Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 133

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 133
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 recorded in the minutes. This is without prejudice to the information that the Company is required to disseminate, if appropriate, at the time the corresponding measures are adopted. Recommendation 23:Directors should express their clear opposition when they feel a proposal submitted to the Board of Directors might damage the corporate interest. In particular, independent and other directors not subject to potential confl icts of interest should strenuously challenge any decision that could harm the interests of shareholders lacking Board representation. When the Board of Directors makes signifi cant or repeated decisions with regard to which a director has expressed serious reservations, the director should draw the pertinent conclusions and, if they decide to resign, should set out their reasons in the letter referenced in the next recommendation. This recommendation also applies to the Secretary of the Board of Directors, even if the secretary is not a director. Recommendation 24: When, either due to resignation or following a resolution of the General Meeting, a director leaves their role prior to the end of their term, they should provide suffi cient explanation for the resignation or, in the case of non-executivedirectors, an opinion on the General Meeting’s grounds for removal, in a letter to be sent to all Board members. And, without prejudice to the inclusion of all of the foregoing in the Annual Corporate Governance Report, to the extent that it is relevant to investors, the Company should make the departure public as soon as possible, including suffi cient reference to the reasons or circumstances provided by the director. Recommendation 25: The Appointments Committee should ensure that non-executivedirectors have suffi cient time available to fulfi l their responsibilities effectively. The regulations of the Board of Directors should establish the maximum number of company boards on which its directors can serve. Recommendation 26: The Board of Directors should meet with the necessary frequency to properly perform its functions, eight times a year at a minimum, in accordance with a calendar and agendas set at the start of the fi nancial year to which each director may propose the addition of initially unscheduled agenda items. 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 .135.. Recommendation 27: Director absences should be kept to a strict minimum and quantified in the Annual Corporate Governance Report. In the event of an absence, Directors should designate a proxy with instructions. Recommendation 28: When directors or the Secretary express concerns about a proposal or, in the case of directors,