STATUTE OF THE NON-PROFIT PUBLIC BENEFIT ASSOCIATION "GORNO BELEVO " UIC: 208233994 I. GENERAL PROVISIONS

Status Art. 1. (1) " GORNO BELEVO " is a non-profit association , carrying out activities for the public benefit , which arises upon its entry in the register of non-profit legal entities of the Stara Zagora District Court. (2) The Association is a legal entity established in accordance with the provisions of the Non-Profit Legal Entities Act.

Name Art. 2. (1) The name of the association is " GORNO BELEVO " , which will be written in a foreign language as " GORNO BELEVO". (2) The name of the association, together with an indication of the registered office, address, court where it is registered, court registration number and a unique identification code according to the BULSTAT register , shall be indicated in every written statement on behalf of the association and in outgoing correspondence documents.

Headquarters and address of management Art. 3. The registered office and management address of the association are: Bulgaria, Stara Zagora region, Bratya Daskalovi municipality, Gorno Belevo village, Treta Str. No. 23.

Deadline Art. 4. The association is not limited by a term or other termination condition.

Type of activity performed Art. 5. The association is defined as an organization for carrying out public benefit activities .

Subject of activity Art. 6. Activities related directly or indirectly to the improvement of the lives of the residents of the village of Gorno Belevo, Bratya Daskalovi Municipality, Stara Zagora District and the surrounding area, as well as improving the infrastructure and public development of the village and the surrounding area.

Main goals of the association Art. 7. The main objectives of the association are:

1. It helps develop the village, such as improving infrastructure and public works.
2. To organize and support activities related to the protection of nature and the environment in the village and the area around the village.
3. To contribute to the development and strengthening of the education, culture, spiritual and social life of the village residents.
4. To participate in projects and programs for funding from European and other donor programs and funds, Bulgarian state funds, programs of foreign governments and other funding institutions related to the activities aimed at achieving the goals of the Association.
5. To cooperate with other associations, legal entities, traders, individuals, institutions to achieve the goals of the Association.
6. Other purposes not contrary to the law or these statutes.

Means for achieving the goals of the association Art. 8. To achieve the objectives of the previous article, the Association will use the following means:

1. Organization, development, participation and implementation of projects and programs independently or jointly with other organizations, institutions, bodies and structures of local and central government;
2. Implementing cooperation, coordination and mutual assistance with local, national and international governmental and non-governmental organizations, as well as other associations with similar goals and objectives;
3. Organization and holding meetings for exchange of experience, consultations, educational and training courses, seminars, conferences, congresses, etc.;
4. Develops projects, plans and long-term programs for promotion, spreading and developing the activities of the Association and the village.
5. Creation and maintenance of websites, social media groups, as well as various content formats - posts, videos and the like, to familiarize citizens with the activities, goals, priorities and scope of the Association.
6. Establishing partnerships with state and municipal institutions, governmental and non-governmental Bulgarian and international organizations.
7. Participation in national and international governmental and non-governmental programs and projects, as well as in any other forums and events related to the goals of the Association.

II. MEMBERSHIP

Membership rights and obligations Art. 9. (1) Membership in the association is voluntary. Only legally capable individuals may be members. (2) Any adult who shares the goals of the association and the means to achieve them, and implements its statutes, can be a member of the association. (3) Members of the association do not receive remuneration for their participation, as well as for activities carried out in support of the association, such as accounting services, administrative assistance and other similar activities. Art. 10. Each member of the association has the right:

1. to participate in the activities of the association and in the work of the General Assembly;
2. to be elected to its governing bodies;
3. to exercise control over the work of the association and its management bodies;
4. to be informed about the activities of the association; Art. 11. Each member of the association is obliged:
5. to comply with the Association's Statute and work to achieve its goals;
6. to work to increase the association's assets and raise its public authority. Art. 12. Membership rights and obligations, with the exception of property rights, are non-transferable and do not pass to other persons in the event of death or termination of membership. The fulfillment of membership obligations and the exercise of membership rights may be granted to another person by authorization with an explicit power of attorney with a notarized signature, except in the cases under Art. 18, para. 1.

Obtaining membership Art. 13. Members of the Association are all its founders. New members of the Association are accepted by the Management Board. Candidates submit a written application, accompanied by a recommendation from a current member of the Association, to the Management Board, which considers the application within an indefinite period. The decision to accept a new member of the Association is made by the Management Board with absolute unanimity.

