Investment and Financial Instrument Account maintenance

Service	Fee
1. PNB Banka investment and Financial Instrument account opening
- at the Bank	EUR 100
- remotely	free of charge
2. Financial Instruments transfer from other accounts to PNB Banka () (*)	according to actual costs
3. Financial Instruments transfer from PNB Banka	1% of market value (min. EUR 100)
4. Financial Instruments transfer within accounts in PNB Banka	according to relevant depositary’s actual fees
5. Financial Instruments account maintenance, of balance value at the end of month (foreign financial instruments) ***	0.02% (min. EUR 1)
5.1. Custody comission for bonds, if the issuer of those securities is in a state of bankruptcy (defaulted)	0.005% of face value at the end of month (min. EUR 15) for each ISIN code
6. Financial Instruments account maintenance, of balance value at the end of month (financial instruments of the Republic of Latvia)
- shares of the Republic of Latvia	EUR 2 + 0.008%
- Latvian government’s debt instruments	EUR 2 + 0.002%
- debt liabilities of other Latvian issuers	EUR 2 + 0.005%
- Bonds issued by PNB Banka	free of charge
7. Account statement in Internetbank	free of charge
8. Deal confirmation in Internetbank	free of charge
9. Customized reports upon request	EUR 100 including VAT (per document)
10. Blocking of securities for shareholders meeting (foreign issuers)	EUR 10
11. Participation in corporate actions (conversion of bonds/rights for stock and so on)	EUR 50
12. Transactions of coupon payments, securities buybacks, securities redemptions ****	EUR 25
13. Debit rate for short position in liquid stocks, quoted in EUR or USD on the European Stock Market	10% per year
14. Transaction maintenance on NASDAQ OMX Riga:
- Deregistration	EUR 15
- Financial Instruments transfer from PNB Banka	EUR 15
- DVP support for direct deals	EUR 6
15. Reduction of tax payments in accordance with the intergovernmental treaties on double tax avoidance	EUR 30 (including VAT 21%)
16. Filling for tax benefits on US Registered Bonds:
- Submission and view of W-8BEN, W-8BEN-E	EUR 100
- Coupon payment	EUR 150
17. Documents delivery by post	according to actual costs
18. Account closing	free of charge
19. Execution of a limit order for bonds trading (OTC), denominated in different currencies, at the actual execution price for professional clients	50% of the difference between the price in the limited order of the client and the price of the actual execution.
20. REPO transactions	EUR 30

* Third parties commissions are paid separately.

** With the exception of bonds denominated in Russian Rubles.
NOTE: If the client transfers to his financial instruments account the bonds denominated in Russian Rubles , the tariff for transfer to the account will be set individually.

*** Comission for securities is held at the actual bank costs, if the issuer of those securities is in a state of bankruptcy (defaulted).

**** Commission is not applicable to Russian Ruble-denominated bonds, which are traded on the MOEX exchange.

Investment and Financial Instrument Account maintenance

+371 67041100 (I-V 9:00-13:00)

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