Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 216

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 216
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 of which is subject to ex ante adjustments and the amount of which is calculated on the basis of the fulfillment of certain objectives established for both the Annual and Long-Term Indicators, which serve, respectively, to calculate both incentives in accordance with the scales and weightings associated with each one of them. In this way, the amount of variable remuneration received by the members of the Identified Staff is directly linked to the results of the BBVA Group and varies according to them.

The amount of the Short-Term Incentive of the members of the Identified Staff, with the exception of the executive directors, also takes into account the degree of achievement of the strategic objectives (financial and non-financial) set annually at the Area level and those of each Individual. Accordingly, the Group, Area and Individual Annual Indicators used to calculate the Short-Term Incentive have a respective associated weighting (slotting), which, in each case, is established according to the degree to which the function is linked to the objectives of the Group, Area and the individual, respectively.

The level of achievement of the Group's financial and non-financial Annual Indicators for incentive purposes is detailed below:

| Table 89.Annual financial and non-financial indicators - Level of achievement |

|                                                                                                                                                                                                                                                   |     |      2024 |     |                |     |                |     |                     |     |      2023 |     |                |     |                |     |                     |
| Annual indicator                                                                                                                                                                                                                                  |     | Weight(1) |     |           Goal |     |      Result(2) |     | Level of attainment |     | Weight(1) |     |           Goal |     |      Result(2) |     | Level of attainment |
| FINANCIAL                                                                                                                                                                                                                                         |     |           |     |                |     |                |     |                     |     |           |     |                |     |                |     |                     |
| Attributed result                                                                                                                                                                                                                                 |     |       20% |     |  8,957 mill. € |     | 10,054 mill. € |     | 150%                |     |       20% |     |  7,124 mill. € |     |  8,019 mill. € |     | 138%                |
| RORC                                                                                                                                                                                                                                              |     |       20% |     |         19.34% |     |         20.98% |