Services and operations fees

• Glossary of the most representative services linked to a payment account
• Fee information document (Standard Bank’s rates of fees)
• Fee information document (“Basic Payment Account Service”)
• Fee information document (“Convenient” and “Convenient” for clients receiving salary)
• Fee information document (“Convenient Plus”)
• Fee information document (“Convenient” for Senior Programme participants)
• Fee information document (“Convenient” for participants in the Plan “Zero+” of Youth Programme)
• Fee information document (“Convenient” for participants in the Plan "One+”,"Two+” and “Three+” of Youth Programme)
• Fee information document (“Convenient” for participants of Gold Service Programme)
• Fee information document (“Convenient” for Private Banking clients)

Bank account-based transactions are carried out in accordance with the valid Bank's rates of fees.

¹ Legally reside consumer is a natural person who legally resides in the Republic of Lithuania or another Member State of the European Union or European Economic Area, i.e. a person who in observance legal acts of Republic of Lithuania or another Member State has the right to reside in Republic of Lithuania or such other Member State, respectively.

² Fee applies to every account held by the client.

³ Swedbank Group banks:

• Swedbank (SWIFT code: SWEDSESS), Sweden, Stockholm
• Swedbank (SWIFT code: SWEDFIHH), Finland
• Swedbank (SWIFT code: SWEDNOKK), Norway
• Swedbank AS (SWIFT code: HABAEE2X), Estonia
• Swedbank AS (SWIFT code: HABALV22), Latvia

⁴ EUR-denominated transfer from the EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican, if terms are acceptable, in this case the Payee's bank SWIFT (BIC) must be indicated; the Payee's bank account must be indicated in IBAN format; and the payment type is designated SHA.

* If a natural person does not use Swedbank Internet Banking, and periodic statements of their accounts for the previous month are not prepared and issued at the Bank office, once per calendar month a statement for a period of no more than 30 last days or for a past calendar month is issued free of charge.

• Contactless „Debit Mastercard” fees
• Contactless „Private Banking Debit Mastercard” fees
• Contactless Mastercard WEB fees
• Temporary ATM card fees for private persons

Contactless Debit Mastercard

Valid from 07-12-2023

• ¹ Fee applies to the issuance of a new, renewed or replaced debit card. Fee will be charged when card is activated does not matter the card is included in the service plan or not.
• ² Fee is debited when activating new, renewed or replaced debit card (if the card is not included in the service plan). Renewed debit card can be sent by post without separate customer request by Swedbank decision.
• ³ For urgent card delivery, standard card issuing fee by post applies additionally (if card is not added into service plan), or card issuing fee at the branch, depending on chosen method of card delivery. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:
  • on the next working day, if the card was ordered before 1:00 p.m.;
  • within two working days, if the card was ordered after 1:00 p.m.
• ⁴ Information about the ATM network BANKOMATAS.LT can be found at www.bankomatas.lt.
• ⁵ Fee will be charged on the 15th day of next month.
• ⁶ Information about partners which are providing cash out service for cards issued by Swedbank, AB is submitted in the website of the bank www.swedbank.lt.
• ⁷ When card transaction is made in currency other than euro (including a cash-out with a card), conversion to euro is being calculated using „Mastercard International“ currency exchange rate at transaction processing day and increasing the amount by value stated in the pricelist. The currency conversion calculator (for Mastercard transactions) is available on the Bank's website https://www.swedbank.lt/private/home/more/calculator may be used to calculate exchange rates.
• ⁸ Transactions limits (expect for cash-in limit in ATMs) may be changed upon individual cardholder’s requests.
• ⁹ This is the total limit for all accounts of the same customer and the cards linked to these accounts. The total amount for cash withdrawal operations at ATMs applies to contracts signed before 01/10/2023.
• ¹⁰ This is the total limit for all accounts of the same customer and the cards linked to these accounts. The total amount for cash withdrawal operations at ATMs applies to contracts signed after 01/10/2023.

Contactless Private Banking Debit Mastercard

Valid from 07-12-2023

• ¹ Fee applies to the issuance of a new, renewed or replaced debit card. Fee will be charged when card is activated does not matter the card is included in the service plan or not.
• ² Fee is debited when activating new, renewed or replaced debit card (if the card is not included in the service plan). Renewed debit card can be sent by post without separate customer request by Swedbank decision.
• ³ For urgent card delivery, standard card issuing fee by post applies additionally (if card is not added into service plan), or card issuing fee at the branch, depending on chosen method of card delivery. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:
  • on the next working day, if the card was ordered before 1:00 p.m.;
  • within two working days, if the card was ordered after 1:00 p.m.
• ⁴ Information about the ATM network BANKOMATAS.LT can be found at www.bankomatas.lt.
• ⁵ Fee will be charged on the 15th day of next month.
• ⁶ Information about partners which are providing cash out service for cards issued by Swedbank, AB is submitted in the website of the bank www.swedbank.lt.
• ⁷ When card transaction is made in currency other than euro (including a cash-out with a card), conversion to euro is being calculated using „Mastercard International“ currency exchange rate at transaction processing day and increasing the amount by value stated in the pricelist. The currency conversion calculator (for Mastercard transactions) is available on the Bank's website https://www.swedbank.lt/private/home/more/calculator may be used to calculate exchange rates.
• ⁸ Transactions limits (expect for cash-in limit in ATMs) may be changed upon individual cardholder’s requests.
• ⁹ This is the total limit for all accounts of the same customer and the cards linked to these accounts. The total amount for cash withdrawal operations at ATMs applies to contracts signed before 01/10/2023.
• ¹⁰ This is the total limit for all accounts of the same customer and the cards linked to these accounts. The total amount for cash withdrawal operations at ATMs applies to contracts signed after 01/10/2023.

