Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 186

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 186
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)(4)                                                                             |     |                                       |              -34 |   |     |     |          +26 |   |     |     |                |   |     |     |                   |   |
| Capital impact (50% Acceptance Scenario)                                             
 (bps)(5)                                                                             |     |                                       |              -49 |   |     |     |          -12 |   |     |     |                |   |     |     |                   |   |
| Capital impact (30% Acceptance Scenario, without control of Banco Sabadell) (bps)(6) |     |                                       |              +16 |   |     |     |          +37 |   |     |     |                |   |     |     |                   |   |

| (1) | Calculated based on the assumptions and estimates described under “Unaudited Condensed Pro Forma                                                                                                                                 
 Financial Information—Assumptions and Estimates Used” and assuming completion of the exchange offer on June 30, 2025, under the Full Acquisition Scenario (as defined in “Unaudited Condensed Pro Forma Financial Information”). 
 TSB Sale figures are based solely on publicly-available information and do not reflect potential intercompany balances or eliminations, which would be required for an accurate assessment.                                      |

| (2) | Calculated based on the assumptions and estimates described under “Unaudited Condensed Pro Forma                                                                                                                   
 Financial Information—Assumptions and Estimates Used” and assuming completion of the exchange offer on January 1, 2024 under the Full Acquisition Scenario (as defined in “Unaudited Condensed Pro Forma Financial 
 Information”). Only reported earnings are considered; no capital gain realized upon completion of the TSB Sale is included.                                                                                        |

| (3) | Calculated assuming acceptance by holders of Banco Sabadell shares representing 100% of the share capital of                          
 Banco Sabadell. Percentages for the six months ended June 30, 2025 are calculated on the basis of annualized attributable net profit. |

| (4) | Calculated based on the assumptions and estimates described under “—Impact of the Acquisition of                                                                  
 Control of Banco Sabadell on the BBVA Group’s CET1 Ratio” and assuming completion of the exchange offer under the Full Acquisition Scenario (as defined therein). |

| (5) | Calculated based on the assumptions and estimates described under “—Impact of the Acquisition of                                                                
 Control of Banco Sabadell on the BBVA Group