Isle of Man Financial Services Authority (Fees) Order 2026

Isle of Man Financial Services Authority (Fees) Order 2026 Index c SD No.2026/0060 Page 1 c ISLE OF MAN FINANCIAL SERVICES AUTHORITY (FEES) ORDER 2026 Index Article Page 1 Title ...................................................................................................................................3 2 Commencement..............................................................................................................3 3 Interpretation – General.................................................................................................3 4 Interpretation – Schedule 1 – Financial Services Act 2008........................................6 5 Interpretation – Schedule 2 – Insurance Act 2008 ......................................................7 6 Interpretation – Schedule 3 – Retirement Benefits Schemes Act 2000...................10 7 Interpretation – Schedule 4 – Collective Investment Schemes Act 2008...............11 8 Interpretation – Schedule 5 – Designated Businesses (Registration and Oversight) Act 2015 ......................................................................................................12 9 Interpretation – Schedule 6 – Recognised Auditors.................................................14 10 Interpretation – Schedule 7 – Section 14E Auditors.................................................14 11 Application fees ............................................................................................................14 12 Application fee adjustments and exceptions ............................................................14 13 Annual fees ....................................................................................................................15 14 Annual fee adjustments and exceptions....................................................................16 15 Annual fee apportionment..........................................................................................18 16 Increase to fees annually in line with the Consumer Price Index..........................19 17 Register of Recognised Auditors Regulations 2010 amended................................19 18 Register of Section 14E Auditors Regulations 2023 amended................................20 19 Revocations....................................................................................................................20 SCHEDULE 1 23 FINANCIAL SERVICES ACT 2008 23 SCHEDULE 2 31 INSURANCE ACT 2008 31 SCHEDULE 3 41 RETIREMENT BENEFITS SCHEMES ACT 2000 41 SCHEDULE 4 43 COLLECTIVE INVESTMENT SCHEMES ACT 2008 43

Index Isle of Man Financial Services Authority (Fees) Order 2026 Page 2 SD No.2026/0060 c SCHEDULE 5 45 DESIGNATED BUSINESSES (REGISTRATION AND OVERSIGHT) ACT 2015 45 SCHEDULE 6 47 RECOGNISED AUDITORS 47 SCHEDULE 7 49 SECTION 14E AUDITORS 49

Isle of Man Financial Services Authority (Fees) Order 2026 Article 1 c SD No.2026/0060 Page 3 Statutory Document No. 2026/0060 Financial Services Act 2008, Insurance Act 2008, Retirement Benefits Schemes Act 2000, c Collective Investment Schemes Act 2008, Designated Businesses (Registration and Oversight) Act 2015, Companies Act 1982, Interpretation Act 2015 ISLE OF MAN FINANCIAL SERVICES AUTHORITY (FEES) ORDER 2026 Laid before Tynwald: 5 March 2026 Coming into Operation: 1 April 2026 The Isle of Man Financial Services Authority makes the following Order under: sections 45(3) and 46 of the Financial Services Act 2008 after carrying out the consultations required by section 44(5) of that Act; sections 47 and 50 of, and paragraph 5A of Schedule 7 to, the Insurance Act 2008 after carrying out the consultations required by section 50(3) of that Act; section 81(1) of the Interpretation Act 2015 with the concurrence of the Treasury under section 83 of that Act; section 24 of, and paragraph 1(h) of Schedule 5 to, the Collective Investment Schemes Act 2008 after carrying out the consultations required by section 24(13) of that Act; section 35(1) of the Designated Businesses (Registration and Oversight) Act 2015 after carrying out the consultations required by section 35(4) of that Act; section 14G of the Companies Act 1982 and section 85A of the Interpretation Act 2015. 1 Title This Order is the Isle of Man Financial Services Authority (Fees) Order 2026. 1 2 Commencement This Order comes into operation on 1 April 2026. 3 Interpretation – General (1) In this Order — “annual fee” includes periodical fee; “applicant” means the following and “related Schedule” shall be construed accordingly — 1 Tynwald procedure is negative. By section 85A of the Interpretation Act 2015, section 32 (negative) of the Legislation Act 2015 applies to an order made under section 85A of the former Act in so far as the power concerns the prescribing of a fee.

