Accounts and bank transfers

Price List Accounts and bank transfers... 2 Bank cards... 4 Servicing of payment cards... 7 Deposits... 8 Securities... 9 Loans... 11 Leasing... 12 Price List for Au-clients... 13 Price List for non-residents... 14 Price List of LHV Finance... 15 1

Accounts and bank transfers Valid as of 01.02.2016 Accounts Opening an account (1) Closing the account Payments European payment (3) In Client office and by phone (2) In Internet bank Outgoing payments (4) 2 EUR Standing payment order Conclusion and termination of the agreement Execution of the payment E-invoice standing order Conclusion and termination of the agreement Execution of the payment Incoming payments Other payments (5) Outgoing payments Intra-bank payment 2 EUR An ordinary payment, shared fees 5 EUR An urgent payment, shared fees 20 EUR 15 EUR An express payment, shared fees 35 EUR 30 EUR Full to beneficiary, additional fee (6) 20 EUR 20 EUR TransferWise payment According to TransferWise service fees, minimum fee 2 EUR Incoming payments Intra-bank payment Other payment (7) 5 EUR Other fees concerning payments Correction or cancellation of a foreign payment, inquiries regarding foreign payments Issuing a foreign payment confirmation / issuing a copy of a SWIFT message (8) 5 EUR (1) For residents of the European Union, Norway, Iceland, Liehtenstein and Switzerland. For residents of other countries a fee of 200 euros is applied for opening an account. For companies registered in Estonia, the European Union (excl. Cyprus, Luxembourg, Malta and the UK) and Norway. For companies registered elsewhere a fee of 500 euros is applied for opening an account. (2) Transactions completed via the client manager of Private Banking according to Private Banking agreement. (3) European payment is a payment in euros in SEPA area. SEPA area is a single euro payments area, which includes all member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is shared. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter s account takes place at the latest on the following banking day. (4) All fees for the financial institutions, payment services providers and customers who make more than 5 000 outgoing payments per month will be agreed separately. 2

(5) Other payments are payments, where the beneficiary s bank is in SEPA area and the payment currency is not euro; and payments, where the beneficiary s bank is located outside of SEPA area and the payment currency is any currency supported by LHV. (6) The remitter pays the service fee of LHV Pank and foreign banks. If the full of service fees exceeds the service fee paid by the remitter for LHV Pank, the current account of the remitter shall be automatically debited with the corresponding difference of service fees. Without charges to beneficiary (OUR) type of commission fee cannot be used for making payments between the EEA member states or in a currency, effective in the EEA only. The remitter s bank cannot guarantee that the full is transferred to the beneficiary s account it can only guarantee that the full is transferred by the correspondent bank. (7) Incoming payment with a note full to beneficiary is. (8) The fee is applicable if the payment has been sent out of LHV Pank and service fees of other banks can be added. Bank link Conclusion of the agreement Transaction fees Identification service Payments and identification service 1% of the transaction, max 3 EUR per transaction Other fees Account overdue charge (9) 0.1% per day Statements Account statement (10) (11) (12) Other statement or certificate 2 EUR 2 EUR Responding to inquiries Responding to inquiries (13) Inquiries from auditors 3 EUR 20 EUR PIN calculator Issuing Replacing 30 EUR 30 EUR Debt collection fee 5 EUR (14) (9) is applied for clients who have minus on their account and who have not accepted special terms and conditions for loan and margin transactions and who do not have an active overdraft agreement. (10) Account statements in the internet bank are. (11) Account statement fee is applicable to one statement of one bank account. (12) An extra fee of 0.1 EUR is applicable to every page starting from the 6 th page of account statement printed in the Client office. (13) Except for the inquiries from the state, supervisory, law enforcement authorities and notaries concerning the rights and obligations of the bequeather. (14) VAT of 20% is included in the price. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%. 3

