PRICE LIST... 1 ACCOUNTS AND ACCOUNT INFORMATION... 2 CURRENT ACCOUNT INTEREST... 4 BANK TRANSFERS... 5 CASH OPERATIONS... 7 CHEQUES...

Price List PRICE LIST... 1 ACCOUNTS AND ACCOUNT INFORMATION... 2 CURRENT ACCOUNT INTEREST... 4 BANK TRANSFERS... 5 CASH OPERATIONS... 7 CHEQUES... 9 DEBIT CARDS... 10 CREDIT CARDS... 14 LOAN... 18 FACTORING... 23 LEASING... 24 TRANSACTIONS IN SECURITIES... 29 TRANSACTIONS IN DERIVATIVE INSTRUMENTS... 40 MANDATORY FUNDED PENSION... 42 ELECTRONIC CHANNELS... 43 DOCUMENTARY CREDITS, COLLECTIONS AND GUARANTEES... 45 ADDITIONAL SERVICES... 49 SERVICES FOR MERCHANTS AND SERVICE ENTERPRISES... 52 MATURITIES OF SERVICES... 51 1/56

Accounts and account information OPENING ACCOUNTS Effective as of 01.09.2015 1. Current account (1) 1.1 Private person 1.1.1 for Estonian and EU member state (including Norway, Iceland, Liechtenstein, Switzerland) resident free of charge 1.1.2 for another country resident 200 1.2 Legal person 1.2.1 for a legal person registered in Estonia free of charge 1.2.2 for a legal person registered in an EU member state (except Cyprus, Luxembourg, Malta, United Kingtom) or Norway 1.2.3 for a legal person registered in another country (including Cyprus, Luxembourg, Malta, United Kingtom) 30 400 2. Opening an account in a foreign bank through Swedbank 150 + courier service fee (3) 2.1 Via Unicash partner bank 2.1.1 opening an account free of charge 2.1.2 monthly fee (includes sending SWIFT MT940 free of charge) 45 2.2 Opening an account in banks of Swedbank Group through Swedbank Estonia 60 + courier service fee (3) 2.3 Entry into additional contracts, amendments and specimen signature cards in a foreign bank and a bank of the Swedbank Group through Swedbank Estonia (2) 2.4 Sending identification tools and cards to foreign banks and banks of the Swedbank Group through Swedbank Estonia (2) 15 + courier service fee (3) 15 + courier service fee (3) 3. Opening a start-up account free of charge 4. Deposits free of charge 4.1 opening a current account for a depositor free of charge (1) The first debit card related to the account is free of charge. (2) For a customer of Swedbank Estonia whose account is with a foreign bank or Swedbank Group and for a customer of a foreign bank or Swedbank Group whose account is with Swedbank Estonia. (3) According to courier service provider. Note about the Price List: The bank debits the service fees in euros. The percentage-based service fee of foreign currency transactions is converted into euros on the basis of the exchange rate of European Central Bank. If the sum available on the account in euros is insufficient to cover the service fee, the missing amount is converted from the foreign currency sum kept on the account based on the exchange rate determined by Swedbank. CLOSING ACCOUNTS Effective as of 30.06.2014 Disbursement of payments made to a private person s closed account Direction of payments to a Swedbank account within 1 month as of closure of the account Direction of payments to an account with another Estonian bank within 1 month as of closure of the account free of charge fee of the domestic payment in a branch 2/56

ACCOUNT INFORMATION Effective as of 01.09.2015 1. Account statement 1.1 From a branch 4 1.2 By post - a decade, monthly and annual statement to Estonia 2 - a quarterly statement to a private person to Estonia free of charge - a quarterly statement to a legal person to Estonia 2 - abroad 4 1.3 By fax - to Estonia 2 - abroad 4 1.4 From Internetbank free of charge 2. Balance query and statement (in Estonia) - from a Swedbank ATM free of charge - from ATMs of other banks 0,32 /query 3. Monthly fee of Baltic Reports in internet-bank for business clients (1) 13 3.1 Monthly fee of Baltic Reports for the customers of the group account module in internet-bank for business clients (1) 6,40 4. Current account default interest rate 0.2% a day 5. Monthly account fee of non-resident legal persons registered outside the EU Member States and Norway (excl. financial institutions) Monthly account fee expandens also for non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom 50 (1) Baltic Reports means a daily consolidated report of the balance of funds on current and group accounts and in the overnight deposit opened in Swedbank (Estonia, Latvia, Lithuania) of a company or companies belonging to the same group. GROUP ACCOUNT Effective as of 01.09.2015 Fees of a group account and members thereof - Opening a group account 200 - Annual fee of a group account 190 - Annual fee for a sub-group account 190 - Opening a sub-group account 63 - Amendment of a group account agreement and a sub-group account agreement 25 - Monthly fee per group member 12 Intra-group automatic transactions - Automatic intra-group zero balancing transfer between accounts in euros or a foreign currency 0,16 - Automatic intra-group interest transfer in euros and a foreign currency 0,16 Group administration and reporting service in channels - Monthly fee of the group account module in internet-bank for business clients 20 - Baltic Reports in electronic channels (1) - Monthly fee of Baltic Reports in internet-bank for business clients 13 - Monthly fee of Baltic Reports for the customers of the group account module in internet-bank for business clients 6,40 (1) Baltic Reports means a daily consolidated report of the balance of funds on current and group accounts and in the overnight deposit opened in Swedbank (Estonia, Latvia, Lithuania) of a company or companies belonging to the same group. 3/56

