23 slides from Banco Bilbao Vizcaya Argentaria's earnings presentation, Feb 1, 2022
Slide 1: Creating Opportunities
Creating Opportunities
Slide 2: Disclaimer
BBVA Corporate presentation 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 decis
Slide 3: About BBVA
ABOUT BBVA lI? @S_BBVA'S GLOBAL PRESENCE DECEMBER 2021 OY To bring the age of opportunity to everyone OUR PURPOSE Countries Branches >25 6,083 Employees Customer 110,432 817m _ B DIGITAL CAPABILITIES DECEMBER 2021 CUSTOMERS DIGITAL SALES D Digital @ Mobile customers customers Units PRV! 418m 397M 73
Slide 4: About BBVA: Strategic Priorities
ABOUT BBVA To bring the age of opportunity to everyone STRATEGIC PRIORITIES = Improving our clients’ financial health & Reaching more clients wy? The best and most engaged team Helping our clients transition towards a sustainable future Driving operational excellence Data and Technology
Slide 5: A well-diversified footprint with leading franchises
ABOUT BBVA BBVACorporate presentation 5 e - © Awell-diversified footprint with leading franchises BREAKDOWN BY BUSINESS AREA LEADERSHIP POSITION Q RANKING AND MARKET SHARE (%) TOTAL ASSETS! Rest of DEC-21 South Business America 6% ] SPAIN #3 13.5% 8% _ "396. el Mexico #] 23.7% Spain ence, 60% 17% GM
Slide 6: 2021 Achievements
ABOUT BBVA ly 2021 Achivements SIGNIFICANT PROGRESS IN THE EXECUTION OF OUR STRATEGY THE HIGHEST RECURRENT RESULTS IN THE PAST 10 YEARS ACCELERATING PROFITABLE GROWTH AND VALUE CREATION FOR OUR SHAREHOLDERS INCREASING SHAREHOLDERS’ DISTRIBUTIONS BBVA Corporate presentation 6 CUSTOMER ACQUIRED 8.7 mi
Slide 7: All time record in customer acquisition
ABOUT BBVA e E- All time record in customer acquisiton NEW CUSTOMER ACQUISITION! (MILLION; % ACQUISITION THROUGH DIGITAL CHANNELS) 8.7 69 72 46 > ‘ ) TOTAL 34 AO % MILLION a -— A% te DIGITAL __e e 2016 2017 2018 2019 2020 2021 (1) Gross customer acquisition through own channels forretail segment, Ex
Slide 8: Leading digital transformation and investing in innovation as key for growth
ABOUT BBVA BBVACorporate presentation 8 e - E Leading digital transformation and investing in innovation as key for growth DIGITAL LEADERSHIP MOBILE CUSTOMERS! DIGITAL ADVISE INVESTING IN INNOVATION MAEONEETNES 3g 9 SELECTIVE DIGITAL BANK INVESTMENTS e 22 W. BBVAITALY e 2016 2021 DIGITAL SALES? (%,
Slide 9: Pioneering Sustainability
ABOUT BBVA ® Pioneering Sustainability SUSTAINABLE FINANCING (€BILLION) €35. Asn €200Bn ZA a CLIMATECHANGE §=&()% a INCLUSIVEGROWTH = 20% “g aoe — me 2018 2019 2020 2021 2022 2023 2024 2025 BBVA Corporate presentation 9 = A CLEAR COMMITMENT IN PORTFOLIO ALIGNMENT TOWARDS NET ZERO 2050 2030 decarboni
Slide 10: Reinforcing our commitment to inclusive growth
ABOUT BBVA BBVACorporate presentation 10 - W® Reinforcing our commitment to inclusive growth commmmentooss €290u = TOOnn 7,000 Community Supported Micro-loans to support investment people vulnerable entrepreneurs MAIN LINES OF ACTION! Reduce inequality and promote . Research and entrepreneurship Edu
Slide 11: 2021 Results
