Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 22

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 22
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uneration Policy applicable in 2024 The Policy applicable to directors in the 2024 financial year is the one approved by the General Meeting held on March 17, 2023 for the financial years 2023, 2024, 2025 and 2026, which is available on the Bank’s website4. In line with the provisions of the Bylaws, the Policy distinguishes between the remuneration system applicable to directors in their capacity as such (non-executive directors) and that applicable to executive directors, and contains different measures to promote sound risk management and align remuneration with the Bank’s long-term interests. This Policy is one of the elements designed by the Board of Directors, as part of the Bank’s Corporate Governance System, and has been defined in accordance with prevailing corporate legislation and the specific regulations applicable to credit institutions, while also taking into account best practices and recommendations regarding remuneration both at a local and international level, as well as suggestions received within the ongoing and constructive dialogue that BBVA maintains with its shareholders, investors and other stakeholders. The Policy applicable to the members of the Board of Directors is based on the following principles, which are also the same that govern the BBVA Group General Remuneration Policy, which generally applies to all employees and senior managers of BBVA and of the companies that make up its group (the “BBVA Group” or the “Group”): ? long-term value creation; ? achieving results through sound and responsible risk-taking; ? attracting and retaining the best talent; ? rewarding level of responsibility and professional career; ? ensuring internal equity, external competitiveness and equal pay for men and women; ? encouraging responsible conduct and fair treatment of clients, as well as avoiding conflicts of interest; and ? ensuring the transparency of the remuneration model. 4https://shareholdersandinvestors.bbva.com/wp-content/uploads/2023/02/12_BBVA_Directors_Remuneration_Policy_Agenda_item_ 4.pdf 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 BBVA Directors 19 The principles set out above lead to a Director’s Remuneration Policy that: ? contributes to the business strategy of BBVA and its Group, and to the achievement of its objectives, values, interests, value creation and long-term sustainability; ? is compatible with, and promotes, prudent and effective risk management and does not provide incentives for