Contactless Mastercard WEB

Valid from 01-01-2025

• ¹ Fee applies to the issuance of a new, renewed or replaced debit card. Fee will be charged when card is activated does not matter the card is included in the service plan or not.
• ² Fee is debited when activating new, renewed or replaced debit card (if the card is not included in the service plan). Renewed debit card can be sent by post without separate customer request by Swedbank decision.
• ³ For urgent card delivery, standard card issuing fee by post applies additionally (if card is not added into service plan), or card issuing fee at the branch, depending on chosen method of card delivery. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:
  • on the next working day, if the card was ordered before 1:00 p.m.;
  • within two working days, if the card was ordered after 1:00 p.m.
• ⁴ Except at other partners cash out service providing venues, where cash withdrawal fee 0.5% min EUR 0,5 is applied for each transaction.
• ⁵ Fee will be charged on the 15th day of next month.
• ⁶ When card transaction is made in currency other than euro (including a cash-out with a card) above 10.000 Eur/mo, conversion to euro is being calculated using „Mastercard International“ currency exchange rate at transaction processing day and increasing the amount by value stated (2,45%). Currency exchange fees can be calculated using a currency exchange calculator accessible in Bank‘s webpage: Calculators - Swedbank.
• ⁷ Transactions limits (expect for cash-in limit in ATMs) may be changed upon individual cardholder’s requests.
• ⁸ This is the total limit for all accounts of the same customer and the cards linked to these accounts.

Temporary ATM card fees for private persons

Valid from 2023-02-01

• ¹ For monthly cash withdrawals exceeding EUR 580, a 0.5 % min EUR 0,5 fee is applied for all amounts above EUR 580. Fee will be charged on the 15th day of next month.
• ² Transactions limits (expect for cash-in limit in ATMs) may be changed upon individual cardholder’s requests.
• ³ This is the total limit for all accounts of the same customer and the cards linked to these accounts.

• Standard Credit Card issue and administration fees (Mastercard Standard)
• Gold Credit Card issue and administration fees (Mastercard Gold)
• Platinum Credit Card issue and administration fees (Mastercard Platinum)
• Fixed Payment Credit Card issue and administration fees

Standard Credit Card issue and administration fees (Mastercard Standard)

Valid from 2025-04-01

Standard Credit Card service terms and conditions (Mastercard Standard)

¹All fees are debited from the client’s account at the Bank, unless stated otherwise in the Fees and the credit card agreement.
²The fee is debited monthly on the day of payment specified in the agreement.
³Applies for new, renewed and replaced cards. Renewed card can be sent by post with „Swedbank“, AB decision without separate customer request
⁴For urgent card delivery, standard card issuance fee applies additionally, depending on the method of card delivery chosen by the customer: by courier or in the branch. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:

• on the next working day, if the card was ordered before 1:00 p.m.;
• within two working days, if the card was ordered after 1:00 p.m.;
• a new credit card, when the credit limit has not yet been granted, after the decision on granting the credit limit has been made.

Gold Credit Card issue and administration fees (Mastercard Gold)

Valid from 2025-04-01

Gold Card service terms and conditions (Mastercard Gold)

¹All fees are debited from the client’s account at the Bank, unless stated otherwise in the Fees and the credit card agreement.
²The fee is debited monthly on the day of payment specified in the agreement.
³Applies for new, renewed and replaced cards. Renewed card can be sent by post with „Swedbank“, AB decision without separate customer request.
⁴For urgent card delivery, standard card issuance fee applies additionally, depending on the method of card delivery chosen by the customer: by courier or in the branch. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:

• on the next working day, if the card was ordered before 1:00 p.m.;
• within two working days, if the card was ordered after 1:00 p.m.;
• a new credit card, when the credit limit has not yet been granted, after the decision on granting the credit limit has been made.

Platinum Credit Card issue and administration fees (Mastercard Platinum)

Valid from 2025-04-01

¹All fees are debited from the client’s account at the Bank, unless stated otherwise in the Fees and the credit card agreement.
²Applies for new, renewed and replaced cards. Renewed card can be sent by post with „Swedbank“, AB decision without separate customer request.
³For urgent card delivery, standard card issuance fee applies additionally, depending on the method of card delivery chosen by the customer: by courier or in the branch. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:

• on the next working day, if the card was ordered before 1:00 p.m.;
• within two working days, if the card was ordered after 1:00 p.m.;
• a new credit card, when the credit limit has not yet been granted, after the decision on granting the credit limit has been made.

Fixed Payment Credit Card issue and administration fees

Valid from 2025-04-01

New Fixed payment credit cards are no longer issued from 16.06.2022. Cards expiring 31.08.2023 and later will not be automatically renewed, but still will be replaced in case stolen, lost or upon customer request.

Fixed payment credit card service terms and conditions (Mastercard Standard)

¹All fees are debited from servicing unless stated otherwise in pricelist or credit card agreement.
²Applies replaced cards.
³For urgent card delivery, standard card issuance fee applies additionally, depending on the method of card delivery chosen by the customer: by courier or in the branch. The card will be delivered to the bank's branch or to the address indicated by the customer in Lithuania by a courier:

• on the next working day, if the card was ordered before 1:00 p.m.;
• within two working days, if the card was ordered after 1:00 p.m.

Rates of Swedbank service plans

documentValid from 2025-01-01

Valid from 2025-01-01

• 1. General Terms for Applying Service Plan Fees:
• 1.1. The terms used in the fees shall have the meaning assigned to them in Service and Operation Fees of Swedbank.
• 1.2. The "Convenient" and "Convenient Plus" Service Plans are applied to all customer's accounts in Bank.
• 1.3. The customer selects or changes the Service Plan by submitting a request to Bank.
• 1.4. The fee shall be charged per each calendar month and debited on 1 – 15 next month for the previous month. The fee shall be paid irrespective of the use of services covered by the Service Plan. The monthly fee for the first month when the customer chooses the Service Plan and for the last month when the customer refuses the chosen Service Plan shall be calculated proportionately to the number of days during which the terms and conditions of the chosen Service Plan were applied to the customer.
• 1.5. The fee for issuing a debit card by post is not applied when issuing a new, renewed, or replacing a lost, stolen, or customer-requested card. The renewed card may be sent by post at the decision of Bank, i.e., without a separate customer’s request.
• 1.6. The Service Plan includes a contactless "Debit Mastercard" card. The customer’s debit card included in the Service Plan shall not be eligible for any other discounts unless Bank specifies otherwise.
• 1.7. The customer can refuse the "Convenient" and "Convenient Plus" Service Plans, but must inform Bank of their refusal 30 days in advance.
• 1.8. Upon refusal of the Service Plan, standard Service and Operation Fees of Swedbank will come in force.
• 1.9. At one time, the customer may have chosen only one Service Plan.
• 1.10. When the customer selects another offered Service Plan, it is considered that the previous Service Plan was refused.
• 1.11. Services not covered by the Service Plan shall be charged at standard Service and Operation Fees of Swedbank.
• 1.12. Information about the ATM network BANKOMATAS.LT can be found at www.bankomatas.lt.

