Company: BBVXF
Filing Date: 2025-07-31
Form Type: F-3ASR
Source: 0001193125-25-170429
Chunk: 175

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: F-3ASR
Chunk 175
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 disposition of ordinary shares or ADSs, senior preferred notes, senior non-preferrednotes, subordinated notes and contingent convertible preferred securities including the effect of tax laws of any other jurisdiction, based on their particular circumstances. This information has been prepared in accordance with the following Spanish tax legislation in force at the date of this prospectus and is subject to amendment in subsequent prospectus supplements:

| (i) | of general application, First Additional Provision of Law 10/2014. Consideration has also been given to RD 
 1065/2007;                                                                                                 |

| (ii) | for individuals resident for tax purposes in Spain which are subject to the Individual Income Tax                                                                                                 
 (“IIT”), Law 35/2006 of November 28, on the IIT and on the Partial Amendment of the Corporate Income Tax Law, the Non-Residents Income Tax Law, the Net Wealth Tax Law, the Tax on Large Fortunes 
 Law, and Royal Decree 439/2007 of March 30, promulgating the IIT Regulations, along with Law 29/1987 of December 18, on Inheritance and Gift Tax;                                                 |

| (iii) | for legal entities resident for tax purposes in Spain which are subject to the Corporate Income Tax                                        
 (“CIT”), Law 27/2014 of November 27, promulgating the CIT Law, and Royal Decree 634/2015 of July 10, promulgating the CIT Regulations; and |

| (iv) | for individuals and entities who are not resident for tax purposes in Spain which are subject to Non-Residents Income Tax (“NRIT”), Royal Legislative Decree 5/2004 of March 5, promulgating the Consolidated Text of the NRIT Law, and Royal Decree 1776/2004 of July 30, promulgating the NRIT 
 Regulations, along with Law 29/1987 of December 18, on Inheritance and Gift Tax.                                                                                                                                                                                                                 |

As used herein, the following terms have the following meanings:

| (ii) | A “U.S. Resident” means a U.S. Holder (as defined below under “U.S. Tax Considerations”)                                                                                                                                                                  
 that is a resident of the United States for purposes of the Treaty and entitled to the benefits of the Treaty and whose holding is not effectively connected with a permanent establishment (as defined by the Treaty) in Spain through which such holder 
 carries on or has carried on business or with a