Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 22

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 22
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levance Report, the scope of consolidating entities is different from the scope defined for the purposes of drawing up the Consolidated Financial Statements of BBVA Group.

The effect of the difference between the two regulations is mainly due to:

• Withdrawals from the balance made by entities (largely insurance companies regulated by the Solvency II regulatory framework) that are consolidated in the Consolidated Financial Statements of BBVA Group by the full consolidation method and consolidated for the purposes of solvency by applying the equity method.

• Entries to the balance contributed mainly by financial entities, consolidated by applying the equity method at the accounting level, but for the purposes of solvency, are proportionally integrated.

The list of entities that use different consolidation methods in their public and regulatory balance sheets is included in the table EU LI3 in Annex I.

2.4.1.1. Significant transactions in the Group in 2024

During the year 2024 no significant or relevant corporate operations have been completed, without prejudice to the announcement of the voluntary tender offer for the acquisition of all of the issued shares of Banco de Sabadell, S.A, and which, at the date of publication of this report, remains to be completed.

2.4.1.2. Reconciliation of the Public Balance Sheet from the accounting perimeter to the regulatory perimeter

Articles 436 b), c), d), 437 a) CRR

EU LIA

The following table includes an exercise in transparency to show the reconciliation process between the book balances reported in the public balance sheet (attached to the Consolidated Financial Statements of BBVA Group) and the book balances this report uses (regulatory perimeter), revealing the main differences between both perimeters.

| PILLAR 3 2024 |     | 2. GENERAL ASPECTS AND INFORMATION REQUIREMENTS |     | P.31 |

| Table 3.EUCC2 - Reconciliation of regulatory capital to balance sheet(Million Euros. 12-31-2024) |

| Public Balance Sheet Headings                                                    |     | Public Balance Sheet |     | Regulatory balance sheet |     | Reference to template EU CC1 |
| Cash, cash balances at central banks and other demand deposits                   |     |               51,145 |     |                   51,241 |     |                              |
| Financial assets held for trading                                                |     |              108,948 |     |                  110,037 |     |                              |
| Non-trading financial assets mandatorily at fair value through profit