BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

BBVA Group is a global financial services group founded in 1857, focused on retail banking, asset management, and wholesale banking. The Group aims to provide a digital offering with a focus on customer experience, increasing online and mobile product offerings and improving digital functionality. Sustainability is central to its strategy. In 2025, the number of digital and mobile phone customers and the volume of online transactions continued to increase. As of December 31, 2025, the BBVA Group operates through five segments: Spain, Mexico, Turkey, South America, and Rest of Business. The Group also has a Corporate Center, which includes general management functions, costs from central corporate units, management of structural exchange rate positions by ALCO, currency hedging, certain proprietary portfolios, certain tax assets and liabilities, certain employee-related provisions, goodwill and other intangibles, and the financing of these asset portfolios. It also includes results from the Group's stake in the venture capital fund Propel Venture Partners. Immaterial balance sheet amounts were reallocated between operating segments and the Corporate Center following the publication of consolidated financial statements for the years ended December 31, 2024, 2023, and 2022.