Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 54

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 54
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 reconciliation is presented for the periods disclosed in this report. For the same reason, the Group does not present among its Alternative Performance Measures shown below an adjusted profit for the period nor an adjusted net attributable profit, neither does it present the profitability ratios derived from them: i.e. adjusted ROE, adjusted ROTE, adjusted ROA and adjusted RORWA.

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

| January - June 2025Report - p.61 |

ROE The ROE (return on equity) ratio measures the accounting return obtained on an entity's shareholders' funds plus accumulated other comprehensive income. It is calculated as follows:

| Net attributable profit (loss)                                               |
| Average shareholders' funds + Average accumulated other comprehensive income |

Explanation of the formula: the numerator is the net attributable profit (loss) of the Group's consolidated income statement. If the metric is presented on a date before the close of the fiscal year, the numerator will be annualized. Average shareholders' funds are the weighted moving average of the shareholders' funds at the end of each month of the period analyzed, 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. Average accumulated other comprehensive income is the moving weighted average of "Accumulated other comprehensive income", which is part of the equity on the Entity's balance sheet and is calculated in the same way as average shareholders’ funds (above). Relevance of its use: this ratio is very commonly used not only in the banking sector but also in other sectors to measure the return obtained on shareholders' funds.

| ROE                            |                                                |                                |               |               |               |
|                                |                                                |                                | Jan.-Jun.2025 | Jan.-Dec.2024 | Jan.-Jun.2024 |
| Numerator(Millions of euros)   | =                                              | Net attributable profit (loss) |        10,985 |        10,054 |        10,043 |
| Denominator(Millions of euros) | +                                              |    Average shareholders' funds |        73,986 |        69,703 |        68,187 |
| +                              | Average accumulated other comprehensive income |                        -17,675 |       -16,412 |       -15,541 |               |
|                                | =                                              |                            ROE |