Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 36

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 36
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 The exchange offer period may be extended as described below.                                                                                                                                    |

| Extensions | BBVA may extend the period of time in which the exchange offer is open one or more times in accordance with the provisions of article 23 of the Spanish Takeover Regulation, provided that such extension complies with U.S. securities laws,          
 and, provided further that the acceptance period does not exceed 70 calendar days and that any extension is communicated in advance to the CNMV. The extension of the acceptance period, if any, must be announced at least three calendar days before 
 the then-scheduled expiration date of the acceptance period, indicating the circumstances that motivate such extension. The CNMV may also extend the exchange offer acceptance period at its own discretion under the circumstances set forth in the   
 Spanish Takeover Regulation, including (i) following a supplement to the offering documents published (or that will be published) in Spain when the CNMV considers that the materiality of the information disclosed in such supplement makes the      
 extension of the exchange offer appropriate; or (ii) in other cases where the CNMV deems such extension necessary, through a justified resolution and to the extent legally possible.                                                                  |

| Conditions to Completion of the Exchange Offer | Completion of the exchange offer is subject to the conditions set forth in “The Exchange Offer—Conditions to Completion of the Exchange Offer” in this offer to exchange/prospectus beginning on page 100. |

| Procedure for Tendering | Holders of Banco Sabadell shares who wish to tender their Banco Sabadell shares into the exchange offer must submit their declaration of acceptance in writing to the Iberclear participant where their Banco Sabadell shares are deposited, either 
 in person, by electronic means or by any other means permitted by such Iberclear participant.                                                                                                                                                       |

| Withdrawal | Holders of Banco Sabadell shares may withdraw their declarations of acceptance at any time prior to the last day of the acceptance period by submitting their declaration of withdrawal in writing to the Iberclear participant where their Banco        
 Sabadell shares are deposited, either in person, by electronic means or by any other means permitted by such Iberclear participant. Pursuant to article 34 of the Spanish Takeover Regulation, any declaration of withdrawal subject to a condition will 
 be null and void.                                                                                                                                                                                                                                        |

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For more information on the procedure for tendering, the timing of the exchange offer, extensions of the exchange offer and your rights to withdraw your Banco Sabadell shares from the exchange offer prior to