Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 37

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 37
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 corresponding annual insurance premiums to guarantee the benefi t coverage. 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 31 2.3. Remuneration system for non-executive directors in 2024 In accordance with the Policy and Section 33 bis of the Bylaws, the remuneration system for non-executive directors is based on the criteria of responsibility, dedication and incompatibilities inherent to the role they undertake, and consists only of fixed remuneration, comprising the following items: Amounts corresponding to the annual fixed allowance approved by the Board of Directors * At the date of this Report, the position of Chair of the Technology and Cybersecurity Committee is not remunerated as the Chair of the Board of Directors holds this position. These amounts were approved by the Board of Directors on May 29, 2019, on the proposal of the Remuneration Committee, following analysis of the corresponding market comparisons. Without prejudice to the reallocation of amounts to adapt them to the functions of each Committee and position, no increases have taken place since 2007. Item Payment Other features Annual fi xed allowance Monthly and in cash for the position of member of the Board and member or chair of the various Committees and, as the case may be, for the performance of other duties (such as the position of Lead Director or Deputy Chair) Overall limit approved by the General Meeting: €6 million annually See amounts for 2024 in section 3.3.A and B. Remuneration in kind The Bank pays the corresponding premiums of healthcare and accident insurance Fixed remuneration system with deferred delivery of BBVA shares Annual allocation of a number of theoretical shares, with effective delivery of BBVA shares after the director ceases to hold offi ce for any reason other than a serious dereliction of duties Allocation of theoretical shares equivalent to 20% of the annual fi xed allowance in cash received in the previous year Role €thousand Member of the Board of Directors 129 Member of the Executive Committee 167 Chair of the Audit Committee 165 Member of the Audit Committee 66 Chair of the Risk and Compliance Committee 214 Member of the Risk and Compliance Committee 107 Chair of the Remuneration Committee 107 Member of the Remuneration Committee 43 Chair of the Appointments and Corporate Governance Committee 115 Member of the Appointments and Corporate Governance Committee 46 Chair of the Technology