Company: BBVXF
Filing Date: 2025-09-17
Form Type: 425
Source: 0001193125-25-205900
Chunk: 17

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-17
Form: 425
Chunk 17
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 be the trade negotiations. This realization or this conviction that we have, that it’s in the benefit of the US for Mexico to have a stable and growing economy. If that is really embraced by the US authorities, there will be positive dialogue on the tariff discussions, as you know, in USMCA. It has to be concluded in 2026. If that happens, the potential growth rate of Mexico is much more than 1.4 and 1.7. If that happens, our Mexican business is going to deliver much more than what we have in the plan. But the blue-skyscenario goes back to macro a bit, and that macro is going to deliver very good results for BBVA.

| [00:39:27 |     | - |     | 00:39:30] |

BofA:Amazing. Thank you very much. Thank you to you. Thanks everyone.

IMPORTANT INFORMATION FOR INVESTORS

In connection with the proposed transaction, Banco Bilbao Vizcaya Argentaria, S.A. has filed with the U.S. Securities and Exchange Commission
(the “SEC”) a Registration Statement on Form F-4 that includes an offer to exchange/prospectus (the “Registration Statement”). INVESTORS AND SECURITY HOLDERS ARE
URGED TO READ THE REGISTRATION STATEMENT, OFFER TO EXCHANGE/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT HAVE BEEN OR WILL BE FILED WITH THE SEC REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION. All such documents filed with the SEC are or will be available free of charge at the SEC’s website at.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This document is not an offer of securities for sale into the
United States or elsewhere. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or an exemption therefrom.

Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the federal securities laws with respect to the proposed
transaction, including the anticipated timing of the transaction and statements regarding the consequences of the transaction. These forward-looking