Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 204

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 204
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 subsequently by article 1 and article 62 of Royal Decree-Law20/2022, of December 27), effective November 19, 2020 and until December 31, 2024 (a proposed further extension until December 31, 2026, as set forth in article 1 of Royal Decree-Law 9/2024, of December 23, has not yet been approved by the Spanish Congress), the following persons will also be deemed to be foreign investors, provided they invest in listed companies or the investment value exceeds €500 million for investments in private – non-listed– companies:

| • |     | EU and European Free Trade Association (“EFTA”) residents in countries other than Spain; and |

| • |     | Spanish residents beneficially owned by EU or EFTA residents in countries other than Spain, that is, those in                                                                                   
 which an EU or EFTA resident other than in Spain ultimately owns or controls more than 25% of the share capital or voting rights of, or otherwise exercises control over, the Spanish resident. |

Foreign direct investments (“FDI”) are:

| • |     | investments that result in a foreign investor reaching a stake of at least 10% of the share capital of a Spanish 
 company; and                                                                                                     |

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| • |     | any corporate transaction, business action or legal transaction which confers control of a Spanish company. |

Not all foreign direct investments are subject to the Screening Mechanism. Investors are subject to the Screening Mechanism only if they qualify as FDI and the investment is made in one of the critical sectors mentioned in article 7 bis of Law 19/2003, is made pursuant to what is foreseen in Sole Transitional Provision of Royal Decree-Law34/2020, of November 17, or-onlywhere the investor is a Non-UEor non-EFTA investor-byinvestors that meet certain subjective criteria regardless of the business of the target. Foreign direct investments by the following “foreign investors” are also subject to the Screening Mechanism, regardless of the business of the target:

| • |     | Investors directly or indirectly controlled by the government, including state bodies or armed forces, of a non-EU/EFTA country. |

| • |     | Investors that have already made an investment affecting national security, public order or public health in 
 another EU member state, including an investment in any of the abovementioned sectors.                       |

| • |     | Investors subject to ongoing judicial