BBVA Announces Early Redemption of Subordinated Notes

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) announced its irrevocable decision to exercise the early redemption of its GBP 300 million issue of Subordinated Notes, with ISIN code XS2206805769. This issue qualifies as Tier 2 capital for the Bank and its Group. The early redemption will occur on July 15, 2026, which is the Optional Redemption Date. The redemption amount per note will be GBP 100,000, plus accrued and unpaid interest until the redemption date, amounting to GBP 3,104 per note. Payment will be made according to the terms and conditions of the issue. The announcement was made in Madrid on June 9, 2026.