Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 143

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 143
---
 ALL REQUIRED STEPS DESCRIBED IN THIS OFFER TO EXCHANGE/PROSPECTUS BEFORE THE EXPIRATION TIME.

107

Withdrawal Rights

Holders of Banco Sabadell shares may withdraw their declarations of acceptance at any time prior to the last day of the acceptance period by
submitting their declaration of withdrawal in writing to the Iberclear participant where their Banco Sabadell shares are deposited, either in person, by electronic means or by any other means permitted by such Iberclear participant. Pursuant to
article 34 of the Spanish Takeover Regulation, any declaration of withdrawal subject to a condition will be null and void.

Announcement of the Results of the Exchange Offer

In accordance with the provisions of article 36 of the Spanish Takeover Regulation, upon expiration of the
acceptance period, and within a maximum of seven Spanish stock exchange business days from that date, the governing bodies of the Spanish Stock Exchanges will publish the result of the exchange offer in the Official Quotation Bulletins, upon the
terms and on the trading session expressly indicated by the CNMV.

Settlement and Delivery of Securities

No later than the first Spanish stock exchange business day following publication of the result of the exchange offer in the Official Quotation
Bulletins, BBVA, as agent bank, will calculate the number of BBVA shares to be issued as consideration in the exchange offer, taking into account the number of Banco Sabadell shares validly tendered into, and not withdrawn from, the exchange offer.

Within two Spanish stock exchange business days following publication of the result of the exchange offer in the Official Quotation
Bulletins, BBVA, as agent bank, will initiate, together with Iberclear, the necessary actions to make available to BBVA the Banco Sabadell shares validly tendered into, and not withdrawn from, the exchange offer for their effective exchange for
newly-issued BBVA shares.

For these purposes, Iberclear will issue, within two Spanish stock exchange business days following
publication of the result of the exchange offer in the Official Quotation Bulletins, a certificate certifying the number of Banco Sabadell shares made available to BBVA for the settlement of the exchange offer. Such certificate will be considered by
BBVA as delivery of the Banco Sabadell shares tendered into the exchange offer for purposes of the share capital increase that BBVA will carry out to issue the BBVA shares offered as consideration in the exchange offer.

Execution of the Share Capital Increase and