Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 464

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 464
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 20% stake for at least three years, whilst aligning interests with its new industrial partner. Following this period, Banco Sabadell will have the option to sell that 20%.

The total transaction amount is fixed at 350 million euros (280 million euros due to the 80% subject to sale), which may be increased
depending on the achievement of targets. As at the sign-off date of these consolidated annual financial statements, the closing of this transaction was pending.

Other significant transactions in 2022

The Group made no other significant transactions worth mentioning in 2022. That said, on 22 September 2022, the Bank announced that it was in the
process of analysing a possible strategic agreement with an industrial partner specialising in its merchant acquiring business which, as indicated above, was signed in February 2023.

A-288

Note 3 – Shareholder remuneration and earnings per share Set out below is the proposed distribution of the profits earned by Banco de Sabadell, S.A. in 2023, which the Board of Directors will submit to shareholders for approval at the Annual General Meeting, together with the proposed distribution of profits earned by Banco de Sabadell S.A. in 2022, which was approved by shareholders at the Annual General Meeting of 23 March 2023:

| Thousand euro                             |     |      |           |     |      |         |
|                                           |     | 2023 |           |     | 2022 |         |
| To dividends                              |     |      |   326,413 |     |      | 225,079 |
| To Canary Island investment reserve       |     |      |       183 |     |      |     279 |
| To voluntary reserves                     |     |      |   761,418 |     |      | 515,193 |
| Profit for the year of Banco de Sabadell, 
 S.A.                                      |     |      | 1,088,014 |     |      | 740,551 |

On 25 October 2023, the Board of Directors of Banco Sabadell agreed to distribute an interim dividend in cash, to be paid out of its earnings in 2023, of 0.03 euros (gross) per share, which was paid on 29 December 2023. In fulfilment of the mandatory requirement indicated in Article 277 of Spain’s Capital Companies Act (Ley de Sociedades de Capital), the provisional statement of accounts provided