Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 426

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 426
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 2024, registered with Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U. (IBERCLEAR), has an issuance limit of 7 billion euros, which can be extended to 9 billion euros. As at 31 December 2024, the outstanding balance of the programme was 511 million euros (net of commercial paper subscribed by Group companies), compared with 1,383 million euros as at 31 December 2023. A-188

Regarding medium- and long-term funding, the Institution has the following programmes in operation:

| – | Base Prospectus of Non-Equity Securities (“Fixed Income                                                                                                                                                                                   
 Programme”) registered with the CNMV on 18 July 2024, with an issuance limit of 10 billion euros, which permits the issuance of instruments under Spanish law through the CNMV aimed at institutional and retail investors, both domestic 
 and foreign. More specifically, the programme regulates the issuance of straight, non-preferred or structured bonds and debentures, in addition to mortgage covered bonds and public sector covered bonds                                 
 (European guaranteed bonds, also known as premium covered bonds). As at 31 December 2024, the limit available for new issues under the Banco Sabadell Programme for the issuance of non-equity securities                                 
 for 2024 is 7.75 billion euros (as at 31 December 2023, the available limit under the Fixed Income Programme for 2023 was 9.8 billion euros).                                                                                             |

In 2024, Banco Sabadell carried out two public issues of mortgage covered bonds under the Fixed Income Programme in effect at the time amounting to a total of 1.75 billion euros.

| Million euro                  |     |           |              |     |                  |               |     |            |            |     |        |       |     |         |     |
|                               |     | ISIN code |              |     | Type of investor |               |     | Issue date |            |     | Amount |       |     | Term    
 (years) |     |
| Mortgage Covered Bonds 2/2024 |     |           | ES0413860851 |     |                  | Institutional |     |            | 05/06/2024 |     |        | 1,000 |     |         |  10 |
| Mortgage Covered Bonds 3/2024 |     |           | ES0413860877 |