• 2. Conditions Applicable Only to the “Basic Payment Account Service” Service Plan:
• 2.1. It is not mandatory to purchase additional services to use the "Basic Payment Account Service" Plan.
• 2.2. The “Basic Payment Account Service” Plan is applied to one customer-chosen account in Bank. Standard fees are applied to other customer accounts.
• 2.3. Customers who have subscribed to the “Basic Payment Account Service” Plan and are entitled to social assistance as deprived persons under the Law of the Republic of Lithuania on Monetary Support for Deprived Citizens (hereinafter referred to as the ‘Law’) are charged a monthly fee of EUR 0.50. Customers who are no longer considered entitled to social assistance as deprived persons under the Law will be charged a monthly fee of EUR 1.00.
• 2.4. After exceeding 15 payments per month, standard Service and Operation Fees of Swedbank apply.
• 2.5. When the “Basic Payment Account Service” Plan is chosen and the customer does not have a smart device or does not want to use Smart-ID, a PIN calculator can be issued free of charge.
• 2.6. The customer can refuse the “Basic Payment Account Service” Plan at any time.

documentValid from 2023-10-01

Valid from 2023-02-01

• ¹ This Service Plan may be ordered only by those clients (natural persons), who receive salary to their account with the Bank. We consider as salary: the remuneration for work, income received according to authorship contracts or other contracts and other regular earnings. If the salary to the client, who has ordered the Service Plan, is not transferred for 3 months in a row, the provision of the Service Plan “Convenient” for clients receiving salary shall be discontinued from the next month and the client will be charged at standard fees for services and operations of Swedbank.
• ² The fee shall be charged per each calendar month and debited on 1 – 15 next month for the previous month. The fee shall be paid irrespective of the use of services covered by the Service Plan. A monthly fee for the first month when the client chooses the Service Plan and for the last month when the client refuses the chosen Service Plan shall be calculated proportionately to the number of days during which the terms and conditions of the chosen Service Plan were applied to the client. The Service Plan is applied to all accounts of the client with the Bank.
• ³ The Service Plan shall include one held debit card (Maestro Basic or Contactless Debit MasterCard). The Bank, at its own discretion, will choose and include in the Service Plan one of the above specified debit cards held by the client (on the client’s request, other held debit card may be included in the Service Plan), which later will be renewed replacing it by the card specified in the Service Plan. The client’s debit card included in the Service Plan shall not be eligible for any other discounts, unless the Bank specifies otherwise.
• ⁴ The renewed card may be delivered by the decision of Swedbank, AB, i.e. without a separate customer’s request.
• ⁵ Information about the ATM network BANKOMATAS.LT can be found at www.bankomatas.lt.
• ⁶ In the case of withdrawal of more than EUR 580 per month, a fee of 0.5%, min EUR 0.5 shall be charged on the amount exceeding EUR 580.
• ⁷ The maximum permissible amount of cash withdrawal at all ATMs is EUR 10 000 per calendar month (this is the total limit for cash withdrawal at all ATMs applicable to all accounts of the same customer and the cards linked to these accounts).
• ⁸ The maximum permissible amount of cash depositing at ATMs of Swedbank, AB is EUR 7 500 per calendar month. This is the total limit applicable to all accounts of the same customer and the cards linked to these accounts.

• General terms and conditions of application of the fees of the Service Plan:
• The terms used in the Fees shall have the meaning assigned to them in Service and Operation Fees of Swedbank.
• The Service Plan shall be chosen by the client upon submission of the application with the Bank. The client, who submits the application to the Bank, can refuse such a Plan at any time or choose a different Service Plan offered by the Bank.
• At one time, the client may choose only one Service Plan.
• The client, who chooses a different Service Plan offered by the Bank, shall be considered to have refused the Service Plan “Convenient” for clients receiving salary.
• Services not covered by the Service Plan shall be charged at standard fees for services and operations of Swedbank.

documentYouth Programme Fees (valid from 28 June 2024)

• ^* Value Added Tax.
• ¹ This plan can no longer be chosen.
• ² The fee shall be charged for each calendar month and debited on the 1st–15th of the following calendar month for the previous month. The fee shall be charged irrespective of the use of services covered by the Service Plan. A monthly fee for participation in the Youth Programme Plan “Four+” for the first month in which the customer submits a request for application of the Service Plan “Convenient” for the participants in the Youth Programme Plan “Four+” and for the last month in which the customer loses the status of the participant in or refuses the Service Plan “Convenient” for the participants in the Youth Programme Plan “Four+” shall be calculated proportionately to the number of days during which the terms and conditions of the Service Plan “Convenient” for the participants in the Youth Programme Plan “Four+” were applied to the customer.
• ³ The Service Plan shall apply to all customer’s accounts in the Bank.
• ⁴ Instant credit transfer shall mean the SEPA instant credit transfer in the amount not exceeding EUR 15 000 and executed in accordance with the rules of the Instant Payment Scheme applicable within the European Union. Instant credit transfers shall only be executed to those banks registered in Lithuania which have joined the Instant Payment Scheme.
• ⁵ The Service Plan “Convenient” for the participants in the Youth Programme Plan “One+”, the Service Plan “Convenient” for the participants in the Youth Programme Plans “Two+” and “Three+” and the Service Plan “Convenient” for the participants in the Youth Programme Plan “Four+” may include one payment card of the Youth Programme held by the customer. The Bank, at its own discretion, shall choose and include in the Service Plan one of the debit cards held by the customer, which will be later renewed replacing it with the card specified in the Service Plan. The customer’s debit card included in the Service Plan shall not be eligible for any other discounts, unless the Bank specifies otherwise.
• ⁶ The fee shall not apply to the issuance of a new, renewed or replacement card if the card is missing or has been lost or upon the customer’s request. A renewed card may be sent by post by the decision of Swedbank, AB, i.e. without a separate customer’s request.
• ⁷ Information about partners which are providing cash out service for cards issued by “Swedbank”, AB is submitted in the website of the bank www.swedbank.lt.
• ⁸ In case of withdrawal of more than EUR 290 per month, a fee of 0.5% shall be charged on the amount exceeding EUR 290. The fee shall be debited on the 15th of the following month. The maximum allowable cash withdrawal amount per calendar month is EUR 10 000 (this is a general limit applicable to all accounts of the same customer and the cards linked to these accounts).
• ⁹ Maximum permissible amount of EUR 7 500 per calendar month for cash depositing in ATMs of Swedbank, AB shall apply. This is a general limit applicable to all accounts of the same customer and the cards linked to these accounts.
• ¹⁰ If the customer does not have a smart device and/or is unable to create Smart-ID account, a PIN generator may be issued at no extra charge. The PIN generator can be issued to participants of Youth Programme plans "One+", "Two+" and "Three+".

