Dividend Option Calendar October 2016

Description

BBVA hereby communicates information relating to the capital increase to be charged to voluntary reserves resolved by the Annual General Meeting of BBVA Shareholders held on 11th March 2016, under agenda item three, section 3.2,
by which a shareholder remuneration system called “Dividend Option” is to be instrumented. Accompanying this relevant information notice is an information note related to the referred capital increase.

Calendar

30th September 2016 (23:59 Madrid (Spain) time): Last trading date for allocation of rights of free allocation.

3rd October 2016: Rights of free allocation trading period begins in Spain.

13th October 2016: Deadline for requesting payment in cash (sale of rights of free allocation to BBVA).

17th October 2016: Rights of free allocation trading period ends.

19th October 2016: Payment date to shareholders who have requested payment in cash (sale of rights of free allocation to BBVA).