Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 99

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 99
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, with respect to the pro forma income statements, as of January 1, 2023, and with respect to the pro forma consolidated balance sheet, as of June 30, 2024. Sources of Information The pro forma financial information reflects the business combination of the BBVA Group and the Target Company Group using, exclusively, publicly-available information of the Target Company as of and for the year ended December 31, 2023 (principally the consolidated financial statements of the Target Company as of and for the year ended December 31, 2023) and as of and for the six months ended June 30, 2024 (principally the condensed consolidated interim financial statements of the Target Company as of and for the six months ended June 30, 2024). Neither the Target Company’s consolidated financial statements as of and for the year ended December 31, 2023 nor the Target Company’s condensed consolidated interim financial statements as of and for the six months ended June 30, 2024 have been audited under U.S. GAAS, and such financial statements are therefore not considered audited financial statements under SEC rules. However, as a listed company in Spain, the Target Company is subject to ongoing reporting requirements under CNMV rules, including that its annual financial statements be audited under prevailing legislation regulating the audit of accounts in Spain. The pro forma financial information has been prepared using the audited consolidated financial statements of BBVA as of and for the year ended December 31, 2023 and the unaudited condensed interim consolidated financial statements of BBVA as of and for the six months ended June 30, 2024 included in the 2023 Form 20-Fand the 1H24 Form 6-K,respectively, each incorporated by reference herein. Basis of Presentation The pro forma financial information has been prepared on the basis of the historical consolidated financial information of each of BBVA and the Target Company, which has been prepared, in the case of BBVA, in compliance with IFRS-IASB and, in the case of the Target Company, in accordance with EU-IFRS. The pro forma financial information presented herein includes:

| · |     | Accompanying explanatory notes describing the sources of information, assumptions and estimates for the preparation of the pro forma financial information. |

For the preparation of the pro forma financial information of the combined group, IFRS 3 “Business Combinations” has been considered. Additionally, in order to complete such valuation