Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 272

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 272
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 over, the Spanish resident. |

Foreign direct investments (“FDI”) are:

| • |     | investments that result in a foreign investor reaching a stake of at least 10% of the share capital of a Spanish 
 company; and                                                                                                     |

| • |     | any corporate transaction, business action or legal transaction which confers control of a Spanish company. |

Not all foreign direct investments are subject to the Screening Mechanism. Investments are subject to the Screening Mechanism only if they qualify as FDI and the investment is made in one of the critical sectors 180

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. mentioned in article 7 bis of Law 19/2003, is made pursuant to what is foreseen in Sole Transitional Provision of Royal Decree-Law34/2020, or—only where the investor is a Non-UEor non-EFTAinvestor—by investors that meet certain subjective criteria regardless of the business of the target. FDI by the following “foreign investors” are also subject to the Screening Mechanism, regardless of the business of the target:

| • |     | Investors directly or indirectly controlled by a non-EU and non-EFTA government, including state bodies, armed forces or sovereign wealth funds; the possibility of exercising decisive influence as a result of an agreement or through the ownership of shares or interests in 
 another person (directly or indirectly) is deemed to constitute “control” for these purposes.                                                                                                                                                                                    |

| • |     | Investors that have already made an investment affecting national security, public order or public health in 
 another EU member state, including an investment in any of the abovementioned sectors.                       |

| • |     | If there is a serious risk that the investor engages in illegal or criminal activities affecting national 
 security, public order or public health in Spain.                                                         |

FDI described above shall be subject to prior administrative authorization granted by the relevant Spanish authority, in accordance with the administrative conditions established. In addition to the above, pursuant to Council Regulation (EU) 833/2014, it shall be prohibited to sell transferable securities denominated in any official currency of an EU member state issued after April 12, 2022, or securities denominated in any other currency and issued after August 6, 2023, or units in collective investment undertakings