Estratolsp. z o.o.

Manner of representation

1. If a multi-member management board is appointed, for submitting declarations concerning proprietary rights and obligations and signing documents on behalf of the company that result in the disposal of a right with a value not exceeding the PLN equivalent of PLN 500,000, inclusive, or in the creation of an obligation to provide a performance with a PLN equivalent of up to PLN 500,000, inclusive, the President of the Management Board and the individual members of the company’s management board are authorized independently, as are a commercial proxy or an attorney-in-fact acting within the scope of their authority together with the President or a member. 2. If a multi-member management board is appointed, for submitting declarations concerning proprietary rights and obligations and signing documents on behalf of the company that result in the disposal of a right with a value exceeding the PLN equivalent of PLN 500,000 or in the creation of an obligation to provide a performance with a PLN equivalent exceeding PLN 500,000, the joint action of two members of the management board, or of a member of the management board acting together with a commercial proxy or an attorney-in-fact within the scope of their authority, is required. 3. For submitting declarations of will and signing documents in non-proprietary matters, each member of the management board, a commercial proxy and an attorney-in-fact within the scope of their authority are authorized independently.