Banco Bilbao Vizcaya Argentaria : 2Q16 Results Presentation

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Corporate ALCO / July 2016

2016 Second Quarter Results

July 29th 2016

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This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to changes and modifications.

This document contains or may contain forward looking statements (in the usual meaning and within the meaning of the US Private Securities Litigation Reform Act of 1995) regarding intentions, expectations or projections of BBVA or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or forecast in this document or in other past or future documents. BBVA does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or if such events lead to changes in the information contained in this document.

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2016 Second Quarter Results

July 29th 2016

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Simpler organization to gain efficiency and accelerate our transformation

• Business units closer to CEO

• Customer Solutions encompassing the areas that shape and deploy our value proposition to customers, both globally and locally

2016 Second Quarter Results

July 29th 2016

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Group Executive Chairman

CEO

Carlos Torres Vila

• Corporate & Investment Banking

  Juan Asúa

• Country Monitoring1 Jorge Sáenz-Azcúnaga

• Country Manager Spain Cristina de Parias

• Country Manager Mexico Eduardo Osuna

• Country Manager USA Manolo Sánchez

• Country Manager Turkey Fuat Erbil

  New Core Competencies

• Customer Solutions2 Derek White

• Talent & Culture Ricardo Forcano

• Engineering Ricardo Moreno

  Risk & Finance

• Finance

  Jaime Sáenz de Tejada

• Global Risk Management Rafael Salinas

  Strategy & Control

• Global Economics Regulation & Public Affairs José Manuel

  González-Páramo

• Legal & Compliance Eduardo Arbizu

• Strategy & M&A Javier Rodriguez Soler

• Global Accounting & Supervisory Relations Ricardo Gómez Barredo

• Communications Paul G. Tobin

• General Secretary Domingo Armengol

• Internal Audit

Jose Luis de los Santos

1. Reporting channel to CEO for Argentina, Colombia, Chile, Peru, Venezuela, Uruguay and Paraguay, as well as monitoring of all countries, including Spain, Mexico, Turkey and USA

2. Integrates Global Marketing & Digital Sales; Business Development in Spain, Mexico, Turkey, USA and South America; Distribution model; Insurance and Prevision; Asset Management & Global Wealth; Consumer Finance and New Digital Businesses.