Bankia S A : The rating DBRS Ratings GmbH affirms Bankia’s issuer rating.

OTHER RELEVANT INFORMATION

Pursuant to article 227 of the consolidated text of the Securities Market Act, approved by Legislative Royal Decree 4/2015 of 23 October 2015, it is hereby notified that the rating agency DBRS Ratings GmbH, has today affirmed Bankia's Long-Term Issuer Rating at "BBB (high)", outlook Stable. The Short-Term Issuer Rating is affirmed at "R-1 (low)", with a Stable outlook.

Additionally, the ratings have been confirmed as follows:

InscritaenelRegistroMercantildeValencia,Tomo9.341,Libro6.623,Folio104,Hoja:V-17.274.CIF:A-14010342

• - Long-Term Issuer Rating at "BBB (high)", outlook revised to Stable.

• - Short-Term Issuer Rating at "R-1 (low)", outlook Stable.

• - Long-Term Senior Debt at "BBB (high)", outlook revised to Stable.

• - Short-Term Debt at "R-1 (low)", outlook Stable.

• - Long-Term Deposits at "BBB (high)", outlook revised to Stable.

• - Short-Term Deposits at "R-1 (low)", outlook Stable.

• - Long-Term Critical Obligations Rating at "A", outlook revised to Stable.

• - Short-Term Critical Obligations Rating at "R-1 (low)", outlook revised to Stable.

• - Senior Non-Preferred at "BBB", outlook revised to Stable.

• - Subordinated Debt "BBB (low)", outlook revised to Stable.

• - Additional Tier 1 Instruments "BB (low)", outlook revised to Stable.

BANKIA, S.A.

Madrid, 2nd July 2020

This document is a translation of an original text in Spanish. In case of any discrepancy between the English and the Spanish version, the Spanish version will prevail.

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