Company: BBVXF
Filing Date: 2025-07-31
Form Type: F-3ASR
Source: 0001193125-25-170429
Chunk: 79

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: F-3ASR
Chunk 79
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| • |     | change the place of payment or currency in which the payment of principal, any premium, interest or any 
 additional amounts is payable;                                                                          |

| • |     | impair the right to take legal action to enforce the payment when due of principal, any premium, interest or any 
 additional amounts with respect to the notes;                                                                    |

| • |     | reduce the percentage in principal amount of outstanding notes of a series the consent of whose holders is                                                       
 required for any supplemental indenture or to waive compliance with, or defaults under, the relevant indenture or reduce the requirement for a quorum or voting; |

| • |     | in the case of a series of subordinated notes, modify any of the provisions of the subordinated indenture                             
 relating to the subordination of the outstanding subordinated notes in a manner adverse to holders of outstanding subordinated notes; |

| • |     | modify the provisions of the relevant indenture that govern modification thereof with the consent of holders or                                                                                                                                        
 give waivers of past defaults, and the consequences of such defaults, except to increase the percentage of outstanding notes of such series the consent of whose holders is required to modify and amend such indenture or to give any such waiver and 
 except to provide that additional provisions of such indenture cannot be modified or waived without the consent of each holder of notes affected thereby; or                                                                                           |

| • |     | change in any manner adverse to the interests of the holders of outstanding notes the terms and conditions of the                                 
 obligations of BBVA in respect of the due and punctual payment of principal, premium or interest (including additional amounts), if any, thereon; |

except in each case with respect to any modification or amendment of the relevant indenture or the notes of such series which is entered into pursuant to, and in accordance with, the provisions described above under “ —Modification of the Indentures without Consent of Holders” (in which each such case neither the consent nor the affirmative vote of any holder of any note affected will be required). 54

Subject to the payment of certain amounts due to the relevant trustee, the holders of not
less than a majority in aggregate principal amount of the outstanding notes of any series may, on behalf of the holders of all the notes of such series, by Act, waive any past default under the relevant indenture (with respect to such notes) and
such notes and its consequences, except a default in the payment of the principal of or any premium, or interest on