Company: BBVXF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0001193125-25-016657
Chunk: 6

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-30
Form: 6-K
Chunk 6
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4 Earnings 11 Sustainability is a huge business opportunity AVERAGE PROGRESS IN DECARBONIZATION SUSTAINABLE BUSINESS TARGETS (€ BILLION, CLIMATE CHANGE AND INCLUSIVE GROWTH) (SYNTHETIC INDICATOR) 99 70 50 35 2022 2024 2026 20 18 12 Actual progress in decarbonization 2018 2019 2020 2021 2022 2023 2024 Decarbonization target Annual channeling Note: Sustainable business channeling is considered to be any mobilization of ﬁnancial ﬂows, Note: Weighted average evolution of decarbonization goals according to the following weights: cumulatively, in relation with activities, clients or products considered to be sustainable or promoting power 25%, auto 10%, steel 10%, cement 10%, coal 20% and oil and gas 25%. Evolution of Coal sustainability in accordance with internal standards and market standards, existing regulations and measured as the evolution of total commitment with clients who have low expectations of best practices. The foregoing is understood without prejudice to the fact that said mobilization, both transitioning on time compared to BBVA's phase out commitment. For the rest of the sectors, at an initial stage or at a later time, may not be registered on the balance sheet. To determine the their respective decarbonization indicators are considered. The indicator excludes aviation, ﬁnancial ﬂows channeled to sustainable business, internal criteria is used based on both internal and shipping, aluminium and Real Estate. external information. It includes FMBBVA (Microﬁnance Foundation) within retail segments.

2024 Earnings 12 2024 key ﬁnancial messages 1 NET INTEREST INCOME TOTAL LOAN GROWTH STRONG NET INTEREST INCOME 1 DRIVEN BY ACTIVITY GROWTH +12.9% +14.3% vs. 2023 vs. DEC 2023 CONSTANT CONSTANT NET FEES AND COMMISSIONS OUTSTANDING FEE INCOME 2 vs. 2023 +30.8% EVOLUTION CONSTANT EFFICIENCY RATIO LEADING AND IMPROVING 3 EFFICIENCY WITH POSITIVE JAWS 40.0% -226 BPS. vs. 2023 CONSTANT ASSET QUALITY WITHIN COST OF RISK NPL RATIO COVERAGE RATIO EXPECTATIONS WHILE IMPROVING 4