Auditors

The details of the fees for the services contracted by entities of the BBVA Group in the year ended December 31, 2016 with their respective auditors and other audit entities are as follows:

Fees for Audits ConductedMillions of Euros
Audits of the companies audited by firms belonging to Deloitte worldwide organization and other reports related with the audit. (*)26.5
Other reports required pursuant to applicable legislations and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the Deloitte worldwide organization3.6
Fees for audits conducted by other firms0.8

(*) Including fees pertaining to annual statutory audits (€20.7 million in 2016)

In the year ended December 31, 2016, other entities in the BBVA Group contracted other services (other than audits) as follows:

Other Services Contracted Millions of Euros
Firms belonging to the Deloitte worldwide organization1.1
Other firms30.1

The services provided by the auditors meet the independence requirements established under Audit of Accounts Law RD 1/2011 and under the Sarbanes-Oxley Act of 2002 adopted by the Securities and Exchange Commission (SEC); accordingly they do not include the performance of any work that is incompatible with the auditing function.

Updated page 18 July 2017

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