Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027343
Chunk: 38

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 38
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 and Cybersecurity Committee * 107 Member of the Technology and Cybersecurity Committee 43 Deputy Chair 50 Lead Director 80 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 32 3. Result of the implementation of the Policy in 2024 The Directors’ Remuneration Policy implemented during the financial year last ended (2024) was the one approved at the Bank’s Annual General Shareholders’ Meeting held on March 17, 2023, the outline and main characteristics of which have been set forth in section 2 above. Below is the detail of how the Policy was implemented in 2024, following the process established for such purpose in the Policy itself and in the Regulations of the Board of Directors and of the Remuneration Committee. No deviations from the same occurred during the financial year. No temporary derogations were made to the Policy either, in accordance with the procedure set forth therein, given the absence of any circumstances that would advise or justify this. The Remuneration Committee has directly led and overseen the implementation of the Directors’ Remuneration Policy and the process for determining the individual remuneration of directors. During the 2024 financial year, this Committee carried out, among others, the actions described below, submitting to the Board of Directors, when necessary, the corresponding proposals . 3.1. Activity of the Corporate Bodies in 2024 in relation to the Directors’ Remuneration Policy During the 2024 financial year, the Remuneration Committee and the Board of Directors carried out the necessary actions to implement, supervise and monitor the provisions of the Directors’ Remuneration Policy. To this end, the Board of Directors analyzed the following matters, approving the corresponding resolutions, in accordance with the proposals or reports submitted, in each case, by the Remuneration Committee, following a preliminary analysis, discussion and interaction with the executive team. 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 33 Remuneration matters for executive directors ? Once the Net Attributable Profi t and Capital Ratio thresholds established for the accrual of the 2023 AVR and the initial award of the 2023 LTI had been met, the Board of Directors approved the initial award of the 2023 AVR of the