Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 51

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 51
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s as will result in holders of Preferred   
 Securities receiving such amounts as they would have received in respect of such Distributions had no such withholding or deduction been required.                                                                                                     |

| This provision is subject to certain important exceptions as described under “Certain Terms of the Preferred Securities—Additional Amounts” below. Among other exceptions, we will not be required to                                                  
 pay any Additional Amounts in relation to any payment in respect of the Preferred Securities: (i) to, or to a third party on behalf of, a holder of Preferred Securities if the holder or the beneficial owner of such Preferred Securities is         
 liable for the relevant taxes in respect of such Preferred Security by reason of his or her having some connection with Spain other than the mere holding of such Preferred Security, (ii) to, or to a third party on behalf of, a holder of           
 Preferred Securities if the holder or the beneficial owner has not provided such information as may be necessary to comply with any certification, identification or other requirements concerning the nationality, residence, identity or connection  
 with the taxing jurisdiction of such holder or beneficial owner, if such claim or compliance is required by statute, regulation or administrative practice of Spain as a condition to relief or exemption from such taxes, (iii) to, or to a third     
 party on behalf of, a holder of Preferred Securities in respect of a withholding tax imposed on payments made to individuals with tax residence in Spain following the criteria held by the Spanish tax authorities under which the withholding regime 
 set out in Royal Decree 439/2007 of March 30 prevails over that set out in RD 1065/2007 (as defined herein), (iv) to, or to a third party on behalf of, a holder if we do not receive the relevant information as may be required by Spanish tax       
 law, regulation or binding ruling, including a duly executed and completed Payment Statement (as defined herein) from the Paying Agent (as defined herein), or (v) where the withholding or deduction is required pursuant to an agreement described   
 in Section 1471(b) of the Code or otherwise imposed pursuant to Sections 1471 through 1474 of the Code (“FATCA”), any regulations or agreements thereunder, any official interpretations thereof, any intergovernmental agreements                     
 with respect thereto (including the intergovernmental agreement between the United States and Spain on the implementation of FATCA), or any law, regulation or other official guidance enacted or issued in any jurisdiction implementing, or relating 
 to, FATCA or