Bank cards Valid as of 17.12.2015 Cards Issuing (1) Renewal Closing Replacement 5 EUR Balance and Transactions Query From LHV ATMs From other ATMs in Estonia From other ATMs in a foreign country Cash deposit in LHV ATMs 0,2 EUR 0,4 EUR Copy of a receipt or a fee for a groundless dispute of a card transaction A transaction in Estonia A transaction outside of Estonia Emergency card, emergency cash in a foreign country Express order for a bank card 5 EUR actual costs, maximum of 150 EUR 25 EUR Debit-credit card Monthly fee Cash withdrawal From LHV ATMs From other ATMs in Estonia or in a Member State of the European Economic Area From other ATMs in another foreign country From another bank s office + 0,3% of the that exceeds 10 000 EUR per month 1 EUR + 0,3% of the that exceeds 10 000 EUR per month Credit card (2) Monthly fee Private person Legal person Cash withdrawal Interest rate 2 EUR 16% per year of the credit limit used (3) Private person Legal person contractual interest rate 0,2% per day 36% per year of the credit limit exceeded 4

Partner Credit card (2) Annual fee Cash withdrawal Interest rate Fee for increasing the limit first year ; after the first year free of charge if 200 EUR worth of transactions have been concluded within the year, otherwise 12 EUR 18% per year of the credit limit used contractual interest rate 36% per year of the credit limit exceeded Charge card Monthly fee Cash withdrawal 2 EUR per month ECB interest rate (4) + 7% per year 36% per year of the credit limit exceeded Private customer card and Partner Bank card (2) Monthly fee Monthly fee for a Private customer card for those under 18 Cash withdrawal from the current account From LHV ATMs From other ATMs in Estonia or in a Member State of the European Economic Area From other ATMs in another foreign country From another bank s office Cash withdrawal from the credit account and transfer from the credit account to the current account (5) Interest rate Fee for increasing the limit 1 EUR (the fee will not be charged if at least one card transaction or cash withdrawal is made in a month) + 0,3% of the that exceeds 10 000 EUR per month 1 EUR + 0,3% of the that exceeds 10 000 EUR per month 18% per year of the credit limit used (4) contractual interest rate 36% per year of the credit limit exceeded 5

Gold card (6) (2) Monthly fee (8) Monthly fee for extension card Cash withdrawal from the current account From LHV ATMs From other ATMs in Estonia or in a Member State of the European Economic Area From other ATMs in another foreign country From another bank s office Cash withdrawal from the credit account and transfer from the credit account to the current account (9) Interest rate Fee for increasing the credit limit + 0,3% of the that exceeds 10 000 EUR per month 1 EUR + 0,3% of the that exceeds 10 000 EUR per month 18% per year of the credit limit used (3) contractual interest rate 36% per year of the credit limit exceeded Gold Credit card (6) (2) Monthly fee (8) Monthly fee for extension card Cash withdrawal Interest rate Fee for increasing the limit 18% per year of the credit limit used (3) contractual interest rate 36% per year of the credit limit exceeded (1) Issuing of the first card / extension card to a Card User within one card product line is. A fee of 5 EUR per card shall be applied for the issue of each following card to the relevant Card User. (2) Transactions with the card while purchasing goods or services (cash withdrawals from ATMs are excluded) have an interest free period, starting from the day of the transaction until the repayment date of month following the transaction (in case the repayment date has not been agreed on in the agreement, then until the 20th day of the month following the transaction). (3) Exact interest rate offered to the customer will depend on the customer s estimated credit worthiness and may therefore differ from what is set forth in the price list. (4) The interest rate applicable to the main refinancing operations of the European Central Bank (ECB). (5) Payments from the credit account to the current account and cash withdrawals from the credit account do not have an interest free period. If the payment from the credit account to the current account is made in the Client Office then a fee of 2 EUR will be applied. (6) The Gold card will be issued to customers who conform to the terms of Au-client and has concluded the Au-client agreement or to customers who has concluded the International Banking Agreement. The Gold card comes with travel insurance and Estravel Platinum Club. (7) The card will be available for pickup at the LHV Tallinn or Tartu office. Delivery elsewhere will include a courier fee based on the actual cost. (8) Monthly fee without Au-client agreement is 10 euros. 6

Servicing of payment cards Valid as of 01.02.2016 Agreement fees and other fees Agreement signing Payment card service fee Monthly terminal rental fee (1) Short-term terminal rental (1) Monthly fee of e-commerce terminal (1) Processing fee for chargeback Early termination of agreement (2) upon agreement upon agreement 6 EUR per day upon agreement 20 EUR 50 EUR (1) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%. (2) Early termination fee applies if the Merchant terminates the agreement within 6 months of signing the agreement. 7

