Focus Forumsp. z o.o.

Manner of representation

The company is represented and declarations of will are made on behalf of the company by: 1. in the event of a one-person management board: the President of the Management Board independently; 2. in the event of a two- or three-member management board: a) the President of the Management Board or the Vice-President of the Management Board: independently when disposing of a right or incurring pecuniary obligations involving a performance not exceeding PLN 1,000,000.00 (one million zlotys); jointly by two persons when disposing of a right or incurring pecuniary obligations involving a performance exceeding PLN 1,000,000.00 (one million zlotys); b) a member of the management board who is neither the President of the Management Board nor the Vice-President of the Management Board: independently when disposing of a right or incurring pecuniary obligations involving a performance not exceeding PLN 50,000.00 (fifty thousand zlotys); jointly by two persons with the President of the Management Board or the Vice-President of the Management Board when disposing of a right or incurring pecuniary obligations involving a performance exceeding PLN 50,000.00 (fifty thousand zlotys) and at the same time not exceeding PLN 1,000,000.00 (one million zlotys); jointly by three persons with the President of the Management Board and the Vice-President of the Management Board when disposing of a right or incurring pecuniary obligations involving a performance exceeding PLN 1,000,000.00 (one million zlotys).