Article 3 Isle of Man Financial Services Authority (Fees) Order 2026 Page 4 SD No.2026/0060 c (a) for fees payable under the Financial Services Act 2008 (prescribed in Schedule 1), an applicant to become a licenceholder to carry on regulated activities under that Act; (b) for fees payable under the Insurance Act 2008 (prescribed in Schedule 2), an applicant to carry on insurance activity under that Act; (c) for fees payable under the Retirement Benefits Schemes Act 2000 (prescribed in Schedule 3), an applicant for registration under that Act; (d) for fees payable under the Collective Investment Schemes Act 2008 (prescribed in Schedule 4), a person submitting an application under that Act; (e) for fees payable under the Designated Businesses (Registration and Oversight) Act 2015 (prescribed in Schedule 5), an applicant for registration under that Act; (f) for fees payable under section 14G of the Companies Act 1982 — (i) an applicant for registration under the Register of Recognised Auditors Regulations 20102 (prescribed in Schedule 6); or (ii) an applicant for authorisation under the Register of Section 14E Auditors Regulations 20233 (prescribed in Schedule 7). “the Authority” means the Isle of Man Financial Services Authority; “Base Fees” form part of the calculation of a specified person’s annual fee and are specified in the related Schedules; “bn” means billion; “m” means million; “material change of control” means a change of the ownership or voting power of a specified person that results in any of the following — (a) any person acquiring their first controlling interest in the specified person of — (i) ≥50% (“Type A”); or (ii) ≥15% to <50% (“Type B”); (b) an existing controlling interest in a specified person changing from — (i) ≤50% to >50%; or (ii) ≤75% to >75%, 2 SD 07/10 3 SD 2022/0359

Isle of Man Financial Services Authority (Fees) Order 2026 Article 3 c SD No.2026/0060 Page 5 where that change is a change of ≥10% (“Type C”); or (c) any change in the ownership or voting power of a specified person that the Authority considers to be a material change of control for the purposes of this Order and notifies the specified person of that fact (“Type D”); “N/A” means not applicable; “related Schedule” shall be construed in accordance with the meanings of “applicant” and “specified person”; “relevant application fee” means the application fee that a specified person would pay under article 11 if it were to reapply for its licence, authorisation, registration or permission, as the case may be; “specified person” means the following and “related Schedule” shall be construed accordingly — (a) for fees payable under the Financial Services Act 2008 (prescribed in Schedule 1), a licenceholder that holds a licence to carry on regulated activities under that Act; (b) for fees payable under the Insurance Act 2008 (prescribed in Schedule 2), a person authorised, registered or permitted to carry on insurance activity under that Act; (c) for fees payable under the Retirement Benefits Schemes Act 2000 (prescribed in Schedule 3), a person registered under that Act; (d) for fees payable under the Collective Investment Schemes Act 2008 (prescribed in Schedule 4), a scheme under that Act; (e) for fees payable under the Designated Businesses (Registration and Oversight) Act 2015 (prescribed in Schedule 5), a person registered under that Act; (f) for fees payable under section 14G of the Companies Act 1982 — (i) a person registered under the Register of Recognised Auditors Regulations 20104 (prescribed in Schedule 6); (ii) a person registered under the Register of Section 14E Auditors Regulations 2023 (prescribed in Schedule 7). “Volume Fees” form part of the calculation of a specified person’s annual fee, are specified in the related Schedules and are calculated by reference to Volume Measures; and “Volume Measures” form part of the calculation of Volume Fees and are specified in the related Schedules. 4 SD 07/10

Article 4 Isle of Man Financial Services Authority (Fees) Order 2026 Page 6 SD No.2026/0060 c 4 Interpretation – Schedule 1 – Financial Services Act 2008 For fees payable under the Financial Services Act 2008 (prescribed in Schedule 1) — “the Act” in this article means the Financial Services Act 2008; “annual regulatory return” has the same meaning as in Appendix 1 of the Schedule to the Rule Book; “appointments” — (a) are calculated by reference to the number of appointments of a professional officer as — (i) a director of a company under Class 4(6); (ii) a trustee under Class 5(1) or Class 5(2); (iii) a protector under Class 5(5); and (iv) an enforcer under Class 5(6), and, for avoidance of doubt, do not include any excluded activity under article 4(2) of the Regulated Activities Order 20115 ; and (b) are taken from either — (i) a notification made by the professional officer to the Authority under rule 9.17 of the Rule Book by 15 May each year in respect of appointments held as at 30 April each year; or (ii) if the notification at subparagraph (i) has not been made, the professional officer’s last annual regulatory return to the Authority on or before 30 April before the annual review date; or (iii) in the first year of licensing, the number of appointments specified to the Authority by the applicant as at the date of issue of the licence; “branch” means an office or establishment of a deposit taking institution; “change date” means the date — (a) on which an additional class or subclass of regulated activity is added to an existing licence; or (b) in the case of a licenceholder licensed to carry on Class 1(1) or Class 1(2) regulated activity and for whom the Authority is the lead regulator, in which a new branch or deposit taking subsidiary outside the Isle of Man is established; 5 SD 884/11

