Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 226

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 226
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 adjustments, related to the Risk Appetite Framework, which may imply the reduction, up to its entirety, of the deferred part whose consolidation and payment corresponds in each year, in the event that certain capital and liquidity thresholds are not reached. |     |                              |     |                         |     |                        |     |          |                       |     |        |                   |     |        |                     |     |       |                        |     |        |                                           |     |        |              |     |   |       |     |     |

| PILLAR 3 2024 |     | 6. INFORMATION ON THE CORPORATE GOVERNANCE SYSTEM |     | P.241 |

6. Information on the Corporate Governance System

| 6.1.Members of the Board of Directors of BBVA   |     | 243 |
| 6.2.Selection, suitability and diversity policy |     | 247 |
| 6.3.Committees of the Board of Directors        |     | 249 |
| 6.4.Information flow on risk                    |     | 251 |

| PILLAR 3 2024 |     | 6. INFORMATION ON THE CORPORATE GOVERNANCE SYSTEM |     | P.242 |

BBVA has a solid and effective corporate governance system, which is constantly evolving to adapt to the Bank’s strategy and to its particular circumstances and needs, in line with the Corporate Culture and Values that define BBVA’s identity.

This system is geared toward promoting BBVA’s objectives and long-term interests and has taken shape on the basis of the following pillars:

1. An appropriate composition of the corporate bodies

2. A clear distribution of functions and interaction among them and with senior management

3. A sound decision-making process and a robust informational model

4. A comprehensive monitoring, oversight and control system

5. A parent-subsidiary relationship model that allows for a coherent and well-integrated internal governance at Group level.

The information regarding Entity’s corporate governance of this Report is complemented by the 2024 Annual Corporate Governance Report which forms part of the Management Report by reference, and which has been submitted by the Board to the General Shareholders’ Meeting to be held on March 21 , 2025 , as well as the BBVA Board of Directors selection, suitability and diversity policy; which are all of them available on the BBVA corporate website (www.bbva.com), in the “Shareholders and Investors” – “Corporate Governance and Remuneration Policy” section.

| PILL