Golden Gate International Spółka Handlowa z Ograniczoną Odpowiedzialnością, Oddział w PolsceBranch (foreign co.) in liquidation

Manner of representation

The managers represent the company with full authority in its relations with third parties and authorities, within the limits of the law and the powers granted to them by the partners. The managers shall ensure that the company's activities are conducted in compliance with the applicable law, shall sign all documents issued by the company, shall implement the resolutions of the general meeting of partners and shall perform their duties in accordance with Law No. 31/1990. The managers have the right to represent the company with full authority in its relations with the bank. In this context, the manager has the right to conduct operations on existing bank accounts or open new accounts, deposit, select, transfer or liquidate funds, inspect and receive them, and confirm bank statements and reports, within the limits and following prior authorisation by the meeting of partners. The managers shall ensure the current maintenance of the lists and registers necessary for the proper functioning of the company (Article 11 of the Articles of Association).