Balance Sheet at 31 December 2010 of BBVA

Amount of non-audit work / Aggregate
amount billed by the audit firm (%)
9.300 12.660 11.440
B.1.38. State whether the audit report on the Annual Financial Statements for the prior fiscal year has
observations or qualifications. If so, state the reasons given by the Chairman of the Audit Committee to
explain the content and scope of such observations or qualifications.
NO
B.1.39. Indicate the consecutive number of years for which the current audit firm has been auditing the
annual financial statements of the Company and/or its Group. In addition, state the percentage
represented by such number of years with respect to the total number of years in which the annual
financial statements have been audited:
Company Group
Number of consecutive years 8 8
Number of years audited by the current audit firm / Number of
years in which the company has been audited (%)
Company Group
88.8 88.8
B.1.40. Indicate the interests of members of the Board of Directors in the share capital of companies that
engage in the same, similar or complementary activities, both with respect to the Company and its
Group, and which have been reported to the company. In addition, state the position or duties of such
Directors in such companies:
B.1.41. Indicate whether there is any procedure for Directors to hire external advisory services, and if so,
describe it:
YES
Description of procedure
Article 6 of the BBVA Board Regulations expressly recognises that the directors have the
possibility of requesting any additional information and advice they require to perform their
duties, and may request the Board of Directors provide help from experts outside the Bank
services in those matters submitted to their consideration that are especially complex or
important.
The Audit & Compliance committee, pursuant to article 31 of the Board Regulations, may
engage external advisory services for relevant issues when it considers that these cannot be
properly provided by experts or technical staff within the Group on grounds of specialisation or
independence.
Articles 34 and 37 of the Board Regulations establish that the Appointments & Remuneration
committee may have such advice as may be needed to inform a sound judgement on issues
within the scope of its powers and that this shall be arranged through the company secretary.
WARNING: The English version is only a translation of the original in Spanish for information purposes. In case of a discrepancy,
the Spanish original prevails.