DOM Weselny Sylwia D. Tokarzsp. j.

Manner of representation

Each partner is entitled to represent the company, except in cases where joint representation is required, namely: a) disposing of, acquiring or encumbering, under any title, real estate, perpetual usufruct or an interest in real estate, or undertaking to perform such acts; b) disposing of or leasing the enterprise or its organised part, and establishing a limited property right over them, or undertaking to perform such acts; c) making declarations of will and incurring liabilities by the company with a value exceeding PLN 200,000 (two hundred thousand złoty); d) granting a power of attorney to conduct affairs exceeding the scope of the ordinary activities of the company. In view of the fact that the partner is a legal person–BS 50 BILSTAD AS with its registered office in Oslo, Kingdom of Norway, a joint-stock company under Norwegian law–the person authorised to represent this partner in the company, in accordance with the rules of representation disclosed in the relevant register of business entities of the Kingdom of Norway, is personally the President of the Management Board of BS 50 BILSTAD AS, LARS SIGVE BILSTAD.