Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 264

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 264
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 other governmental charges payable on their BBVA shares, including any taxes payable on transfer. The paying agent or the transfer agent, as the case may be, may, and upon instruction from BBVA, will:

| • |     | refuse to effect any registration of transfer of such BBVA shares or any 
 split-up or combination thereof until such payment is made; or           |

| • |     | withhold or deduct from any distributions on such BBVA shares or sell for the account of the holder thereof any                                                                                                                                           
 part or all of such BBVA shares (after attempting by reasonable means to notify such holder prior to such sale), and apply, after deduction for its reasonable expenses incurred in connection therewith, the net proceeds of any such sale in payment of 
 such tax or other governmental charge, the holder of such BBVA shares remaining liable for any deficiency.                                                                                                                                                |

Exercise of Spanish Bail-inPower and Other Resolution Tools BBVA shares (including those represented by BBVA ADSs) may be subject to the exercise of the Spanish Bail-inPower (as defined in the 2024 Form 20-F)by the Relevant Spanish Resolution Authority (as defined in the 2024 Form 20-F),which may include and result in any of the following, or some combination thereof, among others: (i) the cancellation of such securities; (ii) the transfer of such securities to creditors of BBVA; (iii) the conversion of other securities or obligations of BBVA into BBVA shares thereby diluting the shareholding of the holders of BBVA shares; and (iv) the variation of the terms of such securities or the rights of the holders thereunder, including to give effect to the exercise of the Spanish Bail-inPower by the Relevant Spanish Resolution Authority. See “Item 3. Key Information—Risk Factors—Regulatory, Tax, Compliance and Reporting Risks—The Group is subject to a comprehensive regulatory and supervisory framework, including resolution regulations, which could have a material adverse effect on its business, financial condition and results of operations” and “Item 4. Information on the Company—Business Overview—Supervision and Regulation—Capital Requirements, MREL and Resolution” in the 2024 Form 20-F. Non-Voting,Redeemable and Privileged Shares BBVA’s bylaws authorize BBVA to issue ordinary, non-voting,redeemable and privileged shares. As of the date of this offer to exchange/prospectus, BBVA has no non-voting,redeem