Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 307

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 307
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4, i.e. 52,531,365 shares with a par value of 0.125 euros each, representing approximately 0.97% of the Bank’s share capital. This capital reduction was approved as part of the resolution adopted by shareholders at the aforesaid
Annual General Meeting of 10 April 2024 (see Note 3). The capital reduction and the amendment to Article 7 of the Articles of Association relating to share capital were entered in the Companies Register of Barcelona on 27 February 2025,
that reduction being thus completed and the redeemed shares delisted. This transaction did not entail the reimbursement of contributions made by shareholders, the Bank being the holder of the redeemed shares.

On 29 May 2025, the Board of Directors of Banco Sabadell agreed to execute a reduction of the Bank’s share capital in the amount of
12,432,602.50 euros, through the redemption charged to unrestricted reserves of all the treasury shares acquired under the reactivated share buyback programme, i.e. 99,460,820 shares with a par value of 0.125 euros each, representing approximately
1.85% of Banco Sabadell’s share capital prior to the Bank’s capital reduction. This capital reduction was approved as part of the resolution adopted by shareholders at the aforesaid Annual General Meeting of 20 March 2025 (see Note
3). The capital reduction and the amendment to Article 7 of the Articles of Association relating to share capital were entered in the Companies Register of Barcelona on 23 June 2025, that reduction being thus completed and the redeemed shares
delisted. This operation did not entail the reimbursement of contributions made by shareholders, the Bank being the holder of the redeemed shares.

Share premium

The balance of the share premium as at 30 June 2025 amounted to 7,355,368 thousand euros
(7,695,227 thousand euros as at 31 December 2024).

In the first half of 2025, the share premium was reduced by 320,860 thousand
euros, which corresponds to the difference between the purchase price of the shares redeemed as part of the Bank’s capital reduction explained in this note (339,859 thousand euros) and the par value of those shares (18,999 thousand
euros).

Thereafter, pursuant to applicable legislation, a restricted capital redemption reserve was created, with a charge to the share premium in
an amount equal to the par value of the redeemed shares