• General terms and conditions of application of the Service Plan fees:
• The terms used in the Fees shall have the meaning assigned to them in Swedbank’s Services and Operations Fees. The fees shall only apply to Youth Programme participants. From the moment of losing the Youth Programme participant’s status the customer shall be charged at standard fees for Swedbank’s services and operations.
• A customer may only choose one Service Plan at a time.
• If a customer chooses a different Service Plan offered by the Bank it shall be considered that the customer has refused the Service Plan “Convenient” for the participants in the Youth Programme Plan “One+” or the Service Plan “Convenient” for the participants in the Youth Programme Plans “Two+” and “Three+”, or the Service Plan “Convenient” for the participants in the Youth Programme Plan “Four+” (depending on the Service Plan that was applied to the customer), and also a monthly fee for participation in the Youth Programme Plan “Four+” shall no longer be charged on the customer who participated in the Youth Programme Plan “Four+”.
• Services not covered by the Service Plan shall be charged at standard fees for Swedbank’s services and operations.
• The Youth Programme participant’s status shall be considered to be lost in the circumstances specified in paragraph 4.3 of the General Terms and Conditions of the Youth Programme.

documentSenior programme fees (valid from 1 February 2023)

• ¹ The Service Plan “Convenient” for Senior Programme participants shall apply to the participants in the Senior Programme and all customer’s accounts in the Bank.
• ² The fee shall be charged for each calendar month and debited on the 1st–15th of the following calendar month for the previous month. The fee shall be charged irrespective of the use of services covered by the Service Plan. A monthly fee for the Service Plan for the first month and for the last month in which the customer refuses the Service Plan shall be calculated proportionately to the number of days during which the terms and conditions of the Service Plan were applied to the customer.
• ³ Instant credit transfer shall mean the SEPA instant credit transfer in the amount not exceeding EUR 15 000 and executed in accordance with the rules of the Instant Payment Scheme applicable within the European Union. Instant credit transfers shall only be executed to those banks registered in Lithuania which have joined the Instant Payment Scheme.
• ⁴ The Service Plan shall include one debit card held by the customer. The effective standard card fees, except for those specified in points 4 and 5, shall apply to the customer’s debit card included in the Service Plan.
• ⁵ The fee shall not apply to the issuance of a new, renewed or replacement card if the card is missing or has been lost or upon the customer’s request. A renewed card may be sent by post by the decision of Swedbank, AB, i.e. without a separate customer’s request.
• ⁶ Information about the ATM network BANKOMATAS.LT can be found at www.bankomatas.lt.
• ⁷ In case of withdrawal of more than EUR 580 per month, a fee of 0.5% (the minimum being EUR 0.50) shall be charged on the amount exceeding EUR 580. The fee shall be debited on the 15th of the following month.
• ⁸ The maximum allowable cash withdrawal amount per calendar month is EUR 10 000 (this is a general limit applicable to all accounts of the same customer and the cards linked to these accounts).
• ⁹ Maximum permissible amount of EUR 7 500 per calendar month for cash depositing in ATMs of Swedbank, AB shall apply. This is a general limit applicable to all accounts of the same customer and the cards linked to these accounts.
• ¹⁰ If the customer does not have a smart device and/or upon the customer’s request, an identification code generator may be issued instead of Smart-ID at no extra charge.
• ¹¹ A discount shall apply when insuring real estate, home contents and civil liability or real estate and home contents. A 10% discount shall apply when insuring real estate and civil liability or just real estate. Insurance services are provided by Swedbank P&C Insurance AS Lithuanian Branch through the representative Swedbank, AB.

• General terms and conditions of application of the Service Plan fees:
• The terms used in the Fees shall have the meaning assigned to them in Swedbank’s Services and Operations Fees. The fees of the Senior Programme and respectively the Service Plan “Convenient” shall start to apply after the customer becomes the participant in the Senior Programme. Having filed an application with the Bank, the customer may at any time refuse this plan or choose another Service Plan offered by the Bank.
• The Service Plan “Convenient” for Senior Programme participants shall only apply to the participants in the Senior Programme.
• From the moment of losing the Senior Programme participant’s status or refusing the chosen Service Plan the customer shall be charged at standard fees for Swedbank’s services and operations.
• The Senior Programme participant’s status shall be considered to be lost in the circumstances specified in the section “End of participation in the Senior Programme” of the General Terms and Conditions of the Senior Programme. A customer may only choose one Service Plan at a time.
• If a customer chooses a different Service Plan offered by the Bank it shall be considered that the customer has refused the Service Plan “Convenient” for Senior Programme participants.
• Services not covered by the Service Plan “Convenient” for Senior Programme participants shall be charged at standard fees for services and operations.

Transactions conducted via the Swedbank Internet Banking facility are charged according to the applicable Bank rates.

Bank by phone service is provided only for natural persons.
Credit transfers available Bank by phone: credit transfers SEPA and credit transfers non SEPA within Swedbank, AB, ordinary credit transfers SEPA to the banks incorporated in Lithuania, credit transfers SEPA - [European payment], credit transfer non SEPA in Eur, credit transfer non SEPA to others banks and Giro payments in Eur.
Fees of a respective credit transfer in Bank branches apply.

*Limited usage account for natural persons - payment account of limited functionality intended for: i) saving of the credit proceeds being repaid and/or administration of the credit (when the account is indicated in the credit agreement or other credit documents); or ii) for saving / disbursing of the deposit in EUR proceeds when the natural person is not willing to have a deposit servicing bank account with the Bank.

** Servicing account of deposit account -limited functionality account opened for depositing / withdrawing deposit funds under relevant deposit agreements until 01/01/2017, No new servicing accounts of deposit accounts shall be opened.

*** Cash transactions via Bank account can be carried out only in EUR.

Day shall mean a period within which payment will credited to a beneficiary, where T0 means that payments are to be credited to the beneficiary’s account on the same day when Bank (until 17:00 on the same day) receives the payment and all information required for crediting payment from the payer’s bank. If the information is not sufficient or inaccurate for crediting the payment, the payment will be credited not earlier than on the next Bank business day.

