Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 29

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 29
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 receive BBVA shares as consideration in the exchange offer as                                                                                                                           
 described in this offer to exchange/prospectus. Consequently, you should consider BBVA’s financial condition before you decide to become one of BBVA’s shareholders through the exchange offer. The BBVA Group had consolidated assets of 
 €776,974 million and €772,402 million as of June 30, 2025 and December 31, 2024, respectively, and net attributable profit/(loss) of €5,447 million and €10,054 million for the six months ended June 30, 2025 and for                    
 the year ended December 31, 2024, respectively. In considering BBVA’s financial condition, you should also review the documents incorporated by reference in this offer to exchange/prospectus because they contain detailed business,    
 financial and other information about BBVA.                                                                                                                                                                                               |

| Q. | If BBVA acquires all of the Banco Sabadell shares in the exchange offer, what percentage of BBVA shares will 
 former holders of Banco Sabadell shares own after completion of the exchange offer?                          |

| A. | BBVA estimates that if all Banco Sabadell shares are validly tendered and exchanged pursuant to the terms of                                                                                                                                      
 the exchange offer, immediately after completion of the exchange offer: (i) the former holders of Banco Sabadell shares will own approximately 13.6% of the share capital and voting rights of BBVA (7.3% and 4.5% in the 50% Acceptance Scenario 
 and the 30% Acceptance Scenario (each as defined herein), respectively); and (ii) the current holders of BBVA shares will hold approximately 86.4% of the share capital and voting rights of BBVA (92.7% and 95.5% in the 50% Acceptance Scenario 
 and the 30% Acceptance Scenario, respectively).                                                                                                                                                                                                   |

| Q. | If my Banco Sabadell shares are acquired in the exchange offer, how will my rights as a Banco Sabadell 
 shareholder change?                                                                                    |

| A. | If your Banco Sabadell shares are acquired in the exchange offer, you will become a holder of BBVA shares as                                                                                                                        
 described in this offer to exchange/prospectus. The rights of a holder of BBVA shares will be governed by BBVA’s bylaws, its general shareholders’ meeting’s regulations and the Spanish corporation law (Texto Refundido de la Ley