Isle of Man Financial Services Authority (Fees) Order 2026 Article 5 c SD No.2026/0060 Page 7 “Class” refers to a numbered class of regulated activity specified in Schedule 1 to the Regulated Activities Order 2011, and a “subclass” refers to a numbered paragraph of such a class; “deposit taking institution” means an institution carrying on an activity which falls, or if carried on in or from the Island would fall, within Class 1(1) or Class 1(2) regulated activity; “deposit taking return” has the same meaning as in Appendix 1 of the Schedule to the Rule Book; “deposit taking subsidiary” means a deposit taking institution which is a subsidiary of another deposit taking institution; “lead regulator”, for a deposit taking institution, means the regulatory authority which, in accordance with the principles of the Basel Committee on Banking Supervision, is responsible for the prudential or consolidated regulation of the institution; “professional officer” has the same meaning as in Appendix 1 of the Schedule to the Rule Book; “Rule Book” means the Financial Services Rule Book 20166 and a reference to a numbered “rule” means the rule so numbered in the Schedule to the Rule Book; “start date” means the date of licensing under section 7 of the Act; “total deposits” excludes Isle of Man inter-bank placings and are taken from the licenceholder’s deposit taking return for 31 March before the annual review date; and “turnover” — (a) for a licenceholder incorporated in the Island, means the licenceholder’s annual turnover and is taken from the latest audited financial statements submitted by the licenceholder to the Authority on or before 30 April before the annual review date; and (b) for a licenceholder incorporated outside the Island, means the licenceholder’s turnover from all operations carried on in or from the Island and is taken from the latest detailed Statement of Profit and Loss required by rule 2.16 of the Rule Book submitted by the licenceholder to the Authority on or before 30 April before the annual review date. 5 Interpretation – Schedule 2 – Insurance Act 2008 For fees payable under the Insurance Act 2008 (prescribed in Schedule 2) — “the Act” in this article means the Insurance Act 2008; 6 SD 2016/0264

Article 5 Isle of Man Financial Services Authority (Fees) Order 2026 Page 8 SD No.2026/0060 c “annual review date” — (a) in respect of an authorisation under section 8 of the Act, and the issue of a permit under section 22 of the Act, means 6 May; (b) in respect of a registration as an insurance manager under section 25 of the Act, means 1 July; and (c) in respect of a registration as an insurance intermediary under section 25 of the Act, means 31 May; “approved supervisor” has the meaning given in regulation 3(6) of the Insurance Regulations 20257 ; “authorised insurer” means a person authorised under section 8 of the Act; “category” or “class” means a category or class of insurance business as described in regulation 3(3) of the Insurance Regulations; “cell” has the same meaning as in paragraph 2 of Schedule 5 to the Insurance Regulations; “change date” means the date on which a regulated person is authorised or permitted to carry on an additional class of insurance business or the date on which the authorisation or permit is amended to remove a class of insurance business, as the case may be; “a reference to a change in “controlling interest” within the meaning of “material change of control” has the meaning given for a change to “an existing controlling interest” in regulation 16(1)(a) of the Insurance Regulations (and includes a first controlling interest); “core” has the same meaning as in paragraph 2 of Schedule 5 to the Insurance Regulations; “group”, for an insurance manager acting only for insurers within its own group, includes only insurers that, in each case, are a— (a) holding company or a subsidiary; or (b) subsidiary of a holding company, of the insurance manager; “GTP” for an insurer, subject to article 14(3), — (a) means gross technical provisions, and insurance contract liabilities may be used in place of GTP where this is reported in the insurer’s audited financial statements; and (b) is taken from the latest audited financial statements submitted by the regulated person to the Authority on or before 31 December before the annual review date; “GWP” for an insurer, subject to article 14(3), — 7 SD 2025/0138

