Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 193

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 193
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 as custody or trading. The integration of these services, however, adds operational complexity, requiring the development of specialized infrastructure and robust risk management frameworks to ensure alignment with existing operations. Additionally, BBVA’s position as a forward-looking and innovative financial institution is reinforced by its crypto-asset capabilities, enhancing its competitiveness in a rapidly evolving market environment.

In March 2025, BBVA, S.A. has received the green light from the National Securities Market Commission (CNMV) to provide custody and execution services for cryptoassets trading orders in Spain. After completing this formality, the Bank is preparing to launch its offering for its retail customers, which will initially be available with bitcoin and ether.

| PILLAR 3 2024 |     | 5. INFORMATION ON REMUNERATION |     | P.216 |

5. Information on remuneration

| 5.1.Information on the decision-making process used to establish remuneration policy for the Identified Staff                      |     | 218 |
| 5.2.Description of the different types of employees included in the Identified Staff                                               |     | 222 |
| 5.3.Key features of the remuneration system                                                                                        |     | 223 |
| 5.4.Information on the connection between the remuneration of the Identified Staff and the results of the Group's performance      |     | 230 |
| 5.5.Description of the criteria used to take present and future risk into consideration in the remuneration processes              |     | 232 |
| 5.6.Main parameters and the motivation of any component of possible variable compensation plans and other non-pecuniary advantages |     | 233 |
| 5.7.Ratios between fixed and variable remuneration of the Identified Staff                                                         |     | 233 |
| 5.8.Quantitative information on remuneration of the Identified Staff                                                               |     | 235 |

| PILLAR 3 2024 |     | 5. INFORMATION ON REMUNERATION |     | P.217 |

In accordance with the provisions of article 85 of Act 10/2014 of June 26, on the regulation, supervision and solvency of credit institutions ("Act 10/2014") and article 93 of Royal Decree 84/2015 of February 13, implementing said Act ("Royal Decree 84/2015"), and pursuant to the provisions of the Bank of Spain Circular 2/2016 of February