10-30
Form: 6-K
Chunk 20
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IONS OF EUROS) |

| -3.4% |       |     | +0.5% |       |
|       | -2.0% |     |       | +0.9% |

– Credit risk increased by 2.5 % in the third quarter of the year (both at current and constant exchange rates) with generalized growth in all geographical areas, and highlighting, in percentage terms, the variation in Turkey and Rest of Business. Growth in the last twelve months exceeded double digits, standing at 11.9 % ( +14.8 % at constant exchange rates), with Turkey and Rest of Business also standing out. – The balance of non-performing loans decreased by 2.0 % in the third quarter of 2025 at the Group level. At constant exchange rates, the change stood at -1.9 %, supported by the decrease in Spain, where sales of portfolios were made in the quarter, which in turn contributes, together with Rest of Business and South America, to the decline in Group´s non- performing loans in the last 12 months ( -6.5 % at current exchange rates, 4.8% at constant exchange rates ). – The NPL coverage ratio ended September 2025 at 84 % , which represents an increase of 239 basis points compared to the previous quarter (and an increase of 875 basis points compared to the end of September 2024), mainly due to higher coverage in Spain. – The cumulative cost of risk as of September 30, 2025 stood at 1.35%, with an improvement of 7 basis points compared to the end of September 2024 and 3 basis points above the previous quarter. All business areas recorded a year-on-year improvement in this indicator, except for Turkey, where the evolution remains in line with expectations.

| NPL AND NPL COVERAGE RATIOS AND COST OF RISK (PERCENTAGE) |

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

| January - September 2025Report - p.25 |

| CREDIT RISK ⁽¹⁾ (MILLIONS OF EUROS)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |          |          |          |          |          |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 30-09-25 | 30-06-25 | 31-03-25 | 31-12-24 | 30-09-24 |
| Credit risk