Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 228

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 228
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 with the deposit agreement, will not constitute negligence or bad faith on the part of the depositary.

BBVA ADSs Outstanding

As of
July 26, 2022, there were 210,978,746 BBVA ADSs outstanding.

Exercise of Spanish Bail-inPower and Other Resolution Tools

The ordinary shares of BBVA underlying the ADSs may be subject to the exercise of the Spanish Bail-in Power. See “Description of BBVA Ordinary Shares—Exercise of Spanish Bail-inPower and Other Resolution Tools.”

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DESCRIPTION OF RIGHTS TO SUBSCRIBE FOR ORDINARY SHARES We may issue rights to subscribe for our ordinary shares (including in the form of ADSs). The applicable prospectus supplement will describe the specific terms relating to such subscription rights and the terms of the offering, including, where applicable, some or all of the following:

| · |     | the title of the subscription rights; |

| · |     | the exercise price for the subscription rights; |

| · |     | the aggregate number of subscription rights issued; |

| · |     | a discussion of the material U.S. federal, Spanish or other income tax considerations, as well as considerations under the U.S. Employee Retirement Income                        
 Security Act of 1974, as amended (“ERISA”), applicable to the issuance of ordinary shares together with statutory subscription rights or the exercise of the subscription rights; |

| · |     | any other terms of the subscription rights, including terms, procedures and limitations relating to the exercise of the subscription rights; |

| · |     | the terms of the ordinary shares corresponding to the subscription rights; |

| · |     | information regarding the trading of subscription rights, including the stock exchanges, if any, on which the subscription rights will be listed; |

| · |     | the record date, if any, to determine who is entitled to the subscription rights and the ex-rights date; |

| · |     | the period during which the subscription rights may be exercised; |

| · |     | the extent to which the offering includes a contractual over-subscription privilege with respect to unsubscribed securities; and |

| · |     | the material terms of any standby underwriting arrangement we enter into in connection with the offering. |

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DESCRIPTION OF THE NOTES OF BBVA

This section describes the general terms and provisions of the indenture dated as of July 28, 2016 (the “senior indenture”)
between BBVA as issuer and The Bank of New York Mellon as trustee, which sets