Brokerage services dealing with purchase or sale of securities
in transactions outside stock exchange (trading based on sales contracts between buyer and seller)

15.00 BAM + 3.00% of the nominal value of transaction

The price does not include other costs (court certificates, commission charged by the Register of Securities, taxes, etc.)

Brokerage services on stock exchange

Costs of opening an account at a depository bank, trading account with the Register of Securities, and costs of signing the general brokerage agreement.

15,00 BAM

Commission charged for sale orders

1.50% of the nominal value of transaction

Lower commissions are charged for purchase and sale orders of higher nominal value:

THE VALUE OF TRANSACTION

COMMISSION

From 20,000.00 to 50,000.00 BAM

1,40%

From 50,000.00 to 100,000.00 BAM

1,30%

From 100,000.00 to 300,000.00 BAM

1,20%

From 300,000.00 to 500,000.00 BAM

1,10%

1,000,000.00 BAM and more

As agreed

The minimum amount of a commission (regardless of the value of transaction) is 30.00 BAM.

The prices do not include commissions charged by the Sarajevo Stock Exchange and the Register of Securities, nor any taxes.

VGT-Broker hereby reserves the right to agree on other amounts of commissions with clients it has very good and long-standing relations with (regular and reliable clients).

VGT-Broker hereby reserves the right to change the existing and add new items to this price list.