Isle of Man Financial Services Authority (Fees) Order 2026 Article 5 c SD No.2026/0060 Page 9 (a) means gross written premium (gross of reinsurance and any rebates or refunds, commission and other acquisition expenses). Premium received may be used in place of written premium where this is the premium measure reported in the insurer’s audited financial statements; and (b) is taken from the latest audited financial statements submitted by the regulated person to the Authority on or before 31 December before the annual review date; “ICC” and “IC” have the same meaning as in paragraph 2 of Schedule 6 to the Insurance Regulations; “insurance activity” means activity for which a person is authorised, permitted or registered by the Authority under the Act; “the Insurance Regulations” means the Insurance Regulations 2025; “non-supporting core” means a core that is not a supporting core; “PCC” has the same meaning as in paragraph 2 of Schedule 5 to the Insurance Regulations; “permit holder” means a person holding a permit issued under section 22 of the Act; “registered insurance intermediary” means a person registered as an insurance intermediary under section 25 of the Act; “registered insurance manager” means a person registered as an insurance manager under section 25 of the Act; “regulated person” means a person carrying on insurance activity; “sandbox” has the meaning given in Schedule 4 to the Insurance Regulations; “standby authorised insurer” has the meaning given in regulation 20(2) of the Insurance Regulations; “start date” means — (a) for a person authorised under section 8 of the Act, the date of first authorisation; (b) for a person permitted under section 22 of the Act, the date the permit was first issued; and (c) for a person registered under section 25 of the Act, the date of first registration; “supporting core” has the meaning given in paragraph 2 of Schedule 5 to the Insurance Regulations; “technical provisions” has the meaning given in paragraph 20 of Schedule 3 to the Act; “total accounting liabilities”, for an insurer —

Article 6 Isle of Man Financial Services Authority (Fees) Order 2026 Page 10 SD No.2026/0060 c (a) means the total liabilities (including provisions in respect of future liabilities) as reported in its balance sheet within its financial statements; and (b) subject to article 14(3), is taken from the latest audited financial statements submitted by the regulated person to the Authority on or before 31 December before the annual review date; and “turnover” — (a) for a regulated person incorporated in the Island, means the person’s annual turnover; (b) for a regulated person incorporated outside the Island, means the person’s annual turnover from all insurance activity carried on in or from the Island; and (c) subject to article 14(3), is taken from the latest audited financial statements submitted by the regulated person to the Authority on or before 31 December before the annual review date. 6 Interpretation – Schedule 3 – Retirement Benefits Schemes Act 2000 For fees payable under the Retirement Benefits Schemes Act 2000 (prescribed in Schedule 3) — “the Act” in this article means the Retirement Benefits Schemes Act 2000; “annual review date” means 1 August each year; “in-house schemes administrator” means a schemes administrator who is not a professional schemes administrator; “number of members” — (a) means the total number of members of all retirement benefits schemes administered by an in-house schemes administrator; and (b) is taken from the latest annual report submitted to the Authority on or before 30 April before the annual review date; “professional schemes administrator” means a person who in the course of its business acts, or holds itself out as acting, as a schemes administrator of a retirement benefits scheme; “registered schemes administrator” is a schemes administrator registered under section 36 of the Act; “schemes administrator” has the same meaning as in the Retirement Benefits Schemes (Management and Miscellaneous Provisions) Regulations 20018 ; “start date” means the date of registration under section 36 of the Act; and “turnover” — 8 SD2001/0647

