Przedsiębiorstwo Produkcyjno-Usługowe Kamasp. z o.o.

Manner of representation

In the case of a one-person management board, the company is represented by one member of the management board. In the case of a multi-member management board, each member of the management board is authorized to submit declarations of will on behalf of the company in matters related to the company’s day-to-day operations, that is, in matters concerning ordering goods for trading, current fees and liabilities towards contractors and employees, with the exception of the following decisions, which require a declaration of will by two members of the management board or by one member of the management board jointly with a commercial proxy: - purchase of fixed assets, - incurring any loans, credits, civil and bill guarantees, pledges, transfers of ownership by way of security, and establishment of any other security in favour of third parties, - sale of all tangible and intangible components of the company’s assets, - issuing bills of exchange of any kind.