Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 64

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 64
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 directors (20%). The remaining 40% is deferred for payment, in equal parts, in 2026 and 2027. (2) This amount was updated by applying the CPI in 2023, in the amount of €12 thousand euros for the Chair and €9 thousand for the Chief Executive Officer; and in 2024 in the amount of €18 thousand for the Chair and €14 thousand for the Chief Executive Officer. (3) This amount will be updated by applying the CPI in the amount of €25 thousand for the Chair and €19 thousand for the Chief Executive Officer. 2021 Deferred AVR (€thousand and shares) Executive directors Maximum amount 2021 DAVR Reduction (ex post adjustment) 2021 DAVR paid each year in 2023 and 2024 (1st and 2nd payments—20% of the DAVR each payment) 2021 DAVR payable in 2025 1 (3rd payment—20% of the DAVR) 2021 DAVR payable each year in 2026 and 2027 (4th and 5th payments—20% of the DAVR each year) Cash Shares Cash 2 Shares Cash 3 Shares Cash Shares Chair 1,018 286,625 0% 204 57,325 204 57,325 204 57,325 CEO 774 217,760 0% 155 43,552 155 43,552 155 43,552 There are no deferred amounts corresponding to the 2020 AVR. The executive directors waived its accrual in view of the exceptional circumstances that arose from the COVID-19 crisis. 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 Report on the Remuneration of BBVA Directors 54 2019 Deferred AVR A portion of 60% of the 2019 Annual Variable Remuneration of the Chair and the Chief Executive Officer was deferred over a period of five years (the “2019 Deferred AVR” or the “2019 DAVR”), being payable after the third year of deferral, in an equivalent amount to 60% after that third year, 20% after the fourth year of deferral and the remaining 20% after the fifth year of deferral. In accordance with the applicable remuneration policy, the 2019 Deferred AVR was subject to