Current account interest Effective as of 01.01.2015 Currency Annual interest rate AUD 0% CAD 0% CHF 0% CZK 0% DKK 0% EUR 0.01% GBP 0% JPY 0% NOK 0% PLN 0% RUB 0% SEK 0% USD 0% 1. Current account interest is presented as a percentage on a basis of year (360 days). 2. Interest is calculated on the account balance as of the end of day and is roundes to two places after the decimal point. 3. Interest calculated on current accounts is transferred to accounts once a month not later than on the third day following the calculating month. 4. Interest calculated over month that remains below 0,05 is not paid out or transferred into the next month. 4/56

Bank transfers Effective as of 15.12.2015 1.PAYMENTS IN EUROS In a branch and telephone bank In the Internet bank for privat clients, Internet bank for business clients, Swedbank Gateway In an ATM 1.1 Intra-bank payment 1.1.1 Intra-bank payment 2,30 1.1.1 Intra-bank incoming payment free of charge 1.2 Domestic payment 0,16 ; In the Internet bank for private clients free of charge for people up to 25 years of age (incl.) and over 65 years of age (incl.) 0,16, free of charge for private clients over 65 years of age (incl.) (1) 1.2.1 Domestic payment 3,20 0,38 0,38 1.2.2 An urgent domestic payment - up to 10 000 (incl.) 9 7 - over 10 000 32 30 1.2.3 Domestic incoming payment free of charge 1.3 Swedbank Group group payment 1.3.1 A group payment (2) 3,20 0,38 1.3.2 An incoming group payment free of charge 1.4 A European payment (3) 1.4.1 European payment 3,20 0,38 1.4.2 An urgent European payment - up to 10 000 (incl.) 9 7 - over 10 000 32 30 1.4.3 An incoming European payment free of charge 1.5. International payments (exc. points 1.3 and 1.4) 1.5.1 An ordinary payment - transfer charges are shared (4) 9,45 5,45 - transfer charges paid by remitter) (5) 29,75 24,75 1.5.2 An urgent payment - transfer charges are shared (4) 14,85 9,85 - transfer charges paid by remitter (5) 34,75 29,75 1.5.3 An express payment - transfer charges are shared (4, 8) 39,85 34,85 - transfer charges paid by remitter) (5) 49,85 44,85 1.5.4 An incoming international payment (6) 5,75 5,75 1.6 Standing order - Formalisation and cancellation free of charge - Execution of an standing order (7) according to euro payment price list in tha Internet bank - Standing order to deposit free of charge 1.7 E-invoice standing order 5/56

- formalisation and cancellation free of charge - amendment of the E-invoice standing order - execution of the E-invoice standing order free of charge free of charge 1.8 Transfer to savings deposiit (9) 2,30 free of charge 1.9 Payment of a state fee in state authorities 0,19 2. PAYMENTS IN FOREIGN CURRENCY In a branch and telephone bank In the Internet Banking, Internetbank for business clients, Swedbank Gateway 2.1 Intra-bank payment 2.1.1 Intra-bank payment 2,30 2 2.1.2 Intra-bank incoming payment free of charge 2.2 Swedbank Group group payment 2.2.1 A group payment 3,20 2 2.2.2 A group incoming payment free of charge 2.3 An international payment (exc. point 2.2) 2.3.1 An ordinary payment - transfer charges are shared (4) 9,45 5,45 - transfer charges paid by remitter (5) 29,75 24,75 2.3.2 An urgent payment - transfer charges are shared (4) 14,85 9,85 - transfer charges paid by remitter (5) 34,75 29,75 2.3.3 An express payment in US dollars - transfer charges are shared (4) 39,85 34,85 - transfer charges paid by remitter (5) 49,85 44,85 2.3.4 An incoming international payment (6) 5,75 5,75 2.4 Standing order - formalisation and cancellation free of charge - execution of a standing order according to euro payment price list in tha Internet bank - standing order to deposit free of charge (1) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account. (2) Payments to Swedbank (Latvia, Lithuania, Sweden, Finland, Norway, Denmark) reach the beneficiary's account in the full amount. The beneficiary s IBAN must be specified. (3) Terms and conditions of a European payment: *the payment currency is the euro; *The correct IBAN is indicated in the payment; *The service fee type is shared ; * The beneficiary s bank ( remitter`s bank when incoming payment) is located in a Member State of the European Union (or Norway, Iceland, Liechtenstein, Switzerland, Aland Islands, Azores, Ceuta and Melilla, Gibraltar, Guadeloupe, Canary Islands, Madeira, Martinique, French Guinea, Reunion, Monaco, San Marino). The fee is according to point 1.5 when the beneficiary s IBAN is not indicated in the payment. (4) The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. (5) The remitter pays the service fees of Swedbank and foreign banks. If the beneficiary's bank's service fee exceeds the amount paid by the remitter for the beneficiary, the current account of the remitter shall be automatically debited with the corresponding difference of service fees. Additionally debited service fee can be 63,91 at most. (6) Incoming payment with a note transfer charges paid by remitter is free of charge. The service fee for a non-customer is twice the established amount. (7) Execution of an intra-bank standing order is 0,16 regardless of the customers age. (8) If an express payment is European payment then fee for the payment is according to an European urgent payment. (9) Free of charge upon entry into savings deposit contract. 6/56

