Energiasp. z o.o.

Manner of representation

1. If a one-person management board is appointed, the President of the Management Board is authorised to make declarations of will independently, except where the law requires prior consent or a resolution of the meeting of partners or other bodies. 2. In the case of a multi-member management board, the following persons are authorised to make declarations of will concerning the company's property rights and obligations: each member of the management board independently when incurring obligations or disposing of the company's assets up to an amount equivalent to EUR 25,000, and above that amount, two members of the management board or one member of the management board jointly with a commercial proxy. 3. In non-property matters, in the case of a multi-member management board, the making of declarations of will on behalf of the company requires the joint action of two members of the management board, or one member of the management board jointly with a commercial proxy.