Isle of Man Financial Services Authority (Fees) Order 2026 Article 7 c SD No.2026/0060 Page 11 (a) means the registered schemes administrator’s annual turnover; and (b) is taken from the latest financial statements submitted by the registered schemes administrator to the Authority on or before 30 April before the annual review date. 7 Interpretation – Schedule 4 – Collective Investment Schemes Act 2008 For fees payable under the Collective Investment Schemes Act 2008 (prescribed in Schedule 4) — “the Act” in this article means the Collective Investment Schemes Act 2008; “annual review date” means 1 August each year; “application” means — (a) for an authorised scheme, an application for an authorisation order under paragraph 1(1) of Schedule 1 to that Act; (b) for a recognised scheme — (i) a written notice under paragraph 1(4)(a) of Schedule 4 to that Act; or (ii) an application for a recognition order under paragraph 2(1) of Schedule 4 to that Act; (c) for international schemes, notification in writing of the scheme’s establishment in accordance with paragraph 4(5) of Schedule 2 to that Act; and (d) for the purposes of article 10 only, for Qualifying Funds and Specialist Funds, written notice in accordance with regulation 4(2) of the Collective Investment Scheme (Qualifying Fund) Regulations 20109 , or regulation 4(2) of the Collective Investment Scheme (Specialist Fund) Regulations 201010, as the case may be; “EIF” means experienced investor fund; “Isle of Man functionary” means the manager or administrator of an Isle of Man scheme and the Isle of Man contact or representative of a recognised scheme; “overseas scheme” means a scheme established outside the Isle of Man but that is administered or managed in the Isle of Man; “per sub-fund” is calculated as the number of sub-funds notified to, or approved by, the Authority as at 30 April before the annual review date; “Recognised Scheme (Paragraph 2)” means a scheme recognised under paragraph 2 of Schedule 4 to the Act; 9 SD 163/10 10 SD 162/10

Article 8 Isle of Man Financial Services Authority (Fees) Order 2026 Page 12 SD No.2026/0060 c “scheme” has the same meaning as in the Act; “single” in relation to an authorised scheme or a recognised scheme subject to a recognition order under paragraph 2(1) of Schedule 4 to the Act, means a scheme with no sub-funds; “start date” — (a) for an authorised scheme, means the date that the Authority makes an authorisation order under paragraph 2(1) of Schedule 1 to the Act; (b) for a recognised scheme means — (i) the date a written notice under paragraph 1(4)(a) of Schedule 4 to the Act is received by the Authority; or (ii) the date that the Authority makes a recognition order under paragraph 2(1) of Schedule 4 to the Act; and (c) for an international scheme, means the date the Authority is notified in accordance with paragraph 4(5) of Schedule 2 to the Act; and “umbrella” for an authorised scheme or a recognised scheme subject to a recognition order under paragraph 2(1) of Schedule 4 to the Act, means a scheme with one or more sub-funds; 8 Interpretation – Schedule 5 – Designated Businesses (Registration and Oversight) Act 2015 For fees payable under the Designated Businesses (Registration and Oversight) Act 2015 (prescribed in Schedule 5) — “the Act” in this article means the Designated Businesses (Registration and Oversight) Act 2015; “annual review date” means 1 November each year; “change date” means the date on which the oversight of a registered person changes from — (a) the Authority to a delegated oversight body; or (b) from a delegated oversight body to the Authority; “delegated oversight body” means a person to whom oversight of the registered person has been delegated by the Authority under section 6 of the Act; “employee” of a registered person or applicant has the same meaning as in section 173 of the Employment Act 2006 and includes an individual who, in relation to the designated business carried on by that registered person or applicant, — (a) works under a contract of employment or any other contract of service;

Isle of Man Financial Services Authority (Fees) Order 2026 Article 8 c SD No.2026/0060 Page 13 (b) practices alone or with others under the terms of a partnership agreement; (c) is otherwise engaged within the designated business of a registered person or applicant, in all cases where the individual undertakes to do or perform, directly or indirectly, work or service in relation to the designated business of that person or applicant, whether or not engaged directly by the registered person or applicant or through another entity forming part of the group of entities of which the registered person or applicant is a part, and the registered person or applicant is not by virtue of the contract a customer of the individual; or (d) is a director or officer of that registered person or applicant; Example: This example relates to the definition of employee, and specifically “in relation to the designated business”. Using a firm of estate agents as an example, sales and lettings negotiators would be roles in relation to that designated business, where an office cleaner would not. “number of employees” means the number of employees of the Designated Business taken from the latest AML statistical return submitted by 31 March before the annual review date; “start date” means the date of registration under section 9 of the Act; “registered person” means a person registered under the Act; “Type A (Virtual asset service provider)” has the meaning as defined in paragraph 2 of Schedule 1 to the Act; “Type B (Legal professionals, accountants, tax advisers, estate agents and payroll agents)” means a person that carries on — (a) any of the activities of a “legal professional”, “external accountant”, “tax adviser” or “estate agent” as defined in paragraph 2 of Schedule 1 to the Act; or (b) the activities of a “payroll agent” as defined in paragraph 3(1) of Schedule 1 to the Act; “Type C (Lending, financial leasing, financial guarantees, high value goods and safe custody)” means a person that carries on any designated business other than the types of designated business covered by Type A (Virtual asset service provider), Type B (Legal professionals, accountants, tax advisers, estate agents and payroll agents) or Type D (Specified non-profit organisations); and “Type D (Specified non-profit organisations)” has the meaning as defined in paragraph 2 of Schedule 1 to the Act.

