Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 56

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 56
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2024, the Bank of 
 Spain confirmed its non-opposition to the acquisition of indirect control of Paycomet, S.L. by BBVA.                                                                                                                                          |

| v. | The CNMV in relation to the acquisition of indirect control of Urquijo Gestión, S.A.U. S.G.I.I.C,                                                                                                                                  
 Spanish management company of collective investment institutions subsidiary of Banco Sabadell, in accordance with Law 35/2003, of November 4, on collective investment institutions. On September 26, 2024, the CNMV confirmed its 
 non-opposition to the acquisition of indirect control of Urquijo Gestión, S.A.U. S.G.I.I.C by BBVA.                                                                                                                                |

| vi. | The Directorate-General of Insurance and Pension Funds in relation to the indirect acquisition of a significant                                                                                                                                      
 shareholding in each of Bansabadell Seguros Generales, S.A. de Seguros y Reaseguros and Bansabadell Vida, S.A. de Seguros y Reaseguros, Spanish insurance companies in which Banco Sabadell has a significant shareholding, in accordance with Law   
 20/2015, of July 14, on organization, supervision and solvency of the insurance and reinsurance undertakings. On October 7, 2024, the Directorate-General of Insurance and Pension Funds confirmed its non-opposition to the indirect acquisition of 
 a significant shareholding in each of Bansabadell Seguros Generales, S.A. de Seguros y Reaseguros and Bansabadell Vida, S.A. de Seguros y Reaseguros by BBVA.                                                                                        |

| vii. | The Directorate-General of Insurance and Pension Funds in relation to the indirect acquisition of a significant                                                                                                                                    
 shareholding in Bansabadell Pensiones, E.F.G.P, S.A., Spanish pension funds manager company in which Banco Sabadell has a significant shareholding, in accordance with Royal Legislative Decree 1/2002, of November 29, approving the consolidated 
 text of the law of regulation of pension plans and funds. On June 4, 2024, BBVA submitted the required communication to the Directorate-General for Insurance and Pension Funds informing about the indirect acquisition of a significant stake in 
 Bansabadell Pensiones E.F.G.P, S.A. and no express or tacit authorization from the Directorate-General for Insurance and Pension Funds is required thereafter.                                                                                     |

| viii. | The Directorate