Cash operations Effective as of 01.09.2015 1. In euros 1.1 Cash deposit (excl. coins) in branch - by an individual to their own account 0,25%, min 2,60 - to a minor s account (1) - by an entity to their account - to another person s account, which is located in the Swedbank (in case of coins, fee for Payment of coins to current account will be added) up to 100 per calendar month free of charge; starting from 100 per calendar month - 0.25% of the deposited amount that exceeds 100 0,25%, min 2,60 0,25%, min 3,20 1.2 Upon payment of cash from a branch - to a private or legal person 0.5%, min. 3 2. In a foreign currency 2.1 Fees of payment of cash to an account - CZK, DKK, GBP, NOK, PLN, SEK, USD, RUB 1,5%, min 2,60 2.2 Fee of payment of cash to another person s account, which is located in the Swedbank 1.5%, min 3,20 2.3 Fee of payment of cash from an account - CZK, DKK, GBP, NOK, PLN, SEK, USD 1.5%, min 2,60 - RUB 4%, min 2,60 3. Purchase/sale of foreign currency in cash 2,60 4. Cash reservation Reservation of large amounts of cash (2) Fine in the event of cancelling a reservation (payable only upon exceeding the branch s reservation limit) Payment of non-reserved large sums of cash, which exceed the reservation limit, on the same day 5. Processing cash free of charge Payment of coins to current account (4) 2%, min 2,60 Payment of coins to a minor s account (4, 6) Payment from account in coins (7) 2%, min 3 Exchange of coins for coins (4) 5%, min 2,60 Exchange of coins for notes (4) 5%, min 2,60 Exchange of notes for coins 5%, min 2,60 Exchange of notes for notes 0.5%, min 2,60 Replacement of a damaged EUR note (3) Verification of a note Entry by collecting (5) 38 38 + fee for payment of the respective currency up to 100 per calendar month free of charge; starting from 100 per calendar month - 2% of the deposited amount that exceeds 100 free of charge 0,19 /note fee of foreign currency payment of cash to an account and/or from an account 7/56

(1) The fee is charged on the amount that exceeds 100 per calendar month and the cash is deposited in branch. The service fee is clientbased on the basis of calculation is a calendar month. (2) The size of the sum as of which cash needs to be reserved is 12 000 (banknotes) and 500 coins. The reservation application must be submitted to the bank not later than by 2.00 p.m. Upon reservation of foreign currencies you need to agree with the branch beforehand. Reservation over 50 000 euros is payed out on a banking day with service fee which agreed with bank beforehand. In one branch during 1 day maximum 500 euro coins are paid out, assumption that the branch has requested amount or nominal value of the coins. (3) The bank does not accept or exchange damaged foreign currency notes. (4) The bank does not accept or exchange foreign currency coins. (5) Foreign currency cashing payment to an account and/or from an account through the cash collecting offering company (fee according to point 2.1 and/or 2.3) (6) The fee is charged on the amount that exceeds 100 per calendar month and the coins are deposited in branch. The service fee is clientbased on the basis of calculation is a calendar month. (7) The bank does not sell foreign currency coins.. 8/56

Cheques Effective as of 01.09.2015 In euros - cashing a cheque by way of collection (1) actual costs of foreign banks + 1.5%, min 25 - cheques payed out in Swedbank 7 In a foreign currency - cashing a cheque by way of collection (1, 2) actual costs of foreign banks + 1.5%, min 25 - cashing AmEx and VISA traveller s cheques by way of collection (2) actual costs of foreign banks + 1.5%, min 25 - sale of a bank cheque actual costs of foreign banks + 1.5%, min 15 - returning a bounced cheque actual costs of foreign banks + 15 Cash cheque processing fee for a legal person non-customer 3,20 (1) The incoming cheque sum may be smaller to the extent of the service fee charged by foreign banks. (2) Swedbank is cashing a cheque by way of collection in currencies: AUD, CAD, CHF, DKK, EUR, GBP,NOK, SEK, USD. 9/56

Debit cards 1. PRIVATE PERSON Effective as of 01.01.2016 1.1 Issuing the first debit card associated with an account (1) free of charge 1.2 Issuing an additional debit card associated with an account (1) according to price list 1.3 Renewal of a card (1) free of charge 1.4 Visa Electron debit card, Maestro debit card (2) - issuing a card 2,50 - monthly fee of a card (3) 0,96 1.5 Debit card Plus - issuing a card 2,50 - monthly fee of a card 1,28 1.6 A temporary ATM card (valid for 1 month) - issuing a card 2,50 1.7 Student card (4) - monthly fee of a card 0,96 1.8 ISIC MasterCard Student card - issuing a card 6,33 - replacement of a card 6,33 - monthly fee of a card 0,32 - renewal of the right to use the card (5) 6,33 - renewal of a card 6,33 1.9 Youth card - issuing a card 2,50 - monthly fee of a card for up to 19-year-olds free of charge - monthly fee of a card for people aged 20-25 (6) 0,32 1.10 School card (7) - monthly fee of a card free of charge 1.11 Senior card - issuing a card 2,50 - monthly fee of a card 0,32 1.12 MasterCard Private Banking (8) - monthly fee of a card 1,28 1.13 MasterCard Private Banking Card (9) - issuing a card 2,50 - monthly fee of a card 1,98 GENERAL SERVICE AND TRANSACTION FEES 1. Cash deposit in euros in home bank s terminal (10) - up to 5000 per calendar month free of charge; - 0,25% of the deposited amount that exceeds 5000 per month 10/56

