ISEC Wealth Management Ltd. - Commission and Charges Schedule (1)

Valid from 01/10/2023

(1) - All Commission and Charges do not include 19% VAT. The VAT is charged to EU residents on top of the applied fees. For residents of Switzerland, Norway and third countries the VAT is not applied.

(2) - As part of the services offering by ISEC Wealth Management Setup fee, total of 6%, is divided into 3 parts deducted from the cash balance during the period of the business relationship as per the scheme above. In case of complete liquidation of the portfolio in a period earlier than 2 years, the outstanding amount of the commission will be applied to the total deposit amount (i.e. all the deposited amounts during the period) on the day of the actual withdrawal.

(3) - High water mark - payment is counted on the highest net asset value (NAV),i.e. positive difference (if such exists) between NAV on the date of fee calculation (per quarter) and highest NAV reached since the start of the portfolio.

(4) - The fee value increase takes effect as a result of a withdrawal that reduces the investment balance and does not apply in the event of a decrease in the investment balance as a result of market prices fluctuation and fees deduction.

(5) - Benchmark - 3 months Libor for USD exposures, 3 months Euribor for EUR exposures. All rates of Libor and Euribor under 0% ( zero ) will be adopted to 0% ( zero )

(6) - All related bank fees regarding Clients funds deposits/withdrawals are charged to the Beneficiary (Client). Proposed numbers and calculations are based on the current tariffs of our transaction venues.

(7) - SEPA method is available only for EUR currency

(8) - Applies to Bank accounts in 3rd Countries and USD wires