Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 134

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 134
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 about the Company’s performance, and such concerns are not resolved at the Board meeting, they should be recorded in the minutes if the person expressing them so requests. Recommendation 29: The Company should establish suitable channels for Directors to obtain the advice they need to carry out their duties, extending if necessary to external advisory services at the company’s expense. Recommendation 30: Regardless of the knowledge Directors must possess to carry out their duties, companies should also offer Directors refresher courses when circumstances so advise. Recommendation 31: The agendas of board meetings should clearly indicate on which points the Board of Directors must arrive at a decision, so that directors can study or gather together the information they need beforehand. For reasons of urgency, the Chair may wish to present decisions or resolutions for Board approval that were not on the agenda. In such exceptional circumstances, the inclusion thereof will require the express prior consent of a majority of the directors present, which shall be duly recorded in the minutes. Recommendation 32: Directors should be regularly informed of changes in share ownership and of the views of signifi cant shareholders, investors and rating agencies on the Company and its Group. Recommendation 33: The Chair, as the person charged with the effi cient functioning of the Board of Directors, in addition to performing the duties attributed thereto by law and the Company’s bylaws, should prepare and submit to the Board a schedule of meeting dates and agendas; organize and coordinate regular evaluations of the Board and, where appropriate, the Company’s chief executive; exercise leadership of the Board and be accountable for its proper functioning; ensure that suffi cient time is given to the discussion of strategic issues; and approve and review refresher courses for each director, when circumstances so advise. Recommendation 34: When there is a Lead Director, the Bylaws or the Regulations of the Board of Directors should confer upon him or her the following powers, in addition to those conferred by by law: to chair the board of directors in the absence of the chairperson and deputy chairperson; to refl ect the concerns of non-executivedirectors; to liaise with investors and shareholders in order to hear their views and understand their concerns, especially those to do with the company’s corporate governance; and coordinate the Chair’s succession. Recommendation 35: The Secretary of the Board of Directors should strive to ensure that the Board’s actions and decisions are informed by the governance recommendations in the Good Governance Code that are applicable to the Company. Recommendation 36: The full Board of Directors should conduct an annual evaluation, adopting,