Company: BBVXF
Filing Date: 2025-09-08
Form Type: 425
Source: 0001193125-25-198316
Chunk: 13

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-08
Form: 425
Chunk 13
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15.4 of Royal Decree 1066/2007, BBVA’s directors have acted and will continue to act in a manner that is not contradictory to the decision to launch the Offer. On July 5, 2024, BBVA’s Extraordinary General Meeting of Shareholders was held at second call, which approved the issuance of the shares. Finally, once the result of the Offer is published, if it has a positive result and following the issuance by Iberclear of the certificate evidencing the number of Banco Sabadell shares that have accepted the Offer, the Board of Directors of BBVA (which has sub-delegationpowers) will approve the issuance of the exact number of BBVA shares necessary to meet the Share Consideration of the Offer. For more information on the guarantees of the Offer, see section II.5 of the Prospectus. BBVA does not require other authorizations or administrative verifications for the issuance of the new shares offered in consideration for the Offer, nor does it require the obtaining of any third-party report or any other corporate resolution in addition to that indicated in the previous paragraph.

| 8.2 | Sources of financing of the Offer |

Given that the Offer includes a Share Consideration and a Cash Consideration, the part that entails the issuance of new issues of BBVA will be met through the issuance of such new shares authorized by the General Shareholders’ Meeting of BBVA held on July 5, 2024, and whose delegation of powers to the Board of Directors of BBVA to execute all or part of the aforementioned issuance has been renewed, as described in section 8.1 above. For the Cash Consideration and for the payment of the picos, BBVA has not resorted to external financing and has at its disposal the necessary funds to pay the maximum amount to which the Cash Consideration and the picoswould amount, for which purpose it has constituted the unavailable cash deposits described in section 8.1 above.

| 9. | BBVA’S PLANS AND INTENTIONS IN RELATION TO THE OFFER AND BANCO SABADELL |

All the information included on Banco Sabadell in this section has been obtained from public sources. BBVA has not had access to non-publicinformation from Banco Sabadell. 8

This is an unofficial English translation for information purposes only of the offer announcement’s official version in Spanish. The National Securities Market Commission (Comisión Nacional del Mercado de Valores) did not review this version.