Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 51

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 51
---
 decisions already adopted by the Board, which are then submitted to the competent corporate bodies for further analysis, debate and decision, all supported by a reporting model that provides complete, integral, adequate and consistent information. (C.1.25 and C.1.26) Under the model, the corporate bodies interact among themselves and with the heads of the executive areas, generating recurring spaces for analysis and debate in order to make decisions that are aligned with the Bank’s social interest and Purpose. Once the decisions have been taken by the corporate bodies, the executive areas develop and implement them, while also reporting on them to the competent corporate bodies for supervision and control, in accordance with the supervision and control processes in place. 5.4.2. Supervision and control model To ensure that the corporate bodies are able to fulfil the supervision and control functions assigned to them, BBVA has a set of processes in place to steer the way in which the corporate bodies carry out these functions, thus ensuring that the decisions made by the corporate bodies themselves are properly executed or, as the case may be, specific aspects can be identified that require action to be taken. Supervisory and control functions in each specific area are exercised by the Board of Directors both directly, at its meetings, and indirectly, through the activity of its various committees, which play a key role in supervising and controlling the management. Thus, the committees support the Board in its supervisory and control functions by monitoring issues that fall within the remit, doing so more frequently and in more detail than in the case of the Board, to which they regularly report on the most relevant issues addressed by each of them. 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 .55.. DECISION-MAKING PROCESS AND SUPERVISION AND CONTROL No supermajorities other than those provided for by law are required for any type of decision. (C.1.20) The Company has not reached any signifi cant agreements that are coming into force, or were amended or concluded as a result of a change in the control of the Company stemming from a public takeover bid. (C.1.38) 5.4.3. Reporting model The decision-making and supervisory and control models described above are complemented by a reporting model to ensure that the corporate bodies have all the information they need, and in good time, to carry out their entrusted duties. Under BBVA’s reporting