Company: BBVXF
Filing Date: 2025-05-01
Form Type: 425
Source: 0001193125-25-108507
Chunk: 0

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-05-01
Form: 425
Chunk 0
---
Filed by Banco Bilbao Vizcaya Argentaria, S.A.

Pursuant to Rule 425 under the Securities Act of 1933

Subject Company: Banco de Sabadell, S.A.

Commission File
No.: 333-281111

Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”), in compliance with the Securities Market
legislation, hereby communicates the following:

### OTHER RELEVANT INFORMATION
In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. (“Banco Sabadell”)
(the “Offer”), for which the prior announcement was published as inside information on May 9, 2024 (with registration number 2241) and the request for authorisation was submitted to the Spanish Securities Market Commission
(CNMV) on May 24, 2024, BBVA informs that, as of today, it has received the notification of the National Commission on Markets and Competition (CNMC) confirming the approval of the economic concentration resulting from the Offer, subject to
compliance with the commitments submitted by BBVA. The referred commitments are attached.

In accordance with Article 60 of the Competition Defense
Law, this resolution will become effective upon the expiration of the maximum term of 15 business days established for the Minister of Economy to determine whether to refer said resolution to the Council of Ministers. In the event of such referral,
the Council of Ministers will have a period of one month to render its decision in accordance with the aforementioned Law.

Attached is BBVA’s
press release on the matter.

Madrid, April 30, 2025

| Press Release |

04.30.2025 CNMC approves the union of BBVA and Banco Sabadell subject to remedies to ensure financial inclusion, territorial cohesion and lending to SMEs and the self-employed The Spanish National Markets and Competition Commission (CNMC) has authorized in phase two and after 11 months of analysis, the combination of BBVA and Banco Sabadell . With this transaction the combined entity would result in the second-largest Spanish financial institution in terms of credit volume, after CaixaBank. The authorization is subject to a series of unprecedented remedies in the Spanish financial sector.

| ● | Among the remedies, one that stands out is the commitment to not close branches where                                                                                                        
 there is no other branch within 300 meters; in postal codes with a per capita income below €10,000; where there