Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 365

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 365
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 the Institution does not expect those shares to be placed back in circulation on the market prior to the dividend payment date, and (c) that, as required by the Capital Companies Act, treasury shares do not carry rights to obtain dividends. At its meeting held on 22 July 2024, the Board of Directors of Banco Sabadell agreed to distribute an interim dividend in cash, to be paid out of its earnings for 2024, of 0.08 euros (gross) per share, which was paid on 1 October 2024. In fulfilment of the mandatory requirement indicated in Article 277 of Spain’s Capital Companies Act (Ley de Sociedades de Capital), the provisional statement of accounts provided 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                    
 provisional statement as at:                                               |     | 30/06/2024 |
| Banco Sabadell profit as at the date indicated, after provisions for taxes |     |    788,703 |
| Estimated statutory reserve                                                |     |          — |
| Estimated Canary Island investment reserve                                 |     |         36 |
| Maximum amount available for distribution                                  |     |    788,667 |
| Interim dividend proposed                                                  |     |    428,915 |
| Cash balance available at Banco de Sabadell, S.A. (*)                      |     | 22,669,798 |

(*) Includes the balance of the heading “Cash, cash balances at central banks and other demand deposits”. In addition to the cash interim dividend, during the aforesaid meeting, the Board of Directors of Banco Sabadell agreed to set the percentage of profits to be distributed to shareholders, in other words the Group’s payout ratio, at 60% of the Group’s net attributable profit for 2024. This payout ratio is at the top of the range established by the Group’s Shareholder Remuneration Policy. Later, on 6 February 2025, Banco Sabadell’s Board of Directors agreed to submit a proposal to the Annual General Meeting for the distribution of a final dividend of 0.1244 euros (gross) per share, to be paid in cash out of the earnings of 2024. This dividend, together with the one mentioned previously, result in a total cash dividend to be paid out of the earnings of 202