General Assembly Invitation - 25.11.2026

The Managing Board of The Collecting Society of Neighbouring Rights of Phonogram and Music Video Producers and Performing Artists in Private Interest – PROPHON hereby convenes an Extraordinary General Assembly meeting on 25 November 2026 (Wednesday) at 9:00 AM at Sopharma Event Center, Hall 1, 5 Lachezar Stanchev Street, Sofia, with the following

 

AGENDA:

 

1. Presentation of the results of the review of the reports submitted by the beneficiaries of PROPHON’s funds for 2025.

2. Decision on the funds for 2025 and 2026, in accordance with Resolution No. 8 of the General Assembly of 29 April 2026.

3. Discussion and adoption of criteria for funding and reporting by beneficiaries of PROPHON funds.

4. Any other business

Pursuant to Art. 27 of the Non-Profit Legal Entities Act and Art. 23, par. 2 of PROPHON’s Statute, in the event that a quorum is not present, the General Assembly shall be postponed for one hour and shall be held at 10:00 a.m. at the same venue and with the same agenda, regardless of the number of members present.

Pursuant to Art. 22 of PROPHON’s Statute, this notice was published on 23 October 2026 on PROPHON’s official website. (www.prophon.org) 

REPRESENTATION

Member of the Society can be represented at the General Assembly meeting, based on proxy authentication, to represent an individual or a legal entity.

In case you will not be able to attend the General Assembly meeting of PROPHON, and wish to authorise a representative to attend and vote on your behalf, please note that your proxy must submit an explicit written Power of attorney to the Registry, prior to the beginning of the meeting, valid for the particular meeting of the General Assembly and determining the right of the representative. For your convenience, please use the appropriate Power of Attorney document:

·  Example bilingual power of attorney for an individual (BG/EN)

·  Example bilingual power of attorney for a legal entity (BG/EN)

When authorising on behalf of a member, with company registration outside Bulgaria, the bilingual power of attorney document should be accompanied by:

·  A certificate from the relevant foreign trade register, proving that the authoriser has the power to represent the respective company, accompanied by translation of the document in Bulgarian with notary certification.

In case of authorisation, keep in mind the provision of Art. 24, para. 7 of the Statute of PROPHON for the existence of a conflict of interest. ("A conflict of interest exists whenever the authoriser and the authorized person belong to different categories or groups of right holders. Representatives of members of the General Assembly cannot be individuals who are considered related parties under the Commerce Act to entities, which are users under the CNRA, as well as individuals who are connected in other way with such users, including individuals who participate in any way in users’ organizations, or are agents, consultants, external associates of such users or their organisations.")

Here you can find the complete list of members of PROPHON and in what capacity they are members of the Society.

 

Sincerely, 

PROPHON’s Managing Board