INVITATION 

FOR CONVOCATION OF A GENERAL MEETING OF THE MEMBERS OF  

INTERACTIVE ADVERTISING BUREAU BULGARIA, SOFIA CITY, UIC 175784631 

Dear Members, 

We hereby inform you that on 30.09.2026 at 09:00 a.m., a General Meeting of the Interactive Advertising Bureau Bulgaria Association, UIC 175784631 (the “Association”), will be held.
 

The General Meeting of the Association will take place at the following address: Conference center Litex Tower,  3, Lachezar Stanchev Str., 1973 Sofia 

The General meeting will be held with the following agenda and draft decisions: 

Item 1. Release of Aleksandar Lyudmilov Hinkov, from the position of Executive Director and as a member of the Management Board of the Association. 

Draft resolution: “The General Meeting releases Aleksandar Lyudmilov Hinkov, from the position of Executive Director and as a member of the Management Board of the Association.” 

Item 2. Election and appointment of Maya Vladimirova Hayrabedyan, as a member of the Management Board and as Executive Director of the Association. 

Draft resolution: “The General Meeting elects Maya Vladimirova Hayrabedyan, as a member of the Management Board of the Association and appoints her as Executive Director of the Association.” 

Item 3. Adoption of the Association’s Annual Financial Statements for 2025. 

Draft resolution: “The General Meeting adopts the Association’s Annual Financial Statements for 2025.” 

Item 4. Adoption of the Association’s Annual Activity Report for 2025. 

Draft resolution: “The General Meeting adopts the Association’s Annual Activity Report for 2025.” 

Item 5. Release of ETARGET AD, Slovakia, Company Registration No. 35807113, as a member of the Management Board following a request submitted electronically on 31 March 2026. 

Draft resolution: “Pursuant to Article 25, paragraph 4 of the Articles of Association, the General Meeting releases ETARGET AD, Slovakia, Company Registration No. 35807113, as a member of the Management Board following a request submitted electronically on 31 March 2026.” 

Item 6. Election of new members and completion of the composition of the Management Board. 

Draft resolution: The General Assembly resolves to elect a new Management Board. “ 

Item 7. Proposal for amendments to the Articles of Association. 

Draft decision: “The General Meeting adopts the proposed amendments to the Articles of Association.” 

The proposed amendments to the Articles of Association are available at the following link. 

Item 8. Proposal for amendments to the Association’s Code of Ethics. 

Draft decision: “The General Meeting adopts the proposed amendments to the Code of Ethics.” 

The proposed amendments to the Code of Ethics are available at the following link. 

Item 9. Miscellaneous 

The General Meeting is convened at the initiative of the Management Board pursuant to its resolution dated 05.08.2026, in compliance with the requirements of Article 20 of the Articles of Association.  

In case of no quorum, on the grounds of Art. 21, par. 2 of the Articles of Association, the General Meeting will be held at 10:00 at the same place, on the same day and with the same agenda, and it can take valid decisions regardless of the number of members present or represented. 

Each member of the Association has the right to 1 (one) vote. Each member of the Association has the right to authorize a representative of the General meeting with a written power of attorney. The same authorized representative may represent up to two members of the Association at the General meeting. 

A copy of this power of attorney can be sent to the email address: office@iabbg.net before the start time of the meeting, and the original shall be provided for verification during the general meeting (а copy shall be left). 

Regarding the election of a new Management Board: 

• The voting will take place in accordance with the Articles of Association. 

• Representatives of the candidates for members will be able to present their candidacies to the meeting, and the present members will receive a paper bulletin with the names of the candidates. 

The working language of the General meeting is the Bulgarian. 

The materials for the general meeting are available in the office of the Association at: Sofia 1407, James Bourchier Blvd., fl.5, office 7. 

In case of any discrepancy between the text in Bulgarian and in English in this invitation, the Bulgarian language will prevail. 

Date: 25. 08.2026 

Sincerely: 

Marian Naydenov, representative of Prodesign Bulgaria EOOD, chairman of the Management Board of the Association