Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 126

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 126
---
 |     | December 
     2024 |
| Tax assets                                     |     |        |     |          |
| Current tax assets                             |     |  3,412 |     |    4,295 |
| Deferred tax assets                            |     | 14,080 |     |   14,354 |
| Total                                          |     | 17,492 |     |   18,650 |
| Tax liabilities                                |     |        |     |          |
| Current tax liabilities                        |     |  1,206 |     |      575 |
| Deferred tax liabilities                       |     |  2,565 |     |    2,458 |
| Total                                          |     |  3,771 |     |    3,033 |

<div align='center'>F-42</div>

As of June 30, 2025, current tax liabilities include approximately € 150 million corresponding to the accrual corresponding to the first half of 2025 of the Interest Margin and Commission Tax regulated by the Ninth Final Provision of Law 7/2024.

The evolution of the Group's deferred tax assets during the period was influenced by the estimated result of the tax inspection process of the BBVA consolidated tax group in Spain, covering the years 2017 to 2020, with respect to the main applicable taxes, as well as by the Group reassessment of the coverage needs for the identified tax risks.

Additionally, certain deferred tax assets corresponding to the Group in Spain, which had not previously been recorded were first recognized in the current period. This decision was based on the ability and acceleration observed in the process of absorbing these assets, a solid track record of recent historical results —including for the current 2025 financial year—, the Group's sustained capacity to generate value, and profit projections that support their recognition, in accordance with the disclosures of the Note 19 to the consolidated financial statements for the year ended December 31, 2024.

All of the above had a net positive impact on the estimated effective tax rate, which stood at 31.2% as of June 30, 2025 (31.4% as of December 31, 2024).

#### 19.

#### Other assets and liabilities
The breakdown of the balance under these headings in the condensed consolidated balance sheets is as follows:

| OTHER ASSETS AND LIABILITIES (MILLIONS OF EUROS) |     |       |     |          |
|                                                  |     |  June