Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 56

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 56
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3) 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 .61.. 6.3. Executive Committee Pursuant to Article 46 of the Bylaws, Article 30 of the BBVA Regulations of the Board of Directors and Article 1.2 of the Regulations of the Executive Committee, the BBVA Board of Directors has set up an Executive Committee, which will be responsible for those matters of the Board of Directors that the Board agrees to delegate to that Committee, in accordance with the law, the Bylaws, the Regulations of the Board and the Committee’s own Regulations approved by the Board of Directors (C.1.9). 6.3.1. Composition of the Executive Committee (C.2.1) Thus, in accordance with the Regulations of the Board of Directors (Article 30) and the Regulations of the Executive Committee (Article 3), the Committee shall be composed of a minimum of four directors appointed by the Board of Directors, ensuring that there is a majority of non-executivedirectors over executive directors. The Chair of the Board of Directors shall be an ex officio member of the Committee. At December 31, 2024, the composition of the Executive Committee was as follows: 6.3.2. Functions of the Executive Committee In accordance with the powers vested in it by Article 5 of the Regulations of the Executive Committee, the Committee shall perform the following functions: Support functions to the Board of Directors in its decision-making: I. On strategy: Establishment of the bases and previous analysis of the proposals submitted to the Board of Directors in relation to the Bank’s Strategic Plan or other strategic decisions, including the Risk Appetite Framework (RAF) are prepared and scrutinizing them in advance; prior analysis of the strategic and financial aspects of the proposals submitted to the Board of Directors in relation to corporate transactions corresponding to its decision-making powers, in respect of which it will submit its report to the Board, accompanied, where necessary, by reports from the other Board committees on those matters within their respective remits; and adoption of decisions and execution of mandates that may be expressly delegated by the Board of Directors in these fields, once the decisions reserved to it are adopted by the Board. II. On budgets: prior analysis of the proposals submitted to the Board of Directors in relation to the Institution’s budgets; adoption of the corresponding decisions for the implementation of the budget approved by