Monolith Real Estatesp. z o.o.

Manner of representation

In the case of a one-person management board, the President of the Management Board acting independently is authorised to submit declarations of will, incur obligations, dispose of rights or sign documents on behalf of the company. In the case of a multi-member management board, the President of the Management Board is authorised to submit declarations of will, incur obligations and sign documents on behalf of the company individually and without limitation, whereas each member of the management board is authorised up to the amount of PLN 10,000 (ten thousand złoty) independently, and above that amount two members of the management board acting jointly are authorised. In the case of a multi-member management board, in non-pecuniary matters the company is represented by two members of the management board, or one member of the management board jointly with a commercial proxy.