Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 43

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 43
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 and reinforced the diversity of knowledge, skills and experience (national and international) in essential areas for BBVA, which allows for a balanced, diverse and qualified composition. These processes have taken into consideration the criteria set out in the Selection Policy, having favored the diversity of experience, knowledge, skills and gender; and have not suffered from implicit biases that could have led to any discrimination. 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 .46.. Gender diversity in the executive realm: In terms of equal opportunities, BBVA worked hard in 2024 to promote gender equality in the executive realm. More precisely, after having achieved the target set of having women account for 40% on the Board of Directors, the target of 35% women on the management team—committed to in 2022—was achieved in 2024. Despite achieving these milestones, BBVA remains firmly committed and work continues to increase this percentage toward values closer to technical parity. Along these lines, a new target of having 36.8% women in the management team by the end of 2026 was set in February 2024. The group’s management team accounts for around 5.8% of the Group’s workforce. For this purpose, the Group has implemented various initiatives in the countries in which it operates and at all levels of the organization, and has included, as an aspect to drive the achievement of diversity objectives, the trend in the percentage of women in management positions, which has been included as one of the indicators for the calculation of the Long-Term Incentive (LTI) of the Annual Variable Remuneration of those categories of personnel whose professional activities have a significant impact on the risk profile of BBVA and/or its Group (the “Identified Staff”). This category includes the executive directors and the rest of BBVA’s Senior Management. This indicator will measure the trend in the percentage of women on the BBVA Group’s management team with the aforementioned objective of reaching 36.8% of women in the management team by the end of 2026, in line with the strategic priority of having the best, most engaged and diverse team. 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 . 47.. 5.2.2. Procedures for selection, appointment, re-electionand