Financial operations service fees

Classic Brokerage services (order issuance by phone)

Minimum investment amount 10 000 USD

Terms and conditions for REPO transactions

Equities
Exchange/Country Fee Minimum fee per order
Moscow Exchange/Russia * 0.20% of deal amount  750 RUB
RTS/Russia * 0.30% of deal amount 50 USD
Borsa de Madrid/Spain * 0.30% of deal amount 25 EUR
LSE IOB/London 0.30% of deal amount  35 USD
Xetra/Germany ** 0.30% of deal amount  25 EUR
Borsa Italiana/Milan ** 0.30% of deal amount  25 EUR
Euronext/France ** 0.30% of deal amount  25 EUR
SIX/Switzerland 0.30% of deal amount 30 CHF
Euronext/Netherlands 0.30% of deal amount 25 EUR
Warsaw/Poland 0.40% of deal amount  50 EUR
Nasdaq OMX/Finland 0.30% of deal amount 25 EUR
Nasdaq OMX/Sweden 0.30% of deal amount 25 EUR
Nasdaq OMX/Norway 0.30% of deal amount 200 NOK
Nasdaq OMX/Denmark 0.30% of deal amount 25 EUR
Nasdaq OMX/Belgium ** 0.30% of deal amount 25 EUR
Nasdaq OMX Riga 0.35% of deal amount 5,70 EUR
Tiešais darījums Nasdaq OMX Riga 0.20% of deal amount 5,70 EUR
ASX/Australia 0.35% of deal amount 45 AUD
Toronto/Canada 0.40% of deal amount  40 CAD
NYSE, Nasdaq/USA *** 0.025 USD per share  35 USD
Hong Kong **** 0.30% of deal amount 300 HKD/40 USD
OTCBB/USA upon request
Short-selling upon request

* Indicated commissions do not include Stock Exchange and other fees (commissions) occurred when executing clients’ orders; these commissions are paid by the client separately.

** Indicated commissions do not include European FTT (Financial Transaction Tax) in the amount of 0.2% of the transaction value. These taxes apply only on purchase of shares.

*** Third party commissions, as well as the French FTT (Financial Transaction Tax) on ADR (American Depositary Receipts) security purchases (0.2% from purchase value), are paid by the client separately.

**** Indicated commission do not include Stamp duty of the state in the amount of 0.1% of deal amount; this commission are paid by the Client separately.

Bonds *
Service Fee Minimum fee per order
Foreign sovereign bonds 0,08% of deal amount 40 USD/35 EUR/40 CHF
Foreign corporate bonds 0,08% of deal amount 40 USD/35 EUR/40 CHF
Russian Eurobonds 0,08% of deal amount  40 USD
Russian corporate bonds, denominated in rubles 0,20% of deal amount 1400 RUB
Russian Federal Bonds - OFZ 0,20% of deal amount  1400 RUB
Latvian bonds 0,10% of deal amount  10 EUR
AS Norvik Banka subordinated bonds (secondary market) by prior agreement  100 EUR

* Indicated commissions do not include DVP, Exchange and other fees (commissions) occurred when executing clients’ orders; these commissions are paid by the client separately.

Futures**
Service Fee (per side)
Futures on USA Exchanges (CME/CBOT/NYMEX/ICE) 15 USD/15 EUR/15 CHF per contract
CME Bitcoin 40 USD per contract
FORTS Futures * 10 RUB per contract

* Indicated commissions do not include Exchange and other fees (commissions) occurred when executing clients’ order; these commissions are paid by the Client separately.
** Bank detains 20 USD/EUR/CHF or 100 RUB for forced position closure in futures contracts.

Options**
Service Fee (per side) Minimum fee per order
Options on USA Stock Exchanges 5 USD per option 30 USD
Options on Futures 15 USD per option  30 USD
FORTS Options * 10 RUB per option

* Indicated commissions do not include Exchange and other fees (commissions) occurred when executing clients’ order; these commissions are paid by the client separately.
** Bank detains 20 USD/EUR/CHF or 100 RUB for forced position closure in options.

