BBVA Share Capital Reduction

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) announced the partial execution of a share capital reduction, as approved by the Ordinary General Shareholders' Meeting on March 21, 2025. The reduction involves the cancellation of 54,316,765 own shares, with a nominal value of 26,615,214.85 euros, previously acquired under a share repurchase program. Following this cancellation, BBVA's share capital is now set at 2,797,394,663 euros, represented by 5,708,968,700 shares. This reduction does not involve the return of contributions as the company held the shares as treasury stock. The adjustment is charged to unrestricted reserves and does not grant creditors the right of opposition. BBVA will also request the delisting of the redeemed shares from stock exchanges and their cancellation in IBERCLEAR's records. The company is reporting this information as required by securities market legislation.