Information regarding the VTO for B.Sabadell
Summary by AI BETAClose X
Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in compliance with the Securities Market legislation, hereby communicates the following:
OTHER RELEVANT INFORMATION
In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. ("Banco Sabadell") (the "Offer"), for which the prior announcement was published as inside information on May 9, 2024 and the request for authorisation was submitted to the Spanish Securities Market Commission (CNMV) on May 24, 2024, and accepted for processing on June 11, 2024, it is hereby stated that in accordance with the prior announcement of the Offer and as a consequence of the interim dividend against the 2025 financial year results in the gross amount of €0.07 per share paid by Banco Sabadell to its shareholders today, the consideration for the Offer must be adjusted with the ex dividend date (August 27, 2025).
Therefore, after applying the adjustment in the terms set forth in the prior announcement, the consideration offered by BBVA to the shareholders of Banco Sabadell under the Offer is adjusted to one (1) newly issued ordinary share of BBVA and €0.70 in cash for every five point five four eight three (5.5483) ordinary shares of Banco Sabadell.
This adjustment, as outlined in the prior announcement of May 9, 2024, is intended to maintain the economic terms of the Offer equivalent, following the dividend payments made by Banco Sabadell.
Madrid, August 29, 2025
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