Article 9 Isle of Man Financial Services Authority (Fees) Order 2026 Page 14 SD No.2026/0060 c 9 Interpretation – Schedule 6 – Recognised Auditors For fees payable under the Companies Act 1982 (prescribed in Schedule 6) — “annual review date” for persons registered under the Register of Recognised Auditors Regulations 2010, means 1 September. 10 Interpretation – Schedule 7 – Section 14E Auditors For fees payable under the Companies Act 1982 (prescribed in Schedule 7) — “annual review date” for persons registered under the Register of Section 14E Auditor Regulations 2023, means 1 September. 11 Application fees (1) This article is subject to the adjustments and exceptions in article 12 and annual fee apportionment in article 15. (2) The relevant application fee which an applicant or specified person must pay to the Authority on the making of an application is specified in the related Schedule. (3) For the avoidance of doubt, an application fee is not refundable. 12 Application fee adjustments and exceptions (1) Despite article 11(2) — (a) where an applicant to become a licenceholder under the Financial Services Act 2008 carries on, or intends to carry on, one of the following combinations of regulated activity, the fee payable for each of those combinations is the prescribed fee which is the highest of the Base Fees prescribed for the Classes listed in that combination, which are — (i) Class 2 (Investment Business) and Class 3 (Services to Collective Investment Schemes); and (ii) Class 4 (Corporate Services) and Class 5 (Trust Services); and (b) where an applicant for registration under the Designated Businesses (Registration and Oversight) Act 2015 carries on, or intends to carry on, multiple types of designated business activity, the fee payable is the prescribed fee which is the highest of the fees prescribed for the activities carried on or intended to be carried on by the applicant. (2) Despite article 11(2), where an applicant for an authorisation, permit or registration under the Insurance Act 2008 carries on, or intends to carry on, multiple types of insurance activity, the fee payable is the prescribed

Isle of Man Financial Services Authority (Fees) Order 2026 Article 13 c SD No.2026/0060 Page 15 fee which is the highest of the fees prescribed for the activities carried on or intended to be carried on by the applicant. (3) Despite article 11(2) and subject to paragraph (4), the Authority may vary any fee applicable to an applicant to become — (a) a standby authorised insurer; or (b) an authorised insurer subject to a sandbox. (4) The limit of variation under paragraph (3) is — (a) a minimum fee of £0; and (b) in respect of a fee calculated by reference to another a fee under these Regulations, a maximum of 100% of the referenced fee. 13 Annual fees (1) This article is subject to the adjustments and exceptions in article 14 and the annual fee apportionment in article 15. (2) On every annual review date, a specified person must pay to the Authority the prescribed annual fee calculated in accordance with the related Schedule. (3) Annual fees cover the year from the annual review date to the next annual review date. (4) Annual fees are not refundable. (5) Annual fees are calculated as the sum of all relevant Base Fees and Volume Fees for the activities specified in the related Schedule that the specified person carries on. (6) When calculating annual fees — (a) a Base Fee or Volume Fee of ‘£0’ counts as a relevant fee; but (b) a Base Fee or Volume Fee of ‘N/A’ does not count as a relevant fee. (7) The Volume Measures referred to in the related Schedules are calculated in accordance with the definitions in article 3. (8) Where a Volume Measure applies and the reported value is zero or there is no requirement to report the value to the Authority, the lowest Band number in the related Schedules applies. (9) Volume Measures relating to financial data submitted to the Authority in a currency other than Pound Sterling must be converted by the Authority into the Pound Sterling equivalent as at the date the statement was made up to. (10) In respect of any audited financial statements, financial statements or detailed Statement of Profit and Loss, as the case may be, where those statements cover a period other than 12 months, turnover is to be apportioned to a 12-month period using the following formula —

