Company: BBVXF
Filing Date: 2025-09-08
Form Type: 425
Source: 0001193125-25-198316
Chunk: 26

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-08
Form: 425
Chunk 26
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 and the communications relating to the Offer issued through Iberclear (in particular, processing, approving and confirming the data corresponding to the declarations of acceptance with respect to the deadlines, files and ways of
acting set out in said Operational Instruction and communications).

The recipients of the Offer may accept it for all or part of the Banco Sabadell
shares they hold, from the first day of the acceptance period until the last day of said period, both inclusive. Any declaration of acceptance must include at least one share of Banco Sabadell.

The shares of Banco Sabadell in respect of which the Offer is accepted shall include all the economic and political rights, whatever their nature, that
are inherent therein. Such Banco Sabadell shares must be transferred in favor of BBVA (i) with all the economic and political rights that correspond to them, (ii) free of charges, encumbrances and rights in favor of third parties that
limit their economic and political rights or their free transferability, and (iii) by a person entitled to transfer them according to the entries in the corresponding accounting register, so that BBVA acquires unclaimable ownership of the
shares in accordance with the provisions of Article 11 of the Securities Market Law.

In accordance with the provisions of Article 34.2 of Royal
Decree 1066/2007, during the acceptance period of the Offer, depositary institutions that receive the declarations of acceptance of the Offer from their recipients, either directly or through the Governing Companies of the Spanish Stock Exchanges,
as they have been listed by BBVA as a member of the market and in its capacity as an agent entity, will send all these declarations of acceptance submitted and not revoked daily to BBVA and the Governing Companies of the Spanish Stock Exchanges.

Depositary institutions, including BBVA as a member of the market and a participating entity of Iberclear acting in its capacity as an agent
entity, which have communicated joint declarations of acceptance from recipients of the Offer that subsequently revoke their acceptances, must file new joint declarations that modify and replace the previous ones.

Declarations of acceptance of the Offer sent by its recipients after the last day of the acceptance period will not be valid and will therefore be
rejected and will not be taken into account as acceptances or therefore in the result of the Offer.

The communications of the declarations of
acceptance must be made by the entities participating in Iberclear to BBVA, whose details for the purposes of communicating said declarations of acceptance are