Company: BBVXF
Filing Date: 2025-07-31
Form Type: F-3ASR
Source: 0001193125-25-170429
Chunk: 118

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: F-3ASR
Chunk 118
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ee following their surrender for cancellation as provided under “—Purchases of Contingent Convertible Preferred Securities”) have been purchased by or on behalf of BBVA or any member of the BBVA Group, the contingent
convertible preferred securities of such series may be redeemed, in whole but not in part, at the option of BBVA at any time at the Redemption Price, subject to such redemption being in compliance with Applicable Banking Regulations then in force
and subject to the prior consent of the Regulator, if required pursuant to such regulations.

Redemption Procedures

The decision to redeem the contingent convertible preferred securities of a series must be irrevocably notified by BBVA to holders of the
contingent convertible preferred securities of such series upon not less than five nor more than 30 calendar days’ notice prior to the relevant redemption date (unless another period is specified in the contingent convertible preferred
securities to be redeemed) (i) at BBVA’s discretion, through the filing of a relevant information (información relevante) announcement with the CNMV and its publication in accordance with the rules and regulations of any
applicable stock exchange or other relevant authority and (ii) in the manner and to the extent required by the provisions described under “—Notices” below (in which case, such notice may be given at BBVA’s request by
the trustee in the name and at the expense of BBVA, provided BBVA has requested the trustee to so give notice in writing accompanied by a copy of the form of notice, and the trustee shall give such notice by the fifth Business Day following its
receipt of such request).

Failure to give notice in the manner herein provided to the holder of any contingent convertible preferred
securities designated for redemption, or any defect in the notice to any such holder, shall not affect the validity of the proceedings for the redemption of any other contingent convertible preferred securities.

Any notice of redemption given pursuant to (ii) above will state: the redemption date; the Redemption Price; that on the redemption date
the Redemption Price will, subject to the satisfaction of the conditions set forth in the

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contingent convertible preferred securities indenture become due and payable upon each contingent convertible preferred security being redeemed and that Distributions will cease to accrue on or
after that date; the place or places where the contingent convertible preferred securities are to be surrendered for payment of the Redemption Price; and the CUSIP, Common Code and/or ISIN number or numbers, if any, with respect to