Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 136

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 136
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 The Audit Committee should have the following functions over and above those conferred by law: I. Regarding reporting systems and internal control systems: A. Monitor and evaluate the process of preparing and the integrity of fi nancial and non-financial information, as well as the control and management systems for fi nancial and non-financial risks related to the Company and, where applicable, the Group, including operational, technological, legal, social, environmental, political and reputational or corruption-related issues, reviewing compliance with regulatory requirements, proper delimitation of the consolidation perimeter and proper application of accounting criteria. B. Monitor the independence of the unit handling the internal audit function; propose the selection, appointment and dismissal of the head of the internal audit service; propose the service’s budget; approve or propose that the Board approve its priorities and annual work plans, ensuring that its activity focuses primarily on signifi cant risks (including reputational risks); receive regular reports on its activities; and verify that Senior Management is acting on the fi ndings and recommendations of its reports. C. Establish and supervise a mechanism that allows employees and other persons related to the company, such as directors, shareholders, suppliers, contractors or subcontractors, to report irregularities of potential signifi cance, including fi nancial and accounting irregularities, or any other type, related to the company that they notice within the company or its Group. This mechanism must ensure confi dentiality and, in any case, provide for scenarios under which information can be passed on anonymously, safeguarding the rights of the reporting party and the subject of the report. D. Generally ensure that established internal control policies and systems are effectively implemented in practice. II. In relation to the external auditor: A. Investigate the circumstances giving rise to the resignation of the external auditor, should this come about. B. Ensure that the remuneration of the external auditor does not compromise its quality or independence. C. Ensure that the Company communicates any change in the external auditor through the CNMV, accompanied by a statement regarding any disagreements arising with the outgoing auditor and the reasons for the same. D. Ensure that the external auditor has a yearly meeting with the full Board of Directors to inform it of the work undertaken and developments in the company’s risk and accounting positions. E. Ensure that the Company and the external auditor adhere to current regulations on the provision of non-auditservices, limits on the concentration of the auditor’s business and other requirements concerning auditor independence. This English version is a translation of the original in Spanish