Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 47

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 47
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1.22) The Bylaws and the Regulations of the Board of Directors do not establish any additional limitations on the term of office for independent directors beyond those set out in prevailing law and regulations. (C.1.23) As set forth in Article 12 of the Regulations of the Board of Directors, directors must also inform the Board of Directors of any circumstances that may affect them and harm the Company’s standing and reputation, and of any circumstances that may have an impact on their suitability to perform their role. Likewise, in addition to the situations and events provided for in applicable legislation, and as set out in Article 12 of the Regulations of the Board of Directors, directors must offer their resignation to the Board of Directors and accept the Board’s decision regarding their continuity in office. Should the Board decide against their continuity, they are required to tender their resignation, in the following circumstances: When they are affected by circumstances of incompatibility or prohibition as defined under legislation in force, in the Bylaws or in these Regulations; When significant changes occur in their personal or professional situation that may affect the status under which they were appointed to the Board; When they are in serious breach of their duties as director; When, for reasons attributable to the directors in their status as such, serious damage has been done to the Company’s equity, standing or reputation; When they are no longer suitable to hold the status of director at the Bank. (C.1.36) and (C.1.19) During financial year 2024, the Board of Directors was not informed, nor did it become aware, of any situation affecting a director, whether or not related to his or her performance at the company itself, which could damage BBVA’s credit and reputation. (C.1.37) 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 .50.. 5.3. Structure of the Board of Directors (C.1.2) The Board has a robust structure that has enabled it to comply with all the functions assigned to it, favouring an adequate functioning of the Board and facilitating the management of the Bank and the Group in an efficient and integrated manner, by allowing the corporate bodies to perform their decision-making and oversight and control functions in a scheme that ensures a good balance of powers. Likewise, the Corporate Governance System has an executive chairship model which, integrated with various elements to ensure an adequate balance of powers