BBVA benefits

BBVA has social welfare systems that are differentiated according to the geographies and cover offered to different groups of employees.
It does not establish differences based on gender or any other type of personal circumstances.

In general, the social welfare system is of a defined contribution nature for the contingency of retirement. The Group's pension policy is compatible with the Entity's business strategy, objectives and long-term interests.

As for other benefits, the Group has a local framework of application, according to which each entity, in accordance with its sector of activity and the geographical area in which it operates, has a package of benefits for employees within its specific remuneration scheme, without applying differences based on gender or any other type of personal differences.