Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 93

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 93
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 the BBVA Group’s loan book and deposit portfolio. BBVA does not have, and to date has not had, any control (financially, legally or operationally) over the Target Company, and consequently, BBVA has not
had any oversight over the preparation of the audited financial statements of the Target Company. Accordingly, this prospectus supplement does not contain or incorporate by reference the audited financial statements of the Target Company or, apart
from the limited information contained in the unaudited pro forma condensed financial information included in “Recent Developments—Exchange Offer to exchange 100% ofthe shares of Banco de Sabadell, S.A. for shares of Banco Bilbao Vizcaya Argentaria, S.A.—Unaudited Pro Forma Condensed Financial Information”, any other historical financial information of the Target Company.

In preparing the unaudited condensed pro forma financial information included in “Recent Developments—Exchange Offer to exchange 100% of the shares of Banco de Sabadell, S.A. for shares of Banco Bilbao Vizcaya Argentaria, S.A.—Unaudited Pro Forma Condensed Financial Information”, BBVA did not have access
to non-public information regarding the Target Company and, accordingly, prepared the pro forma financial information using solely publicly available information regarding the Target Company and
historical financial information of BBVA. The adjustments included in the pro forma financial information include only those that are factually supportable on the basis of the information that is publicly available to BBVA. The unaudited pro
forma adjustments included in the pro forma financial information, the value of the Consideration that would be paid if the Exchange Offer were completed, the accounting allocation of the purchase price made in accordance with IFRS 3 (i.e., the
estimated value of the capital increase), as well as the estimated fair value of assets, liabilities and contingent liabilities to be acquired are preliminary and subject to change, since they have been calculated following a preliminary analysis
based on publicly available financial information for the year ended December 31, 2023 and for the six months ended June 30, 2024, as applicable. Should the Exchange Offer be completed, differences between the preliminary estimates
included herein and the final acquisition accounting will likely occur, and these differences could be material. The differences, if any, could have a material impact on the accompanying pro forma financial information. In accordance with paragraphs
45 and B67 of IFRS 3 “Business Combinations