Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 185

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 185
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 should constitute an ample majority on the board of Directors, while the number of executive Directors should be the minimum necessary, bearing in mind the complexity of the corporate group and the percentage shares held by the executive Directors in the company’s capital. The number of female Directors should represent at least 40% of the members of the board of Directors before the end of 2022 and thereafter, representing no less than 30% prior to this. Compliant [ X ] Partially compliant [ ] Explain [ ] 16. The percentage of proprietary Directors out of all non-executiveDirectors should be no greater than the proportion of the ownership in the company represented by such Directors to the remainder of the company’s capital. This criterion may be relaxed: a) In large cap companies where few or no equity shares are considered by law to be significant shareholdings. b) In companies with a plurality of shareholders represented on the board of Directors but who are not otherwise related. Compliant [ X ] Explain [ ] 17. Independent Directors should represent at least half of all board members. However, when the company does not have a large market capitalisation, or when a large cap company has shareholders who, individually or together, control over 30% of the share capital, independent Directors should constitute at least a third of the total number of Directors. Compliant [ X ] Explain [ ] 18. Companies should disclose the following information regarding their Directors on their websites and keep it up to date: a) Background and professional experience. b) Directorships held in other companies, whether listed or not, and other paid activities in which they engage of whatever nature. c) Indication of the class of directors to which they belong, specifying, in the case of proprietary directors, the shareholder they represent or are related to. d) Date of their first appointment as a board member and subsequent re-elections.e) Shares they hold in the company, and any options over the same. Compliant [ X ] Partially compliant [ ] Explain [ ] 34 / 49

ANNUAL CORPORATE GOVERNANCE REPORT OF LISTED COMPANIES 19. Following verification by the Appointments Committee, the annual corporate governance report should disclose the reasons for the appointment of proprietary Directors at the behest of shareholders controlling less than 3% of capital, and explain any formal requests for a seat on the board that were denied where such requests came from shareholders whose interests in the company’s share capital were equal to or greater than those of others at whose be