Every row of the table in statement represents one type of fee applied during the previous calendar year. The end of the table subsequently provides the total sum of the paid costs and charges, including the ratio of that amount to the total value of securities held on the securities account.

• Brokerage fees – the Bank’s remuneration for intermediating the purchase/sale of a security, which also covers potential third-party costs (e.g. a stock-exchange) of executing such a transaction.
• Settlement commission – third-party costs (e.g. foreign dealers/brokers) associated with the execution of client’s order transferred at the expense of the client.
• Settlement fee – the Bank’s remuneration for making a change in the records of securities, in particular due to a transfer to another owner or assignment of securities, e.g., as a result of inheritance.
• Safekeeping fees of the Bank – the Bank’s remuneration for maintaining a securities account, which also covers potential costs of third parties (e.g. foreign depositories) where the securities are held. Includes the sum of all fees for maintaining of a securities account paid by the client in the previous calendar year.
• Management fee of fund – Bank’s share – part of the management fee (remuneration of the portfolio manager for managing the fund’s assets and, usually, for active management, selection of securities and efforts to achieve better performance than the market) paid by the management company to the Bank as the distributor of these funds. The Bank uses these means to improve its services, e.g. an overview of investments in Online Banking, etc.
• Management fee of fund and other, mostly transaction costs and charges of the instrument – part of the management fee, which constitutes the portfolio manager’s income, as the remuneration of the manager for managing the fund’s assets and, usually, for active management, selection of securities and efforts to achieve better performance than the market. The fee also entails other transaction costs associated with trading of securities included in the fund.
• One-off exit charge of  Fund – the charge of the fund paid for early redemption of units before the date of planned maturity.
• Distribution fees – Share Premium – the Bank’s remuneration for intermediating subscription of security – bond or investment certificate, on the primary market.
• One-off entry charge for structuring – the remuneration of issuer for structuring of a security, usually an investment certificate, by its issuance on the primary market.
• Structuring fees – the Bank’s remuneration for structuring of security – bond, by its issuance and for intermediating subscription on the primary market.
• Market commission – fee of a third party, mostly a foreign stock-exchange, associated with the execution of a transaction on the relevant market.
• Corporate action fee – fee of a third party, mostly a foreign depository, associated with the execution of a corporate action, e.g. dividend payment, exercise of rights to subscription, etc.
• Financial transaction tax – a special tax of some European Union countries (e.g. Italy) applied to certain types of financial transactions in securities (e.g. purchase of shares).
• Rounding to total trade amount – rounding of the sum of the value of securities traded and fees to the total trade amount.

• Yes = the fee has been directly withdrawn from the client’s cash account.
• No = the fee has not been directly withdrawn from the client’s cash account, but continuously included in the investment’s value.

• Received by Bank = an amount of the fee whose recipient has been the Bank.
• Received by third party = an amount of the fee whose recipient has been a third party, e.g. a fund manager or issuer of a security.

• Ratio of the amount of the fee to the total value of investments held on the securities account as of 31 December of previous calendar year.

• Service = the relevant type of fee has been associated with the provision of an investment service (e.g. holding of the securities on the securities account, intermediating the purchase/sale of securities).
• Product = the relevant type of fee has been associated with a particular financial instrument, product (e.g. a management fee of a mutual fund).