Pronal Smartmetering24sp. z o.o. + limited partnership

Manner of representation

The company is represented by the general partner or the limited partner, as an attorney-in-fact or a commercial proxy. The right of the general partner to represent the company covers all judicial and extrajudicial acts of the company. The general partner, i.e. PRONAL SMARTMETERING 24 spółka z ograniczoną odpowiedzialnością, is represented by the management board. The management board of the general partner consists of two persons: Artur Dalecki and Leopold Rudziński. The method of representation of the general partner is as follows: 1. In the case of a one-person management board, a member of the management board represents the company independently. 2. In the case of a multi-member management board, each member of the management board is entitled to make declarations of will of a non-property nature on behalf of the company independently, whereas declarations of will on behalf of the company concerning the acquisition of rights and incurring obligations are made as follows: 1) for acts in which the value of the obligation or disposal does not exceed PLN 20,000 (twenty thousand złoty) – each member of the management board is entitled to act independently (individual representation); 2) for acts in which the value of the obligation or disposal exceeds PLN 20,000 (twenty thousand złoty) – the joint action of two members of the management board or a member of the management board with a commercial proxy is required (joint representation).