Balance Sheet at 31 December 2010 of BBVA

ANNUAL CORPORATE GOVERNANCE REPORT FOR
LISTED COMPANIES
For a better understanding of this specimen report and completion hereof, it is necessary to read the
instructions on how to complete it included at the end of this report.
A
A.1.
OWNERSHIP STRUCTURE OF THE COMPANY
Complete the following table about the share capital of the Company:
Date of last change Share capital ( € ) Number of shares Number of voting
rights
29/11/2010 2,200,545,059.65 4,490,908,285 4,490,908,285
State whether there are different classes of shares with different rights attaching thereto:
No
A.2. Breakdown of direct and indirect holders of significant shareholdings in the Company as of the end of the
fiscal year, excluding directors:
Individual or corporate
name of shareholder
Number of direct voting
rights
Number of
indirect voting
rights (*)
% of total
Voting Rights
MANUEL JOVE
CAPELLAN
0 227,553,840 5.067
Name of indirect owner
of shareholder
Trough: Name of direct
owner of holding
Number of
indirect voting
rights (*)
% of total
Voting Rights
MANUEL JOVE
CAPELLAN
INVERAVANTE
INVERSIONES
UNIVERSALES, S.L.
227,553,840 5.067
Indicate the most significant changes in the shareholding structure that have occurred during the fiscal
year:
WARNING: The English version is only a translation of the original in Spanish for information purposes. In case of a discrepancy,
the Spanish original prevails.