BBVA in 2012

BBVA Board CommitteesIn order to better perform its duties, the BBVA Board of Directors has established five specialistCommittees with a broad range of duties, to help the Board on matters falling within their remit.The BBVA thus has an Executive Committee, an Audit & Compliance Committee, a RemunerationCommittee, an Appointments Committee and a Risks Committee. Except for the Executive Committee,whose membership includes the executive directors with a majority of external directors, these arecomposed exclusively of external directors with a majority of independent directors.All the Committees, except for the Executive Committee are chaired by independent directors andtheir operating rules are established in the Board Regulations. The Audit & Compliance and the RisksCommittees each have a specific set of regulations, approved by the Board of Directors. The BoardRegulations and the specific regulations of these two Committees can be consulted on the Corporatewebsite: www.bbva.com.Composition of the Board of Directors and the Board CommitteesFull nameType of directorExecutiveCommitteeAudit &Compliance Appointments Remuneration RisksFrancisco González Rodríguez Executive •Ángel Cano Fernández Executive •Tomás Alfaro Drake Independent • •Juan Carlos Álvarez Mezquíriz Independent • •Ramón Bustamante y de la Mora Independent • •José Antonio Fernández Rivero Independent • •Ignacio Ferrero Jordi Independent • •Belén Garijo López Independent •Carlos Loring Martínez de Irujo Independent • •José Maldonado Ramos External • • •Enrique Medina Fernández Independent • •José Luis Palao García-Suelto Independent • •Juan Pi Llorens Independent • •Susana Rodríguez Vidarte Independent • • •The Board of Directors system of organization requires intense engagement with Bank matters from allthe directors, due to the high number of Board and Committee meetings.For more information, see the website:http://shareholdersandinvestors.bbva.com/TLBB/tlbb/bbvair/ing/governance/index.jspCorporate Governance System15