Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 27

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 27
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lical buffer (CCyB) (0.11% of CET1). In addition, the systemic risk buffer represents 0.00% as of December 31, 2024.

The BBVA Group has set the objective of maintaining a fully loaded CET1 ratio at a consolidated level between 11.5% and 12.0%. At the end of the financial year 2023, the fully loaded CET1 ratio was above this target management range.

6 Including 0,18% determined on the basis of the ECB prudential provisioning expectations.

| PILLAR 3 2024 |     | 3. SOLVENCY |     | P.38 |

CET1 phased-in ratio reached 12.88% which represents 375 basis points over the minimum requirement of 9.13%.

The following table shows the CET1 ratio that would trigger restrictions on capital distribution capacity and the capital ratios as of December 2024:

| Table 7.Capital distribution constraints(12-31-2024) |

|                                                                                                                 |     |       |     | CET1 capital ratio that would trigger capital distribution constraints (%) |        |     | Current CET 1 capital ratio (%) |
| CET1 Pillar 1                                                                                                   |     | 4.50% |     |                                                                            | 12.88% |     |                                 |
| CET1 Pillar 2 (P2R)                                                                                             |     | 1.02% |     |                                                                            |        |     |                                 |
| Capital conservation buffer                                                                                     |     | 2.50% |     |                                                                            |        |     |                                 |
| D-SIB buffer                                                                                                    |     | 1.00% |     |                                                                            |        |     |                                 |
| Countercyclical buffer                                                                                          |     | 0.11% |     |                                                                            |        |     |                                 |
| CET1 phased-in minimum plus Basel III buffers (excluding capital used to meet other minimum regulatory capital) |     | 9.13% |     |                                                                            |        |     |                                 |
| CET1 phased-in minimum plus Basel III buffers (including capital used to meet other minimum regulatory capital) |     | 9.26% |     |                                                                            |        |     |                                 |

The following table shows the distribution by geographical areas of the credit exposure for calculation of the countercyclical capital buffer. Countries where no buffer is established are grouped:

| PILLAR 3 2024 |