Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 95

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 95
---
, characteristics and capabilities to perform the responsibilities associated with the positions to be held; and (ii) the appointment of senior managers is carried out within the framework of a suitable decision-making process. Thus, members of BBVA Senior Management must have top-levelacademic and technical qualifications, professional skills—underpinned by their professional careers to date—applicable to the responsibilities associated with the role to be fulfilled, good standing, and a commitment to BBVA’s values. In accordance with the provisions of this Policy, the identification, selection and appointment of members of Senior Management at BBVA is governed by the principles and criteria mentioned therein, and consists of the following phases: (i) definition of positions, describing the functions, duties and responsibilities associated with each of the positions identified as Senior Management; (ii) preparation of specific profiles for each position, in view of the definition of positions; (iii) identification of potential candidates, based on people who already occupy key positions in the Group, although external talent sources may also be used; and (iv) candidate selection, which will ensure, at all times, that the principle of diversity established in the Policy is respected. Once the proposed candidate has been selected and compliance with the applicable suitability requirements has been verified, the Appointments and Corporate Governance Committee will analyze the proposed appointment, submitting its corresponding report to the Board of Directors for consideration. Thus, in accordance with the provisions of the Regulations of the Board, the Board is responsible for approving the appointment of senior executives, at the proposal of the Chair for executives who report to him, or at the proposal of the Chief Executive Officer for executives who report to him, prior information to the Chair. For the appointment of the Head of Internal Audit, the proposal will be made by the Audit Committee, while for the appointment of the Head of Regulation & Internal Control, it will be made by the Risk and Compliance Committee, in both cases on the basis of the candidates pre-selectedby the Talent & Culture area. All proposals will be accompanied by a prior report from the Appointments and Corporate Governance Committee of the Bank’s Board of Directors. In financial year 2024, certain organizational changes took place, following a reflection process to come up with the best organizational and management configuration of the Bank to facilitate the execution of the Group’s strategic priorities. This process included the appointment of a new member of Senior Management and the change in positions of four of its current members, as a result of the creation of the Retail Client Solutions and Commercial Client Solutions business areas, following the corresponding processes of