Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 735

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 735
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1 after 
 obtaining the necessary authorisations.                                                                                                                                                                                                              |

The agreement included the sale of 100% of the share capital of BanSabadell Renting, S.L.U. for 59 million euros, adjusted by the change in the company’s equity between the reference date used for ALD Automotive Group’s offer (i.e. 30 September 2020) and the closing date of the transaction. The transaction added 10 basis points to the Group’s fully-loaded Common Equity Tier 1 (CET1) ratio. The Group earned 41,907 thousand euros in profit on this transaction, which was recognised under the “Profit or (-) loss from non-currentassets and disposal groups classified as held for sale not qualifying as discontinued operations” heading of the consolidated income statement (see Note 37).

| – | On 5 October 2021, Banco Sabadell sold its entire stake held in Banc Sabadell d’Andorra, S.A., which                                                                                                                                          
 represented 50.97% of its share capital (51.61% including the proportional part of treasury stock) to Mora Banc Grup, S.A. for 68 million euros. The transaction added 7 basis points to the Group’s fully-loaded Common Equity Tier 1 (CET1) 
 ratio. The Group earned 11,725 thousand euros in profit on this transaction, which was recognised under the “Profit or (-) loss from non-current assets and disposal groups classified as held for                                            
 sale not qualifying as discontinued operations” heading of the consolidated income statement (see Note 37).                                                                                                                                   |

With the exception of the transactions described above, there were no significant changes to the scope of consolidation in 2021. A-603

Other significant transactions in 2022 The Group made no other significant transactions worth mentioning in 2022. Nevertheless, on 22 September 2022, the Bank announced that it was in the process of analysing a possible strategic agreement with an industrial partner specialising in its merchant acquiring business. This process of analysis currently underway aims to reinforce the competitive advantage and expand its value proposition in this area. Other significant transactions in 2021 On 4 June 2021, having obtained the relevant authorisations and having met all the conditions that needed to be met prior to closing the transaction, set out in the agreement reached by the parties on 28 March 2020, Banco Sabadell sold its institutional depositary business to BNP Paribas Securities Services S.C.A., Sucursal