Funds
Fund name Fee (purchase) Fee (sale) Fee (transfer within NORVIK funds)
Deals with fund shares of the issuers of the Republic of Latvia (excluding fund shares issued by JSC “Norvik IPS”) 0,35% 0,35% -

Classic Brokerage services (order issuance by phone)

Minimum investment amount 10 000 USD

Terms and conditions for REPO transactions

Equities
Exchange/Country Fee Minimum fee per order
Moscow Exchange/Russia * 0.20% of deal amount  750 RUB
RTS/Russia * 0.30% of deal amount 50 USD
Borsa de Madrid/Spain * 0.30% of deal amount 25 EUR
LSE IOB/London 0.30% of deal amount  35 USD
Xetra/Germany ** 0.30% of deal amount  25 EUR
Borsa Italiana/Milan ** 0.30% of deal amount  25 EUR
Euronext/France ** 0.30% of deal amount  25 EUR
SIX/Switzerland 0.30% of deal amount 30 CHF
Euronext/Netherlands 0.30% of deal amount 25 EUR
Warsaw/Poland 0.40% of deal amount  50 EUR
Nasdaq OMX/Finland 0.30% of deal amount 25 EUR
Nasdaq OMX/Sweden 0.30% of deal amount 25 EUR
Nasdaq OMX/Norway 0.30% of deal amount 200 NOK
Nasdaq OMX/Denmark 0.30% of deal amount 25 EUR
Nasdaq OMX/Belgium ** 0.30% of deal amount 25 EUR
Nasdaq OMX Riga 0.35% of deal amount 5,70 EUR
Tiešais darījums Nasdaq OMX Riga 0.20% of deal amount 5,70 EUR
ASX/Australia 0.35% of deal amount 45 AUD
Toronto/Canada 0.40% of deal amount  40 CAD
NYSE, Nasdaq/USA *** 0.025 USD per share  35 USD
Hong Kong **** 0.30% of deal amount 300 HKD/40 USD
OTCBB/USA upon request
Short-selling upon request

* Indicated commissions do not include Stock Exchange and other fees (commissions) occurred when executing clients’ orders; these commissions are paid by the client separately.

** Indicated commissions do not include European FTT (Financial Transaction Tax) in the amount of 0.2% of the transaction value. These taxes apply only on purchase of shares.

*** Third party commissions, as well as the French FTT (Financial Transaction Tax) on ADR (American Depositary Receipts) security purchases (0.2% from purchase value), are paid by the client separately.

**** Indicated commission do not include Stamp duty of the state in the amount of 0.1% of deal amount; this commission are paid by the Client separately.

Bonds
Service Fee Minimum fee per order
Foreign sovereign bonds 0,08% of deal amount 40 USD/35 EUR/40 CHF
Foreign corporate bonds 0,08% of deal amount 40 USD/35 EUR/40 CHF
Russian Eurobonds 0,08% of deal amount  40 USD
Russian corporate bonds, denominated in rubles 0,20% of deal amount 1400 RUB
Russian Federal Bonds - OFZ * 0,20% of deal amount  1400 RUB
Latvian bonds 0,10% of deal amount  10 EUR

* Indicated commissions do not include Exchange and other fees (commissions) occurred when executing clients’ orders; these commissions are paid by the client separately.

Futures**
Service Fee (per side)
Futures on USA Exchanges (CME/CBOT/NYMEX/ICE) 15 USD/15 EUR/15 CHF per contract
FORTS Futures * 10 RUB per contract

* Indicated commissions do not include Exchange and other fees (commissions) occurred when executing clients’ order; these commissions are paid by the Client separately.
** Bank detains 20 USD/EUR/CHF or 100 RUB for forced position closure in futures contracts.

Options**
Service Fee (per side) Minimum fee per order
Options on USA Stock Exchanges 5 USD per option 30 USD
Options on Futures 15 USD per option  30 USD
FORTS Options * 10 RUB per option

* Indicated commissions do not include Exchange and other fees (commissions) occurred when executing clients’ order; these commissions are paid by the client separately.
** Bank detains 20 USD/EUR/CHF or 100 RUB for forced position closure in options.

Funds
Fund name Fee (purchase) Fee (sale) Fee (transfer within NORVIK funds)
Deals with fund shares of the issuers of the Republic of Latvia (excluding fund shares issued by JSC “Norvik IPS”) 0,35% 0,35% -
Legal Entity Identifier
Service Fee
Registration of LEI number 150 EUR
Yearly administration and prolongation of LEI number 100 EUR