Bellissima Aesthetic Medicine ClinicP.S.A.

Manner of representation

1. If the board of directors consists of one person, the action of the sole director is sufficient to submit declarations on behalf of the company. However, if the value of a legal transaction exceeds PLN 500,000.00 (in words: five hundred thousand złoty 00/100), a resolution of the shareholders adopted by a simple majority of votes is additionally required. 2. If the board of directors consists of several persons, for submitting declarations on behalf of the company, incurring obligations or disposing of rights, where their value exceeds PLN 100,000.00 (in words: one hundred thousand złoty 00/100), the action of at least two directors is required. However, if the value of a legal transaction exceeds PLN 500,000.00 (in words: five hundred thousand złoty 00/100), a resolution of three-fifths of the shareholders adopted by a simple majority of votes is additionally required. The above monetary limits also apply to a series of transactions of a similar nature or concerning the same subject matter carried out during a given financial year.