Mycelionssp. z o.o.

Manner of representation

In the case of a one-person management board, the sole member of the management board is entitled to represent the company independently. In the case of a multi-member management board to which no member of the management board has been appointed to the position of Financial Director, each member of the management board may represent the company independently in legal transactions concerning the acquisition of a right or the incurring of an obligation up to an amount not exceeding PLN 50,000. Transactions exceeding this value require the joint action of two members of the management board. In the case of a management board to which a member of the management board has been appointed to the position of Financial Director, all transactions require the joint action of one member of the management board and the Financial Director for the company to be represented. In other matters, the joint action of two members of the management board or one member of the management board jointly with the commercial proxy is required.