Creating Opportunities 2021 Results
Slide 12: Including Non-Recurring Impacts
INCLUDING NON-RECURRING IMPACTS1
Slide 13: 2021 Profit and Loss
2021 RESULTS — BBVA GROUP BBVA Corporate presentation 13 2021 Profit and Loss Change 2021/2020 BBVA Group (€M) % constant % Net Interest Income 61 0.6 Net Fees and Commissions 19.8 15.6 Net Trading Income 30.5 23.5 Other Income & Expenses - ns. ns. Gross Income 97 45 Operating Expenses 8.5 49 Operat
Slide 14: Significant increase of shareholders' distribution
2021 RESULTS — BBVA GROUP BBVA Corporate presentation 14 Significant increase of shareholders’ distribution THE HIGHEST CASH DPS IN THE ONE OF THE HIGHEST SHARE BUYBACK PAST 10 YEARS PROGRAMS IN EUROPE DIVIDEND PER SHARE (DPS) £3,500 wition £8 aanisinOaeAi > €] 500 million first tranche, 63 | cents
Slide 15: 2021 Results: Business Areas
Creating Opportunities 2021 Results Business Areas , ib
Slide 16: Business Areas: Spain and Mexico
© Business Areas €M 2021. Change in % vs. 2020. Spain / OPERATING INCOME / NET ATTRIBUTABLE PROFIT 2,895 €M 1,581€M 2021 vs. 2020 Net Interest Income 3502 “1.8% Net Fees and Commissions 2,189 +21.5% Operating Expenses -3,030 -0.3% Operating Income 2,895 +14.5% Impairment on Financial Assets -503 -56
Slide 17: Business Areas: Turkey and South America
° Business Areas €M 2021. Change in % vs. 2020. Turkey constants / OPERATING INCOME / NET ATTRIBUTABLE PROFIT 2021 vs. 2020 Net Interest Income 2,370 411.2% Net Fees and Commissions 564 +44,4% Operating Expenses -1,008 427.8% Operating Income 2,414 +23.8% Impairment on Financial Assets -494 -27.9% N
Slide 18: CIB — 2021 Results
CIB — 2021 Results / BUSINESS ACTIVITY (CONSTANT €, % YTD) LENDING 62 €bn 11.3% CUSTOMER FUNDS 39 €bn 9.0% 2021 RESULTS — BUSINESS UNITS e / CLIENT’S REVENUE (CONSTANT, % YOY) 2,921€m —_+9% Wholesale banking 90 @ recurrent business! Yo % of revenues given by our relations with clients BBVA Corporate
Slide 19: Appendix
BBVA Creating Opportunities Appendix
Slide 20: BBVA had significant growth since 1995
BBVA had significant growth since 1995 More than 160 years of history Banco Continental (Peru) Probursa (México) Banco Ganadero (Colombia) Bancos Cremi and Oriente (Mexico) Banco Francés (Argentina) Banco Provincial (Venezuela) B.C. Argentino (Argentina) Poncebank (Puerto Rico) Banco Excel (Brazil)
Slide 21: BBVA's shareholders structure (Dec.21)
APPENDIX BBVACorporate presentation 21 BBVA's shareholders structure (Dec.21) # BBVA shares: 6,668 mm | #Shareholders: 826,835 Accionistas Acciones INSTITUTIONAL NUMERO DE ACCIONES Numero Numero 62.59% Hasta 500 341,510 41.3 63,972,992 1.0 501a5.000 381,597 46.2 671,795,023 10.1 RETAIL 5.001a 10.000
Slide 22: Organizational chart
APPENDIX Organizational chart Chief Executive Officer Chairman Onur Geng a Carlos Torres Vila BUSINESS UNITS GLOBAL FUNCTIONS TRANSFORMATION STRATEGY LEGAL AND CONTROL Corporate & Investment Finance Engineering Strategy & M&A Legal Banking Rafael Salinas José Luis Elechiguerra Victoria del Castillo
Slide 23: Slide 23