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Banco Bilbao Vizcaya Argentaria S.A.

Capital/Financing Update Sep 16, 2025

1796_rns_2025-09-16_0b2a7ff1-1723-4618-bb91-56503160f26e.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 5600Z

Banco Bilbao Vizcaya Argentaria SA

16 September 2025

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

OTHER RELEVANT INFORMATION

Today September 16th, 2025, S&P Global Ratings (S&P) has upgraded by one notch BBVA's long-term issuer credit rating (ICR) to A+ from A. The outlook remains stable.

S&P has also taken the following actions over other BBVA's ratings:

●    Upgraded by one notch long-term resolution counterparty rating (RCR) to AA- from A+.

●    Upgraded by one notch short-term RCR to A-1+ from A-1.

●    Affirmed short-term ICR rating at A-1.

●    Upgraded by one notch long-term senior unsecured debt issue rating to A+ from A.

●    Upgraded by one notch long-term senior subordinated debt issue rating to A- from BBB+.

●    Upgraded by one notch long-term subordinated debt issue rating to BBB+ from BBB.

Madrid, September 16th 2025

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