Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 183

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 183
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2025, Banco Sabadell published an inside information notice registered with the CNMV with registry number 135

2805 (the “TSB Sale Inside Information Notice”), informing that it had received a binding offer from Banco Santander, S.A. for the consummation of the acquisition of all of the shares representing the share capital of TSB and other equity instruments issued by TSB and held by Banco Sabadell (the “TSB Sale”), and announcing its decision to call an extraordinary general shareholders’ meeting to approve the TSB Sale and the payment of an extraordinary gross dividend of €0.50 per Banco Sabadell share conditional upon the closing of the TSB Sale (the “TSB Sale Dividend”). On July 3, 2025, Banco Sabadell published an other relevant information notice registered with the CNMV with registry number 35656, announcing the call of respective extraordinary general shareholders’ meetings to be held at 10:00 a.m. CET and 1:00 p.m. CET on August 6, 2025, on second call, to (i) authorize the TSB Sale and (ii) approve the payment of the TSB Sale Dividend, respectively. On July 22, 2025, Banco Sabadell published an other relevant information notice in response to a request from the CNMV to provide certain clarifications in relation to certain aspects of the information made available by Banco Sabadell with respect to the TSB Sale. According to the TSB Sale Inside Information Notice:

| • |     | The consideration for all of the shares representing the share capital of TSB is an initial price of                                                                                                                   
 £2,650 million, determined by reference to the Tangible Net Asset Value (“TNAV”) resulting from TSB’s unaudited consolidated balance sheet as of March 31, 2025, subject to adjustment as a result of the evolution of 
 TSB’s TNAV between April 1, 2025 and the closing of the TSB Sale.                                                                                                                                                      |

| • |     | The purchase and sale price of the equity instruments and securities issued by TSB and subscribed by Banco                                                                                                                                           
 Sabadell not matured, repurchased or redeemed as of the closing date of the TSB Sale will correspond to the sum of the fair values assigned to such equity instruments and securities based on the credit spreads agreed by Banco Sabadell and Banco 
 Santander, S.A. for each such equity instrument and security as of