Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 386

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 386
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, the items and periods listed below:

| – | Corporation Tax for the years 2015 to 2019. |

| – | Capital contribution associated with the conversion of deferred tax assets into credit eligible for the Spanish Tax 
 Authority (Capital Contribution) for the years 2016 to 2019.                                                        |

| – | Value Added Tax (VAT) for the years 2018 and 2019. |

| 5 | Sabadell Digital, S.A.U., Sabadell Real Estate Development, S.L.U., and Tenedora de Inversiones y Participaciones, S.L. |

A-195

| – | Withholdings and payments on account (employment income, income from movable capital) for the years 2018 and 2019. |

| – | Tax on deposits of credit institutions (Impuesto sobre Depósitos de las Entidades de Crédito, 
 IDEC) for the years 2017 to 2019.                                                             |

Documents related to those proceedings were signed on 30 November 2023 and details of them can be found in Note 39 “Tax situation” of the consolidated annual financial statements for 2023. The proceedings were completed in 2024. At the end of the current year, matters in dispute and brought before the Central Tax Appeal Board (Tribunal Económico-administrativo Central, or TEAC) in relation to corporation tax (deduction for technological innovation) and VAT (sectoral issues), remain pending resolution, as explained in the following section (“Ongoing disputes”). In January 2024, Banco Sabadell, as the parent company of the consolidated tax group, was notified of the commencement of verification and investigation proceedings in relation to the temporary levy on credit institutions and financial credit establishments, paid in 2023. A Statement of Disagreement, disputing the tax assessment, was signed on 30 September 2024, in response to the corresponding allegations submitted. As at year-end,the tax clearance certificate remains pending release. In addition, on 4 February 2025, the State Tax Agency (AEAT) gave notice of the commencement of verification and investigation proceedings in relation to Banco Sabadell, as parent company of the VAT group, in its capacity as legal representative of that group, and also in relation to three of its subsidiaries 6, in connection with VAT corresponding to the financial years 2021, 2022 and 2023. At the end of 2024, the