Bank’s business day shall mean a day where such a day is neither Saturday nor Sunday, nor any other day-off or holiday defined by the legal acts of the Republic of Lithuania.

Note: On Good Friday EUR-denominated transfers are not received from other banks incorporated in Lithuania.

¹ Swedbank Group banks:

Swedbank (SWIFT code: SWEDSESS), Sweden, Stockholm

Swedbank (SWIFT code: SWEDFIHH), Finland

Swedbank (SWIFT code: SWEDNOKK), Norway

Swedbank AS (SWIFT code: HABAEE2X), Estonia

Swedbank AS (SWIFT code: HABALV22), Latvia

² Payments from banks or payment institutions in foreign countries except Russia and Belarus.

³ EUR-denominated payment from the EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican if terms are acceptable, in this case the Payee's bank SWIFT (BIC) must be indicated; the Payee's bank account must be indicated in IBAN format; and the payment type is designated SHA.

⁴ SEK or RON denominated payment from the EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican if terms are acceptable, in this case the Payee's bank SWIFT (BIC) must be indicated; the Payee's bank account must be indicated in IBAN format; and the payment type is designated SHA.

Hour shall mean an hour until which the payment order delivered on the Bank’s business day is considered as received (the countdown of the term of executing such payment order starts) on the same day and shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the payment order. Payment order delivered after the specified hour on the Bank’s business day or on the day that is not the Bank’s business day shall be considered as received (the countdown of the term of executing such payment order starts) on the next Bank’s business day, but the funds will be debited immediately, thought it shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of such next Bank’s business day (for example, should it be specified 14:00 in the ‘Hour’ column and T0 Day in the ‘Day’ column, a payment order delivered until 14:00 on the Bank’s business day shall be executed on the day of delivery of the payment order, while a payment order delivered after 14:00 or on a day that is not Bank’s business day shall be executed on the next Bank’s business day). The payment order submitted on the Bank's business day after the specified hour or on a day which is not a Bank's business day, if it has not been sent from the Bank yet, may be canceled by 4:00 on the next Bank's business day. The payment order submitted on the Bank's business day by 3:59 may be canceled before 4:00 on the same Bank business day.

Should nothing be specified in the ‘Hour’ column, payment order delivered at any time on the Bank’s business day shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the payment order.

Day shall mean a number of the Bank’s business days within which a payment order shall be executed. Countdown of the said term shall be started on the day of the receipt of a payment order, taking into account whether the payment order is delivered on the Bank’s business day and/or until the set hour on the Banks business day (see "Hour" explanations provided hereinabove). For example, T0 - the payment order shall be executed on the same Bank’s business day if delivered until time specified in the "Hour" column.

Bank’s business day:

• credit transfers within Bank and Instant credit transfers – on each calendar day;
• credit transfers SEPA to other banks incorporated in Lithuania (except Instant credit transfers) and [European payment]² – on a day that is neither Saturday, nor Sunday, Great Easter Friday, second Easter day, 1st of May, 25th and 26th of December, 1st of January;

¹ Instant credit transfer – the SEPA Instant credit of amount is less than EUR 15 000. Processed by EU valid instant payments schema rules. Currently Instant credit transfers are sent only to the banks registered in Lithuania that have joined Instant payments schema.

² To the EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican, if terms are acceptable, in this case the Payee’s bank SWIFT (BIC) must be indicated; the

Payee’s bank account must be indicated in IBAN format, and the payment type is designated SHA.

³ Swedbank Group banks:

Swedbank (SWIFT code: SWEDSESS), Sweden, Stockholm

Swedbank (SWIFT code: SWEDFIHH), Finland

Swedbank (SWIFT code: SWEDNOKK), Norway

Swedbank AS (SWIFT code: HABAEE2X), Estonia

Swedbank AS (SWIFT code: HABALV22), Latvia

Explanations of OUR and SHA credit transfers

OUR OUR type credit transfer means that when the funds are transferred to the Payee, the Payer (you) undertakes to pay all charges applicable by Bank and other banks’ fees established for this type of credit transfer. Where your credit transfer of such a charge to the Bank for effecting the payment order does not fully cover the charges stipulated by your Correspondent bank and the Payee's bank for effecting the payment order in question, you are expected to additionally cover the difference of the charges set by the Correspondent and Payee's banks.

SHA. SHA type credit transfer means that the Payer (you) covers the transfer-related fees charged by Bank; fees of the other banks are to be covered by the Payee (meaning that the Payee may receive not a full amount, if agreed accordingly with his payment service provider).

In case of credit transfer SEPA you (as a Payer) select the OUR transfer, Bank may refuse to carry out such credit transfer on its own discretion (the payment order shall be considered not received) or proceed with the credit transfer after changing it to the SHA transfer.

Hour shall mean an hour until which the payment order delivered on the Bank’s business day is considered as received (the countdown of the term of executing such payment order starts) on the same day and shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the order. Payment order delivered after the specified hour on the Bank’s business day or on the day that is not the Bank’s business day shall be considered as received (the countdown of the term of executing such payment order starts) on the next Bank’s business day, but the funds will be debited immediately, thought it shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of such next Bank’s business day (for example, should it be specified 14:00 in the ‘Hour’ column and T0 Day in the ‘Day’ column, a payment order delivered until 14:00 on the Bank’s business day shall be executed on the day of delivery of the order, while a payment order delivered after 14:00 or on a day that is not Bank’s business day shall be executed on the next Bank’s business day). The payment order submitted on the Bank's business day after the specified hour or on a day which is not a Bank's business day, if it has not been sent from the Bank yet, may be canceled by 4:00 on the next Bank's business day. The payment order submitted on the Bank's business day by 3:59 may be canceled before 4:00 on the same Bank business day.

Should nothing be specified in the ‘Hour’ column, payment order delivered at any time on the Bank’s business day shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the payment order.

Day shall mean a number of the Bank's business days within which a payment order shall be executed. Countdown of the said term shall be started on the day of the receipt of a payment order,

taking into account whether the payment order is delivered on the Bank's business day and/or until the set hour on the Bank's business day (see 'Hour' explanations provided hereinabove). For example, T0 - the payment order shall be executed on the same Bank's business day if delivered until time specified in the 'Hour' column.

