Banking Circle S.A. (Spółka Akcyjna)Branch (foreign co.)

Manner of representation

Pursuant to Article 12 of the articles of association, the company may be represented by: 1. if the company has one (1) member of the management board – such member of the management board independently; 2. if the company has more than one (1) member of the management board, any two (2) members of the management board jointly, and if the shareholders have adopted a decision to appoint category A members of the management board and category B members of the management board – one (1) category A member of the management board or one (1) category A member together with two (2) category B members; 3. if the company has a management committee (as defined in Article 11.2.1 of the articles of association) – each member of the management committee, who may act independently or jointly to the extent that powers have been delegated to such management committee pursuant to Article 11.2.1 of the articles of association; 4. all members of the management board; 5. independently, the managing director (as defined in Article 11.1.1 of the articles of association), within the scope of the powers delegated to him pursuant to Article 11.1 of the articles of association; or 6. independently, any person to whom such powers have been delegated pursuant to Article 11.3 of the articles of association; 7. specific employees of the company indicated in the company’s signatory book, to the extent that such power has been delegated to them pursuant to Article 11.1.1 or Article 11.2.1 of the articles of association.