Membership termination Art. 14. (1) Membership shall be terminated:

1. with a unilateral declaration of intent to the association, made at least one month before the date of departure;
2. with death or placement under complete incapacity, the latter circumstance having to be established with the relevant documents;
3. with the exclusion; (2) Upon termination of membership, the property relations between the former member or his successors and the association shall be settled after the adoption of the annual financial report by the general meeting. (3) The decision to expel shall be taken by the Management Board of the Association in the event of conduct that makes further membership incompatible. The decision to expel may be appealed to the General Assembly of the Association.

III. PROPERTY

Property Art. 15. (1) The property of the Association consists of cash, property, rights to movable and immovable property, copyright and other intangible rights, donations, sponsorships, subsidies, income from the activities of the Association, as well as other proceeds permitted by law. (2) The property of the association shall be managed by the Management Board. (3) The general meeting shall take a reasoned decision with absolute unanimity of all members of the association for the free disposal of the association's property in favor of:

1. members of the management board and their spouses, relatives in the direct line without restrictions, in the collateral line up to the fourth degree, or by marriage - up to the second degree inclusive;
2. persons who were members of the management board up to 2 years before the date of adoption of the decision;
3. legal entities that have financed the association up to three years prior to the date of adoption of the decision;
4. legal entities in which the persons under items 1 and 2 are managers or can impose or prevent decision-making.
5. political parties, in the management and control bodies of which members of the management board participate. (4) All income and property of the Association shall be used solely to achieve the goals set forth in this Statute and in accordance with the Law on Non-Profit Legal Entities.

Sources of funds of the association Art. 16. (1) Donations from members of the association. (2) Donations from citizens , foundations, associations and others. (3) The members of the association may provide it with funds in the form of a loan or real estate and individually determined movable property for rent. (4) The amount of interest on loans or rents under paragraph 4 shall be determined by a decision of the Management Board of the association. (5). The association may receive:

1. donations and sponsorship from local and foreign individuals and legal entities;
2. earmarked funds from the state and municipal budgets;
3. income from the management of own property;
4. revenues from various programs and projects, including those financed by the European Union;
5. income from the business activity provided for in this Statute. (6) Other legal means that are not contrary to these Statutes.

IV. MANAGEMENT

Bodies of the association Art. 17. The bodies of the association are the General Assembly and the Management Board.

Composition of the General Assembly Art . 18. All members of the association participate in the General Meeting. The members of the association participate in the General Meeting in person or through a representative.

Representative office Art. 19. (1) Members – individuals shall be represented at the General Meeting by a proxy, by virtue of a written power of attorney, when the authorized person is a lawyer or another member of the association and by a power of attorney with a notarized signature, when the proxy is a person outside the circle of those specified. (2) The powers of attorney must be issued expressly for participation in the General Meeting of the association, and may be issued for a limited or unlimited number of meetings of the meeting. (3) The proxies are not entitled to sub-authorize their rights to third parties. (4) Each proxy may represent no more than three members of the General Meeting.

Competence of the General Assembly Art. 20. The General Assembly:

1. amends and supplements the Association's Statutes;
2. adopts other internal acts;
3. makes a decision to transform or terminate the association;
4. elects and dismisses the members of the Management Board
5. accepts the activity reports of the Management Board and approves the Annual Activity Report and the Annual Financial Statements;
6. approves the association's budget;
7. cancels decisions of the Management Board when they contradict the law , the statutes or other internal acts regulating the activities of the association;
8. releases the members of the Management Board from liability.

Holding a General Meeting Art. 21. (1) The General Meeting shall be held at least once a year – a regular General Meeting. (2) The General Meeting may be convened at any time by the Management Board - an extraordinary General Meeting.

Convening of the General Meeting Art. 22. (1) The General Meeting shall be convened by the Management Board on its own initiative or at the request of one third of the members of the association. If in the latter case the Management Board fails to announce the invitation to convene the General Meeting within two weeks by any of the methods provided for in para. 2, it shall be convened by the court at the registered office of the association at the written request of the interested members or a person authorized by them. (2 ) The convening shall be carried out in one of the following ways at the discretion of the Chairman of the Management Board:

• by written invitation, including by letter with return receipt requested or delivered personally against signature; or
• by placing the invitation in a suitable place for announcements at the address of the Association's management, which is certified by a protocol drawn up by the chairman of the board of directors and any other member of the board of directors, or
  • through an advertisement published in a local newspaper . (3) The invitation shall contain the agenda, date, time and place of the General Meeting and on whose initiative it is being convened. (4) The time from the announcement of the invitation pursuant to paragraph 2 to the day of holding the General Meeting cannot be shorter than 7 (seven) days.

