Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 184

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 184
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 ] Explain [ ] Not applicable [ X ] 32 / 49

ANNUAL CORPORATE GOVERNANCE REPORT OF LISTED COMPANIES 11. In the event that the company plans to pay premiums for attendance at the general shareholders’ meeting, it should first establish a general, consistent policy regarding such premiums. Compliant [ ] Partially compliant [ ] Explain [ ] Not applicable [ X ] 12. The board of Directors should perform its functions with unity of purpose and independent judgement, according the same treatment to all similarly situated shareholders. It should be guided by the corporate interest, understood as the achievement of a profitable business that is sustainable in the long term and promotes the continuity thereof while maximising the economic value of the company. In furtherance of the corporate interest, it should not only abide by laws and regulations and conduct itself according to principles of good faith, ethics and respect for commonly accepted customs and good practices, but also strive to reconcile its own interests with the legitimate interests of its employees, suppliers, customers and other stakeholders that may be affected, as applicable, as well as with the impact of its activities on the broader community and the natural environment. Compliant [ X ] Partially compliant [ ] Explain [ ] 13. The board of Directors should have an optimal size to promote its efficient functioning and maximise participation. The recommended range is accordingly between five and fifteen members. Compliant [ X ] Explain [ ] 14. The board of Directors should approve a policy aimed at favouring an appropriate composition of the board of Directors and that: a) Is concrete and verifiable. b) Ensures that proposals for appointment or re-electionare based on a prior analysis of the needs of the board of Directors; and c) Favours a diversity of knowledge, experience, age and gender. To this end, measures that encourage the company to have a significant number of female senior managers are considered to favour gender diversity. The results of the prior analysis of the needs of the board of Directors should be contained in the supporting report from the appointments committee published upon the calling of the general shareholders’ meeting at which the ratification, appointment or re-electionof each Director is to be submitted. The appointments committee should verify compliance with this policy on an annual basis and set out its findings in the annual corporate governance report. Compliant [ X ] Partially compliant [ ] Explain [ ] 33 / 49

ANNUAL CORPORATE GOVERNANCE REPORT OF LISTED COMPANIES 15. Proprietary and independent Directors