Company: BBVXF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001193125-25-108558
Chunk: 2

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-05-01
Form: 6-K
Chunk 2
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 at least 50%.                                                                                                                                                                                                                               |

| ● |     | In addition, for SMEs and the self-employed in postal codes where there are fewer than four             
 competitors, prices of the new credit flow will not exceed the average price applied at national level. |

1Central de Información de Riesgos del Banco de España.

04.30.2025

| ● |     | As for the acquiring services market (POS), BBVA has committed to maintain the terms of                   
 acquiring services contracted by SMEs and self-employed customers with either BBVA and/or Banco Sabadell. |

“The union with Banco Sabadell is a project of growth, which will allow us to increase our lending capacity to businesses and households by an additional €5 billion per year. Furthermore, the remedies that we assume favor financial inclusion, territorial cohesion, credit for SMEs and the self-employed, and preserve competitiveness—especially in places where Banco Sabadell has a greater presence, such as Catalonia”, said BBVA Chair Carlos Torres Vila. As stated by the CNMC in a press release, “considers that the remedies presented by BBVA are adequate, sufficient and proportionate to solve the problems that this concentration poses for competition in the affected markets.” Regarding the next steps, following this authorization by the CNMC and as established by Law 15/2007 on the Defense of Competition, the Ministry of Economy has fifteen working days to decide whether to refer the concentration to the Council of Ministers .Should it do so, the Council of Ministers will assess the transaction based on public interest criteria other than the protection of competition, and it must issue its decision within a maximum period of one month (calendar days). Details of the remedies The CNMC has approved the BBVA and Banco Sabadell transaction, subject to compliance by BBVA with the following remedies, which will have a duration of three years, unless otherwise indicated . In order to guarantee financial inclusion, territorial cohesion and protection for vulnerable customers, BBVA commits to:

| ● |     | Not closing branches where there is no other nearby branch (BBVA or Sabadell) within a 
 radius of at least 300 meters [Remedy 4.3].                                            |

| ● |     | Not closing offices in those postal codes with a per capita income of less than €10,000 (205 postal codes) [Remedy 4.4]. |

| ● |     | Not leaving behind any municipality (nor substituting via an agent, a mobile bank or other means)