2. Cash withdrawal 2.1 from terminals of your home bank - up to 2000 per calendar month free of charge - over 2000 per calendar month 0.3% of the amount that exceeds 2000 2.2 from other bank s terminals in Estonia and abroad 1 + 2.5% of the amount 2.3 with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (11) - up to 2000 per calendar month free of charge - over 2000 per calendar month 0.3% of the amount that exceeds 2000 3. Balance inquiry and statement in Swedbank s terminals in Estonia free of charge 4. Balance inquiry in other bank s terminals in Estonia and abroad (12) 0,32 /query 5. Making payments in ATMs and payment terminals - an intra-bank payment - domestic payment 0,38 6. Payment in a commercial enterprise free of charge 7. Closure of a card free of charge 8. A copy of the receipt of a card transaction (inquiry) - a transaction in Estonia 4 - a transaction abroad 8 9. Demand for refund, unjustified - a transaction in Estonia 12 - a transaction abroad 10. Sending a card from one branch to another (14) 2,50 11. Sending a card by mail - mail (Estonia) free of charge 0,16 (free for clients aged 65 and more) (13) 16 (In case disputing card transaction made abroad, additional costs of the card organisations may apply) 12. Conversion fee for transactions in foreign currencies (15) 1% of transaction amount 13. Penalty for using a closed card 65 14. Using Visa or MasterCard assistance service abroad 0 to 130, depending on actual costs 15. Penalty 0.2% a day 2. LEGAL PERSONS Effective as of 19.10.2015 2.1 Issuing the first debit card associated with an account (16) free of charge 2.2 Issuing an additional card associated with an account (16) according to price list 2.3 Renewal of a card free of charge 2.4 Visa Business Debit (17) - issuing a card 10 - replacement of a card 10 - monthly fee of a card 3,20 2.5 A temporary ATM card (valid for 1 month) - issuing a card 2,50 2.6 MasterCard Business Debit - issuing a card 2,50 11/56

- monthly fee of a card 1,28 - monthly fee of a card with the possibility of making cash deposits 0,32 2.7 Visa Business Electron (18) - monthly fee of a card 1,28 - monthly fee of a card with the possibility of making cash deposits 0,32 GENERAL SERVICE AND TRANSACTION FEES 1. Cash deposit in euros in home bank s terminal (10) - up to 5000 per calendar month free of charge; - 0,25% of the deposited amount that exceeds 5000 per month 2. Cash withdrawal (16) - from terminals of your home bank 0,19 + 0.3% of the amount - from other bank s terminals in Estonia 1,92 + 2,5% of the amount - abroad 1,92 + 2.5% of the amount - with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (11) 0,19 0.3% of the amount 3. Cash withdrawal with Visa Business Debit (17) - from terminals of your home bank 1,92 + 1% of the amount - from other bank s terminals in Estonia 1,92 + 2,5% of the amount - abroad 1,92 + 2,5% of the amount - with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (11) 1,92 + 1% of the amount 4. Balance inquiry and statement in Swedbank s terminals in Estonia free of charge 5. Balance inquiry in other bank s terminals in Estonia and abroad (12) 0,32 /query 6. Making payments in ATMs and payment terminals - an intra-bank payment 0,16 - domestic payment 0,38 7. Payment in a commercial enterprise free of charge 8. Closure of a card free of charge 9. A copy of the receipt of a card transaction (inquiry) - a transaction in Estonia 4 - a transaction abroad 8 10. Demand for refund, unjustified - a transaction in Estonia 12 - a transaction abroad 11. Sending a card from one branch to another (14) 2,50 16 (In case disputing card transaction made abroad, additional costs of the card organisations may apply) 12. Conversion fee for transactions in foreign currencies (15) 1% of transaction amount 13. Penalty 0.2% a day (1) Except ISIC MasterCard Student card (2) Visa Electron card is not issued from 1 st of June 2015. (3) The debit card fee is not applicable to the customers who as of 01.08.2011 were at least 60 years old. (4) Student cards were issued up to 21.08.2013. (5) Renewal of the right to use the card will be done only for ISIC MasterCard Student cards with 2 year validity period. (6) From the age of 26 applies the Visa Electron or Maestro debit card monthly fee. (7) School card is not isused from 1 st of July 2015. (8) MasterCard Private Banking card is not issued from 4 th of April 2013. (9) MasterCard Private Banking Card is issued to the customers of Private Banking and Private Wealth Management. Issued from 5 th of April 2013. 12/56

(10) The fee is charged on the amount that exceeds 5 000 per calendar month and the cash is deposited in home bank s terminal. The service fee is client-based on the basis of calculation is a calendar month. (11) ATM in Sweden is Bankomat. (12) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards. (13) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account. (14) The price is inclusive of VAT at the rate of 20%. (15) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. The conversion fee is not subject to a refund if the transaction is cancelled. (16) Except Visa Business Debit (17) Visa Business Debit card is issued to the non-resident legal persons registered outside the EU Member States and Norway ( including non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom). (18) Visa Business Electron card is not issued from 4 th of May 2015. 13/56

Credit cards 1. PRIVATE PERSON Effective as of 01.01.2016 1.1 Revolving credit card (2) - monthly fee - monthly fee of an additional card 1,30 - annual interest rate - penalty 1.2 Gold Revolving credit card (3) - monthly fee 3,70 - monthly fee of an additional card 2,50 - annual interest rate - penalty - debt notice 3 1.3 Gold Charge card - monthly fee of the primary card 5,11 - monthly fee of an additional card 2,56 - penalty - debt notice 3 1.4 Platinum Charge card - annual fee of the primary card 127,82 - annual fee of an additional card 63,91 - penalty - debt notice 3 - the Priority Pass salon visit fee for a Platinum credit card holder 27 USD per visitor 1.5 Fixed payment credit card - annual interest rate 1,30, free of charge for people up to 25 years of age 19-22%, the final interest rate depends on the client s liabilities and solvency ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) 17-20%, the final interest rate depends on the client s liabilities and solvency ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) 19-22%, the final interest rate depends on the client s liabilities and solvency - penalty - debt notice 3 1.6 American Express Platinum credit card (4) - annual fee of the primary card 475 - annual fee of an additional card 320 - annual interest rate 14% -penalty - the Priority Pass salon visit fee for a cardholder free of charge - the Priority Pass salon visit fee for for persons accompanying cardholders 27 USD per visitor ECB interest rate + 8% a year (1) (currently 0.022% per year, 8.050% a year) ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) 14/56