Deposits Valid as of 01.08.2015 Current deposit (1) Annual interest rate EUR 0.01% (1) For a current deposit, i.e. for money on the account interest is calculated every day based on the day s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts or Trader-accounts. Term deposit Interest rates 8

Securities Valid as of 17.12.2015 Transaction fees (1) Account, Portfolio Management Account Estonian (OMX Tallinn), Latvian (OMX Riga) and Lithuanian (OMX Vilnius) shares 3 EUR + 0.2% US (NYSE, NASDAQ, OTC), Canada (Toronto SE), Russian (MICEX), Finnish (OMX Helsinki), Swedish (OMX Stockholm), Danish (OMX Copenhagen), Norwegian (Oslo SE), German (XETRA), Italian (Borsa Italiana), Spanish (Madrid SE), French (Euronext Paris), Netherlands (Euronext Amsterdam), Portugese (Euronext Lisbon), Belgian (Euronext Brussels), Austrian (Vienna SE) and Swiss (SIX SE) shares 11 EUR + 0.3% UK (London SETS, IOB) shares 11 EUR + 0.8% Polish (Warsaw SE) shares 15 EUR + 0,5% Other shares US options Exercise Modification or cancellation of an option order upon agreement 6 EUR/contract 17 EUR/contract 3 EUR Bonds (2) 6 EUR + 0.2% Fund units LHV Varahaldus, Avaron Asset Management, East Capital Asset Management, SEB Fund Management, SEB Varahaldus, Swedbank Investeerimisfondid, Trigon Funds fund subscription or redemption fee SEF LHV Persian Gulf 1% redemption fee Other funds 1%, min 6 EUR (3) Fund switch Application for redemption of supplementary funded pension units Limit or Stop-loss order (excl. Estonian, Latvian and Lithuanian securities) 5 EUR 3 EUR 3 EUR in addition to base fee Growth Account Purchase Sale 1%, min 2 EUR according to the Account Price List (1) Financial transaction tax may be added in case of buying securities. (2) Minimum of 50,000 euros is required, except LHV bonds. (3) Upon purchasing or selling fund units, a fund subscription or redemption fee may be added in accordance with the conditions of the fund. Management fees (4) Account (5) (6) (7) Securities (excl. following securities) Up to 30,000 EUR 0.025% per month, min 2 EUR The part exceeding 30,000 EUR Estonian, Latvian and Lithuanian shares SEF LHV Persian Gulf Fund II pillar pension fund units III pillar pension fund units 0.015% per month Growth Account (5) (6) (7) (8) 9

Securities Up to 30,000 EUR The part exceeding 30,000 EUR 0.05% per month, min 1 EUR 0.025% per month Portfolio Management Account (6) (9) Assets 0.1% per month, min 30 EUR Baltic analyses (7) Securities min 5 EUR (4) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%. (5) Management fee is calculated on the basis of a month s average market value of securities. If the market value is not available, the nominal value is taken as a basis. (6) No fee is charged for an empty account. (7) If the client has a Portfolio Management account with assets or a Trader Account, then the minimum fee is not applied. (8) First year. (9) Management fee is calculated on the basis of a month s average market value of the assets (incl. money, deposits and securities). If the market value is not available, the nominal value is taken as a basis. Other fees (10) Mandatory funded pension Applications Account, Growth Account, Portfolio Management Account Security transfers Free of payment transfers of (FOP) Estonian, Latvian and Lithuanian securities Delivery versus payments (DVP) of Estonian, Latvian and Lithuanian securities 3 EUR Other foreign securities 7 EUR (11) Estonian CSD account manager change Pledge registration Opening pledge account Transaction with pledged securities Corporate actions Estonian, Latvian and Lithuanian security buying from IPO or additional offering Foreign securities buying from IPO or additional offering, in addition to base fee Participating in shareholders meeting 20 EUR 20 EUR 3 EUR upon agreement (10) If there should be additional brokers fees due to corporate actions or securities held in foreign markets then those might be debited from client s account. (11) Bank service charges related to the transfer are added. 10

