Fitch has upgraded BBVAs rating

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:

OTHER RELEVANT INFORMATION

Today October 7th, 2025, Fitch Ratings (Fitch) has upgraded by one notch BBVA's long-term senior preferred debt rating to A from A-. The outlook changed to stable from Rating Watch Positive.

Fitch has also taken the following actions over other BBVA's ratings:

● Upgraded by one notch long-term issuer default rating to A- from BBB+ and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch short-term issuer default rating to F1 from F2 and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch Derivative Counterparty Rating to A(dcr) from A-(dcr) and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch long-term deposits rating to A from A- and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch short-term deposits rating to F1 from F2 and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch short-term senior preferred debt rating to F1 from F2 and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch long-term senior non-preferred debt rating to A- from BBB+ and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch long-term subordinated lower Tier 2 debt rating to BBB from BBB- and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch long-term subordinated upper Tier 2 debt rating to BBB- from BB+ and outlook changed to stable from Rating Watch Positive.

● Upgraded by one notch long-term AT1 debt rating to BB+ from BB and outlook changed to stable from Rating Watch Positive.

Madrid, October 7th 2025