Bankia S A : The rating agency DBRS Morningstar places Bankia’s “BBB (high)” Long-Term Issuer Rating Under Review with Positive Implications and affirms “R-1 (low)” Bankia’s Short-Term Issuer Rating, with a Stable Trend.

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 DBRS Morningstar has today placed Bankia's "BBB (high)" Long-TermIssuer Rating Under Review with Positive Implications.

Bankia's "R-1 (low)" Short-Term ratings have been confirmed, with a Stable Trend.

Additionally, the ratings are as follows:

• Long-TermIssuer Rating: "BBB (high)", Under Review Positive.
• Short-TermIssuer Rating: confirmed at "R-1 (low)", Stable Trend.
• Long-TermSenior Debt: "BBB (high)", Under Review Positive.
• Short-TermDebt: confirmed at "R-1 (low)", Stable Trend.
• Long-TermDeposits: "BBB (high)", Under Review Positive.
• Short-TermDeposits: confirmed at "R-1 (low)", Stable Trend.
• Long-TermCritical Obligations: "A", Under Review Positive.
• Short-TermCritical Obligations: "R-1 (low)", Under Review Positive.
• Senior Non-Preferred: "BBB", Under Review Positive.
• Subordinated Debt: "BBB (low)", Under Review Positive.
• Additional Tier 1 Instruments: "BB (low)", Under Review Positive.

Madrid, 24th 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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