Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 44

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 44
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2,286 CEO Onur Genç 1,710 The amount of the STI, in accordance with the corresponding scales of achievement, may range from 0% to 150% of the Target STI. Therefore, the maximum STI pay opportunity for each executive director is limited to 1.5 times their Target STI. 5 In addition, other supplementary incentive schemes may be established, depending on the nature of the business and/or market practices, such as in the case of Retail Banking, Wholesale Banking or Investment Banking businesses, etc. 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 38 The Annual Indicators for the calculation of the 2024 STI of the executive directors are as follows: In order to monitor the level of progress toward the strategic priorities, a set of strategic metrics or indicators have been defined, both financial and non-financial, which are integrated into the Group’s various management processes, such as the planning and budgeting process, in the prioritization of resources and investments, and which are also used for the purposes of the variable remuneration system. Therefore, the indicators used to calculate the Short-Term Incentive are linked to the Bank’s strategic priorities. In this way, the indicators are aligned with the Group’s most relevant management metrics and are commensurate with the duties performed by the executive directors. In particular, they relate to capacity to generate profits, efficiency, return on capital, and the current and future risks implicit in the results, the degree of customer satisfaction, growth in customers and the channeling of sustainable business. ANNUAL INDICATORS – 2024 STI Net attributable profi t The net attributable profi t (loss) is the net attributable profi t (loss) of the Group’s consolidated income statement from continued operations and profi t after tax from discontinued operations. For remuneration purposes, the profi t (loss) is calculated excluding the Group’s non-recurring results’ amounts from the net attributable profi t (loss) of the Group’s consolidated income statement. RORC The RORC (return on regulatory capital) ratio measures the return in relation to the regulatory capital required to meet the target CET1 fully-loaded ratio. Its calculation formula is as follows: ??? ???????????? ?????? ?????? ?????????? ??????? ?? ??? ????? Explanation of the formula: the numerator is