Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 15

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 15
---
,645 0% 763 227,645 458 136,587 153 45,529 153 45,529 CEO 685 204,288 0% 685 204,288 411 122,572 137 40,858 137 40,858 This English version is a translation of the original in Spanish for information purposes only. In case of discrepancy the original in Spanish shall prevail.

Annual Report on the Remuneration of BBVA Directors 14 A.4 Overview of total remuneration accrued2 by executive directors in 2024 In accordance with the foregoing, the individual remuneration accrued for all items by the executive directors in 2024 is as follows: (€thousand and shares) (1) Healthcare insurance premiums and non-chargeable tax payments on account made by the employer regarding this insurance and the insurances providing coverage for death and disability contingencies. (2) Agreed annual contribution to cover the retirement contingency of the Chair (€439 thousand), plus the upward adjustment recorded in 2024 to the “discretionary pension benefits” of €17 thousand, in accordance with the result of the 2023 STI (see section 3.2.A.c). (3) Vehicle rental and ADSL allowances for the Chair and “Cash in lieu of pension” and mobility allowance for the Chief Executive Officer. (4) Upfront Portion of the 2024 AVR (37%) (which corresponds to the first payment of the 2024 STI) payable in 2025. (5) In 2025, the following Deferred AVR for prior years is due to the executive directors (see section 3.2.B.c): ? First payment of the 2023 Deferred AVR corresponding to the first payment of the 2023 Deferred STI (17.9% of the 2023 Deferred AVR, assuming the maximum achievement level scenario of the 2023 LTI: 150% of Target LTI). ? Second payment of the 2022 Deferred AVR (20% of the 2022 Deferred AVR). ? Third payment of the 2021 Deferred AVR (20% of the 2021 Deferred AVR). ? Third and final payment of the 2019 Deferred AVR (20% of the 2019 Deferred AVR). The cash amounts of the Deferred AVR from prior years included in the table include the update according to year-on-year CPI. Shown below is also the total remuneration accrued by each