Right to information Art. 23. Written materials related to the agenda of the General Meeting must be made available to the members at the registered office of the Association no later than the date of publication or sending of the invitation to convene the General Meeting. Upon request, they shall be presented to each member free of charge, at the expense of the Association's budget.

Attendance list Art. 24. (1) At the General Meeting a list of the members or their representatives present shall be drawn up. The members and representatives shall certify their presence by signature and shall identify themselves. The list shall be certified by the Chairman and the Minutes-taker of the General Meeting. (2) The list under the previous paragraph shall include the members who have declared their presence by the time of the first vote after the establishment of a quorum.

Quorum Art. 25. The General Meeting may convene if more than half of all members are represented. In the absence of a quorum, the meeting shall be postponed one hour later at the same place and with the same agenda and may be held legally regardless of the number of members represented.

Right to vote Art. 26. Each member of the General Assembly has the right to one vote.

Conflict of interest Art. 27. A member of the general meeting or his representative may not participate in the voting on issues relating to:

1. filing claims against him/her;
2. taking action or refraining from action to fulfill his responsibility to the association.
3. him, his spouse or relatives in the direct line - without restrictions, in the collateral line - up to the fourth degree, or by marriage - up to the second degree inclusive.

Majority Art. 28. (1) The decisions of the General Meeting shall be taken by a majority of those present. (2) Decisions under Article 19, items 1 and 3 shall be taken by a 2/3 majority of those present.

Solutions Art. 29. (1) The General Meeting may not adopt resolutions concerning issues that were not included in the agenda announced in the invitation. (2) The decisions of the General Meeting shall enter into force immediately, unless their effect is postponed or unless another procedure for their entry into force is provided for by law.

Protocol Art. 30. (1) Minutes shall be kept for the meeting of the General Assembly, which shall reflect the discussions that took place, the essence of the proposals and statements made and the decisions taken, and after its preparation the minutes shall be attached to a special book - the Minutes Book of the General Assembly. (2) The minutes of the General Meeting shall be signed by the Chairman and the Minutes Clerk of the Meeting, who shall be responsible for the accuracy of its content. The minutes shall be accompanied by the list of attendees and the documents related to the convening of the General Meeting. (3) Each member of the General Assembly has the right to request and receive copies or extracts from the minutes after they have been drawn up.

Management Board Art. 31. (1) The Association shall be managed and represented by a Management Board. (2) The members of the Management Board are elected by the General Assembly for a term of 5 (five) years. (3) The Management Board is composed of at least three members, who are also members of the association. The General Meeting takes a decision, which simultaneously determines the number of members and elects the composition of the Management Board . (4) The members of the Management Board may be re-elected without limitation.

Rights and obligations of the Management Board Art. 32. (1) The members of the Management Board have equal rights and obligations regardless of the internal distribution of functions among them. (2) The members of the Management Board are obliged to fulfill their duties in the interest of the association and to keep the secrets of the association even after they cease to be members of the board.
(3) The Management Board shall adopt rules for its work and elect from among its members a Chairman and a Deputy Chairman, determining the scope of their representative authority. (4) The Board of Directors meets in regular meetings once a year to discuss the status and development of the association. (5) Any member of the Council may request the Chairman and/or Deputy Chairman to convene a meeting to discuss individual issues. (6) The Management Board shall ensure the management and protection of the property of the association. (7) The Management Board shall adopt the organizational and management structure, the procedure for appointment and dismissal of personnel, the rules for the Management Board shall determine the procedure and organize the performance of the activities of the association. (8) The Management Board shall prepare and submit to the general meeting a report on the activities of the association. (9) The Management Board shall prepare and submit to the general meeting a draft budget. (10) The Management Board ensures the implementation of the decisions of the General Assembly. (11) The Management Board shall discuss and decide on all other issues, except those that fall within the competence of the General Assembly.

