Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 131

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 131
---
 other than a Saturday, Sunday or a public holiday in Spain and shall consist of the time period from 12:01 a.m. through 12:00 (midnight) Central European Time; “Spanish stock exchange business day” means any day other than a Saturday, Sunday or other day on 99

which the Spanish Stock Exchanges are closed; and “U.S. business day” means any day other than a Saturday, Sunday or federal holiday in the United States and shall consist of the time period from 12:01 a.m. through 12:00 (midnight) Eastern time. Non-Oppositionof the ECB Pursuant to the provisions of Law 10/2014, of June 26, on the regulation, supervision and solvency of credit institutions, and Royal Decree 84/2015, of February 13, implementing Law 10/2014, of June 26, on the regulation, supervision and solvency of credit institutions, the acquisition by BBVA of control of Banco Sabadell resulting from the exchange offer was subject to the duty of prior notification to the Bank of Spain and to the obtainment of the non-oppositionby the ECB. The ECB’s non-opposition was obtained on September 5, 2024. Conditions to Completion of the Exchange Offer In accordance with the provisions of articles 13 and 26 of the Spanish Takeover Regulation, completion of the exchange offer is subject to the fulfillment of the following conditions:

| i. | In accordance with the provisions of article 13.2.b) of the Spanish Takeover Regulation, the acceptance of the                                                                                                                                          
 exchange offer by a number of shares of Banco Sabadell that permits BBVA to acquire at least more than half of the voting rights of the Banco Sabadell shares outstanding at the end of the acceptance period (thus, excluding any treasury shares held 
 by Banco Sabadell as of that time).                                                                                                                                                                                                                     |

| iii. | In accordance with the provisions of article 26.1 of the Spanish Takeover Regulation, the express or tacit 
 authorization of the economic concentration resulting from completion of the exchange offer by the CNMC.   |

For the exchange offer to be completed, each of these conditions must have been satisfied or waived (to the extent permitted by law, including in accordance with any applicable timing limitations) as of the end of the acceptance period. See “The Exchange Offer—Extension, Termination and Amendment”. As of the date of this offer to exchange