1.7 American Express Gold credit card (5) - monthly fee of the primary card 10,50 - monthly fee of of an additional card 7 - annual interest rate 16-19% -penalty - the Priority Pass salon visit fee 27 USD per visitor 1.8 American Express Blue credit card (6) - monthly fee of the primary card 1,60 - monthly fee of of an additional card 1,60 - annual interest rate -penalty ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) 17-20%, the final interest rate depends on the client s liabilities and solvency ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.050% a year) GENERAL SERVICE AND TRANSACTION FEES 1. Card opening fee - opening a card at branch 2,50 - opening a card in Internet Bank 1,50 2. Payment in a commercial enterprise free of charge 3. Cash deposit in euros in home bank s terminal (7) - up to 5000 per calendar month free of charge; - 0,25% of the deposited amount that exceeds 5000 per month 4. Cash withdrawal 1,92 + 2.5% of the amount 5. Replacement of a card 7 6. Statement of transactions - in last month free of charge - a previous month 4 per month 7. Amendment of a credit card agreement (8, 12) - increase of credit limit at branch 1% of the requested additional limit, min 10 - increasing of credit limit in the Internet Bank 3,20 - amendment of the agreement at branch 10 - amendment of the agreement in the Internet Bank free of charge 8. Closure of a credit card free of charge 9. Penalty for using a closed card 65 10. Copy of a receipt (inquiry) - a transaction in Estonia 4 - a transaction abroad 8 11. Balance inquiry and statement in Swedbank s terminals in Estonia free of charge 12. Balance inquiry in other bank s terminals in Estonia and abroad (9) 0,32 per query 13. Demand for refund, unjustified - a transaction in Estonia 12 - a transaction abroad 16 (In case disputing card transaction made abroad, additional costs of the card organisations may apply) 14. Using a Visa or MasterCard assistance service abroad (issue of a temporary credit 0 to 130, depending on actual costs 15/56

card abroad) 15. Sending a card from one branch to another (10) 2,50 16. Sending a card by mail - mail (Estonia) free of charge 17. Conversion fee for transactions in foreign currencies (11) - VISA or MasterCard 1% of transaction amount - American Express card 0.5% of transaction amount 18. Renewal of primary and additional card free of charge 2. LEGAL PERSONS Effective as of 19.10.2015 2.1 Charge card MasterCard Business - annual fee 25 - penalty 0.2% a day - debt notice 3 2.2 Charge card Visa Business Gold - annual fee 120 - the Priority Pass salon visit fee 27 USD per visitor - penalty 0.2% a day - debt notice 3 2.3 Fixed Payment credit card Visa Business - issue fee upon first application and renewal free of charge - monthly fee 1,30 - annual interest rate 18% - penalty 0.2% a day GENERAL SERVICE AND TRANSACTION FEES 1. Payment in a commercial enterprise free of charge 2. Cash withdrawal 1,92 + 2.5% of the amount 3. Replacement of a card 7 4. Statement of transactions - in last month free of charge - a previous month 4 per month 5. Amendment of a credit card agreement - increasing of the credit limit at branch 1% of the requested additional limit, min 10 - amendment of the agreement (12) 10 - amendment of the agreement in Internet Bank free of charge 6. Closure of a credit card free of charge 7. Penalty for using a closed card 65 8. Copy of a receipt (inquiry) - a transaction in Estonia 4 - a transaction abroad 8 9. Balance inquiry and statement in Swedbank s terminals in Estonia free of charge 10. Balance inquiry in other bank s terminals in Estonia and abroad (9) 0,32 per query 16/56

11. Demand for refund, unjustified - a transaction in Estonia 12 - a transaction abroad 12. Sending a card from one branch to another (10) 2,50 13. Using a Visa or MasterCard assistance service abroad (issue of a temporary credit card abroad) 16 (In case disputing card transaction made abroad, additional costs of the card organisations may apply) 0 to 130, depending on actual costs 14. Conversion fee for transactions in foreign currencies (11) 1% of transaction amount (1) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed. (2) When paying for goods or services with a private person s revolving credit card, the transaction amount is subject to a 30- day interest-free period, after which the calculation of interest starts. When withdrawing cash, the calculation of interest starts at once. (3) When paying for goods or services with a private person s Gold revolving credit card, the transaction amount is subject to a 40-day interestfree period, after which the calculation of interest starts. When withdrawing cash, the calculation of interest starts at once. (4) When paying for goods or services with the American Express Platinum credit card, the transaction amount is subject to an up to 50-day interest-free period (between the date of purchase and the payment date). (5) When paying for goods or services with the American Express Gold credit card, the transaction amount is subject to an up to 40-day interestfree period (between the date of purchase and the payment date). (6) When paying for goods or services with the American Express Blue credit card, the transaction amount is subject to an up to 40-day interestfree period (between the date of purchase and the payment date). (7) Possible with fixed payment and with revolving credit cards. The fee is charged on the amount that exceeds 5 000 per calendar month and the cash is deposited in home bank s terminal. The service fee is client-based on the basis of calculation is a calendar month. (8) If upon the renewal of a credit card on the basis of an application, the credit limit of the credit card is rounded by increasing or decreasing the credit limit up to 32 (incl.), no fee for amending the credit limit shall be charged when increasing or decreasing the credit limit. (9) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards. (10) The price is inclusive of VAT at the rate of 20%. (11) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. The conversion fee is not subject to a refund if the transaction is cancelled. (12) Excluding changing the user limits. 17/56

