ARK Solutionssp. z o.o.

Manner of representation

1. The management board consists of one or more members appointed or dismissed by a resolution of the meeting of partners. 2. The number of members of the management board and its personal composition, indicating the functions, are determined by the meeting of partners by way of a resolution. 3. The term of office of the members of the management board is 3 (three) years. The members of the management board are appointed for a joint term of office. The mandate of a member of the management board expires on the date of the meeting of partners approving the financial statements for the last full financial year in which the function of a member of the management board was performed. 4. In agreements between the company and a member of the management board and in disputes with such member, the company is represented by an attorney-in-fact appointed by a resolution of the meeting of partners, acting under the terms determined in the resolution. If a multi-member management board is appointed, the President of the Management Board acting independently, or two members of the management board acting jointly, or a member of the management board jointly with a commercial proxy is authorized to make declarations of will and sign documents on behalf of the company. If a one-person management board is appointed, in addition to the President of the Management Board, two commercial proxies acting jointly are also authorized to make declarations of will and sign on behalf of the company.