Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 145

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 145
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) and other marketable assets from different Group companies. |

| (***) | Correspond to TLTRO-III facility. |

| (****) | As at year-end 2024, includes £1,385 million to support Small and                                                           
 Medium-sized Enterprises (TFSME). As at year-end 2023, included £4,000 million from the TFSME and £5 million from the ILTR. |

104

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025.

This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all

information herein remains strictly confidential.

Six months ended June 30, 2025

The information in this subsection has been extracted from page 31 of Banco Sabadell’s condensed consolidated interim financial statements as of and for the six months ended June 30, 2025, reproduced herein on page A-31.

Compared to 2024 year-end, the
Group’s first line of liquidity decreased in the first half of 2025 by €2,960 million. The balance of reserves and of the marginal deposit facility in central banks and the net interbank position showed an increase of €7,203 million
in the first half of 2025, while ECB-eligible liquid assets decreased by €10,150 million, and the available non-ECB eligible assets decreased by €13 million, the main reasons for these variations being a negative funding gap and the
repayment of central bank funding, which were partially offset by the increase in funds raised in capital markets and the increase in own-name collateral deemed eligible by the central bank.

2024

The information in this subsection has been extracted from page 101 of Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024, reproduced herein on page A-190. See also Note 4.4.3.1 to the consolidated financial statements as of and for the year ended December 31, 2024.

In 2024, the balance of reserves and of the marginal deposit facility in
central banks and the net interbank position showed a decline of €12,368 million, while the volume of ECB-eligible liquid assets increased by €14,496 million and the available non-ECB eligible assets decreased by €97 million, thus
raising the first line of liquidity by €2,031 million in the year, with the positive funding gap and increased wholesale issues