Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 540

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 540
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 statements of
Banco Sabadell

as of and for the year ended

December 31, 2023

Financial statements prepared and made public by Banco Sabadell, S.A. Banco Bilbao Vizcaya Argentaria, S.A. is not affiliated with Banco Sabadell, S.A. and was not involved in the preparation of these financial statements.

A-321

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. Consolidated balance sheets of Banco Sabadell Group As at 31 December 2023 and 2022

| Thousand euro                                                                   |     |      |     |             |     |             |
| Assets                                                                          |     | Note |     |        2023 |     |    2022 (*) |
| Cash, cash balances at central banks and other demand deposits (**)             |     |    7 |     |  29,985,853 |     |  41,260,395 |
| Financial assets held for trading                                               |     |      |     |   2,706,489 |     |   4,017,253 |
| Derivatives                                                                     |     |   10 |     |   2,563,994 |     |   3,600,122 |
| Equity instruments                                                              |     |      |     |           — |     |           — |
| Debt securities                                                                 |     |    8 |     |     142,495 |     |     417,131 |
| Loans and advances                                                              |     |      |     |           — |     |           — |
| Central banks                                                                   |     |      |     |           — |     |           — |
| Credit institutions                                                             |     |      |     |           — |     |           — |
| Customers                                                                       |     |      |     |           — |     |           — |
| Memorandum item: loaned or pledged as security with sale or pledging rights     |     |      |     |       1,915 |     |      93,000 |
| Non-trading financial assets mandatorily at fair value through                  
 profit or loss                                                                  |     |      |     |     153,178 |     |      77,421 |
| Equity instruments                                                              |     |    9 |     |      52,