Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 285

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 285
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 – | The fair value of real estate assets held on the balance sheet (see Note 6). |

| – | The accounting classification of financial assets and off-balance sheet 
 exposures according to their credit risk (see Notes 8, 10 and 20).      |

| – | Impairment losses on certain financial assets and off-balance sheet exposures 
 (see Notes 8, 10 and 20).                                                     |

| – | The useful life and impairment losses of tangible assets and other intangible assets (see Notes 11 and 12). |

| – | The measurement of goodwill on consolidation (see Note 12). |

| – | The assumptions used in actuarial calculations of liabilities and post-employment obligations (see Note 18). |

| – | The provisions and consideration of contingent liabilities (see Note 18). |

| – | The recoverability of non-monetisable deferred tax assets and tax credits (see Note 32). |

| – | Corporation tax expense, which, in accordance with IAS 34, is recognised in interim periods based on the best 
 estimate of the weighted average tax rate that the Group expects for the full financial year.                 |

The estimates are based on the best knowledge to hand about current and foreseeable circumstances, taking into account the uncertainties stemming from the existing economic and geopolitical environment and, consequently, the final results could differ from these estimates, particularly in relation to impairment losses on certain financial assets and off-balancesheet exposures. Future events may therefore make it necessary to modify these estimates, which would involve recording the effects of such estimation changes, if any, in the Group’s consolidated financial statements on a forward-looking basis, in accordance with applicable regulations. The macroeconomic scenarios considered by the Group in its main estimates and the sensitivity of financial asset impairment allowances to changes in the main variables considered in the macroeconomic scenarios are described in Note 4.2.2. 1.5 Comparability The information contained in the condensed consolidated interim financial statements and explanatory notes corresponding to 31 December 2024 and 30 June 2024 is shown solely and exclusively for purposes of comparison against the information relating to the six-monthperiod ended 30 June 2025. 1.6 Seasonality of the Group’s transactions Given the activities engaged in by the Group’s companies, their transactions are neither cyclical nor seasonal. Consequently, these explanatory notes to the condensed consolidated interim financial statements for the six-monthperiod ended 30 June 2025 do not contain specific disclosures in that