Spain and France are facing unprecedented wildfire activity. The Burgohondo fire on the Ávila and Madrid border is the largest wildfire ever recorded in Spain, at more than 50,000 hectares. In France, a fire near Bordeaux burned more than 42,000 hectares by 27 July and forced the evacuation of the Cap Ferret peninsula. Over 32,900 buildings fall inside the fire footprints (13,744 in Spain, 19,179 in France), including 77 identified corporate asset locations. Agricultural exposure to date is relatively low, with only ~0.2% and less than ~0.05% of the EU’s total olive and maize production respectively, exposed to the fires.