Loan PRIVATE PERSONS Effective as of 01.08.2015 1. Housing loan 1.1 Agreement fee up to 1% of the loan amount, no less than 190 - for loans with a repayment term of up to 12 months 1% of the loan amount, no less than 320 1.2 Amendment of the agreement 130 - loan principal repayment holiday, 60 - fee for break from repayment of principal amount of loan when entering into several agreements at the same time 45 - amendment of the payment dates (in branch or in Internet Bank) 20 - amendment of the servicing account (in branch or in Internet Bank) free of charge 1.3 Lowering the interest rate, formalisation of an additional sum up to 1% of the loan amount, no less than 190 1.4 Early repayment fee (partial repayment) - in branch (2) the amount of 3 months' interest (not applied in case of 3 months' advance notice) - in Internet Bank (2) the amount of 1 month interest 1.5 Fee for processing arrears 3,20 1.6 Penalty 2. Home equity loan ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) 2.1 Agreement fee 1% of the loan amount, no less than 95 - for loans with a repayment term of up to 12 months 1% of the loan amount, no less than 320 2.2 Amendment of the agreement 130 - loan principal repayment holiday, amendment of the schedule type 60 - fee for break from repayment of principal amount of loan when entering into several agreements at the same time - amendment of the payment dates (in branch or in Internet Bank) 20 - amendment of the servicing account (in branch or in Internet Bank) free of charge 2.3 Lowering the interest rate up to 1% of the loan amount, no less than 190 2.4 Early repayment fee (partial repayment) - in branch (2) 45 the amount of 3 months' interest (not applied in case of 3 months' advance notice) - in Internet Bank (2) the amount of 1 month interest 2.5 Fee for processing arrears 3,20 2.6 Penalty 3. Student loan - first application (in the 2015/2016 academic year) free of charge - first application via the Internet Bank free of charge - refinancing 7 - amendment of the repayment schedule (frequency of repayment and amendment of the due date of the schedule) - preparation of a special schedule 16 - penalty ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) 7 ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) 18/56

- default interest after the due date of the loan (i.e. after termination of the agreement by the bank) annual interest rate under the agreement - compensation for prepayment of the loan amount or a part thereof (4, 5) 4. Overdraft - annual interest rate 1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date is longer than one year 0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date does not exceed one year 15%-24%, final interest rate depends on the client s solvency and liabilities and loan sum - agreement extension fee 1% of the limit, no less than 10 - fee for amendment of the interest rate in a branch 7 - limit reduction fee in a branch free of charge - limit reduction fee in the Internet Bank free of charge - amendment of the interest payment date free of charge - termination of the agreement free of charge - penalty - default interest after the final date of use (i.e. after termination of the agreement by the bank) 5. Credit line - annual interest rate - entry into an agreement ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) annual interest rate under the agreement 15%-24%, final interest rate depends on the client s solvency and liabilities and loan sum in a branch 1,5% of the credit limit, no less than 45 in Internet Bank (i.e. there is an offer) 1,5% of the credit limit, no less than 35 - commitment fee 1,2% of the unused credit limit (annual rate) - credit limit extension fee free of charge - increasing the credit limit - credit limit reduction fee free of charge - amendment of the monthly payment day free of charge - amendment of the servicing account free of charge - early termination of the agreement free of charge - re-registration of overdraft into a credit line free of charge - penalty - default interest after the end term of the agreement (i.e. after termination of the agreement by the bank) 6. Small loan - annual interest rate - entry into an agreement in a branch (one or two borrowers) 1% of the additional credit limit, no less than 35 ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) annual interest rate under the agreement 15%-24%, final interest rate depends on the client s solvency, liabilities and loan sum entry into an agreement 1,5%, no less than 45 entry into an agreement if there is small loan offer 1,5%, no less than 45 formalisation of an additional sum 1,5%, no less than 45 - entry into contract in Internet Bank (one or two borrowers) entry into an agreement 1,5%, no less than 35 19/56

