Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000030
Chunk: 7

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 7
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”) (a condition that was satisfied on September 2, 2024, as described below). On July 5, 2024, the BBVA’s Extraordinary General Shareholders' Meeting resolved to authorize, with 96% votes in favor, an increase in the share capital of BBVA of up to a maximum nominal amount of €551,906,524.05 through the issuing and putting into circulation of up to 1,126,339,845 ordinary shares of €0.49 par value each to cover the consideration in shares offered to the shareholders of the Target Company. On March 21, 2025, BBVA’s Ordinary General Shareholders’ Meeting approved the renewal of such resolution for its exercise within a one (1) year period from such date. On September 3, 2024, BBVA announced, through the publication of an inside information notice ( información privilegiada ) that, on September 2, 2024, it received the authorization from the PRA for BBVA's indirect acquisition of control of TSB Bank PLC as a result of the Offer. On September 5, 2024, BBVA announced, through the publication of an inside information notice ( información privilegiada ) that it received the decision of non-opposition from the European Central Bank to BBVA's taking control of the Target Company as a result of the Offer. On April 30, 2025, the Spanish National Markets and Competition authority announced its decision to authorize the economic concentration resulting from the Offer (“CNMC Resolution”), subject to compliance by BBVA with certain remedies mainly to ensure financial inclusion, territorial cohesion, protection for vulnerable customers and lending to small and medium-sized enterprises (SMEs) and self-employed customers. These remedies will have, in general, a duration of three years (except for certain specific commitments with a different duration) from when BBVA takes control of the Target Company (other than, only with respect to BBVA, certain remedies related to the commitment to preserve physical presence in certain territories and the maintenance of commercial terms and conditions for certain products and services which entered into force on the date the CNMC Resolution became effective, once the resolution was adopted by the Council of Ministers on June 24, 2025). In accordance with Article 58 of Law 15/2007, of 3rd July, on Competition Defense, on May 27, 2025, the Ministry of Economy, Trade and Business notified BBVA of its decision to refer to the Council