Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 465

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 465
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 below was created by the Bank to confirm the existence of sufficient liquidity and profit at the time of its approval of the aforesaid interim dividend:

| Thousand euro                                                                 |     |            |            |
| Available for the payment of dividends according to the interim statement at: |     | 30/09/2023 |            |
| Banco Sabadell profit as at the date indicated, after provisions for taxes    |     |            |    861,364 |
| Estimated statutory reserve                                                   |     |            |          — |
| Estimated Canary Island investment reserve                                    |     |            |          — |
| Maximum amount available for distribution                                     |     |            |    861,364 |
| Interim dividend proposed                                                     |     |            |    166,797 |
| Cash balance available at Banco de Sabadell,                                  
 S.A. (*)                                                                      |     |            | 27,263,008 |

(*) Includes the balance of the heading “Cash, cash balances at central banks and other demand deposits”. Similarly, on 31 January 2024, the Board of Directors of Banco Sabadell resolved to propose to the next Annual General Meeting of Shareholders a supplementary dividend of 0.03 euros (gross) per share charged to the results of the 2023 financial year, to be paid in cash foreseeably during the month following the holding of the Annual General Meeting of Shareholders. In addition to this cash dividend, the Board of Directors of Banco Sabadell, after having obtained the prior permission of the competent authority, has also resolved to establish, out of the 2023 earnings, a buyback programme of treasury shares for their redemption through a resolution for share capital reduction to be proposed to the Annual General Meeting of Shareholders, of up to a maximum amount of 340 million euros, whose terms, once they are set by the Board of Directors, will be the content of a new announcement before starting its execution. The total shareholder remuneration corresponding to 2023, which combines the cash dividend and the share buyback programme, will, therefore, be equivalent to 50% of the profit attributable to the owners of the parent company, complying with the shareholder remuneration policy. In addition, at its meeting of 25 January 2023, the Board of Directors submitted a proposal to the Annual General Meeting concerning the distribution of a supplementary gross cash dividend of 0.02 euros per share to be paid out of 2022 earnings, which was approved at the Annual General