Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 65

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 65
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 as well as the application of internal procedures that prevent potential conflicts of interest; verified the statements made by the external auditor regarding the confirmation of its independence vis-à-visBBVA and its Group; and issued reports in accordance with applicable legislation. The Committee also examined, prior to its submission to the Board, the overall proposal for the external auditor’s fees for 2024. The Committee has been informed by the Head of Internal Audit and has ratified the engagement of additional auditing services not included in the global services proposal submitted by the external auditor, which had been pre-approvedby the Committee Chair, analyzing their compliance with the applicable independence requirements. Regarding internal audit With regard to tasks carried out by Internal Audit, whose Head reports directly to the Board and to the Audit Committee at each of its monthly meetings, the Committee ensured that Internal Audit has the necessary material and human resources for the effective performance of its functions, overseeing the efficiency and operation of the role as well as its independence from other areas of the Bank for such purpose. More precisely, the Committee analyzed and approved the Annual Internal Audit Plan for the 2025 financial year, also overseeing at each of the monthly meetings held the progress made towards the Annual Internal Audit Plan for the 2024 financial year, and the activity and reports issued by the area. It was also notified of the result of its most relevant work, weaknesses and opportunities for improvement identified, and the recommendations made by the Internal Audit as a result of its review engagements. In relation to the Strategic Plan defined by the Internal Audit area for the period 2020-2024, the Committee was informed that all the projects established for each of the strategic priorities set out in that Plan had been completed; having also supervised and approved the new Strategic Plan of the area defined for the years 2025 to 2029. 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 .70.. Moreover, the Committee assessed the performance of the head of Internal Audit, based on the system of indicators and targets approved by the Board of Directors. Other activities Highlights in the period included the analysis performed—prior to the decisions to be made by the Board—of the relevant investment transactions that the Group planned to carry out, especially the analysis conducted of the accounting and tax impacts of the takeover bid for Banco de Sabadell. Other functions performed by the Committee during the year included that of monitoring the structure of the Group of companies; as well as