Bank's business day:

• Credit transfers non SEPA within Bank – on each calendar day;
• Other credit transfers non SEPA – on a day when Bank’s intermediate bank and beneficiary's bank performs transactions under the respective credit transfers. Bank performs such transactions on days that are neither Saturday, nor Sunday, nor other day-off or holiday defined by the legal acts of the Republic of Lithuania.

¹ To banks and payment service institutions in Lithuania and other countries, except for: Afghanistan, American Samoa, Anguilla, Aruba, Belarus, Belize, Bhutan, Bonaire, Sint Eustatius and Saba, British Virgin Islands, Brunei Darussalam, Burkina Faso, Burundi, Central African Republic, Chad, Comoros, Cook Islands, Democratic People's Republic of Korea (North Korea), Djibouti, East Timor (Timor Leste), El Salvador, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Fiji, Gambia, Grenada, Guinea, Guinea-Bissau, Haiti, Islamic Republic of Iran, Iraq, Kiribati, Lesotho, Marshall Islands, Mauritania, Myanmar (Burma), Federated States of Micronesia, Montserrat, Nauru, Niger, Niue, Northern Mariana Islands, Palau, Papua New Guinea, Russia, Saint Helena, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Syria, Solomon Islands, Somalia, South Sudan, Suriname, Tonga, Turks and Caicos, Tuvalu, Vanuatu, Bolivarian Republic of Venezuela, Wallis and Futuna, Western Sahara.

² Swedbank Group banks:

Swedbank (SWIFT code: SWEDSESS), Sweden, Stockholm

Swedbank (SWIFT code: SWEDFIHH), Finland

Swedbank (SWIFT code: SWEDNOKK), Norway

Swedbank AS (SWIFT code: HABAEE2X), Estonia

Swedbank AS (SWIFT code: HABALV22), Latvia

³ OUR credit transfers non SEPA shall be available only in certain cases when credit transfer non SEPA is executed to the other state which is a non EU Member State, Iceland, Liechtenstein, Norway.

If the credit transfer non SEPA is made in any currency to EU Member State, Iceland, Liechtenstein, Norway and you (as a Payer) select the OUR transfer, Bank may refuse to carry out such credit transfer on its own discretion (the payment order shall be considered not received) or proceed with the credit transfer after changing it to the SHA credit transfer.

Explanations of OUR and SHA credit transfers

OUR. OUR type credit transfer means that when the funds are transferred to the Payee, the Payer (you) undertakes to pay all charges applicable by Bank and other banks' fees established for this type of credit transfer. Where your payment of such a charge to the Bank for effecting the payment order does not fully cover the charges stipulated by your Correspondent bank and the Payee's bank for effecting the payment order in question, you are expected to additionally cover the difference of the charges set by the Correspondent and Payee's banks.

Note: if a credit transfer is denominated in USD, other banks' fees can be additionally debited from the Payee's bank account.

SHA. SHA type credit transfer means that the Payer (you) covers the transfer-related fees charged by Bank; fees of the other banks are to be covered by the Payee (meaning that the Payee may receive not a full amount , if agreed accordingly with his payment service provider).

Explanation of the return of credit transfers
In cases when return of the credit transfer is initiated by the beneficiary bank or bank correspondent (e.g. due compliance risk, inaccurate payment data, etc.), their fees can be deducted from the transfer amount or debited from the payer's (your) account.

Hour shall mean an hour until which the payment order delivered on the Bank’s business day is considered as received (the countdown of the term of executing such payment order starts) on the same day and shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the payment order. Payment order delivered after the specified hour on the Bank’s business day or on the day that is not the Bank’s business day shall be considered as received (the countdown of the term of executing such payment order starts) on the next Bank’s business day, but the funds will be debited immediately, thought it shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of such next Bank’s business day (for example, should it be specified 14:00 in the ‘Hour’ column and T0 Day in the ‘Day’ column, a payment order delivered until 14:00 on the Bank’s business day shall be executed on the day of delivery of the payment order, while a payment order delivered after 14:00 or on a day that is not Bank’s business day shall be executed on the next Bank’s business day). The payment order submitted on the Bank's business day after the specified hour or on a day which is not a Bank's business day, if it has not been sent from the Bank yet, may be canceled by 4:00 on the next Bank's business day. The payment order submitted on the Bank's business day by 3:59 may be canceled before 4:00 on the same Bank business day.

Should nothing be specified in the ‘Hour’ column, payment order delivered at any time on the Bank’s business day shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of the payment order.

Day shall mean a number of the Bank’s business days within which a payment order shall be executed. Countdown of the said term shall be started on the day of the receipt of a payment order, taking into account whether the payment order is delivered on the Bank’s business day and/or until the set hour on the Bank’s business day (see ‘Hour’ explanations provided herein above). For example, T0 - the payment order shall be executed on the same Bank’s business day if delivered until time specified in the ‘Hour’ column.

Bank’s business day:
- Credit transfers within Bank – on each calendar day;
- Credit transfers SEPA to other banks incorporated in Lithuania– on a day that is neither Saturday, nor Sunday, Great Easter Friday, second Easter day, 1st of May, 25th and 26th of December, 1st of January.

Hour shall mean an hour until which Giro payment delivered on the Bank’s business day is considered as received (the countdown of the term of executing such Giro payment starts) on the same day and shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of Giro payment. Giro payment delivered after the specified hour on the Bank’s business day or on the day that is not the Bank’s business day shall be considered as received (the countdown of the term of executing such Giro payment starts) on the next Bank’s business day, but the funds will be debited immediately, thought it shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of such next Bank’s business day (for example, should it be specified 16:00 in the ‘Hour’ column and T0 Day in the ‘Day’ column, Giro payment delivered until 16:00 on the Bank’s business day shall be executed on the day of delivery of the order, while Giro payment delivered after 16:00 or on a day that is not Bank’s business day shall be executed on the next Bank’s business day). The Giro payment submitted on the Bank's business day after the specified hour or on a day which is not a Bank's business day, if it has not been sent from the Bank yet, may be canceled by 4:00 on the next Bank's business day. The Giro payment submitted on the Bank's business day by 3:59 may be canceled before 4:00 on the same Bank business day.

Should nothing be specified in the ‘Hour’ column, Giro payment delivered at any time on the Bank’s business day shall be executed within the number of the Bank’s business days specified in the ‘Day’ column, counting as of the day of delivery of Giro payment.

