Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 266

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 266
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visions regarding directors are generally contained in BBVA’s bylaws. In addition, BBVA’s board of directors’ regulations
govern the internal procedures and operation of BBVA’s board of directors and its committees and directors’ rights and duties.

BBVA’s board of directors’ regulations prohibit a director from deliberating or voting on resolutions or decisions in which he or
she or a related party may have a direct or indirect conflict of interest (unless such decisions are related to the appointment or removal of positions on the management body). BBVA’s board of directors’ regulations require that
directors resign from their position upon reaching 75 years of age by submitting their resignation at the first meeting of the board of directors to be held after the general shareholders’ meeting approving the accounts for the financial year
in which they reach said age. Directors are not required to hold BBVA shares in order to be appointed as such.

Information about
directors’ compensation, including remuneration in shares, is included under “Item 6. Directors, Senior Management and Employees—Compensation” in the 2024 Form 20-F.

185

COMPARISON OF RIGHTS OF HOLDERS OF BBVA SHARES AND BANCO SABADELL SHARES BBVA is a public limited company organized under the laws of Spain and is governed by the Spanish Corporation Law. As BBVA is a company organized under the laws of Spain, the rights of holders of BBVA shares are governed by Spanish law and by BBVA’s bylaws ( estatutos). See “Description of BBVA Shares” in this offer to exchange/prospectus for more information about the BBVA shares. Similarly, Banco Sabadell is a public limited company organized under the laws of Spain and is governed by the Spanish Corporation Law. As Banco Sabadell is a company organized under the laws of Spain, the rights of holders of Banco Sabadell shares are governed by Spanish law and by Banco Sabadell’s bylaws ( estatutos). Set forth below is a discussion of the material differences between the rights of holders of BBVA shares and the rights of holders of Banco Sabadell shares as of the date of this offer to exchange/prospectus. The following discussion is qualified in its entirety by reference to the Spanish Corporation Law, the Spanish Securities Market Law, the bylaws of BBVA and the bylaws of Banco Sabadell. The information relating to Banco Sabadell included below summarizes certain provisions of the Banco Sabadell bylaws publicly available on Banco Sabad