Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 54

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 54
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 set. The Group’s achievement for these indicators is calculated as the weighted average over the net margin of the level of achievement obtained by the countries. (2) The result of the “2025 Target” announced by the Bank for channeling sustainable business differs from the result for incentive purposes, as the latter does not take into account the activity of the BBVA Microfinance Foundation. 2024 Long-Term Incentive 2024 STI Annual Indicators – 2024 Result Target Level of achievement Net attributable profi t €10,054 M €8,957 M 150% RORC 20.98% 19.34% 142% Effi ciency ratio 40.00% 41.13% 118% Net Promoter Score (NPS) 1 102 100 102% Target customers 1 97 100 97% Channeling of sustainable business 2 €92,737 M €76,349 M 136% Final level of achievement 126% 2024 STI RESULT (€thousand) Chair Carlos Torres Vila 2,871 CEO Onur Genç 2,147 2024 LTI SCENARIOS (€thousand) Chair CEO Level of achievement of Long-Term Indicators’ targets LTI LTI 0% 0 0 100% (Target LTI) 1,286 962 150% (maximum opportunity if all indicators reach their maximum level) 1,929 1,443 The LTI can only vest at its maximum theoretical amount in the event that the result obtained for all the Long-Term Indicators, measured at 2027 year-end, reaches a degree of achievement of 150%, which would represent an over-achievement of the targets. 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 47 Vesting and payment rules applicable to the 2024 AVR In accordance with the rules described in section 2.2.1., once the amount of the Annual Variable Remuneration corresponding to 2024 (comprised by the STI and the LTI) has been determined, the Upfront Portion, which is exclusively composed by a portion of the STI, will vest and be paid in the first quarter of 2025, 50% in cash and 50% in BBVA shares.