Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 141

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 141
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 the Risk and Compliance Committee, in accordance with the functions ascribed to it in its Regulations, receives information on any non-complianceswith applicable internal and external regulations and also examines the draft codes of ethics and conduct and their respective amendments. These functions are integrated in the activities carried out by the Board Committees during 2024. Recommendation 54: The minimum functions referred to in the above recommendation are as follows: A. Monitoring of compliance with corporate governance rules and internal company codes of conduct, ensuring the alignment of the corporate culture with its purpose and values. B. Monitoring the implementation of the general policy relating to the communication of economic-financial, non-financial and corporate information as well as communication with shareholders and investors, proxy advisers and other stakeholders. In addition, the way in which the entity communicates and engages with small and medium-sizedshareholders will also be monitored. C. Periodic evaluation and review of the effectiveness of the Company’s corporate governance system and its environmental and social policy with the aim of procuring that they fulfi l their mission to promote the corporate interest and take account, as applicable, of the legitimate interests of the remaining stakeholders. D. Monitoring the company’s environmental and social practices to ensure their alignment with the established strategy and policy. E. Monitoring and evaluating the company’s interactions with its various stakeholder groups. Recommendation 55: Environmental and social sustainability policies should identify and include at least: A. The principles, commitments, objectives and strategy relating to shareholders, employees, customers, suppliers, social issues, the environment, diversity, tax responsibility, respect for human rights and prevention of corruption and other illegal conduct. B. Methods and systems to monitor compliance with policies, associated risks and the management thereof. C. Mechanisms for monitoring non-financial risks, including those related to ethics and business conduct. D. Channels for stakeholder communication, participation and dialogue. E. Responsible communication practices that prevent the manipulation of information and protect honor and integrity. Recommendation 56: The remuneration of directors should be such as is necessary to attract and retain directors with the desired profi le and to reward the dedication, qualifi cations and responsibility that the position requires, but not so high as to compromise the independence of judgment of non-executivedirectors. Recommendation 57: Variable remuneration linked to the company’s and the director’s performance, the award of shares, options or any other right to acquire shares or instruments tied to the price of shares, and long-term savings schemes such as pension and retirement plans and