Taxes and fees

Online commissions for BVB transactions

Initial invested amount
Cumulative turnover RON, over 3 months

Shares, rights, complex financial instruments

Bonds and other fixed income instruments

<100.000 RON

0.65%

0.2%

100,000 RON - 500,000 RON

0.6%

0.2%

500,000 RON - 1,000,000 RON

0.5%

0.2%

> 1.000.000 RON

0.4%

0.2%

Commission generated by the client's transaction < 2 RON

the difference is charged up to 2 RON

Commission generated by the customer's transaction ≥ 2 RON

0 RON

If the dividends collected are 10 RON or more

the fee is 10 RON/collection

If the dividends received are less than 10 RON

the entire amount is withheld

Income processing, divided proportionally among all those who held shares

17.56 EUR/eminent

Cash transfer, divided equally among customers

5.85 EUR/transfer

For the rest of the fees and commissions, as well as more information
related to other international taxes, please consult the Annex.

BT Capital Partners S.A. reserves the right to modify the fees and commissions in this Annex, with prior notification to the clients.

Single sales transaction commission (Mass Privatization Program)