Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 148

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 148
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 provision of the Indenture so as to conform with the current provisions or any future provisions of the Trust Indenture Act; |

| · |     | to name a different trustee for the Preferred Securities and to provide for the appropriate changes related to such appointment for the Preferred Securities; |

| · |     | to delete, amend or supplement any provision contained in the Indenture or in any supplemental indenture as a result of, and to the extent required by, the 
 exercise of the Spanish Bail-in Power by the Relevant Spanish Resolution Authority;                                                                         |

| · |     | to delete, amend or supplement any provision contained in the Indenture or in any supplemental indenture as a result of, and to the extent required by, 
 Applicable Banking Regulations;                                                                                                                         |

| · |     | with respect to any Preferred Security (including a Global Preferred Security) issued on or after the date hereof, to amend any such Preferred Security to                                                                                            
 conform to the description of the terms of the Preferred Securities in the prospectus, this prospectus supplement, product supplement, pricing supplement or any other similar offering document related to the offering of the Preferred Securities; |

| · |     | to delete, amend or supplement any provision contained in the Indenture or in any supplemental indenture as a result of, and to the extent necessary to effect, 
 the substitution or modification of the Preferred Securities pursuant to “ —Substitution and Modification of the Preferred Securities” herein; or               |

| · |     | to change or modify any provision of the Indenture as necessary to ensure that the Preferred Securities shall be convertible into ordinary shares of Newco in 
 the event of a Newco Scheme (each as defined in the accompanying prospectus).                                                                                 |

Other modifications and amendments may be made to the Indenture and any applicable supplemental indenture with the consent of the holders of not less than a majority in aggregate Liquidation Preference of the outstanding Preferred Securities, voting as one class. However, no modifications or amendments may be made without the consent of the holder of the Preferred Securities affected that would:

| · |     | change the terms of the Preferred Securities to reduce the Liquidation Preference payable upon the redemption of, or the Distributions payable on the Preferred                                                                                           
 Securities (without prejudice to the provisions described in the accompanying prospectus and herein, including “Description of the Contingent Convertible Preferred Securities of BBVA—Payments—Distributions” in the                                     
 accompanying prospectus (as amended hereby)), or change the obligation