Banco Bilbao Vizcaya Argentaria, S.a. · BME:BBVA

Banco Bilbao Vizcaya Argentaria — Shareholder Meeting (March 2023)

18 slides from Banco Bilbao Vizcaya Argentaria's shareholder meeting presentation, March 2023

  1. Slide 1: Annual General Meeting 2023 - Carlos Torres Vila, Chair

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  2. Slide 2: We face a context of uncertainty

    2 We face a context of uncertainty INFLATION OFFICIAL INTEREST RATES (FROM 2000 – PRESENT, %) (FROM 2000 – PRESENT, %) USA EUROPE USA EUROPE 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022

  3. Slide 3: Annual General Meeting 2023

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  4. Slide 4: 2022 was a good year for BBVA thanks to our strengths

    4 2022 was a good year for BBVA thanks to our strengths Leading banks in The best team Strategic Leadership: attractive markets Digitalization, Innovation and Sustainability

  5. Slide 5: Setting a record in customer acquisition

    5 Setting a record in customer acquisition NEW CUSTOMERS ACQUIRED PER YEAR1 (BBVA GROUP, MILLIONS) 11.2 8.7 7.1 7.2 67 million TOTAL 4.6 5.1 55% active customers DIGITAL 7% 2017 2018 2019 2020 2021 2022 (1) Gross customer acquisition through own channels for retail segment. Excludes the US business

  6. Slide 6: We have a positive impact on society

    6 We have a positive impact on society LOAN GROWTH +13 % INCLUSIVE GROWTH FINANCING 115,000 FAMILIES BOUGHT THEIR HOME 445,000 SMEs AND SELF-EMPLOYED 70,000 LARGER CORPORATES 9,400 €M MOBILIZED IN THE YEAR

  7. Slide 7: Our pioneer strategy has yielded excellent financial results

    7 Our pioneer strategy has yielded RECURRENT NET ATTRIBUTABLE PROFIT 6,621 excellent financial results €M +31% vs. 2021

  8. Slide 8: We continue creating shareholder value

    8 We continue creating shareholder value PROFITABILITY TBV + DIVIDENDS (ROTE) (€ / SHARE, VS. DEC-21) 15.3% 7.4% +19.5% +2.8% EUROPEAN EUROPEAN PEERS PEERS

  9. Slide 9: We significantly increase the pay-out

    9 We significantly increase the pay-out SHAREHOLDER DISTRIBUTION 3,015 €M 1 47% CASH DIVIDEND2 NEW SHARE BUYBACK of reported PROGRAM 43 €cts. share 422€M attributable profit3 +39% vs. 2021 (1) Pending approval from the governing bodies, and in the case of the Share Buy Back program subject to further

  10. Slide 10: Our return significantly outperformed the sector

    10 Our return significantly outperformed the sector SHARE PRICE EVOLUTION + DIVIDENDS TOTAL RETURN SINCE 2019 (FROM 2019 – PRESENT) +65% +30% +7% EUROPEAN SPANISH 2019 2020 2021 2022 2023 BANKS1 BANKS2 Calculated as share price evolution plus dividends; Data until 16/03/2023. (1) European Banks: Stox

  11. Slide 11: In BBVA we support society by boosting economic activity

    18 11 In BBVA we support society by boosting economic activity

  12. Slide 12: Advancing in our commitment towards society to promote inclusion and knowledge

    19 12 Advancing in our commitment INVESTED AS 2025 towards society to promote OF 2022 COMMITMENT inclusion and knowledge 237€M 550€M

  13. Slide 13: Moderate economic growth in a context of uncertainty

    13 Moderate economic growth in a context of uncertainty REAL GDP GROWTH (2023, %, BBVA RESEARCH) GLOBAL FOOTPRINT SPAIN The big trends will +2.4 % +1.3 +1.6% continue to shape % the economy and our society

  14. Slide 14: Decarbonization is a major challenge and a source of opportunities

    14 Decarbonization is a major challenge and a source of opportunities GLOBAL INVESTMENT REQUIREMENTS (2021-2050) 275 $ trillion ∼8% WORLD GDP (annual average 30 years) Source: McKinsey

  15. Slide 15: We are committed with decarbonization targets: BBVA Net Zero 2050

    24 15 We are committed with decarbonization targets: BBVA NET ZERO 2050 TARGETS 2030 POWER AUTO -52% kg CO2e/MWh -46% g CO2e/km OIL & GAS CEMENT -30% Mn tCO2e -17% kg CO2e/tn STEEL CARBON -23% kg CO2e/tn -100%

  16. Slide 16: Innovation is a key factor in BBVA profitable growth strategy

    16 Innovation is a key factor in BBVA profitable growth strategy The best partner to escalate companies of the future

  17. Slide 17: We move forward thanks to a great team

    17 We move forward thanks to a great team OUR PURPOSE “To bring the age of opportunity to everyone” OUR VALUES Customer We Think We Are Comes First Big One Team

  18. Slide 18: Carlos Torres Vila

    BBVA Annual General Carlos Torres Vila Meeting Chair 2023 SE crn c SN TO | 1 | co ee | [} a = el 2 UU

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