Fundacja Communitas SpeiFoundation

Manner of representation

1. Declarations of will on behalf of the foundation in all non-property matters are made by each member of the Management Board independently. 2. In matters concerning the employment of employees and in matters related to incurring property liabilities up to the amount of PLN 100,000.00 (in words: one hundred thousand zlotys), declarations of will on behalf of the foundation may be made by each member of the Management Board independently. 3. In matters related to incurring property liabilities exceeding PLN 100,000.00 (in words: one hundred thousand zlotys), declarations of will on behalf of the foundation may be made by the President of the foundation’s Management Board independently, the Vice-President of the foundation’s Management Board, or two members of the foundation’s Management Board acting jointly.