Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 135

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 135
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 where necessary, an action plan to correct weaknesses detected in: A. The quality and effi ciency of the Board’s functioning. B. The functioning and composition of its Committees. C. The diversity of Board composition and skills. D. The performance of the Chair of the Board of Directors and the CEO of the Company. E. The performance and contribution of each director, paying special attention to those responsible for the various Board Committees. The evaluation of the various Committees will be based on the report submitted by them to the Board of Directors, and for the latter, on the report submitted by the Appointments Committee. Every three years, the Board of Directors should engage an external consultant to aid in the evaluation process, the independence of which should be verifi ed by the Appointments Committee. 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 .136.. Any business dealings that the consultant or members of its corporate group maintain with the Company or members of its Group should be disclosed in the Annual Corporate Governance Report. The process followed and areas evaluated should be detailed in the Annual Corporate Governance Report. Recommendation 37: That when there is an Executive Committee, there must be at least two non-executivedirectors, at least one of them being independent; and that its Secretary must be that of the Board of Directors. Recommendation 38: The Board of Directors should be kept fully informed of the matters discussed and decisions made by the Executive Committee, and all Board members should receive a copy of the Executive Committee’s minutes. Recommendation 39: When appointing members of the Audit Committee, and particularly its Chair, their knowledge and background in accounting, auditing and both fi nancial and non-financial risk management should be taken into account. Recommendation 40: There should be a unit in charge of the internal audit function, under the supervision of the Audit Committee, to monitor the effectiveness of information and internal control systems. This unit should report functionally to the Board’s non-executiveChair or the Chair of the Audit Committee. Recommendation 41: The head of the unit tasked with the internal audit function should submit its annual work plan to the Audit Committee, for approval by the Audit Committee or the Board, directly inform it of its implementation, including potential impact and scope limitations arising during deployment and the results and monitoring of its recommendations and submit an activity report to it at the end of each fi nancial year. . Recommendation 42: