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Information for decisions of the General Meeting of the Shareholders

Pursuant to art. 17 of Regulation (EU) No. 596/ 2014 on market abuse (“Regulation (EU) No. 596/ 2014”), the Bulgarian-American Credit Bank hereby notifies for facts, circumstances and information which represent inside information” under art. 17 of Regulation (EU) No. 596/ 2014, as follows:

On May 20 2025 the Annual General Meeting of the Shareholders of BACB, Unique identifier of the event BACB20052025AGMS, took place. The GMS adopted the following decisions:

  1. Approved the (1) Audited BACB Annual Consolidated Financial Statements for 2024 and the Annual Consolidated Management Report of BACB for 2024, together with Independent Auditors’ Report, (2) Audited BACB Annual Financial Statements for 2024 and the Annual Management Report of BACB for 2024, together with Independent Auditors’ Report and (3) the Report on the implementation of BACB Remuneration Policy in 2024;
  2. Adopt a decision for the distribution of the profit of BACB AD for the financial year 2024, after taxation in the amount of BGN 48,394,911.33 (forty eight million three hundred and ninety four thousand nine hundred and eleven leva and thirty three cents/stotinki) to be retained as “Retained earnings from previous periods”.
  3. Appointed “Ernst&Young Audit” OOD, UIC 130972874 and “BDO Afa” OOD, UIC 030278596 as auditors for joint independent financial audit of the annual Financial Statements of Bulgarian-American Credit Bank, individual and consolidated, for the financial year 2025;
  4. Re-elected the members of the Audit Committee Mr. Martin Boychev Ganev (Chair of the Audit Committee), Mr. Petar Georgiev Atanasov and Ms. Sevdalina Velkova Paskaleva for a new three-year term of office as members of the Audit Committee

In addition to the above, the General Meeting adopted decisions under the rest of the prior announced agenda, approving the proposals included in the Agenda and the Agenda Materials of the meeting.

The minutes of the meeting of the General Meeting of the Shareholders, Unique identifier of the event BACB20052025AGMS, will be disclosed within the regulatory deadline.

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