Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 30

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 30
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 BBVA’s shareholders through the exchange offer. The BBVA Group had consolidated assets of 
 €776,974 million and €772,402 million as of June 30, 2025 and December 31, 2024, respectively, and net attributable profit/(loss) of €5,447 million and €10,054 million for the six months ended June 30, 2025 and for                    
 the year ended December 31, 2024, respectively. In considering BBVA’s financial condition, you should also review the documents incorporated by reference in this offer to exchange/prospectus because they contain detailed business,    
 financial and other information about BBVA.                                                                                                                                                                                               |

| Q. | If BBVA acquires all of the Banco Sabadell shares in the exchange offer, what percentage of BBVA shares will 
 former holders of Banco Sabadell shares own after completion of the exchange offer?                          |

| A. | Excluding 290,871,859 Banco Sabadell shares held in treasury as of August 1, 2025 (including the Banco Sabadell                                                                                                                                           
 shares repurchased by Banco Sabadell as of such date under the Banco Sabadell Share Buy-Back Programs) (according to publicly-available information published by Banco Sabadell on August 4, 2025), BBVA estimates that if all outstanding Banco Sabadell 
 shares (excluding treasury shares) are validly tendered and exchanged pursuant to the terms of the exchange offer, immediately after completion of the                                                                                                    |

15

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential.

| exchange offer: (i) the former holders of Banco Sabadell shares will own approximately 13.5% of the share capital and voting rights of BBVA; and (ii) the current holders of BBVA shares 
 will hold approximately 86.5% of the share capital and voting rights of BBVA.                                                                                                            |

| Q. | If my Banco Sabadell shares are acquired in the exchange offer, how will my rights as a Banco Sabadell 
 shareholder change?                                                                                    |

| A. | If your Banco Sabadell shares are acquired in the exchange offer, you will become a holder of BBVA shares as                                                                                                                           
 described in this offer to exchange/prospectus. The rights of a holder of BBVA shares