Loans Valid as of 01.05.2013 Margin loan and selling short Interest rates Margin rates Overdraft for a private person Agreement signing and amendment Interest rate 1% of the limit, min 16% per year of the credit limit in use (1) contractual interest rate contractual interest rate of the exceeded limit (1) Exact interest rate offered to the customer will depend on the customer s estimated credit worthiness and may therefore differ from what is set forth in the price list. Overdraft for a legal person Agreement signing and amendment Interest rate Limit fee from unused overdraft upon agreement upon agreement 2% per year 0,05% per day contractual interest rate of the exceeded limit Guarantee for a legal person Agreement fee Guarantee fee if secured with a deposit Guarantee fee depending on the collateral 100 EUR 1.5% per year 1.5 4% per year 11

Leasing Valid as of 18.02.2015 Agreement fees Agreement signing fee Amendment to the lease agreement Change of payment date 1% of the asset price, min 150 EUR 100 EUR 30 EUR Early termination by the lessee Private person in case of agreement with variable interest rate Private person in case of agreement with fixed interest rate If the agreement maturity date is within 1 year If the agreement maturity date is over 1 year Legal person in case of agreement with variable interest rate Legal person in case of agreement with fixed interest rate 0,5% of the residual 1% of the residual 3 month interest 1% of the residual Other fees Power of attorney, document processing fee (1) Notarised power of attorney 100 EUR (1) Release of additional collateral Administration of asset related fines and claims 100 EUR 20 EUR (1) + actual costs Insurance payments schedule interest rate 8% Vehicle ownership transfer in Road Administration e-service (1) + state fee (1) Value added tax is applied. Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%. 12

Price List for Au-clients Valid as of 25.03.2014 Monthly fee (1) Au-client monthly fee Current deposit (2) EUR 1% per year Securities management fees (3) (4) (5) Securities (excl. following securities) Up to 30,000 EUR The part exceeding 30,000 EUR Estonian, Latvian and Lithuanian shares 0,015 per month (1) The prerequisite for concluding the Au-client agreement is one of the following: monthly EUR 2,000 income to the customer s LHV Bank account or overall value of the customer s assets deposited in LHV Bank at least EUR 50,000. (2) For a current deposit, i.e. for money on the account interest is calculated every day based on the day s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts, Portfolio Management accounts or Trader-accounts. (3) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%. (4) Management fee is calculated on the basis of a month s average market value of securities. If the market value is not available, the nominal value is taken as a basis. (5) No fee is charged for an empty account. 13

Price List for non-residents Valid as of 01.02.2016 Accounts Opening an account Private person 200 EUR (1) Legal person 500 EUR (2) Closing the account Monthly fee Private person Legal person Payments European payment (4) Outgoing payments In Client office and by phone (3) 30 EUR In Internet bank Private person 2 EUR Legal person Gold card Monthly fee (1) For residents of the European Union, Norway, Iceland, Liehtenstein and Switzerland. (2) For companies registered in Estonia, the European Union (excl. Cyprus, Luxembourg, Malta and the UK) and Norway. (3) Transactions completed via the client manager of Private Banking according to Private Banking agreement. (4) European payment is a payment in euros in SEPA area. SEPA area is a single euro payments area, which includes all member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is shared. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter s account takes place at the latest on the following banking day. 14

Price List of LHV Finance Hire-Purchase and Consumer Loan Valid as of 01.10.2015 Agreement and other fees Interest rate From 15,9% per year (1) Agreement signing Hire purchase, private person Consumer loan, private person Hire purchase, legal person Amendment to the hire purchase agreement 19,9 99,9 EUR 1% from loan sum, min. 29,9 EUR 19,9 199,9 EUR Private person Legal person Contractual interest rate, min. ECB interest rate (2) + 8% per year 0,2% per day Overdue management fee 5 EUR (3) Early termination by the customer Private person Legal person Free of charge 3% from loan balance Fee for paper invoice 1 EUR (3) Document processing fee (3) (1) Interest rate will depend on the customer s estimated credit worthiness. (2) The interest rate applicable to the main refinancing operations of the European Central Bank (ECB). (3) Value added tax is included. 15