Fee Schedule of the Company’s Custody

A) Fees for securities transactions on OSM shall be calculated (net of turnover on REPO transactions performed in the negotiated deals mode (NDM)) according to the Fee Schedules Ediny (Uniform) and Fiksirovanny (Fixed), unless otherwise specified by a bilateral agreement between the Broker and the Client.

Fee Schedule Ediny (Uniform) (for Clients from among legal entities and individuals), except for professional participants of the securities market acting as Sub-brokers or Trustees of third parties’ property, including investment funds’ property):

is calculated in accordance with the following table tariff rates of fee in % of the turnover of the Client's transactions, executed on the respective trading day (excluding the amounts of accumulated interest (coupon) income (hereinafter - ACI)).

The fee is accrued on the day of consummation of the transaction and paid (debited) either on the day of consummation of the transaction or on any other day during the period of limitation established by the applicable legislation of the Russian Federation.

Fee Schedule Fiksirovanny (Fixed) (for Clients from among legal entities, which are financial organizations, including professional participants of the securities market acting as Sub-brokers or Trustees): the fee is 0.0125% of the amount of each transaction (net of ACI amounts).

The fee is accrued on the day of consummation of the transaction and paid (debited) either on the day of consummation of the transaction or on any other day during the period of limitation established by the applicable legislation of the Russian Federation.

B) Fees for securities transactions on OTC market are constituted by a fee under the additional fee of 0.12% of the amount of the transaction (net of ACI amounts), specified in the Instruction, but no less than 2 000 roubles on transactions, unless otherwise specified by a bilateral agreement between the Broker and the Client.

The fee is accrued on the day of consummation of the transaction and paid (debited) either on the day of consummation of the transaction or on any other day during the period of limitation established by the applicable legislation of the Russian Federation.

Turnover of deals transacted by the Broker on OTC market on the Client’s Instructions by the Broker in line with Client instructions in the course of the trading day shall not be included in the turnover of the Client’s transactions for the trading day upon calculation of fees payable on securities transactions performed on OSM.

C) Fees for REPO transactions, unless otherwise specified by a bilateral agreement between the Broker and the Client are calculated according to the following formula: Bc = K * S * T (net of ACI amounts),

where: Bс — broker’s fee for a REPO transaction; К=0.002% — commission for a REPO transaction; S — amount of the first leg of a REPO transaction; T — REPO term in days.

In the event the Broker executes REPO transactions in order to carry over the debt on the Client’s unsecured deals/Margin Transactions to the next trading day, the commission (K) of the Client who provides assets for repayment of another Client’s debt shall make up K=0.007%, and that of the Client whose debt is carried over by such REPO transaction shall be K=0.002%.

The fee is accrued on the day of the calculations in the first leg of the REPO transaction (the date of execution of the first leg of REPO), and charged (debited) or on the day of execution of the first part of the REPO transaction, or any other day within the period of limitation prescribed by the legislation of the Russian Federation.

Turnover on REPO transactions performed by the Broker on the Client’s instructions during a trading day shall not be included in the turnover of the Client’s transactions performed during the trading day upon calculation of the fee on securities transactions on OSM, calculated on the p. 3A.

D) Fees for securities transactions performed in the negotiated deals mode (NDM) on OSM make up 0.02% of the amount of each transaction and are accrue on the day of consummation of the transaction (net of ACI amounts).

The fee is accrued on the day of consummation of the transaction and paid (debited) either on the day of consummation of the transaction or on any other day during the period of limitation established by the applicable legislation of the Russian Federation.

Turnover of securities transactions performed by the Broker the in NDM on OSM on the Client’s instructions in the course of a trading day shall not be included in the turnover of the Client’s securities transactions for the trading day upon calculation of the fees for securities transactions on OSM, calculated on the p. 3A.

Fees shall be charged by direct debiting of funds from the Client’s Single Brokerage Account/Sub-account.

In case the turnover for fee calculation is expressed in a foreign currency, it shall be translated into roubles at the exchange rate of the Bank of Russia as at the date of settlement/calculation.

No fee shall be charged from the Client in the event of a lack of functionality with the Client through the fault of the Broker to create and dispatch s document in an electronic format and/or place it in the Client‘s Cabinet.

• indication in the Profile submitted with the Application on Accession to TBFM of the details of the settlement/current account opened by the Client with OJSC VTB Bank, OJSC Bank of Moscow, CJSC VTB 24;
• provision of a certified copy of the document confirming the execution of the Contract (brokerage, custody and/or trust management services) between the Client and one of the following organizations: CJSC VTB Capital, CJSC VTB Capital Asset Management, VTB Capital Pension Reserve Ltd, CJSC MC Bank of Moscow, CJSC VTB 24.

Discount shall only apply upon the calculation of Broker’s fee based on the turnover of the Client’s transactions for a trading day.

Modified fees shall come into force 10 (ten) Business Days following the date of their publication.