BBVA also provides an ad hoc investment advisory service that exclusively involves financial instruments, such as financial contracts, other than the financial products defined in Regulation (EU) 2019/2088 (SFDR).

In providing this service, BBVA does not take into account the main adverse effects of these financial instruments on sustainability factors due to the characteristics that said instruments have and the lack of available information regarding these aspects.

BBVA also does not expect to take into account the main adverse effects of these instruments on sustainability factors in the near future, although this criterion is under constant review. The possibility remains that it may be modified in the future, depending on, among other variables, any regulatory developments, the availability of more information and any changes in the characteristics of the financial instruments.