Article 14 Isle of Man Financial Services Authority (Fees) Order 2026 Page 16 SD No.2026/0060 c (T ÷ M) × 12 where — (i) “T” is the turnover defined in the relevant statements; and (ii) “M” is the number of months that the statements cover, counting a part of a month as a complete month. 14 Annual fee adjustments and exceptions (1) Subject to this article and article 15, where two or more Base Fees applies to the activities carried on by the specified person — (a) only the two highest of any applicable Base Fees must be used to calculate the annual fee along with their corresponding Volume Fees; and (b) only the highest of any applicable Volume Fee must be used to calculate the annual fee. (2) For annual fees payable under the Financial Services Act 2008 — (a) where a licenceholder carries on either — (i) Class 1(1) (Deposit Taking) regulated activity; or (ii) Class 1(2) (Deposit Taking) regulated activity, only the Base Fee and Volume Fee for that subclass of regulated activity will be payable, despite any other regulated activities carried on by that licenceholder; and (b) only one Base Fee is payable for each of the following combinations of regulated activity, which is the highest of the Base Fees prescribed for the Classes listed in that combination — (i) Class 2 (Investment Business) and Class 3 (Services to Collective Investment Schemes); and (ii) Class 4 (Corporate Services) and Class 5 (Trust Services), and if two or more Base Fees remain after (b) has been applied, only the two highest Base Fees must be used to calculate the annual fee along with the highest applicable Volume Fee. (3) For annual fees payable under the Insurance Act 2008 — (a) for annual fees payable by authorised insurers and permit holders on the annual review date of 6 May 2026, the total annual fee calculated in accordance with article 13 shall be increased by 1/12 to account for the period from 6 April 2026 to 6 May 2026; (b) if, in the opinion of the Authority, there is sufficient uncertainty or other difficulty over how to take one or more of “GTP”, “GWP” (or, if applicable in accordance with the definition of GWP in regulation 3, “premium received”), “total accounting liabilities” or “turnover”

Isle of Man Financial Services Authority (Fees) Order 2026 Article 14 c SD No.2026/0060 Page 17 (referred to in paragraph (5)) from the relevant audited financial statements of a regulated person, the Authority may as the Authority considers appropriate — (i) approve in writing or specify how to take such an amount from those financial statements; or (ii) specify an equivalent substitute; (c) in respect of — (i) a standby authorised insurer that is approved by the Authority under regulation 20(3) of the Insurance Regulations to commence the carrying on of insurance business; or (ii) an authorised insurer subject to a sandbox that has its requirement to be subject to a sandbox (under paragraph 2(1) of Schedule 4 to the Insurance Regulations) removed by the Authority, article 15 applies to such approval or removal within the following modification — (A) “F” is the increase in annual fee applicable to the insurer as a result of the approval or removal that would be payable under paragraph (1); and (B) “N” is the number of months between the date of the approval or removal and the next annual review date counting a part of a month as a complete month; (d) despite article 13(2) and subject to subparagraph (e), the Authority may vary any fee applicable to an existing — (i) standby authorised insurer; or (ii) authorised insurer subject to a sandbox; and (e) the limit of variation under subparagraph (d) is — (i) a minimum fee of £0; and (ii) in respect of a fee calculated by reference to another a fee under these Regulations, a maximum of 100% of the referenced fee. (4) For periodical fees payable under the Collective Investment Schemes Act 2008 — (a) periodical fees cover the period from 1 May to 30 April and are payable on the annual review date during that period; and (b) periodical fees are payable by a scheme that has been notified to, or approved by, the Authority as at 30 April before the annual review date.

