Dear Members of the Pension Fund,

We are pleased to announce you that starting from August 1, 2021, will be applied the new administration fee for all the members of the “Credins Pension” fund. In the membership contract, the fee specified at point “a” of the article 16 “Management Company Fees” has been changed. The administration fee has been reduced from 3% to 2.4% per annum of the fund net assets value, resulting in a better return for the member.

Thank you for your cooperation,

Credins Invest