Annual Report on Directors' Remuneration

In accordance with the provisions established by Article 541 of the Spanish Corporate Act, BBVA prepared the Annual Report on the Remuneration of BBVA Directors for 2021 (which is an integral part of the Management Report for that year), including the contents set down in Order ECC/461/2013, dated March 20, and in Circular 4/2013, dated June 12, of Comisión Nacional del Mercado de Valores (CNMV), in the wording provided by Circular 3/2021, dated September 28, of CNMV. In addition, all the information required by Article 539 of the Spanish Corporate Act can be accessed on BBVA’s website www.bbva.com.