Day shall mean a number of the Bank’s business days within which Giro payment shall be executed. Countdown of the said term shall be started on the day of the receipt of Giro payment, taking into account whether Giro payment is delivered on the Bank’s business day and/or until the set hour on the Bank’s business day (see ‘Hour’ explanations provided hereinabove). For example, T0 – Giro payment shall be executed on the same Bank’s business day if delivered until time specified in the ‘Hour’ column.

Bank’s business day:

- Giro payments within Bank – on each calendar day;

- Giro payments to other banks incorporated in Lithuania – on a day that is neither Saturday, nor Sunday, Great Easter Friday, second Easter day, 1st of May, 25th and 26th of December, 1st of January.

¹ The fee is not applied when the payment order is submitted on a Bank business day after the specified hour, or on a Bank business day before 3:59, or on a day that is not a Bank business day, and such credit transfer is canceled by the payer in Swedbank Internet Bank until the next Bank business day 4:00.

² The fee applies regardless of whether the funds are returned to the payer. If the funds are credited to the beneficiary's account or the credit transfer is sent from the Bank, the funds may be returned to the payer only with the consent of the beneficiary.

³ International credit transfer - credit transfer non SEPA to banks incorporated in Lithuania, credit transfer SEPA to foreign banks and credit transfers non SEPA to foreign banks.

⁴ SEPA Member State - EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican.

Operation with cash

* The fee does not apply for natural person when the payment order in euro to transfer deposited cash to one’s own account in another bank or to another customer’s account in any other bank is presented at once.

** The fee does not apply when the sum does not exceed EUR 5. The fee does not apply for natural person when the payment order to transfer deposited cash to one’s own account in another bank or to another customer’s account in any other bank is presented at once.

*** The fee does not apply for the exchange of EUR-denominated coins when the sum does not exceed EUR 5.

**** The fee is applicable to customers whose cash is delivered to the bank using collection services provided by third parties.

Comments:

¹ Fee for change of the agreement shall not apply in the following cases:

• when a long-term variable interest rate is charged for euro-denominated loans where not more than 1 (one) month has elapsed after the end of the loan use period;
• for change of the servicing bank account;
• for change of repayment day;
• when the property being mortgaged/already mortgaged to the Bank is insured by the Bank;
• when the loan repayment schedule is changed upon early repayment of a part of the loan and the loan balance is arranged over the residual maturity of the loan;
• setting of a grace period for 4 months when borrowers receive 10% or 20% subsidy for existing Mortgage Loan with State Support;
• setting of a grace period upon early repayment of a part of the loan according to the loan agreement concluded before 12 May 2008, provided that no arrangements on the change of its terms and conditions (except for the agreement on property insurance) have been signed after the specified date;
• setting of a grace period when according to the loan agreement concluded from 12 May 2008 or according to the loan agreement regarding the amendment of terms and conditions of which arrangements were signed after the specified date (except for the agreement on property insurance), where the early repayment amount is not smaller than EUR 300⁶;
• loan agreement termination arrangements when borrowers have paid the loan administration fee of the established amount after conclusion of the loan agreement and the loan has not been granted.

In individual cases higher fee for change of loan conditions may apply.

² Before entry into force of the Law of the Republic of Lithuania on Credit Relating to Real Property, interest fixed for the period exceeding 12 months, but not for the entire loan maturity, was considered to be fixed interest. As from 1 July 2017, such interest is designated as “long-term variable interest”.

³ No fee is charged when, upon expiry of the term specified in the loan agreement, the long-term variable interest specified in the loan agreement is changed into variable interest in accordance with the terms and conditions of the loan agreement.

⁴ Were the amount obtained by dividing the outstanding amount of the loan by residual maturity (in months) is smaller than EUR 300, the borrower shall have the right of early repayment of such part of the loan which is smaller than EUR 300.

⁵ Where the reason for the approval of remortgage is the sale of the mortgaged property to another person who must mortgage such property in order to secure the repayment the loan being taken, the granting of such approval shall be charged a fee as specified in the common Service and Operation Fees of the Bank for the issue of certificates (about loans being granted / already granted / repaid loans.

Annex 1:  Compensation amount (C) shall be calculated in accordance with the procedure

A typical example:

If the total amount of a real estate mortgage loan is EUR 100 000, with a loan agreement term of 26 years, at a variable annual interest rate of 5.93%, with a one-off agreement administration fee of 0.4% of the loan amount (EUR 400), a minimum daily service fee (EUR 1 per month), a mortgage registration fee (EUR 8.60), and with the mortgage repayments made by annuity, the annual rate of the total cost of the loan 6.25%, and the total amount payable by the borrower would be EUR 198 689.03 The total number of repayments is 312 and the repayment amount is EUR 634.53.

The annual percentage rate of charge, the total amount payable by the borrower, the total number of loan payments and the amount of each instalment are calculated under the assumption that the credit agreement will be valid for a period equal to the duration of the credit agreement, that the entire loan will be paid out on the day that the agreement is signed, that the parties will fulfil all of their obligations properly, and that the variable interest rate, fees and other costs will remain the same as at the time of conclusion of the credit agreement and will continue to apply until the end of the credit agreement. A customer shall also bear the costs of property insurance and appraisal. These costs depend on the individual characteristics of collateral and, therefore, are not included in the total credit price in the example above.

If the loan agreement is concluded in a foreign currency, i.e. if the currency of the customer’s revenues (or the major share thereof) and/or the customer’s state of residence, which is an EU member state or a member state of the European Economic Area, from the currency of the loan issued in euros, the change of the foreign currency compared to euro may significantly increase the amount of the issued loan and the associated payments.

The loan must be secured by mortgage of real estate acceptable to the bank, and the mortgaged property must be insured by concluding an insurance agreement. A report by an independent property appraiser may be required on the value of the collateral. The costs of property insurance and appraisal depend on individual characteristics of collateral, and shall be prescribed by agreements you may have with the relevant service providers.

By using these financing services, you are assuming financial obligations. Improper fulfilment or non-fulfilment of financial obligations may have a negative impact on your credit history and make borrowing more expensive; you also risk losing ownership rights to the mortgaged real estate.

Besides, a loan administration fee may be charged at the time of entry into a credit agreement. Loan administration fees and other fees are provided here.

Effective from 2020.09.10

* Fund orders submitted to the Bank cannot be cancelled.

** Percentage fee calculated from subscription amount. Additional fixed operations fees may be applied to subscription, redemption and fund switch transactions as specified in table above.

