Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 95

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 95
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 cation of the Group. In the interests of transparency and better understanding of the information presented, section 3.4. of this Report also provides information on the average remuneration of BBVA, S.A. employees (which in 2024 amounted to €87 thousand), as Spain is where the Company has its registered offi ce and headquarters. In 2024, the ratio between the remuneration of the Chair and the “Average remuneration of employees” of BBVA, S.A. was 91, while in the case of the CEO it was 84. This Annual Remuneration Report has been approved by the Board of Directors of the Company at its meeting held on February 11, 2025. Indicate whether any director voted against or abstained from approving this Report. NO 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 79 6. Directors’ Remuneration Policy applicable in 2025 In accordance with the remuneration system applicable to BBVA directors, as set out in this Report and contained in the Directors’ Remuneration Policy, the specific conditions applicable to the current financial year are detailed below. 6.1. Remuneration of executive directors in 2025 A. FIXED REMUNERATION – 2025 a) Annual Fixed Remuneration – 2025 The Annual Fixed Remuneration of each executive director is determined by the Remuneration Committee and submitted to the Board for approval. In accordance with the Policy, to determine this, and any possible updates to it, the Remuneration Committee takes into account the duties assigned to and the level of responsibility of each executive director. It also takes into account market analyses prepared by leading independent consultancy firms for the purpose of establishing remuneration that is commensurate to the duties that they perform, that is competitive in the market and that is aligned with that of comparable institutions, while also considering other factors, such as the average increases in the annual fixed remuneration of members of the Bank’s Senior Management. Pursuant to the foregoing, the Board of Directors has not passed any resolution to amend the amounts of Annual Fixed Remuneration for executive directors for 2025, which, as set out in the Policy, are as follows: The remuneration policy applicable to BBVA directors in 2025 is the Directors’ Remuneration Policy approved