Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 77

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 77
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consolidated pro forma income statement of the BBVA Group for the year ended December 31, 2024, which would result from the combination of the consolidated income statement of the Banco Sabadell Group and the consolidated income statement of
the BBVA Group for such year, in each case assuming that completion of the exchange offer under each of the Full Acquisition

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Scenario and the Minimum Acceptance Scenario and the related change of control of Banco Sabadell, had occurred, with respect to the pro forma income statement, as of January 1, 2024, and with respect to the pro forma consolidated balance sheet, as of December 31, 2024. Sources of Information The pro forma financial information reflects the business combination of the BBVA Group and the Banco Sabadell Group using, exclusively, publicly-available information of Banco Sabadell as of and for the year ended December 31, 2024 (principally the consolidated financial statements of Banco Sabadell as of and for the year ended December 31, 2024 which are included in Appendix I hereto). Banco Sabadell’s consolidated financial statements as of and for the year ended December 31, 2024 have not been audited under U.S. GAAS, and such financial statements are therefore not considered audited financial statements under SEC rules. Consequently, no audit report has been included herein on such consolidated financial statements. However, as a listed company in Spain, Banco Sabadell is subject to ongoing reporting requirements under CNMV rules, including that its annual financial statements be audited under prevailing legislation regulating the audit of accounts in Spain. The pro forma financial information has been prepared using the audited consolidated financial statements of BBVA as of and for the year ended December 31, 2024 included in the 2024 Form 20-Fincorporated by reference herein. Basis of Presentation The pro forma financial information has been prepared on the basis of the historical consolidated financial information of each of BBVA and Banco Sabadell, which has been prepared, in the case of BBVA, in compliance with IFRS-IASB and, in the case of Banco Sabadell, in accordance with IFRS-EU.See “Note on Banco Sabadell Information—Description of Certain Differences Between IFRS-EUand IFRS-IASB”. The pro forma financial information presented herein includes:

| • |     | Accompanying explanatory notes describing the sources of information, assumptions and estimates for