BFJ 2sp. z o.o.

Manner of representation

§21: 1. The management board manages the day-to-day activities of the company and represents it externally. 2. Partners as well as persons from outside the group of partners may be appointed to the management board. 3. The management board consists of 1 (one) to 5 (five) members appointed and dismissed by the meeting of partners for an indefinite term. The application to the management board of Article 202 sections 1 and 2 of the Code of Commercial Companies is excluded. 4. In the case of a multi-member management board, the company is represented by the President of the Management Board acting independently, or by two members of the management board acting jointly, or by one member of the management board acting jointly with a commercial proxy. 5. The responsibilities of the management board include all matters related to the company’s activities not reserved by law or by these Articles of Association to the exclusive competence of the meeting of partners.