Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 72

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 72
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 also reviewing the category of each candidate put forward for re-election.The Committee also analyzed the contribution that each candidate would make to the adequate composition of the Board of Directors, as well as to the proper operation and performance of functions of the corporate bodies. The Committee also analyzed the organizational changes affecting the Bank’s Senior Management, following a reflection process on what would be the best organizational and management structure for 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 Corporate Governance Report of BBVA .76.. the Bank to help promote and execute the strategic priorities, and which involved the appointment of a new member to the Senior Management team and the change in the positions of four of its current members, as described in the following section, being also informed about the processes of identifying, evaluating and selecting suitable candidates; and it issued its favorable report on the proposed changes, which were subsequently approved by the Board. Corporate governance With respect to the functions related to the Bank’s Corporate Governance System, the Committee worked in 2024 on the following matters: I. It analyzed the draft Annual Corporate Governance Report; II. It received information on the outcome of the corporate governance roadshow, at which meetings had been held with the Bank’s main institutional investors and advisors specializing in Corporate Governance, in application of the Policy on Contact and Relations with Shareholders and Investors; with the participation of a joint team from the General Secretariat, Investor Relations and Sustainability areas, as well as the Lead Director; III. It reviewed the Board’s Skills and Diversity Matrix and its individual and aggregate results following the updates made to the matrix; and IV. It verified that the circumstances set out in the BBVA Directors’ Remuneration Policy had not been met for the application of malus and clawback clauses due to the conduct of executive directors for the purposes of payment of variable remuneration accrued in previous years. 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 Corporate Governance Report of BBVA .77.. 6.6. Remuneration Committee In accordance with Article 34 of the Regulations of the Board of Directors, the Board has set up a Remuneration Compensation Committee, whose primary task is to support the Board of Directors on those remuneration matters that fall within its remit, particularly those related to the remuneration of directors, senior executives and those employees whose professional activities have a significant impact on the risk