Statement by Unicaja Banco

The Board of Directors of Unicaja Banco, S.A., in a framework of full and loyal collaboration, has unanimously agreed the termination of office as CEO (Consejero Delegado) of Mr. Manuel Menéndez Menéndez, with effect when the appointment as director of the person designated to succeed him in that position becomes effective, moment at which the resignation of Mr. Manuel Menéndez Menéndez as member of the Board of Directors will also become effective. This decision allows the Institution to immediately start the selection and subsequent designation of the new CEO and to advance in the definition of its new governance model after the transitional period foreseen in the merger agreements with Liberbank, S.A., ensuring the stability and full functionality of the management until the designation as director of the successor of Mr. Menéndez Menéndez. The Board of Directors has thanked Mr. Manuel Menéndez Menéndez for his dedication and services rendered to the Institution, as well as for his collaboration and availability to facilitate the advance in the definition and execution of the new governance model of Unicaja Banco.