Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 17

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 17
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 share tendered pursuant to the                                                                                                                                                                                                                                                                                                                                |

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| Q. | If I tender my Banco Sabadell shares into the exchange offer, what upcoming dividends of Banco Sabadell and 
 BBVA will I receive?                                                                                        |

| A. | If you tender, and do not withdraw, your Banco Sabadell shares into the exchange offer and the exchange offer                                                                                                                                             
 is completed, you will receive BBVA shares in exchange for your Banco Sabadell shares as described in this offer to exchange/prospectus. As a holder of BBVA shares you will be entitled to receive any dividends paid to BBVA shareholders following the 
 settlement of the exchange offer. BBVA’s current shareholder remuneration policy involves distributing between 40% and 50% of its consolidated net attributable profit annually, combining cash dividends and share buy-backs. BBVA is committed to       
 distributing capital in excess of what is required to maintain a 12% CET1 ratio (subject to any restrictions imposed by, and the approval of, relevant supervisory bodies and BBVA’s corporate bodies, as applicable).                                    |

If you tender, and do not withdraw, your Banco Sabadell shares into the exchange offer and the exchange offer is completed, you will no longer receive any dividends paid by Banco Sabadell that have an ex-dividenddate that occurs after the date of publication of the results of the exchange offer in the Official Quotation Bulletins. BBVA intends to review Banco Sabadell’s shareholder remuneration policy following completion of the exchange offer. BBVA does not have any specific plans with respect to Banco Sabadell’s shareholder remuneration policy, which will be determined by BBVA only after its review of such remuneration policy.

| Q. | How do I tender my Banco Sabadell shares in the exchange offer? |

| A. | Holders of Banco Sabadell shares who wish to tender their Banco Sabadell shares into the exchange offer must                                                                                        
 (i) submit their declaration of acceptance in writing to the Spanish clearing system (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U. (“Iberclear”)) 
 participant where their Banco Sabadell shares are deposited, either in person, by electronic means or by any                                                                                        |

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| other means permitted by such Iberclear participant, or (ii) submit their declaration of acceptance to BBVA, as agent bank, either in person at any BB