Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 130

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 130
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 Operating expenses, depreciation and amortization                                |     |                      | (108 | ) |     |      | (86 | ) |     |                     |  26.1 |
| Pre-provisions income                                                            |     |                      |   90 |   |     |      |  62 |   |     |                     |  45.1 |
| Provisions and impairments                                                       |     |                      |  (19 | ) |     |      |  (9 | ) |     |                     | 108.1 |
| Capital gains on asset sales and other revenue                                   |     |                      |  (19 | ) |     |      | (14 | ) |     |                     |     — |
| Profit/(loss) before tax                                                         |     |                      |   53 |   |     |      |  39 |   |     |                     |  35.2 |
| Corporation tax                                                                  |     |                      |   (9 | ) |     |      |  (8 | ) |     |                     |   9.4 |
| Profit or loss attributed to minority interests                                  |     |                      |    — |   |     |      |   — |   |     |                     |     — |
| Profit attributable to the Group                                                 |     |                      |   44 |   |     |      |  31 |   |     |                     |  41.8 |

99

Liquidity and Capital Resources

Liquidity Management

The information in this subsection has been extracted from page 93 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-182. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024.

Banco Sabadell’s liquidity
management seeks to ensure funding for its business activity at an appropriate cost and term while minimizing liquidity risk. Banco Sabadell’s funding policy focuses on maintaining a balanced funding structure, based mainly on customer
deposits, and it is supplemented with access to wholesale markets.

Funding Strategy and Evolution of Liquidity

The information in this subsection has been extracted from page 98 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-182. See also Note 4.4.3.1 to the