Estigosp. z o.o.

Manner of representation

The company is represented, including for the purpose of making declarations of will on behalf of the company, by: 1. in the case of a one-person management board – that sole member of the management board independently; 2. in the case of a multi-member management board – each member of the management board acting independently; however, in the case of disposing of a right or incurring an obligation with a value exceeding PLN 30,000.00 (thirty thousand zloty) gross, by two members of the management board acting jointly, whereby, in the case of continuous obligations and dispositions, the amount of the obligation or disposition for the entire term of the agreement (in the case of agreements concluded for a definite period) or for a period of one year (in the case of agreements concluded for an indefinite period) shall be taken into account; 3. irrespective of the number of members of the management board – where the subject matter of the transaction performed on behalf of the company is the conclusion of a real estate brokerage agreement, each member of the management board is entitled to act independently, irrespective of the value of the performance.