Redemption of Public Sector 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 public sector covered bonds named "Cédulas Territoriales - September 2020" with ISIN code ES0413211A00 (the "Public Sector Covered Bonds"). All of the Public Sector 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 Public Sector Covered Bonds was registered in the Official Registries of the National Securities Market Commission on 15 September 2020 (official registry no. 123076), with the following basic characteristics:

Issue amount: 1,500,000,000 euros

Number of securities issued: 15,000

Unit par value: 100,000 euros

Issue date: 14 September 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: 5,192,958.9 euros

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

Madrid, 23 April 2025