Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 223

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 223
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 of the Deferred Annual Variable Remuneration in shares for 2024 financial year will be paid in the form of options on BBVA shares.

In accordance with the BBVA Group General Remuneration Policy and in application of the provisions of article 34.2 b) of Law 10/2014 (transposing article 94. 3 b) of Directive 2013/36/EU into Spanish law), to a total of 19 members of the Identified Staff, whose annual variable remuneration for financial year 2024 has not exceeded 50,000 euros and has not represented more than one third of their total annual remuneration, has benefited from the exception provided in this regulation. Thus, the requirements of deferral and payment in shares and/or share-linked instruments provided for in sections m) and l) of article 34.1 of Law 10/2014) will not apply to the Annual Variable Remuneration for the 2024 financial year of this group of employees. Notwithstanding the foregoing, the Long-Term Incentive for 2024 shall not be consolidated or paid until the amount thereof is determined in view of the result of the Long-Term Indicators approved for its calculation (at year-end 2027).

The total aggregate remuneration received by these employees in 2024 is 2,474 thousand of euros, of which 1,931 thousand of euros is fixed remuneration and 543 thousand of euros is variable remuneration.

All of the above gives rise to the amounts presented in the following table, broken down by types of employees:

| PILLAR 3 2024 |     | 5. INFORMATION ON REMUNERATION |     | P.236 |

| Table 90.EU REM1 - Remuneration awarded for the financial year(Thousand euros) |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     |                            |     |       | MB Supervisory function(1) |     |       | MB Management function(1) |     |        | Other senior management(1) |     |         | Other identified staff(1) |     |         |
| Fixed remuneration                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Number of identified staff |     |       |                            |     |    15 |                           |     |      2 |                            |     |      16 |                           |     |     304 |
| Total fixed remuneration(2)