Smooth Venturessp. z o.o. + limited partnership

Manner of representation

The general partner authorized to represent the company in all judicial and extrajudicial matters is Smooth Ventures spółka z ograniczoną odpowiedzialnością, in accordance with the rules of its representation. In accordance with the rules of representation of the general partner, namely Smooth Ventures spółka z ograniczoną odpowiedzialnością, in the case of a one-person management board, the President of the Management Board acting independently is authorized to make declarations on behalf of the company; however, for acts creating obligations or involving disposal whose value exceeds PLN 50,000, the company must be represented by the President of the Management Board acting jointly with a commercial proxy. In the case of a multi-member management board, two members of the management board acting jointly or a member of the management board acting jointly with a commercial proxy are authorized to make declarations on behalf of the company.