Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 110

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 110
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486 | ) |     |   |             |     |         |        (486 | ) |     |   |             |   |     |         |       (437 | ) |
| Weighted-average number of shares                                        |     |            |  5,769 |   |     |   |          |   |     |         |            |   |     |   |         901 |     |         |       6,670 |   |     |   |         450 |   |     |         |      6,219 |   |
| Basic and diluted earnings (losses) per share from continuing operations |     |            |   1.68 |   |     |   |          |   |     |         |            |   |     |   |             |     |         |        1.73 |   |     |   |             |   |     |         |       1.70 |   |

| (*) | Information subject to rounding given that Banco Sabadell’s publicly-available financial                                  
 information is expressed in thousands of euros and the pro forma financial information is expressed in millions of euros. |

Notes on the pro forma adjustments to the combined unaudited condensed consolidated pro forma income statement for the year ended December 31, 2024:

| (a) | Valuation of assets and liabilities recorded at amortized cost: |

As a consequence of the change in the valuation of assets and liabilities recorded at amortized cost, the accrual of interest is impacted, resulting in higher net interest income of €88 million associated with fixed income instruments and €106 million associated with securities issuances.

| (b) | Tax impacts: |

The adjustments described above would result in corresponding tax impacts, calculated on the basis of the general corporate income tax rate currently in effect in Spain with respect to credit institutions (30%). Impact of Other Potential Scenarios on the Pro Forma Financial Information The descriptions below contemplate the potential impact that other scenarios would have on the pro forma financial information. Sensitivity of Goodwill/(Negative Goodwill) to the Trading Price of the BBVA Shares The sensitivity of goodwill/(negative goodwill), estimated in accordance with the assumptions and information described above, to a positive or negative variation of €0.50 in the BBVA share price is approximately +/- €450 million.

| • |     | Assuming a trading price of €10.24 per BBVA share (the weighted average price per BBVA share during the                                                                                                                                     
 three-month period prior to