BBVA Share Buyback Program - Third Tranche

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) announced its Board of Directors has approved a third tranche of its share buyback program. This initiative aims to reduce the company's share capital by canceling acquired shares. The maximum cash amount allocated for this tranche is EUR 1,460 million, with a maximum of 429,552,243 shares to be repurchased. The execution is set to begin on May 6, 2026, and will conclude no earlier than July 2, 2026, and no later than August 3, 2026, or upon reaching the maximum share or cash limit. Purchases will be conducted on various European trading platforms, managed by Citigroup Global Markets Europe AG. BBVA reserves the right to suspend or terminate the program under certain conditions.