1. Taxes in Cyprus - summarised The information in this presentation is based on Nordea’s understanding of the tax rules. This is general information which cannot be considered individual advise. The investor is recommended to seek advise about his/her personal tax situation from professional advisers.

2. Income tax - Cyprus Income tax rates: 20% at €17,500 to 30% at €35,000 Social contributions: 6,3% of salary, deductible Pension income  Cyprus-source pensions, normal income  pensions related to services abroad, normally 5% tax in Cyprus Investment income/capital gains  interest, 10% “Defence contribution”, no income tax  dividends, 15% “Defence contribution”, no income tax  capital gains are generally not taxable  tax of up to 20% on gains on immovable property (€85,000 lifetime exemption on private residence) The information in this presentation is based on Nordea’s understanding of the tax rules. This is general information which cannot be considered individual advise. The investor is recommended to seek advise about his/her personal tax situation from professional advisers.

3. Inheritance/gift/wealth tax - Cyprus No inheritance tax No gift tax No wealth tax  but annual real estate tax of up to 0,4% of value Transfer tax:  3-8% on transfers of real estate  0,2% on transfers of shares The information in this presentation is based on Nordea’s understanding of the tax rules. This is general information which cannot be considered individual advise. The investor is recommended to seek advise about his/her personal tax situation from professional advisers.