Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 195

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 195
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, social and corporate governance, as well as internal codes of conduct, and other matters referred to in Recommendation 54, is attributed, in a coordinated fashion, to several Board Committees, depending on their respective remits. More specifically, these powers are attributed to the Appointments and Corporate Governance Committees, the Audit Committee and the Risk and Compliance Committee, all of which are composed exclusively of non-executivedirectors and include a significant number of independent directors. In accordance with their functions, the Appointments and Corporate Governance Committee periodically assesses and reviews BBVA’s Corporate Governance System; and the Audit Committee is responsible for overseeing the process of drawing up and presenting the related public information. Meanwhile, the Risk and Compliance Committee monitors the trend in all the Group’s financial and non-financialrisks, which provides it with a global and complete vision of all risks, including those associated with sustainability (transition and climate change risk) and their integration into the Group’s risk analysis and management, included in the Group’s Risk Appetite Framework, in coordination with the rest of the Committees (through different reports and “cross” membership) to which, due to their expertise, the Board has assigned specific non-financialrisk functions. Likewise, 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. 45 / 49

ANNUAL CORPORATE GOVERNANCE REPORT OF LISTED COMPANIES 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-financialand 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 fulfil 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