Polskie Stowarzyszenie Inwestorów KapitałowychAssociation

Manner of representation

1. The management board represents the association in court and out of court. 2. In the case of a multi-member management board, the joint action of the President and one member of the management board is required to incur obligations and represent the association. 3. The association may also be represented by attorneys-in-fact appointed by the management board of the association, in particular by the association's Secretary General acting on the basis of a power of attorney. 4. In agreements with members of the management board of the association, the association is represented by an attorney-in-fact appointed by the General Meeting of Members.