Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 86

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 86
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 2023, 2022, 2021 and 2019 AVR was, in accordance with the policies applicable in those fi nancial years, the average closing price of the BBVA share over the trading sessions running from 15 December of the year to which the AVR related to 15 January of the following year. For the 2023 DAVR, it was €8.319 per share; for the 2022 DAVR, it was €5.857 per share; for the 2021 DAVR, it was €5.330 per share; and for the 2019 DAVR, it was €5.029 per share. For the non-executive directors: • The amounts included in the cell “Financial instruments at the beginning of 2024” correspond to the theoretical shares that the non-executive directors had accumulated at the beginning of 2024 under the fi xed remuneration system with deferred delivery of BBVA shares, as set out in sections 2.3 and 3.3 of this Report. However, these theoretical shares do not constitute a fi nancial instrument, are not listed on any market and are not available to the directors. • The amounts included in the cell “Financial instruments awarded during 2024” correspond to the theoretical shares allocated to each non-executive director in the year (equivalent to 20% of the total annual fi xed allowance in cash received by each of them in 2023). These theoretical shares have not been delivered since, in accordance with the provisions of the Policy, the equivalent number of BBVA shares will only be delivered after the director ceases to hold offi ce for any reason other than a serious dereliction of duties. 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 Directors of BBVA 71 • The amounts included in the cell “Financial instruments vested during the year” correspond to the BBVA shares received by the non-executive directors José Maldonado Ramos and Juan Pi Llorens, who left offi ce in 2024, which are equivalent to the total theoretical shares accumulated by each of them under the system up to the date of their departure, and which were delivered at a the BBVA share price on the date of delivery). • The amounts included in the cell “Financial instruments at the end of 2024” correspond to the theoretical