S.L. 370.3 ст. 7Non-refundable or prorated fees. by: 217 of 2016; 371 of 2016. by: 20 of 2022. by: 291 of 2023. / Renewal of Fee € 2,000 per tranche part thereof 2,750 per tranche part thereof to service control operate trading their to Service control (b) Licence trustees or investment Licence custodians to (i) th

None of the fees established and due in terms of these regulations shall be refundable. Nor shall they be prorated, other than the first annual supervisory fee as established in regulation 4. SCHEDULE Amended L.N. (Regulations 3, 4 and 5) L.N. Substituted L.N. Amended L.N.

Fees

Second First Column Third Column Column

Application/ Supervisory Fee Notification Notification Fee

(a) Investment Services, the € highest fee applies based on the services provided:

Licence holders authorised 2,500 For revenue to receive and transmit up to €50,000 orders in relation to one or Further more instrument and, or tranches of 350 provide investment advice €50,000 up to or and, or place instruments a maximum without a firm commitment of €1,000,000 basis but not to hold or control clients’ money or customers’ assets. Licence holders authorised 3,000 For revenue to receive and transmit up to €50,000 orders, and, or provide Further investment advice in relation tranches of 350 to one or more instrument €50,000 up to or and, or place instruments a maximum without a firm commitment of €1,000,000 basis solely for professional clients and, or eligible counterparties but not to hold or control clients’ money or customers’ assets. Licence holders authorised 5,000 For revenue 4,500 provide any investment up to and to hold or €250,000 clients’ money or Further 400 per tranche customers’ assets, but not to tranches of or part thereof a multilateral €250,000 up facility or deal for to a own account or maximum of underwrite or place €5,000,000 instruments on a firm commitment basis. Licence holders authorised 7,000 For revenue 6,000 provide any Investment up to and to hold and €250,000 clients’ money or Further 400 per tranche customers’ assets. tranches of or part thereof €250,000 up to a maximum of €50,000,000 Custodians holders authorised to act as custodians of collective 17,000 15,000 schemes. holders authorised to act as 7,500 5,000 the following: AIFs marketed in Malta in terms of regulation 7 of Investment Services (Alternative Investment Fund Manager) (Third Country) Regulations; or AIFs which have no redemption rights exercisable during the year period from the of initial investment which generally do invest in assets that must be held in custody terms of the Investment Services Rules.

(c) Collective Investment 2,500 Schemes which fall within the scope of article 4 of the Act; and which are authorized as UCITS Schemes, non-UCITS Retail Schemes and Retail AIFs: Scheme sub-funds (per sub- 450 fund)

sub-funds supervisory will

Scheme

(d) Collective Investment 2,000 Schemes which qualify as Professional Investor Funds and Alternative Investment Funds in terms of Investment Services Rules issued for this purpose by the competent authority: Scheme sub-funds (per sub- 1,000 fund) Recognition Fees

(e) Persons providing 3,000 administrative services in terms of article 9A of the Act

(f) Private Schemes recognised 2,000 in terms of the Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations Notification Fees

(g) European investment firms establishing a branch in Malta in terms of regulation 3 of the European Passport Rights for Investment Firms Regulations: authorised by their home 750 1,200 Member State or EEA State to receive and transmit orders in relation to one or more instruments and, or provide investment advice and, or place instrument without a firm commitment basis, terms of the Directive are not authorized to hold and control clients’ money or customers’ assets authorized by their home 1,000 3,000 Member State or EEA State provide any investment services in terms of the Directive and to hold and control clients’ money or customers’ assets but not to operate a multilateral trading facility or to deal for their own account or underwrite or place instruments on a firm commitment basis authorized by their home 1,650 3,600 Member State or EEA State to provide any investment services in terms of the Directive, and hold and control clients’ money or customers’ assets European management 1,250 4,000 companies establishing a in Malta in terms of regulation 9 of the Investment Services Act (UCITS Management Company Passport) Regulations

(i) European Alternative 1,250 Investment Fund Managers establishing a branch in Malta in terms of regulation 7 of the Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

(j) European UCITS marketing their units in Malta in terms of regulation 8 of the Investment Services Act (Marketing of UCITS) Regulations:

(i) UCITS Scheme 2,500

(ii) Per Scheme sub-funds 450 (per sub-fund)

funds supervisory will

Scheme

(k) European Alternative Investment Funds having their units marketed in Malta in terms of regulation 5 of Investment Services Act (Marketing of Alternative Investment Funds) Regulations:

(i) European AIF 2,500 Scheme sub-funds 450 500 (per sub-fund) Up to 15 Scheme sub-funds (per sub-fund).

No annual supervision fee will be payable from the 16th Scheme sub-fund upwards Marketing of units or shares AIF (whether established in an EU/EEA Member State or in a third country) by an Alternative Investment Fund Manager (whether established in an EU/EEA Member State or in country) pursuant to regulations 7 and 22 of the Investment Services Act (Alternative Investment Managers) (Third Country) Regulations AIF 2,500 3,000 AIF sub-funds (per 450 500 sub-fund) Fees agents registered by the competent authority in terms regulation 5 of the Appointment of Tied Agents Regulations: where the tied agent is 300 300 individual

(ii) where the tied agent is 350 350 not an individual such involved provision agent

(n) Notification by the AIFM on behalf of the Notified AIF: - For each Notified AIF 2,000 Notified AIF sub-funds 1,000 (per sub-fund)

(o) Notification:

- For a PIF to be included in the 2,000 List of Notified PIFs - For a sub-fund of a Notified 1,000 PIF to be included in the List of Notified PIFs