Borsuk Logisticssp. z o.o.

Manner of representation

For making declarations concerning the company's proprietary and non-proprietary rights and obligations and for signing documents on behalf of the company, each member of the management board acting independently and individually or a commercial proxy appointed independently and individually is authorized, provided that, for the company to incur a single aggregate obligation exceeding the PLN equivalent of EUR 25,000 (twenty-five thousand euros), calculated at the average exchange rate for foreign currencies announced by the National Bank of Poland and applicable on the last business day preceding the date on which the obligation is incurred, the following is authorized: 1. in the case of a one-person management board, the President of the Management Board independently and individually; 2. in the case of a multi-member management board, two members of the management board, including the President of the Management Board, or the President of the Management Board jointly with a commercial proxy. In the case of agreements entered into by the company in which the value of the company's obligation is not specified unambiguously, such value shall be deemed to be the amount corresponding to the company's aggregate monetary obligation due for a period of twelve consecutive months of the agreement's term, and in the case of agreements performed for a shorter period, the value of the company's monetary obligation for the entire term of that agreement shall be deemed to apply.