Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 267

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 267
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 Directors” of those directors who have ceased to hold office due to their age or who do not voluntarily stand for re-election. The “Honorary                                  
 Directors”, if convened, may attend the meetings of the board of directors, with voice but without voting rights.                                                                                                  |     | According to BBVA’s bylaws, the term of office for members of the board of directors is three years.                                                                                                           
 In any event, the directors will resign from their position upon reaching 75 years of age in accordance with the board of directors’                                                                           
 regulations.                                                                                                                                                                                                   |
| Chairman of the Board of Directors                                                                                                                                                                                 |     |                                                                                                                                                                                                                |
| The chairman of the board of directors shall be a non-executive director.                                                                                                                                          |     | If the chairman of the board of directors is an executive director, the board of directors, with the abstention of the executive directors, must appoint a lead director from among the independent directors. |
| Board Committees                                                                                                                                                                                                   |     |                                                                                                                                                                                                                |
| Banco Sabadell’s bylaws set forth that the board of directors must set up, at least, the following committees: (i) strategy and sustainability committee; (ii) credit delegated committee; (iii) audit and control 
 committee; (iv) appointments and corporate governance committee; (v) remuneration committee; and (vi) risks committee.                                                                                             |     | BBVA’s board of directors’ regulations set forth that the board of directors will set up the following committees: (i) audit committee; (ii) appointments and corporate governance committee;                  
 (iii) remuneration committee; (iv) risk and compliance committee; and (v) technology and cybersecurity committee.                                                                                              |

188

VALIDITY OF SECURITIES

J&A Garrigues, S.L.P., BBVA’s Spanish counsel, is delivering an opinion regarding the validity of the BBVA shares under Spanish law.

EXPERTS

The consolidated financial statements of BBVA included in the 2024 Form 20-F as of and for the years
ended December 31, 2024, 2023 and 2022, and the effectiveness of BBVA’s internal control over financial reporting as of December 31, 2024 have been audited by Ernst & Young, S.L., independent registered public accounting
firm, as set forth in their reports thereon, included therein, and incorporated by reference herein. Such consolidated financial statements and BBVA’s management assessment of the effectiveness of internal control over financial reporting as