Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 13

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 13
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 for the Chair and €9 thousand for the Chief Executive Officer and, in 2024, in the amount of €18 thousand for the Chair and €14 thousand for the Chief Executive Officer. (3) This amount will be updated by applying the CPI in the amount of €25 thousand for the Chair and €19 thousand for the Chief Executive Officer. Below is disclosed the result obtained for each of the multi-year performance indicators of the 2021 DAVR, once its measurement period has ended (2022-2024), as well as the threshold for possible reduction set for each of them, which has been used to determine the final amount of the 2021 DAVR: With regard to the TSR indicator, which measures the evolution in the total shareholder return, its evolution has been compared with that of the peer group approved by the Board of Directors in 2022, included in Appendix 1, over the three-year period running from January 1, 2022 to December 31, 2024. 2022 Deferred AVR (€thousand and shares) Executive directors Maximum amount 2022 DAVR 2022 DAVR paid in 2024 (1st payment—20% of the DAVR) 2022 DAVR payable in 2025 1 (2nd payment – 20% of the DAVR) 2022 DAVR payable each year in 2026, 2027 and 2028 (3rd, 4th and 5th payments – 20% of the DAVR each year) Cash Shares Cash2 Shares Cash3 Shares Cash Shares Chair 1,112 284,705 222 56,941 222 56,941 222 56,941 CEO 855 218,965 171 43,793 171 43,793 171 43,793 2021 Deferred AVR (€thousand and shares) Executive directors Maximum amount 2021 DAVR Reduction (ex post adjustment) 2021 DAVR paid each year in 2023 and 2024 (1st and 2nd payments – 20% of the DAVR each payment) 2021 DAVR payable in 2025 1 (3rd payment – 20% of the DAVR) 2021 DAVR payable each year in 2026 and 2027 (4th and 5th payments—20% of the DAVR