Company: BBVXF
Filing Date: 2025-09-08
Form Type: 425
Source: 0001193125-25-198316
Chunk: 21

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-08
Form: 425
Chunk 21
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 of the remaining shares of Banco Sabadell (squeeze-out)with the same consideration as the Offer in the same amounts and amounts of cash and newly issued BBVA shares (adjusted, where appropriate, as indicated above in the event of distribution of dividends or other distributions to Banco Sabadell shareholders or BBVA shareholders, as the case may be). The execution of the transaction resulting from the exercise of the aforementioned right of forced sale will lead to the delisting of Banco Sabadell’s shares from the Spanish Stock Exchanges. Such delisting will be effective from the date of settlement of the forced sale transaction.

| 9.11 | Intention to apply or not to apply the right of forced sale |

In the event that the requirements set forth in Articles 116 of the Securities Market Law and 47 of Royal Decree 1066/2007 are met, BBVA will exercise its right of forced sale, which will entail the exclusion of Banco Sabadell’s shares from trading on the Spanish Stock Exchanges by virtue of the provisions of Article 48.10 of Royal Decree 1066/2007.

| 9.12 | Intentions relating to the transfer of Banco Sabadell’s securities |

BBVA does not intend to transfer Banco Sabadell shares and there is no agreement or negotiations with third parties in this regard.

| 9.13 | Information contained in this section regarding BBVA and its group |

The Offer consideration consists of newly issued BBVA shares to be delivered in accordance with the Exchange Ratio offered and includes a cash component corresponding to the compensatory adjustment for the interim dividends paid by BBVA on October 10, 2024, and April 10, 2025. In the event that the Offer is accepted by 100% of Banco Sabadell’s share capital, a maximum nominal amount of €443,667,806 will be required to increase BBVA’s share capital through the issuance and circulation of up to 905,444,502 ordinary shares with a par value of €0.49 each, to fully meet the consideration in shares offered in the Offer. To this end, BBVA’s Extraordinary General Shareholders’ Meeting held on July 5, 2024, approved the corresponding capital increase and, subsequently, BBVA’s Ordinary General Shareholders’ Meeting approved the renewal of the delegation of powers in relation to the execution of said capital increase, under the same terms, for an additional period of one year from the adoption of the renewal agreement. As a