Multifood Stp - Północsp. z o.o.

Manner of representation

In the case of a one-person management board, each member of the management board is authorized independently to make declarations and sign on behalf of the company. In the case of a multi-member management board, the President of the Management Board has the right to represent the company independently, while each member of the management board has the right to represent the company independently; however, when concluding agreements and incurring liabilities (including loans) involving declarations whose value exceeds PLN 200,000.00 (two hundred thousand zloty), the joint action of two members of the management board, or of a member of the management board jointly with a commercial proxy, is required.