Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 96

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 96
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 completion of the exchange offer, and has been made solely with the aim of preparing the pro forma financial information presented below. The pro forma financial information presented below includes a breakdown of the principal adjustments included based solely upon publicly-available information regarding Banco Sabadell corresponding to the six months ended June 30, 2025 and the year ended December 31, 2024, as applicable. The adjustments included in the pro forma financial information solely include those that are factually supportable on the basis of the information that is publicly available to BBVA. 62

Combined Unaudited Condensed Consolidated Pro Forma Balance Sheet as of June 30, 2025 The table below presents the combined unaudited condensed consolidated pro forma balance sheet of the BBVA Group as of June 30, 2025, as if the exchange offer had been completed as of such date and assuming completion of the exchange offer under each of the Full Acquisition Scenario and the 50% Acceptance Scenario.

|                                                                        |     | A          |     BBVA 
 June 30, 
     2025 |   |     | B |    Banco 
 Sabadell 
 June 30, 
  2025(*) |   |     | C (A+B) | Aggregated |   |     | D |   Pro forma 
 adjustments 
    assuming 
        Full 
 Acquisition 
    Scenario |   |     | E (C+D) |    Combined 
   pro forma 
     balance 
       sheet 
    assuming 
        Full 
 Acquisition 
    Scenario |   |     | F |   Pro forma 
 adjustments 
    assuming 
         50% 
  Acceptance 
    Scenario |   |     | G (C+F) |   Combined 
  pro forma 
    balance 
      sheet 
   assuming 
        50% 
 Acceptance 
   Scenario |   |
|:-----------------------------------------------------------------------|:----|:-----------|---------:|:--|:----|:--|---------:|:--|:----|:--------|-----------:|:--|:----|:--|------------:|:--|:----|:--------|------------:|:--|:----|:--|------------:|:--|:----|:--------|-----------:|:--|
|                                                                        |     | -€ million |          |   |     |   |          |   |     |         |            |   |     |   |             |   |     |