Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 57

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 57
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-General of Insurance and Pension Funds in relation to the indirect acquisition of control of                                                                                                                                        
 Bansabadell Mediación, Operador de Banca-Seguros vinculado del Grupo Banco Sabadell, S.A., Spanish bank-assurance operator subsidiary of Banco Sabadell, in accordance with Royal Decree-law 3/2020, of                                             
 February 4, on urgent measures by which various directives of the European Union in the field of public procurement in certain sectors are incorporated into the Spanish legal system; private insurance; pension plans and funds; in the tax field 
 and tax litigation. On October 4, 2024, the Directorate-General of Insurance and Pension Funds confirmed its non-opposition to the indirect acquisition of control of Bansabadell Mediación, Operador de Banca-Seguros vinculado del Grupo          
 Banco Sabadell, S.A. by BBVA.                                                                                                                                                                                                                       |

| x. | The Central Bank of Morocco (Bank Al Maghrib) in relation to the indirect change of control of Banco 
 Sabadell’s branch in Casablanca (Morocco).                                                           |

| xi. | The FINRA in relation to the acquisition of indirect control of Sabadell Securities USA, Inc., U.S. broker-dealer subsidiary of Banco Sabadell. |

38

The relevant authorization or non-opposition from the competent regulatory supervisory bodies set forth in items (i) to (ix) and (xii) above were obtained on the respective dates indicated therein, and completion of the exchange offer is not conditioned upon obtaining the relevant authorization or non-opposition from the competent regulatory supervisory bodies set forth in items (x) and (xi) above. As a result, the exchange offer will be completed even if any of the regulatory supervisory bodies in items (x) and (xi) above does not authorize the exchange or authorizes the exchange offer subject to conditions or any such authorization has not been received by the expiration date. BBVA has notified or requested the corresponding authorizations or declarations of non-oppositionfrom the aforementioned competent regulatory supervisory bodies, other than the authorization from FINRA, as explained under “The Exchange Offer—Governmental and Regulatory Authorizations”. The exchange offer has also been notified to the European Commission pursuant to Regulation (EU) 2022/2560 of the European Parliament and of the Council of December 14, 2022, on foreign subsidies that distort the internal market. This authorization was obtained on November 26, 2024. BB