3rd Pension Pillar

Standard commissions for contracts of individual participation

CBL Aktīvais, CBL Sabalansētais

Currency of agreement	EUR
Payment to Bank of Latvia¹ (from each contribution)	0.245% or 0%^{3, 4, 5}
The Pension Fund’s administration commission² (per year from the value of the accumulated supplementary pension capital):
If accumulated amount is:
equal or less than 99 999.99 EUR	0.75% or 0.2%^{3, 4, 5}
more than or equal to 100 000.00 EUR	0.2%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital)
CBL Aktīvais	0.8% or 0.3%^{3, 4, 5}
CBL Sabalansētais	0.7% or 0.3%^{3, 4, 5}
Custodian bank’s commission² (per year from the value of the accumulated supplementary pension capital)	0.15% or 0.1%^{3, 4, 5}

In force on 01.01.2023.

CBL Aktīvais USD

Currency of agreement	USD
Payment to Bank of Latvia¹ (from each contribution)	0.245% or 0%^{3, 4, 5}
The Pension Fund’s administration commission² (per year from the value of the accumulated supplementary pension capital):
If accumulated amount is:
equal or less than 111 999.99 USD	0.75% or 0.2%^{3, 4, 5}
more than or equal to 112 000.00 USD	0.2%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital)	0.8% or 0.3%^{3, 4, 5}
Custodian bank’s commission² (per year from the value of the accumulated supplementary pension capital)	0.15% or 0.1%^{3, 4, 5}

In force on 01.01.2023.

CBL INDEX

Currency of agreement	EUR
Payment to Bank of Latvia¹ (from each contribution)	0%^{3, 4, 5}
The Pension Fund’s administration commission² (per year from the value of the accumulated supplementary pension capital):	0.25%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital)	0.20%^{3, 4, 5}
Custodian bank’s commission² (per year from the value of the accumulated supplementary pension capital)	0.08%^{3, 4, 5}

¹ The payment is determined in accordance with the current rate specified in the legislation of the Republic of Latvia and can be both reduced and increased during the term of the agreement
² Calculated daily from the value of the accumulated pension capital, withholding once a month
³ The following price list is applied throughout the term of the contracts concluded during the campaign from January 1, 2021 till June 30, 2021, in which the accumulated amount^* is 3000 EUR / 3500 USD or more, as well as existing contracts in which a deposit of 3000 EUR / 3500 USD or more has been made from 1 November 2021 till 31 December 2021: the Payment to Bank of Latvia – 0%, The Pension Fund’s administration commission - 0,2%, Commission to asset manager - 0,3%, Custodian bank’s commission – 0.1% and variable commission to asset manager - 0%. For the contracts concluded from January 1, 2021 till 31 December, 2021, as well as for existing contracts in which a deposit of 3000 EUR / 3500 USD or more has been made from 1 November 2021 till 31 December 2021, regardless of the amount of pension capital accumulated in the contract, the payment to Bank of Latvia during its entire term - 0%.
⁴ The following price list is applied throughout the all term of the contracts concluded during the campaign from January 1, 2022 till June 30, 2022, in which the accumulated amount^* is 3000 EUR / 3500 USD or more: the Payment to Bank of Latvia – 0%, The Pension Fund’s administration commission(2) - 0,2%, Commission to asset manager(2) - 0,3%, Custodian bank’s commission(2) – 0.1%.
^* If the value of the accumulated amount falls below 3,000 EUR (3,500 USD), the standard price list is applied.
⁵ The following price list is applied throughout the all term of the contracts concluded during the campaign from July 1, 2022 till December 31, 2023, in which the accumulated capital value * is 500 EUR / 550 USD or more: the Payment to Bank of Latvia – 0%, The Pension Fund’s administration commission(2) - 0,2%, Commission to asset manager(2) - 0,3%, Custodian bank’s commission(2) – 0.1%.
^* If the value of the accumulated capital falls below 500 EUR (550 USD), the standard price list is applied, excluding the Payment to Bank of Latvia, to which 0% applies.