Company: BBVXF
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001193125-25-198517
Chunk: 171

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-09
Form: 424B3
Chunk 171
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 currently offered, at all BBVA and Banco Sabadell branches; (viii) create an account for vulnerable customers, with no opening, 
 administration or maintenance fees, a free debit card and unlimited free domestic transfers through digital channels, and no fees for foreign-currency transfers, among other terms and conditions; (ix) not close off-premises ATMs in postal codes  
 where there is only one or no other competitor (currently 11 off-premises BBVA ATMs, to which off-premises Banco Sabadell ATMs will be added); (x) maintain access to Banco Sabadell’s ATM network for all customers of the entities belonging        
 to the Euro 6000 and Cardtronics ATM networks on the same terms as they currently have with Banco Sabadell for 18 months; and (xi) maintain Banco Sabadell’s current fee policies for ATM withdrawals using cards issued by other banks for 18        
 months.                                                                                                                                                                                                                                               |

| • |     | With respect to the commercial terms and conditions for retail customers, SMEs and self-employed customers, BBVA 
 commits to: (i) maintain the commercial terms and conditions of such customers in                                |

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| postal codes with fewer than four financial institutions as of the date of the CNMC’s resolution (174 postal codes); (ii) for SMEs and self-employed customers in these postal codes,                                                                 
 ensure that prices for new loans granted do not exceed the national average for the relevant rating level and financing product; and (iii) maintain the terms for payment acquiring services contracted by SMEs and self-employed customers with BBVA 
 and/or Banco Sabadell.                                                                                                                                                                                                                                |

In addition, BBVA commits to divest any stake in the share capital of certain payment processing companies (Redsys, Sistema de Tarjetas y Medios de Pago, Bizum and Servired) in excess of the limits established in the relevant bylaws or shareholders’ agreements as a result of the completion of the exchange offer. BBVA must also make standard customer service channels available to address any issues related to the implementation of the CNMC Commitments and collaborate with the CNMC to confirm proper compliance with all Commitments. Additional information regarding the CNMC Commitments is included in the BBVA CNMC Commitments Form 6-K incorporated by reference herein. In accordance with the Spanish Competition Law, the CNMC’s resolution was communicated to the Spanish Minister of Economy, Trade and Business, who decided on May 27, 2025