Bankia S A : The rating agency Fitch Ratings places Bankia´s Long-Term Issuer Default rating and Viability Rating on Rating Watch Positive.

Inscrita en el Registro Mercantil de Valencia, Tomo 9.341, Libro 6.623, Folio 104, Hoja: V-17.274. CIF: A-14010342

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 Fitch Ratings has today placed Bankia's "BBB" Long-Term Issuer Default Rating (IDR) and "bbb" Viability Rating on Rating Watch Positive. The Short-Term IDR has been affirmed at "F2".

As a result, Bankia's ratings are as follows:

• Long-termIDR: "BBB", Rating Watch Positive.
• Short-termIDR: affirmed at "F2".
• Long-termsenior preferred debt: "BBB", Rating Watch Positive.
• Short-termsenior preferred debt: affirmed at "F2".
• Long-termsenior non-preferred debt: "BBB-", Rating Watch Positive.
• Subordinated debt: "BB+", Rating Watch Positive.
• Viability Rating: "bbb", Rating Watch Positive.

Madrid, 29th September 2020

BANKIA, S.A.

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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