Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 244

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 244
---
 dividend, with the possibility of combining cash distributions with share buy-backs, all subject to the relevant authorizations and approvals applicable at any
given time. For additional information, see “Item 4. Information on the Company—Business Overview—Supervision and Regulation—Dividends” and “Item 8. Financial Information—Consolidated Statements and Other
Financial Information—Dividends” of the 2024 Form 20-F.

“Final” dividends
for a year are proposed by the board of directors to be approved by the annual general shareholders’ meeting following the end of the year to which they relate. Additionally, BBVA’s board of directors may approve the payment of
“interim” dividends on the basis of the interim profit obtained in the financial year in progress following the fulfillment of certain requirements under Spanish law, which payment is endorsed by the annual general shareholders’
meeting. Interim and final dividends are payable to shareholders of record on the record date for the dividend payment. Any unclaimed cash dividends revert to BBVA five years after declaration.

In addition, upon a liquidation, BBVA’s shareholders have the right to participate in the distribution of any net assets.

Form and Transfer

BBVA shares are
registered in book-entry form and are indivisible. Joint holders must nominate one person to exercise their rights as shareholders, though joint holders are jointly and severally (solidariamente) liable for all obligations arising from their
status as shareholders.

Iberclear maintains the central registry of BBVA shares which reflects (i) one or several proprietary
accounts which show the balances of the participating entities’ (entidades participantes) proprietary accounts; (ii) one or several general third-party accounts that show the overall balances that the participating entities hold
for third parties; and (iii) individual accounts opened in the name of the owner, either an individual or legal person. Each participating entity, in turn, maintains the detailed records of the owners of the shares held in their general
third-party accounts.

Transfers of BBVA shares quoted on the Spanish Stock Exchanges must be made by book-entry registry or delivery of
evidence of title to the buyer, through or with the participation of a member of the Spanish Stock Exchanges that is an authorized broker or dealer. Transfers of BBVA shares may also be subject to certain fees and expenses.

175

Reporting Requirements As BBVA shares are listed on the Spanish Stock Exchanges, the acquisition or disposition of BBVA shares by BBVA shareholders must