Company: BBVXF
Filing Date: 2025-09-05
Form Type: 425
Source: 0001193125-25-197292
Chunk: 22

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: 425
Chunk 22
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 tangibles of software and tax impacts. Simplified PPA, we will have one year to review that after we take control of Sabadell.

A - Onur Genc

Very good. And then the second detailed question, Britta, is, as you know, the extraordinary banking tax is extraordinary, and
it’s for a period of three years. So Sabadell standalone or Sabadell as part of the combined entity, but as an independent entity within the next three years,

2025-09-05 it doesn’t change the tax payments. As a result, it’s not included as a separate value creation lever. A - Patricia Bueno Olalla Thank you very much, all of you. This was the last question, so we leave it here. Thank you for joining this audio webcast. And now, I turn it over to Carlos for the final remarks. A - Carlos Torres Vila Yeah, I would like to reiterate our key messages for today, which is that the combination of BBVA and Sabadell has an even stronger strategic rationale than when we announced the offer, as we have shown, with significant value creation through synergies. And that after all approvals, Sabadell shareholders now have the opportunity to accept over the coming month our highly attractive offer with a current equivalent value for Sabadell at the highest of more than a decade. And with that, they can enjoy an EPS accretion of more than 25%. So we trust they will appreciate the merits of our offer and the sustained value creation potential of our joint project. And we thank you very much for your attention, for your questions and wish you a very good weekend.

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