Company: BBVXF
Filing Date: 2025-09-08
Form Type: 425
Source: 0001193125-25-198316
Chunk: 34

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-08
Form: 425
Chunk 34
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 Holders of Banco Sabadell shares who accept the Offer through BBVA will not bear the brokerage costs arising from the intervention of a market member in the exchange, nor the settlement fees of Iberclear, or, where applicable, those derived from trading on the Spanish Stock Exchanges, which will be paid in full by BBVA in accordance with the provisions of this section. In the event that other market members other than BBVA are involved on behalf of the shareholder accepting the Offer, the brokerage expenses and other expenses of the selling party in the transaction, including the fees for the settlement of Iberclear and the trading fees of the Spanish Stock Exchanges, will be borne by the accepting shareholder. The expenses incurred by BBVA for the acquisition of the shares and their liquidation, including any expenses derived from the payment of the Cash Consideration and the Picos, will be paid by BBVA. BBVA will assume any fees that the depository entities and administrators of shares participating in Iberclear may pass on to their customers for the processing of the declarations of acceptance of the Offer and for the settlement of the Offer itself, of those shareholders of Banco Sabadell who submit their 20

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. In the event of any discrepancies between this document and the corresponding Spanish version, the Spanish version shall prevail. declaration of acceptance to BBVA, as an agent, in accordance with the procedure described previously in section 10.2.2. However, under no circumstances will BBVA assume the fees or expenses that these entities may charge when the acceptance of the Offer is made exclusively through another entity participating in Iberclear where the shares are deposited, nor will these entities charge their customers for the administration or custody of securities, for the maintenance of securities balances, or new fees that institutions may establish after the date of the Prospectus. In accordance with the provisions of Article 33.5 of Royal Decree 1066/2007, once the withdrawal of the Offer or the cause that renders it null and void has been published, as the case may be, the acceptances that have been submitted will become ineffective, and BBVA will be responsible for the expenses incurred by Banco Sabadell shareholders as a result of their acceptance of the Offer. Likewise, in accordance with Article 39.1 of Royal Decree 1066/