entry into an agreement if there is small loan offer 1,5%, no less than 35 formalisation of an additional sum 1,5%, no less than 35 - entry into an agreement of car small loan 1,5% of the limit, no less than 100 - car small loan amendment of the interest rate 50 - re-registration of loan products into a small loan 1,5%, no less than 35 - amendment of the terms and conditions of the agreement: exchange of collateral, amendment of the due date of the loan, formalisation of a repayment holiday 25 - amendment of the repayment date free of charge - amendment of the servicing account free of charge - penalty - default interest after the due date of the loan (i.e. after termination of the agreement by the bank) ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) annual interest rate under the agreement - compensation for prepayment of the loan amount or a part thereof (5) 7. Hire purchase - annual interest rate 9,9% - agreement fee 15,83 (3) - agreement fee for vehicle financing 54,17 (3) - amendment of the terms and conditions of the agreement: extension of the agreement, reduction of the agreement, formalisation of a repayment holiday - a written notice on breach of the agreement 3 1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date fixed in the loan contract is longer than one year 0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date fixed in the loan contract is up to one year (incl.) 15,83 (3) - partial prepayment of the agreement on the basis of a written application free of charge - early termination of the agreement on the basis of a written application free of charge - fee for formalisation of a debt transfer 19,17 (3) - penalty 8. Valuation of the collateral (6) 8.1 In Tallinn and Harju County - valuation of apartment 120 - valuation of registered immovable with buildings, house, summer house, terraced house ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.050% a year) 240 - intermediate valuation of property under construction 180 8.2 elsewhere in Estonia - valuation of apartment 100 - valuation of registered immovable with buildings, house, summer house, terraced house 190 - intermediate valuation of property under construction 150 LEGAL PERSONS Effective as of 01.05.2013 1. Investment loan 1.1 Application 1% of the loan amount, but no less than 195 - Kredex Start-up loan 2% of the loan amount, but no less than 320 20/56

1.2 Additional application 1% of the additional sum, but no less than 195 - Kredex Start-up loan 1% of the additional sum, but no less than 195 1.3 Additional application along with amendment of other terms and conditions of the agreement - Kredex Start-up loan 1.4 Amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the loan amount (loan balance + additional amount), but no less than 195 1% of the loan amount (loan balance + additional amount), but no less than 195 1% of the loan amount, but no less than 195 - Kredex Start-up loan 1% of the loan amount, but no less than 195 1.5 Early loan repayment fee 3% of the amount repaid early 2. Working capital loan - application - additional application - additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount per year, but no less than 195 1% of the loan amount per year, but no less than 195 1% of the loan amount (loan balance + additional amount) per year, no less than 195 - amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the loan amount, but no less than 195 - early loan repayment fee 3% of the amount repaid early 3. Overdraft - application 1% of the limit per year, but no less than 195 - additional application 1% of the additional limit, but no less than 195 - additional application along with amendment of other terms and conditions of the agreement - amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the total limit per year, but no less than 195 1% of the limit, but no less than 195 - obligation fee 2% of the unused credit limit 4. Revolving credit line - application 1% of the loan amount, no less than 195 - additional application - additional application along with amendment of other terms and conditions of the agreement - amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the additional amount per year, but no less than 195 1% of the loan amount (loan balance + additional amount) per year, no less than 195 up to 1% of the loan amount, no less than 195 - obligation fee 2% of the unused limit per year 5. Apartment association loan - application 1% of the loan amount, no less than 195 - additional application 1% of the additional amount, no less than 195 - additional application along with amendment of other terms and conditions of the agreement - amendment of the terms and conditions of the agreement (except along with an additional application) - amendment of payment dates of the loan repayment schedule or amendment of the type of the schedule 1% of the loan amount (loan balance + additional amount), no less than 195 up to 1% of the loan amount, no less than 195 up to 1% of the loan amount, no less than 195 - early loan repayment fee 3% of the amount repaid early (1) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed. (2) In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the 21/56

early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. (3) VAT at the rate of 20% will be added to the price. (4) If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date. (5) Applies to the agreements concluded since 01.07.2011. (6) Bank will not issue valuation report. 22/56

Factoring 1. Application 2. Amendment of other terms and conditions of the agreement - approval of the amendment of the buyer and the buyer limit 65 (1) - buyer credit insurance limit inquiry by request of the customer 65 (1) - prolongation of the limit Effective as of 01.05.2013 up to 1% of the limit per year, but no less than 200 (1) up to 1% of the limit per year, but no less than 200 (1) - increace of the limit up to 1% of the additional sum per year - amendment of other terms and conditions of the agreement no less than 65 (1) 3. Balance confirmation 10 (1) 4. Factoring report issuing (earlier than previous month) 10 month (1) (1) VAT at the rate of 20% will be added to the price. 23/56

Leasing Private persons 1. VEHICLE AND EQUIPMENT LEASING Effective as of 01.08.2015 - entry into a financial lease or hire purchase agreement (1) - entry into a operational lease agreement (1) - entry into a full service lease agreement (2) - entry into a vehicle management service contract agreement (2) 40 1.1 Amendment of the lease agreement - changing the payment date (first change is free of charge) 30 - restoration of the agreement, repayment holiday (along with extending the period regarding the repayment holiday) - payment of an additional payment and/or additional financing if accompanied by an amendment of the lease agreement - extension/reduction of the contract period (during the period or at the end of the period) and/or amendment of the type of the contract 1,5% of the price of the property, no less than 200 1,5% of the price of the property, no less than 200 1,5% of the price of the property, no less than 200 - reduction of the interest rate 1% of the outstanding amount, no less than 65 1.2 Amendment of the full service lease agreement - restoration of the agreement, changing the payment date, repayment holiday (along with extending the period regarding the repayment holiday), amendment of the insurance conditions (2) 65 160 120 - add services into a full service lease agreement free of charge - amendment or removal of the services of the full service lease agreement and of the vehicle management service contract (2) - payment of an additional payment and/or additional financing, extension of the contract period (2) - reduction of the interest rate 1% of the outstanding amount, no less than 78 1.3 Early termination of the lease agreement - in the case of an operating lease, finance lease and hire-purchase sales agreement if the agreement has been made before 01 July 2011 If the termination of the agreement takes place within the first 9 months 78 192 192 free of charge - in the case of operating lease if the agreement has been made after 01 July 2011 free of charge If the termination of the agreement takes place within the first 9 months - in the case of a fixed interest operating lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011 - in the case of a Libor/Euribor operating lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011 - in case of sale at higher price 65 1.4 Early termination of the full service lease agreement free of charge - if the termination of the full service lease agreement or of the vehicle management service contract takes place within the first 9 months 1.5 Penalty 1.6 Additional services included in the monthly payment Fuel card fee (except full service lease agreement and vehicle management service the interest until the end of the 9 th month the interest until the end of the 9 th month 1% of the sum of unpaid instalments if the agreement term expires in 1 year or later; 0.5% of the sum of unpaid instalments if the agreement term expires in less than 1 year free of charge (interest for the period used) the interest until the end of the 9 th month ECB interest rate (3) + 8% (currently 0.022% a day, 8.050% a year) 24/56

