Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 270

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 270
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, to meet the intermediate targets set for 2030.

• Managing and mitigating customer portfolio transition risk.

BBVA has also developed specific tools to enable proactive management and compliance with emission reduction targets, such as:

• Transition Risk Indicator (TRi), a tool that allows us to evaluate the current emissions profile and decarbonization strategies of each customer with a sectorial approach and based on the analysis of the most significant variables. It allows the bank to categorize customers accordingly, based on their transition risk and the maturity of their plans, allowing for a personalized assessment of their decarbonization strategy.

• Sustainability Client Toolkit, a tool that gathers ESG information from large corporations and/or entities with public information necessary for management, and offers it in a single repository. This facilitates access and use by customer relationship management teams.

• The Management dashboard for the sectoral transition plans, which show the main alignment indicators obtained through the Paris Agreement Capital Transition Assessment (PACTA) methodology and allow users to track performance and progress toward objectives.

• The "What if" simulator, enabling real-time evaluation of the potential impact of transactions on the decarbonization curve of each customer, as well as on the BBVA Group's portfolio curve for the corresponding sector, enabling proactive and dynamic management of the loan portfolio.

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE RISKS |     | P.273 |

#### Supporting customers
BBVA integrates its decarbonization strategy and sector transition plans as a key part of its medium-term financial planning exercise, financing decisions and in carrying out various internal exercises.

Likewise, the sector transition plans, together with the aforementioned tools (i.e. TRi), allow the bank to assess the degree of maturity of the customers' transition in order to deploy a support strategy, strengthen strategic dialogue with them and offer them a value proposition tailored to their needs.

Actions to manage alignment metrics include:

• Gathering, evaluating and monitoring the climate transition plans publicly disclosed by BBVA's customers.

• Assessing the impact on alignment metrics of all new transactions as part of the commercial approval process relying on specific tools.

• Generating dialogue with customers on their transition strategies, seeking opportunities to support them through investment and financing proposals and solutions.

In 2024, BBVA formalized a procedure for developing and monitoring customer support plans. These support plans are an internal tool used to accompany customers who need advice on how best to define and implement transition strategies