Quorum and majority Art. 33. (1) Decisions of the Management Board may be taken if more than half of the members of the Management Board are present at its meeting, in person or represented by another member of the board. No member present may represent more than one absent member. A person with whom there is a two-way telephone or other connection, guaranteeing the establishment of his identity and allowing his participation in the discussion and decision-making, is also present. The vote of this member shall be certified in the minutes by the person presiding over the meeting. (2) Decisions are made with absolute unanimity of those present. (3) The Management Board may make a decision without holding a meeting, if the minutes of the decision are signed without comments or objections by all members of the Management Board. (4) Minutes shall be kept at the meetings of the Management Board, which shall reflect the discussions that took place, the essence of the proposals and statements made and the decisions taken. The minutes shall be certified by the signatures of the Chairman of the Management Board and the minutes-taker , who shall be responsible for the accuracy of their content. The minutes shall be bound in a special book – the Minutes Book of the Management Board. Art. 34. The Management Board is obliged to periodically prepare the reporting information on the activities of the association, as provided for in the Accountancy Act, in compliance with the principles of openness, reliability and timeliness.

Responsibility of the members of the Management Board Art. 35. (1) The members of the Management Board shall be liable for their actions that harm the interests of the association. (2) Any member of the Council may be released from liability if it is established that he/she is not at fault for the damages incurred.

Chairman of the Board of Directors Art. 36. (1) The Chairman of the Management Board shall manage the internal affairs of the association. He shall be obliged at all times to immediately report to the Management Board any circumstances that have arisen that are of essential importance to the association. (2) The Chairman of the Management Board does not have the right to independently alienate and encumber real estate of the association. (3) The Chairman of the Management Board:

1. convenes and chairs the meetings of the Management Board;
2. organizes the implementation of the decisions of the Management Board;
3. organizes the activities of the association, carries out its operational management, ensures the management and protection of its property;
4. concludes employment contracts with the employees of the association;
5. represents the association before third parties independently for the performance of actions and conclusion of transactions, expressly determined by a decision of the Management Board and performs other functions assigned to it by the Management Board or by the General Meeting of the association . In the event of objective impossibility of the Chairman of the Management Board, the Association shall be represented by the Deputy Chairman of the Management Board;
6. immediately report to the Management Board any significant circumstances concerning the activities of the association.

The Deputy Chairman: Art. 37. The Deputy Chairman of the Management Board of the Association:

1. assists the Chairman in his activities;
2. assumes the functions of the Chairman in cases of temporary objective inability of the latter to perform his functions;
3. organizes and is responsible for the administrative activities of the Association;
4. is responsible for the organization and conduct of the meetings of the General Assembly and the Management Board;
5. organizes the implementation of other current tasks assigned to him by the Chairman;
6. The Management Board may assign additional functions and duties to the Deputy Chairman.

V. ANNUAL CLOSING

Annual closing documents Art. 38. Every year by the end of June, the Management Board shall prepare an annual financial statement and an activity report for the past calendar year and present them to independent auditors in the cases provided for by law.

Content of the activity report Art. 39. The activity report must contain data regarding:

1. the essential activities, the funds spent on them, their relationship with the goals and programs of the Association and the results achieved;
2. the amount of property received free of charge and income from other fundraising activities;
3. the type, amount, value and purposes of the donations received and provided, as well as data on the donors;
4. the financial result.

Appointment of independent auditors Art. 40. In cases where the law requires the performance of a mandatory independent audit, the registered auditors shall be appointed by a decision of the Management Board.

Acceptance of the annual closing Art. 41. The annual financial report, the activity report and the report of the registered auditor shall be adopted by the Management Board, after which they shall be submitted for discussion to the regular General Meeting convened for the purpose.

Dividends Article 42. The Association does not distribute profits.

VI. TERMINATION AND LIQUIDATION

Grounds for termination Art. 43. The Association shall be terminated:

1. by decision of the General Assembly;
2. by decision of the district court at the registered office of the association in the cases specified by the Law on Non-Profitable Organizations;

Liquidation Art. 44. (1) Upon termination of the association, liquidation shall be carried out, except in cases of transformation of the association. (2) The liquidation is carried out by the Management Board of the association. or by a person designated by him. (3) The remaining assets after satisfying the creditors are distributed following an absolutely unanimous decision by the Board of Directors.

VII. TRANSITIONAL AND FINAL PROVISIONS

Art. 4 5. Regarding the interpretation or application of the provisions of this statute, the provisions of the general Bulgarian civil legislation and the provisions of the Non-profit Legal Entities Act shall apply.

These statutes were adopted unanimously at the General Meeting of the non-profit association for public benefit " GORNO BELEVO ", held on 26.02.2025 in the village of Gorno Belevo

The official version of the Statute is located in the Commercial Register of the Republic of Bulgaria.