Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 38

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 38
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VA, nor the directors of BBVA nor any of the companies within the BBVA Group, nor, to the best of BBVA’s knowledge and belief, any of the directors of the companies in the BBVA Group, currently holds any Banco Sabadell shares, nor any securities that may grant subscription or acquisition rights to Banco Sabadell shares, whose voting rights would be attributable to BBVA pursuant to article 5 of the Spanish Takeover Regulation. Shareholding of BBVA’s Directors, Executive Officers and Their Affiliates (page 126) As of February 19, 2025, the shareholding of BBVA’s directors, executive officers and their affiliates represented approximately 0.15% of the outstanding BBVA shares. BBVA’s board of directors proposed that the shareholders of BBVA pass the relevant capital increase resolution necessary to issue the shares of BBVA to be

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issued in connection with the exchange offer. Such capital increase resolution was approved at an extraordinary general shareholders’ meeting on July 5, 2024, with shareholders representing 70.75% of the outstanding BBVA shares present at such meeting and 96.01% of such shareholders voting in favor. Appraisal Rights (page 122) The holders of Banco Sabadell shares are not entitled under Spanish law or otherwise to appraisal rights with respect to the exchange offer. For more information about appraisal rights of holders of Banco Sabadell shares, see “The Exchange Offer—Appraisal Rights” in this offer to exchange/prospectus beginning on page 122. Non-Oppositionof the ECB (page 100) Pursuant to the provisions of Law 10/2014, of June 26, 2014, on the regulation, supervision and solvency of credit institutions, and Royal Decree 84/2015, of February 13, 2015 implementing Law 10/2014, of June 26, 2014, on the regulation, supervision and solvency of credit institutions, the acquisition by BBVA of control of Banco Sabadell resulting from the exchange offer was subject to the duty of prior notification to the Bank of Spain and to the obtainment of the non-oppositionby the ECB. The ECB’s non-opposition was obtained on September 5, 2024. Conditions to Completion of the Exchange Offer (page 100) Completion of the exchange offer is subject to the following conditions:

| i. | In accordance with the provisions of article 13.2.b