diff --git a/CHANGELOG.md b/CHANGELOG.md
index 864f4cc..f5d2382 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+## 1.1.1 (2026-03-13)
+
+* PR #219: Fix `ServiceAccount` creation logic (@Vonmaterhorn)
+
 ## 1.1.0 (2025-09-29)
 
 * PR #211: Add support for using existing PriorityClass (@dibaro)
diff --git a/imgproxy/Chart.yaml b/imgproxy/Chart.yaml
index ef81577..42fae65 100644
--- a/imgproxy/Chart.yaml
+++ b/imgproxy/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v1
 description: A fast and secure standalone server for resizing and converting remote images. The main principles of imgproxy are simplicity, speed, and security.
 name: imgproxy
 icon: https://cdn.rawgit.com/imgproxy/imgproxy/master/logo.svg
-version: 1.1.0
+version: 1.1.1
 appVersion: 3.30.0
 keywords:
   - imgproxy
diff --git a/imgproxy/templates/_helpers.tpl b/imgproxy/templates/_helpers.tpl
index 81c8063..c142b59 100644
--- a/imgproxy/templates/_helpers.tpl
+++ b/imgproxy/templates/_helpers.tpl
@@ -47,7 +47,7 @@ Template to decide if the serviceAccount must be built
 {{-   if (and $useExistingName $useIamRole) -}}
 {{-     fail "Cannot add IAM Role authentication to the external service account (check .resources.serviceAccount)" -}}
 {{-   end -}}
-{{-   (not $useExistingName | and (or $useAnnotations $useIamRole)) }}
+{{-   (not $useExistingName) }}
 {{- end }}
 {{- end }}