Verde Propertiessp. z o.o.

Manner of representation

If a one-person management board is appointed, the company is represented by a member of the management board independently, regardless of the function performed by that member, or by a commercial proxy independently. If a multi-member management board is appointed, the following persons are authorised to represent the company and make declarations of will on behalf of the company: in property matters: a) in matters where the value of the disposition or liability incurred does not exceed PLN 100,000.00 (in words: one hundred thousand zlotys) – each member of the management board independently; b) in matters where the value of the disposition or liability incurred exceeds PLN 100,000.00 (in words: one hundred thousand zlotys) – two members of the management board or one member of the management board jointly with a commercial proxy; in non-property matters, each member of the management board independently.