Auditors

The details of the fees for the services contracted by entities of the BBVA Group for the year ended December 31, 2023 with their respective auditors and other audit entities are as follows:

Fees for Audits conducted and other related services(1)Millions of Euros
Audits of the companies audited by firms belonging to the EY worldwide organization and other reports related with the audit(2).28.5
Other reports required pursuant to applicable legislation and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the EY worldwide organization1.4
Fees for audits conducted by other firms0.1

(1) Regardless of the billed year

(2) Including fees pertaining to annual legal audits (€23.3 million as of December 31, 2023)

In the year ended December 31, 2023, certain entities in the BBVA Group contracted other services (other than audits) as follows:

Other Services rendered Millions of Euros
Firms belonging to the EY worldwide organization0.2

This total of contracted services includes the detail of the services provided by Ernst & Young, S.L. to BBVA, S.A. or its controlled companies at the date of preparation of these consolidated financial statements as follows:

Fees for audits conducted (1)Millions of euros
Legal audit of BBVA, S.A. or its companies under control7.9
Other audit services of BBVA, S.A. or its companies under control5.4
Limited Review of BBVA, S.A. or its companies under control1.9
Reports related to issuances1.0
Assurance services and other required by the regulator0.8

(1) Services provided by Ernst & Young, S.L. to companies located in Spain, to the branch of BBVA in New York and to the branch of BBVA in London.

The services provided by the auditors meet the independence requirements of the external auditor established under Audit of Accounts Law (Law 22/2015) and under the Sarbanes-Oxley Act of 2002 adopted by the Securities and Exchange Commission (SEC).

Updated page 23 May 2024