Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 51

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 51
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MC is considered satisfied. See “The Exchange Offer—Antitrust Authorizations—Spanish Antitrust Authorization”. Governmental and Regulatory Authorizations (page 133) According to the information available to BBVA, Banco Sabadell has control or significant shareholdings in regulated entities both in Spain and in other jurisdictions. The acquisition by BBVA of control of Banco Sabadell as a result of the exchange offer will involve the indirect acquisition of control or significant shareholdings in such regulated subsidiaries or affiliates of Banco Sabadell, which may require, in accordance with the applicable legislation in each case, obtaining the authorization or non-oppositionof the competent regulatory supervisory bodies in Spain or in jurisdictions other than Spain, as applicable. As a result, according to the information available to BBVA, the authorization or non-oppositionwith respect to the indirect acquisition of control or significant shareholdings in regulated subsidiaries or affiliates of Banco Sabadell is subject to the prior notification to or the authorization or non-oppositionof the following competent regulatory supervisory bodies:

| ii. | The ECB in relation to the acquisition of indirect control of Sabadell Consumer Finance, S.A.U., Spanish                                                                                                                                             
 banking subsidiary of Banco Sabadell, in accordance with the Regulation, Supervision and Solvency of Credit Institutions Law and Royal Decree 84/2015 of February 13, which develops the Regulation, Supervision and Solvency of Credit Institutions 
 Law. The ECB’s non-opposition was obtained on September 5, 2024.                                                                                                                                                                                     |

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| iii. | The ECB in relation to the acquisition of indirect control of, or the acquisition of significant shareholdings                                                                                                                       
 in, the following subsidiaries and affiliates of Banco Sabadell: TSB (United Kingdom), Banco Sabadell, S.A., Institución de Banca Múltiple (Mexico), Sabcapital, S.A. de C.V., SOFOM E.R. (Mexico) (which has been absorbed by Banco 
 Sabadell S.A., Institución de Banca Múltiple in 2025), Banco Atlántico (Bahamas) Bank & Trust Ltd. (in liquidation) (Bahamas) and Financiera Iberoamericana, S.A. (Cuba), in accordance with the Regulation, Supervision             
 and Solvency of Credit Institutions Law and Royal Decree 84/2015 of February 13, which develops the Regulation, Supervision and Solvency of Credit