Company: BBVXF
Filing Date: 2025-02-14
Form Type: 6-K
Source: 0001193125-25-027348
Chunk: 78

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-14
Form: 6-K
Chunk 78
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 of the Identified Staff, along with the text of the report to be prepared by the Board in connection with this resolution. 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 Corporate Governance Report of BBVA .81.. 6.7. Risk and Compliance Committee Pursuant to Article 35 of the Board Regulations, the BBVA Board of Directors has set up a Risk and Compliance Committee, whose main task is to assist the Board of Directors in determining and monitoring the Group’s risk control and management policy, including internal risk control and non-financialrisks, with an overall view of this process. This is without prejudice to the specific duties relating to internal financial control entrusted to the Audit Committee; those relating to technological risk entrusted to the Technology and Cybersecurity Committee; and those relating to business and reputational risk, which are the responsibility of the Executive Committee. It will also assist the Board of Directors in monitoring the Compliance area and implementing a risk and compliance culture in the Group. 6.7.1. Composition of the Risk and Compliance Committee (C.2.1) In accordance with the Regulations of the Board of Directors (Article 35) and the Regulations of the Risk and Compliance Committee (Article 3), the Risk and Compliance Committee (RCC) shall comprise at least three directors, with a majority of them being independent directors, as is the Chair. As of December 31, 2024, the composition of the Risk and Compliance Committee is as follows: 6.7.2. Functions of the Risk and Compliance Committee The Risk and Compliance Committee assists the Board in determining and monitoring the Group’s (financial and non-financial)risk control and management policy, including the activity of the internal risk control function. It also assists the Board in monitoring the system of internal control, which includes the Compliance function, and in implementing the risk and compliance cultures across the Group. As a result of its activities and the various reports it receives, the RCC has a complete and Group-wide picture of all the financial and non-financialrisks to which the Bank and its Group are exposed. This function is complemented by the closer monitoring of certain non-financialrisks carried out by other Board Committees, such as the accounting, tax and public reporting risk functions carried out by the Audit Committee, or technological and cybersecurity risks by the Technology and Cybersecurity Committee. Article 5 of the Regulations of the Risk and Compliance Committee, as approved by the