contract) monthly fee of a card with a limit of 100 monthly fee of a card with a limit of 200 250 monthly fee of a card with a limit of 300 350 monthly fee of a card with a limit of 400 600 monthly fee of a card with a limit of 700 monthly fee of a card with a limit of 1,000 monthly fee of a card with a limit of 2,000 monthly fee of a card with a limit of 3,000 monthly fee of a card with a limit of 5,000 monthly fee of a card with a limit of 7,000 1.7 Full service lease additional services inclused in the monthly payment 1 /month 2,60 /month 3 /month 5 /month 6 /month 7,70 /month 10 /month 12 /month 15 /month 17 /month - fuel card/additional fuel card fee (2) 5 /month - international fuel card fee (2) 5 /month 1.8 Additional services as a one-off service - one-time transfer service (2) 100 - transport of tyres to a tyre hotel within the territory of the same city (2) 38-24-hour emergency assistance service (2) 85 - Registration operations at Maanteeamet. Performed by lessor's employee (expenses of Maanteeamet are added) (2) 1.9 Other services - preparation and sending of penalty invoices (2) 6,40 - penalty for failure to submit insurance when due up to 10% of the residual cost of property - power of attorney of giving property to sublessee (2) 19,20 - an unattested power of attorney (e.g. using the vehicle, ordering a duplicate to an existing registration certificate, exchange of the license plate, amendment of the user data, etc.) (2) 39 6,40 - formalization of Road Administration e-service transaction (2) 3,20 - notarised power of attorney of the vehicle (e.g. using the vehicle) (within 4 working days) (2) - release of the additional collateral (suretyship, guarantee) (2) 95 - payment of the costs of removing the vehicle (added to the direct costs of removing the vehicle) (2) 73,50 - preparation of certificate (2) 6,40 - sending a notice on breach and cancellation of the agreement (2) 6,40 - sending an extract of the fuel card (2) 3,20 - fee for replacement of the fuel card during the lease term due to the customer's fault (2) 31 3,20 - re-formalisation of an invoice 38,35 - balance confirmations issued by leaser 9 (free of charge on the customer s form) - balance comparison notices issued by leaser (2) 19 - entry into a debt agreement - contractual penalty for delays in the timely return of the vehicle 50 / day 1% of the outstanding amount, but no less than 159,80 - document processing fee (2) 31,95, but no less than 6,40 - vehicle valuation service (incl. passenger cars, caravan cars, motorcycles and ATVs) (2) - water craft valuation service (incl. launches, motorboats, yachts and sailing vessels) (2) 50 110 25/56

- truck, trailer, heavy machinery valuation service (incl. excavators, tractors, loaders, hoists, combine harvesters and couplings) (2) - forestry machinery and equipment valuation service (incl. harvesters, forwarders, manufacturing equipment and machine tools) (2) - provision of valuation services on site outside of Tallinn (water craft, trucks, trailers, heavy machinery, forestry machinery and equipment) (2) 80 130 valuation service fee + 20 Legal persons 2. VEHICLE AND EQUIPMENT LEASING Effective as of 01.08.2015 - entry into a financial lease or hire purchase agreement (1) - entry into a financial lease agreement (1) - entry into a full service lease agreement (2) - entry into a vehicle management service contract agreement (2) 40 2.1 Amendment of the lease agreement - changing the payment date (first change is free of charge) 30 - restoration of the agreement, repayment holiday (along with extending the period regarding the repayment holiday) - payment of an additional payment and/or additional financing 160 - extension/reduction of the contract period (during the period or at the end of the period) and/or amendment of the type of the contract 1% of the price of the property, no less than 200 1.5% of the price of the property, no less than 200 1.5% of the price of the property, no less than 200 - lowering the interest rate 1% of the outstanding amount, no less than 65 2.2 Amendment of the full service lease agreement - restoration of the agreement, changing the payment date, repayment holiday (along with extending the period regarding the repayment holiday), amendment of the insurance conditions (2) 65 160 - add services into a full service lease agreement free of charge - amendment or removal of the services of the full service lease agreement and of the vehicle management service contract (2) - payment of an additional payment and/or additional financing, extension of the contract period (2) - reduction of the interest rate 1% of the outstanding amount, no less than 78 2.3 Early termination of the lease contract - fixed-rate agreement - agreement pegged to LIBOR/EURIBOR 78 192 192 - withdrawal from contract at the initiative of the lessee the contract fee 2.4 Early termination of the full service lease agreement - full service lease agreement the interest sum of up to 6 months following termination the interest sum of up to 3 months following termination the full service lease payment sum of up to 1 month following termination - vehicle management service contract the service payment sum of up to 1 month following termination 2.5 Penalty 0.25% a day 2.6 Additional services included in the monthly payment Fuel card fee (except full service lease agreement and vehicle management service 26/56