3Q23 Results 2 Disclaimer This document is only provided for information purposes and does not constitute, nor
should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be
made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as
definitive, because it is subject to changes and modifications. This document contains forward looking statements that constitute or may constitute “forward looking statements” within the meaning of the “safe harbor” provisions
of the United States Private Securities Litigation Reform Act of 1995 with respect to intentions, objectives, expectations or estimates as of the date hereof, including those relating to future targets of both a financial and non financial nature
such as environmental, social or governance “ESG” performance targets . Forward looking statements may be identified by the fact that they do not refer to historical or current facts and include words such as “believe”,
“expect”, “estimate”, “project”, “anticipate”, “duty”, “intend”, “likelihood”, “risk”, “VaR”, “purpose”, “commitment”, “goal”,
“target” and similar expressions or variations of those expressions. They include, for example, statements regarding future growth rates or the achievement of future targets, including those relating to ESG performance. The information
contained in this document reflects our current expectations and targets, which are based on various assumptions and projections, including non financial considerations such as those related to sustainability. Forward looking statements are not
guarantees of future results, and actual results may differ materially from those anticipated in the forward looking statements as a result of certain risks, uncertainties and other factors. These factors include, but are not limited to, 1 market
conditions, macroeconomic factors, domestic and international stock market movements, exchange rates, inflation and interest rates; 2 regulatory and oversight factors, political and governmental guidelines, social and demographic factors; 3 changes
in the financial condition, creditworthiness or solvency of our clients, debtors or counterparties, such as changes in default rates, as well as changes in consumer spending, savings and investment behavior, and changes in our credit ratings; 4
competitive pressures and actions we take in response thereto; 5 performance of our IT, operations and control systems and our ability to adapt to technological changes; 6 climate change and the occurrence of natural or man made disasters, such as
an outbreak or escalation of hostilities; and 7 our ability to appropriately address any ESG expectations or obligations related to our business, management, corporate governance, disclosure or otherwise , and the cost thereof. In the particular
case of certain targets related to our ESG performance, such as, decarbonization targets or alignment of our portfolios, the achievement and progress towards such targets will depend to a large extent on the actions of third parties, such as
clients, governments and other stakeholders, and may therefore be materially affected by such actions, or lack thereof, as well as by other exogenous factors that do not depend on BBVA including, but not limited to, new technological developments,
regulatory developments, military conflicts, the evolution of climate and energy crises, etc. . Therefore, these targets may be subject to future revisions. The factors mentioned in the preceding paragraphs could cause actual future results to
differ substantially from those set forth in the forecasts, intentions, objectives, targets or other forward looking statements included in this document or in other past or future documents. Accordingly, results, including those related to ESG
performance targets, among others, may differ materially from the statements contained in the forward looking statements. Recipients of this document are cautioned not to place undue reliance on such forward looking statements. BBVA does not intend,
and undertakes no obligation, to update or revise the contents of this or any other document if there are any changes in the information contained therein,or including the forward looking statements contained in any such document, as a result of
events or circumstances after the date of such document or otherwise except as required by applicable law. This document may contain summarised information or information that has not been audited, and its recipients are invited to consult the
documentation and public information filed by BBVA with stock market supervisory bodies, in particular, the prospectuses and periodical information filed with the Spanish Securities Exchange Commission CNMV and the Annual Report on Form 20 F and
information on Form 6 K that are filed with the US Securities and Exchange Commission. Distribution of this document in other jurisdictions may be prohibited, and recipients into whose possession this document comes shall be solely responsible for
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