*** Fund switch subject to the conditions specified in the relevant fund terms, fee charged only on delivery side.

**** Safekeeping fee is calculated based on the market value of the investment fund units on the account on the last date of the calendar month.

***** Lithuanian Republic Government Saving Notes and “Swedbank” group funds are excluded from the calculation of the portfolio value for safekeeping fee calculation.

If “Swedbank”, AB (hereinafter the Bank) is obliged to pay any taxes, fees, interest, penalties or incur other costs that are not covered in the Bank’s Price List and are related to the provision of securities safekeeping, execution and any other relevant service to the Client, the Bank shall have the right to debit such amounts from the Client’s Current Account without prior Client’s consent. The Bank shall provide additional information about such debits and the underlying costs to the Client upon request.

* Percentage fees calculated from trade amount.

Trading fee is charged in trading currency, the Bank exchange rates apply.

Minimum order size may be applied for certain countries.

Trading orders transmitted to the Bank can be cancelled only until executed.

In case the order is not executed in full during a single trading day, the trading fee (including minimum trading fee) for partial order execution is charged in full for each trading day when the order is partially executed.

Exchange traded funds (ETFs) are treated as shares.

If purchase transactions are subject to FTT according to local market regulations (e.g. France, Italy), such tax is added to the transaction charges.

** A stamp duty of 0,5% of transaction amount on buying UK securities and 1% on buying Irish securities is added to the transaction charges. In certain events, a higher rate (1,5%), a bonus rate or tax exemption may apply for UK securities.

*** Repurchase transactions available only for professional clients.

* Calculating from the face value of the transaction

* Safekeeping fee is calculated based on the value of the portfolio on the last date of the calendar month. Securities are priced according to the month end prices of the Bank’s local agents, market price or nominal value of the security. Bonds are always priced at nominal value. The safekeeping fees are debited from the Client’s current account linked to the securities account.

ETF safekeeping fee equals to the safekeeping fee of its trading country.

Safekeeping on other markets subject to separate agreement.

Safekeeping fee includes safekeeping fees charged by the Bank’s local market agents

Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees.

** Lithuania, Latvia, Estonia, Austria, Belgium, Canada, Denmark, Hong Kong, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, USA, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Russia, Depositary Receipts**, Eurobonds.

*** Lithuanian Republic Government Saving Notes and “Swedbank” group Funds are excluded from the calculation of the portfolio value for safekeeping fee calculation.

* Fees charged from both parties of the transaction if not specified otherwise.

For investment fund units’ trading, please see „Investment Fund Units’ Trading and Safekeeping“

** Fee is charged from delivery transaction

*** Transaction fee includes standard settlement fees charged by the Bank’s local market agents.

**** Cancellation is allowed if instruction is not yet processed by the Bank.

* Fees charged from both parties of the transaction if not specified otherwise.

** In case of inheritance of securities, fee charged only from the beneficiary. Free of payment transaction fee applies additionally, in case securities delivered/received to/from another custodian.

*** Pledge registration based on bailiff’s instructions is free of charge.

**** Tax reclaim and general meeting services are subject to availability on each specific market.

***** Includes necessary information providing to the Client for electronic voting. Service is subject to availability on each specific market.

****** Service is provided in case when trading or safekeeping in specific market is not available anymore. Service is subject to availability on each specific market.

******* Fee will be debited next month after the tax reclaim application is submitted by the client. The fee will not be refunded in case the application is denied by third parties.

******** Owner account is an account in the name of the Client opened at Nasdaq CSD, Lithuania and used only on behalf of the specific Client.

********* Owner accounts can be opened only at the branch office.

********** Maintenance fee is charged in addition to monthly securities safekeeping fee.

*Applicable for every contract.

¹Withdrawal of funds in cash over-the-counter at the Bank office for Lithuanian Republic Government Saving Notes (i) distributed until February 9, 2021, upon the expiry of 60 days from their coupon payment or redemption and (ii) distributed after February 9, 2021, shall be done at standard fees indicated in clause No 4 “Withdrawal of cash from one’s bank account over-the- counter at the Bank office” of the chapter “Operations with Cash” of the part “Operations with Cash” of these “Fees Charged by Swedbank, AB for Its Services and Operations”.

Investors Lithuanian Republic Government Saving Notes for services and operations which are not indicated in these “Fees Charged by Swedbank, AB for Its Services and Operations”, part “Securities”, chapter “Lithuanian Republic Government Saving Notes”, pay standard fees for services and operations.

The fund switching fee within the management enterprise is free of charge in all “Swedbank” pension funds.

* Annual fee calculated each working day on the average annual value of the funds accumulated in the fund, thus reducing the unit value of the pension fund.

** Calculated from the value of accumulated funds transferred to another pension fund enterprise.

More detailed information is available in the Rules of the Pension Fund and the Investment Strategy Document.

Other factual operational costs of the funds are also covered with the assets of the fund:

• 0.055% from the fund’s average annual net asset value for the services of the depository;
• the asset management company will cover other expenses of the fund (for example, audit, trade in securities), if these expenses exceed 0.75% of the fund’s average annual net asset value.

Valid from 18 December 2020

During the term of the agreement, the company reserves the right to modify the standard fees for the management of the agreement in accordance with the rules.

Valid since 12 November 2020

* Here, the investment value of the agreement does not include the value of contributions awaiting conversion into units.

During the term of the agreement, the life insurance company reserves the right to change the service charges of the agreement in accordance with the rules.

Where monthly fees are charged, mileage shall be limited to 3 000 km/month.

¹ A car appraisal report issued by the appraiser acceptable to Swedbank shall be required when the obligations by existing contract are transferring to the new customer or car is purchased from the seller who is not included in the List of Sellers Acceptable to Swedbank.

² This option is available: (1) in the cities of Vilnius, Kaunas and Klaipėda, when the car is delivered for inspection at a place and time specified by Swedbank; (2) in other cases, Swedbank may waive the requirement to deliver the car for inspection by specifying a different valuation procedure.

³ A separate fee for the issuance of a certificate shall apply for each period of twelve calendar months or for each commitment date specified in the application. A fee of EUR 25 plus VAT shall be charged for a certificate not relating to a time period or commitment date.

⁴ Foregone interest shall be calculated by multiplying the amount of interest on the first unbilled invoice in the schedule by the number of unbilled invoices/periods (until reinstatement of the agreement).

⁵ This fee may be included in the sale price of the leased property or paid separately.

* Value Added Tax