Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 321

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 321
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 matters are in line with the UN Guiding Principles on Business and Human Rights and the ILO Declaration on Fundamental Principles and Rights at Work or the OECD Guidelines for Multinational Enterprises.

For each of the 28 issues, an assessment was made of:

– Inherent risk: based on the severity of the impact and frequency of occurrence of each issue.

– Residual risk: assessing the mitigating aspects available to BBVA to manage each issue. In this identification and evaluation phase, potential negative impacts on stakeholders, such as employees (with a focus on women), suppliers or subcontractors, customers, as well as the indigenous population and local communities, were taken into account.

In 2024, BBVA continued to track the degree of progress toward the 2021–2023 Human Rights Action Plan.

#### Complaints mechanisms

#### 36
BBVA has a Whistleblower Channel whereby any stakeholder can report, confidentially and anonymously if they prefer, any behavior which, in their view, may be directly or indirectly related to human rights. In 2024, the complaints received through this channel showed no evidence of human rights abuses attributable to Group entities.

36 A complaints mechanism is a formalized way established or facilitated by the company, whereby individuals or groups may raise their concerns with respect to any impact of the company on their lives, including the consequences for human rights.

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE RISKS |     | P.318 |

7.4. Governance risk

Making counterparty governance performance part of governance risk

Article 449 bis CRR – Table (3) a), b), c)

Governance risks in relation to our counterparties include the various types of controversies they may face, including, but not limited to, the following:

i. Ethical considerations, such as integrity of conduct, values and ethics, anti-bribery and anti- corruption measures, accountability and compliance with the rule of law and regulatory framework.

ii. Assessment of the strategy and risk management through strategy implementation, operational execution and monitoring, internal controls and risks management, policies and procedures.

iii. The consideration of diversity and inclusion, by looking at the gender gap, pay gap, and representation of people from minority groups in management positions.

iv. Efforts to become more transparent in reporting information on discrimination, tax commitments and payments, and in disclosing lobbying activities.

v. In relation to the management