Company: BBVXF
Filing Date: 2025-09-08
Form Type: 425
Source: 0001193125-25-198316
Chunk: 32

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-08
Form: 425
Chunk 32
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 Offer. The agreement to execute the capital increase will be communicated to the CNMV immediately by means of communication of other relevant information and will be made public no later than two trading days following the adoption of the execution agreement. The public deed of the capital increase will be submitted for registration in the Commercial Registry of Bizkaia foreseeably on the same day of its execution and, in any case, no later than the following trading day.

| (iv) | Registration of BBVA’s newly issued shares with Iberclear and its participating entities |

Once the corresponding deed of capital increase has been executed and registered in the Commercial Registry of Bizkaia, a notarized testimony or authorized electronic copy of said deed will be submitted to Iberclear and to the Governing Companies of the Spanish Stock Exchanges, so that the newly issued shares of BBVA can be registered in the registries of Iberclear and its participating entities in the name of the respective acceptors of the Offer. Iberclear and its participating entities will proceed to register the newly issued BBVA shares as book entries in the corresponding accounting records in favor of the acceptors of the Offer, a registration that will be attempted as quickly as possible, and it is estimated that it will take place between the next trading day and a maximum of three trading days from the receipt of the attestation of the public deed of capital increase of BBVA duly registered in the Commercial Registry of Bizkaia. On the same day of their registration as book entries in Iberclear’s records, the newly issued BBVA shares will be deposited in the entities participating in Iberclear in which the accepting Banco Sabadell shareholders had previously deposited their Banco Sabadell shares with which they had participated in the Offer. Until the newly issued BBVA shares are registered under the ownership of the accepting shareholders, BBVA will provide each acceptor with a written request to BBVA after the settlement date of the Offer to BBVA to certify the subscription, although this certification will not constitute a negotiable security. 19

This is an unofficial English translation for information purposes only of the offer announcement’s official version in Spanish. The National Securities Market Commission (Comisión Nacional del Mercado de Valores) did not review this version. In the event of any discrepancies between this document and the corresponding Spanish version, the Spanish version shall prevail. The effective change of ownership in the registries of ownership of Iberclear in favor of BBVA of the shares of Banco Sabadell that have been the subject of acceptance