Balance Sheet at 31 December 2010 of BBVA

Description of the legal restrictions on the acquisition or transfer of shares in the company’s capital:
Compliant with the provisions of articles 56 and following in Act 26/1988, 9th July, on discipline and
oversight in financial institutions, amended by Act 5/2009, 29th June, which establishes that any
individual or corporation, acting alone or in concert with others, intending to directly or indirectly acquire
a significant holding in a Spanish financial institution (as defined in article 56 of the aforementioned Act
26/1998) or to directly or indirectly increase their holding in one in such a way that either the percentage
of voting rights or of capital owned were equal to or more than 20, 30 or 50%, or by virtue of the
acquisition, might take control over the financial institution, must first notify the Bank of Spain. The
Bank of Spain will have 60 working days after the date on which the notification was received, to
evaluate the transaction and, where applicable, challenge the proposed acquisition on the grounds
established by law.
A.11. Indicate whether the General Meeting has approved measures to neutralise a public takeover bid,
pursuant to Act 6/2007.:
NO
If applicable, describe the approved measures and the terms on which the restrictions will become ineffective.
B STRUCTURE OF THE COMPANY’S MANAGEMENT
B.1.
B.1.1.
Board of Directors
State the maximum and minimum number of Directors set forth in the By-Laws:
Maximum number of directors 15
Minimum number of directors 5
B.1.2.
Complete the following table identifying the members of the Board of Directors:
Individual or
corporate name of
director
FRANCISCO
GONZALEZ
RODRIGUEZ
ANGEL CANO
FERNANDEZ
CARLOS LORING
MARTINEZ DE
IRUJO
ENRIQUE MEDINA
FERNANDEZ
IGNACIO
FERRERO JORDI
Represent
ative
Position
CHAIRMAN &
CEO
PRESIDENT
COO
Date of first
appointment
Date of last
appointment
Election
procedure
28/01/2000 12/03/2010 VOTE AT
GENERAL
SHAREHOLDE
RS’ MEETING
29/09/2009 12/03/2010 VOTE AT
GENERAL
SHAREHOLDE
RS’ MEETING
DIRECTOR 28/02/2004 18/03/2006 VOTE AT
GENERAL
SHAREHOLDE
DIRECTOR
RS’ MEETING
28/01/2000 13/03/2009 VOTE AT
GENERAL
SHAREHOLDE
DIRECTOR
RS’ MEETING
28/01/2000 12/03/2010 VOTE AT
GENERAL
SHAREHOLDE
RS’ MEETING
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.