Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 17

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 17
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 contain additional obligations and/or guidance in relation to the marketing, offer and sale of the Preferred Securities to investors in Singapore. Together, the SFA, the FAA, the Guidelines on Fair Dealing and the PB Code are referred to as the “ Singapore Regulations”, and the Singapore Regulations, together with the European Regulations and the HKMA Circular, are referred to as the “ Regulations”. In addition to the above obligations and Regulations, there is the need to comply at all times with all other applicable laws, regulations, and regulatory guidance (whether inside or outside the EEA, the United Kingdom, Hong Kong or Singapore) relating to the promotion, offering, distribution and/or sale of the Preferred Securities (or any beneficial interests therein), including (without limitation) MiFID II (including as implemented in Spain and the United Kingdom, and as the relevant implementing regulations form part of domestic law in the United Kingdom), the FCA Handbook and any other such laws, regulations and regulatory guidance relating to determining the appropriateness and/or suitability of an investment in the Preferred Securities (or any beneficial interests therein) for investors in any relevant jurisdiction. Each of BBVA and the underwriters are required to comply with some or all of the Regulations. By purchasing, or making or accepting an offer to purchase, any Preferred Securities (or a beneficial interest in the Preferred Securities) from BBVA and/or any underwriters, each prospective investor will be deemed to represent, warrant, acknowledge, consent, accept, agree with and undertake to BBVA and each of the underwriters that:

| (i) | it is not a retail client (as defined in point (11) of Article 4(1) of MiFID II) (an “EEA Retail 
 Client”) or in COBS 3.4 (together with an EEA Retail Client, a “retail client”);                 |

| (ii) | whether or not it is subject to the Regulations, it will not: |

| a. | sell or offer the Preferred Securities (or any beneficial interests therein) to any retail clients or any                                                                                                      
 person in Hong Kong that is not a Hong Kong professional investor or any person in Singapore that is not an “accredited investor” or an “institutional investor” (each as defined in Section 4A of the SFA) (a 
 “Singapore professional investor”); or                                                                                                                                                                         |

| b. | communicate (including the distribution of this prospectus supplement, the accompanying prospectus and any                                                                                                                                              
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