Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 4

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 4
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. Discussion procedure for internal control weaknesses (F.5.2) 127 14.6. Additional control mechanisms (F.1.2) 128 15. Extent of compliance with corporate governance recommendations 131 ANNEX 1 Reconciliation with the CNMV template set out in Circular 5/2013 141 ANNEX 2 CNMV Statistical Appendix 148 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 Corporate Governance Report of BBVA . 5.. 1. Executive summary Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”, the “Company” or the “Bank”) is the parent company of a global financial group made up of legally independent companies engaged in the banking business and other activities directly or indirectly related to it (hereinafter, the “BBVA Group” or the “Group”). The BBVA Group has a broad international presence and franchises in various markets. It also has a leading position in the Spanish market, is the largest financial institution in Mexico and has leading franchises in Turkey and South America. BBVA has a Corporate Governance System defined by the Board of Directors and aimed at steering the Group toward the achievement of its Purpose and which constitutes a key lever for driving forward BBVA’s strategy. This System is based on a set of principles, aligned with the Group’s corporate culture and values, which seek to promote the long-term interests of BBVA and its various stakeholders. As an essential part of the BBVA’s Corporate Governance System, the corporate bodies play a key role as they are responsible for making the Group’s most important decisions, while also overseeing and controlling the management and the business. BBVA’s corporate bodies include, primarily, the General Shareholders’ Meeting, as the supreme body for deliberating and deciding on the most important matters to which all the Bank’s shareholders are called to exercise the powers assigned to it in the Bylaws, in its Regulations and in the applicable legislation. BBVA has a varied and diverse shareholder base, both in terms of geographical origin and type of shareholder. There is no controlling shareholder. All BBVA shares confer on their holders the same voting and dividend rights (following the principle of one share, one vote), thus upholding the principle of equal treatment. For the adoption of corporate resolutions by the General Shareholders’ Meeting, the majorities provided for in the Company’s Bylaws and, in the absence of any specific provision, those