Redemption of Mortgage Covered Bonds

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

OTHER RELEVANT INFORMATION

BBVA communicates that it will proceed to the early total redemption of the issue of mortgage covered bonds named "Cédulas Hipotecarias - October 2020" with ISIN code ES0413211A18 (the "Mortgage Covered Bonds"). All of the Mortgage Covered Bonds are held by BBVA. This redemption will take place, with a value date, on 29 April 2025.

The Admission Prospectus of the issue of the Mortgage Covered Bonds was registered in the Official Registries of the National Securities Market Commission 20 October 2020 (official registry no. 123096), with the following basic characteristics:

Issue amount: 2,000,000,000 euros

Number of securities issued: 20,000

Unit par value: 100,000 euros

Issue date: 15 October 2020

Listing: AIAF, Fixed Income Market

(AIAF, Mercado de Renta Fija).

Redemption price: 100% per unit par value

Amount of interest to be paid on the

redemption date: 1,901,698.6 euros

It is also noted that all the necessary communications have been made to the corresponding agencies.

Madrid, 23 April 2025