Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 11

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 11
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 developed countries of which a tight monitoring of progress is required. LONG-TERM INDICATOR (TARGET AS OF 2027) Achievement Weighting Percentage of women in management positions At year-end 2027 5% The intermediate points between the tranches of the scale of achievement are calculated by linear interpolation ?36% 0% = 36.6% 50% = 37% 100% ? 37.3% 150% 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 11 In accordance with the foregoing, the achievement of the LTI of executive directors may range between 0% and 150% of the Target LTI. As an example, the following scenarios are included: A.3 Deferred variable remuneration from previous financial years payable in 2025 In accordance with the remuneration policies applicable in previous financial years, the following deferred remuneration is due to be paid to the executive directors in 2025: First payment of the 2023 Deferred AVR (first payment of the 2023 Deferred STI) (1) Assuming the maximum achievement level scenario of the 2023 LTI (150% of Target LTI). (2) First payment of the executive directors’ 2023 Deferred AVR (17.9%), corresponding to the first deferred payment of the 2023 STI. The remaining amount of the 2023 Deferred AVR is deferred for payment in 2026, 2027, 2028 and 2029 and subject to possible ex post risk adjustments that could reduce it. Regarding the amounts to be paid in 2027, 2028 and 2029 corresponding to the 2023 LTI, the final amount will depend on the results of the long-term indicators at the end of the measurement period (i.e. at the end of 2026), which may range between a level of achievement of 0% to 150%. (3) This amount will be updated by applying the Consumer Price Index (CPI) in the amount of €6 thousand for the Chair and €5 thousand for the Chief Executive Officer. LTI SCENARIOS – 2024 (€thousand) Chair CEO Level of achievement of targets for Long-Term Indicators LTI LTI 0% 0 0 100% (Target LTI) 1,286 962