Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 110

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 110
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 as usual to higher levels of impairment. Statements by risk type, which include the general principles for each type of financial and non-financialrisk. Metrics by risk type, which, if met, enables compliance with the core metrics and Risk Appetite Statement. Each of these metrics has a maximum appetite threshold. In addition to this Risk Appetite Framework, a level of management limits is in place, which is defined and managed by the areas responsible for managing each type of risk. Likewise, each significant geographic area has its own Risk Appetite Framework, composed of the same elements described for the Group, which must be consistent with those established at Group level, adapted to local needs and circumstances and are approved by the relevant corporate bodies for the company concerned. For further information on the Risk Appetite Framework described above and its monitoring and integration into management, see the “Risk Appetite Framework” section 1.2 of the “General Risk Management and Control Model” section, within the “Risk Management” chapter of the individual and consolidated Management Reports for the 2024 financial year. 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 .113.. 13.4. Internal Control Model (E.6) In addition to what is described above in section 13, BBVA has an internal control model for management and control, which is structured at an organizational level on three different levels, homogeneously and transversally across the Group. The risks that are managed and controlled through this internal control model include, among others, those derived from or related to: human error; inadequate or faulty internal processes; misconduct vis-à-viscustomers, in the markets or against the institution; weaknesses in the anti-money laundering and counter terrorist financing programs; failures, interruptions or deficiencies in systems or communications; theft, loss or misuse of information, as well as a deterioration in its quality; internal or external frauds, including those arising from cyber-attacks; theft of or physical damage to assets or persons; legal risks or other risks arising from non-compliancewith applicable regulations (including, without limitation, accounting, tax and public reporting risks); risks arising from workforce management and occupational health; inadequate service provided by suppliers; damage caused by extreme weather events, pandemics and other natural disasters. 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 BB