Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 10

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 10
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 BBVA’s TSR in relation to Euro Stoxx Banks’ TSR below 0.9 (90%), the achievement will be reduced in 8 points for each percentage point dropped, with no amounts being paid if BBVA’s TSR in relation to Euro Stoxx Banks’ TSR is less than 0.8 (80%). 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 Report on the Remuneration of BBVA Directors 10 LONG-TERM INDICATOR (TARGETS AS OF 2027) Weighting Decarbonization of the portfolio Targets for the sectors comprising this indicator are presented this year as the percentage to be achieved in 2027 over the reduction targets set for the period running from December 31, 2022 (baseline scenario) to December 31, 2030. 15% The intermediate points between the tranches of the scale of achievement are calculated by linear interpolation Sector 1 Weighting Metric Baseline scenario Final scenario Total reduction target Achievement (% over total reduction target) 2022 2030 2022-2030 2027 0% 50% 100% 150% Oil & Gas 25% Absolute upstream emissions 2 (Mn t CO2e) 12.5 9.8 2.7 20% 38% 54% 85% Power generation 25% Emissions intensity (kg CO2e/Mwh) 212 107 105 55% 66% 75% 92% Automotive 10% Emissions intensity (g CO2/km) 195 110 85 53% 63% 73% 92% Steel 10% Emissions intensity (kg CO2/t steel) 1,200 984 216 38% 51% 64% 88% Cement 10% Emissions intensity (kg CO2/t cement) 690 579 111 48% 59% 69% 90% Coal 20% Amount committed 3 Mn 253 0 253 38% 50% 63% 88% (1) Each sector has a specific weighting in the overall calculation. Therefore, the final achievement of the indicator will be the sum of the achievement of each sector weighted according to its weight. (2) Absolute upstream emissions refer to Oil & Gas exploration and production activities. (3) Total amount committed to customers in