Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 187

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 187
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 of BBVA briefly describes certain material provisions of
BBVA’s bylaws (estatutos) and Spanish law relating to the share capital of BBVA. Because it is a summary, it is not meant to be complete, is qualified by reference to the applicable Spanish laws and BBVA’s bylaws and does not
contain all the information that may be important to you. Copies of BBVA’s bylaws are included as an exhibit to the Registration Statement of which this offer to exchange/prospectus forms a part.

General

All rights and obligations of
BBVA’s shareholders are contained in BBVA’s bylaws and in Spanish law. In addition, pursuant to Royal Decree 84/2015 of February 13, implementing Law 10/2014, amendments of the bylaws of a bank are subject to notice or prior
authorization of the Bank of Spain. Other requirements to amend BBVA’s bylaws are discussed under “—Attendance and Voting at Shareholders’ Meeting”.

As of the date of this offer to exchange/prospectus BBVA’s paid-in share capital is
€2,824,009,877.85, represented by 5,763,285,465 BBVA shares (5,763,285,465 voting rights) with a par value of €0.49 per unit, all of them of the same class and series, fully subscribed and paid-up
and represented through the book-entry trading system held by Iberclear and its participating entities.

At the ordinary general
shareholders’ meeting of BBVA, held on March 18, 2022, BBVA’s shareholders delegated to BBVA’s board of directors the authority to issue up to 3,333,943,290 new BBVA shares (equal to half of BBVA’s share capital on
March 18, 2022, the date of the authorization). The board of directors is authorized to exclude preemptive rights, in whole or in part, pursuant to the applicable provisions of the Spanish Corporation Law. The power to exclude preemptive rights
is limited, such that the nominal amount of any share capital increases resolved or effectively carried out with the exclusion of preemptive subscription rights in use of this authority and those that may be resolved or carried out to cover the
conversion of convertible issuances that may equally be made with the exclusion of preemptive subscription rights in use of the authority described below may not exceed the nominal maximum overall amount of 10% of BBVA’s share capital at the
date of the