Company: BBVXF
Filing Date: 2025-08-12
Form Type: DRS
Source: 0000950123-25-007520
Chunk: 182

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-08-12
Form: DRS
Chunk 182
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 a negative impact of 29 basis points, resulting in an estimated CET1 ratio of the BBVA Group as of June 30, 2025, on a fully-loaded basis, under the assumptions described above, of
13.05%.

The table below shows the CET1 ratio of the BBVA Group as of June 30, 2025 and, taking into account 290,871,859 Banco
Sabadell shares held in treasury as of August 1, 2025, based on information published by Banco Sabadell on August 4, 2025, (i) the estimated impact on such CET1 ratio of the BBVA Group in the 30% Acceptance Scenario, (ii) the
estimated impact on the CET1 ratio of the BBVA Group of the consummation of

128

As confidentially submitted to the Securities and Exchange Commission on August 11, 2025. This Amendment No. 4 has not been publicly filed with the Securities and Exchange Commission and all information herein remains strictly confidential. the TSB Sale and payment of the TSB Sale Dividend on such basis and (iii) the estimated cumulative impact on the CET1 ratio of the BBVA Group of the exchange offer and the consummation of the TSB Sale on such basis.

| CET1 ratio of the BBVA Group as of June 30, 2025 (before giving effect to the exchange       
 offer)                                                                                       |     | (basis    
 points,   
 except %) | 13.34 | % |
|:---------------------------------------------------------------------------------------------|:----|:----------|------:|:--|
| Total impact of the exchange offer                                                           |     |           |   -56 |   |
| of which consolidation of Banco Sabadell’s risk-weighted assets                              |     |           |  -226 |   |
| of which intangible assets                                                                   |     |           |   -34 |   |
| of which other prudential deductions                                                         |     |           |   -21 |   |
| of which goodwill or badwill and capital increase                                            |     |           |   +78 |   |
| of which minority interests                                                                  |     |           |  +148 |   |
| Estimated CET1 ratio of the BBVA Group as of June 30, 2025 (after giving effect to the       
 exchange offer)                                                                              |     |           | 12.78 | % |
| Impact of consummation of the TSB Sale and payment of the