Article 15 Isle of Man Financial Services Authority (Fees) Order 2026 Page 18 SD No.2026/0060 c (5) For annual fees payable under the Designated Businesses (Registration and Oversight) Act 2015 — (a) where a registered person carries on multiple types of designated business activity, only the highest annual fee is payable; and (b) if the oversight of a registered person overseen by a delegated oversight body is transferred to the Authority, the proportion of the annual fee relating to the period from the change date until the next annual review date must be calculated in accordance with article 15(2) and is payable on the change date. (6) Despite article 13(2), for annual fees payable under the Companies Act 1982 by persons registered under the Register of Recognised Auditors Regulations 2010, the fee is due by 15 September each year. 15 Annual fee apportionment (1) Subject to paragraph (3), in the first year that a specified person is licensed, authorised, permitted or registered, as the case may be, the proportion of the annual fee relating to the period from the start date until the next annual review date will be calculated in accordance with paragraph (4) and is payable on the start date. (2) In the first year after a change date, the proportion of any increased annual fee relating to the period from the change date, as the case may be, until the next annual review date will be calculated in accordance with paragraph (4) and is payable on the change date. (3) For periodical fees payable under the Collective Investment Schemes Act 2008, following a successful application, the proportion of the periodical fee relating to the period from the start date to 30 April is calculated in accordance with paragraph (4) and is payable on the start date. (4) Where paragraph (1), (2) or (3) applies, the annual fee is calculated in accordance with the following formula and rounded up in accordance with (5) — (F ÷ 12) × N where — (a) “F” is the annual fee that would be payable under article 13(2); and (b) “N” is the number of months between either — (i) the start date and the next annual review date; or (ii) the change date and the next annual review date, as the case may be, counting a part of a month as a complete month. (5) Apportioned annual fees are rounded up as follows—

Isle of Man Financial Services Authority (Fees) Order 2026 Article 16 c SD No.2026/0060 Page 19 (a) for fees payable under the Financial Services Act 2008, by £50 except for those relating to the number of appointments under Class 4 or Class 5, which are rounded up to the nearest £1; (b) for fees payable under the Insurance Act 2008, by £50; (c) for fees payable under the Retirement Benefits Schemes Act 2000, by £50; (d) for fees payable under the Collective Investment Schemes Act 2008, by £50; (e) for fees payable under the Designated Businesses (Registration and Oversight) Act 2015, by £10; and (f) for fees payable under the Companies Act 1982, by £10. 16 Increase to fees annually in line with the Consumer Price Index (1) Subject to paragraphs (2) and (3), the fees prescribed by this order shall be increased annually on 1 April by a percentage equal to the percentage increase in the Consumer Price Index published by the Cabinet Office for the preceding September rounded up to the nearest £111 . (2) The annual fee increase in paragraph (1) does not apply to fees prescribed in Schedule 6 (Recognised Auditors). (3) The annual fee increase in paragraph (1) shall apply from 1 April 2027 onwards. 17 Register of Recognised Auditors Regulations 2010 amended (1) The Register of Recognised Auditors Regulations 2010 are amended as follows. (2) In regulation 4(1)(c), for “regulation 6(2), 8(2) or 9(2A), as applicable” substitute «the Isle of Man Financial Services Authority (Fees) Order 2026». (3) In regulation 6(2), omit “of £1,405” and omit footnote. (4) In regulation 8(2), omit “of £1,055” and omit “Fee increased from £880 on 1 January 2023.” in footnote. (5) In regulation 9(2A), omit “of £120”. 11 By section 85(4)(a) and (4) of the Interpretation Act 2015. The Authority has the power to provide for a fee to be increased from time to time by reference to a published index. The Authority will publish a list of increased fees on its website not less than 14 days before the increases are to take effect. This list should be laid before Tynwald.

Article 18 Isle of Man Financial Services Authority (Fees) Order 2026 Page 20 SD No.2026/0060 c 18 Register of Section 14E Auditors Regulations 2023 amended (1) The Register of Section 14E Auditors Regulations 2023 are amended as follows. (2) In regulation 6(1), for “Table A in Schedule 2” substitute «the Isle of Man Financial Services Authority (Fees) Order 2026». (3) In regulation 6(2), for “Table B in Schedule 2” substitute «the Isle of Man Financial Services Authority (Fees) Order 2026». (4) In regulation 7(1) — (a) substitute — «On every annual review date, a section 14E auditor must pay to the Authority an annual fee calculated in accordance with the Isle of Man Financial Services Authority (Fees) Order 2026.»; and (b) omit regulations 7(2), 7(3), 7(4) and 7(5). (5) Omit Schedule 2. 19 Revocations The following orders and regulations are revoked — (a) Financial Services (Fees) Order 202312; (b) Insurance (Fees) Regulations 202313; (c) Registered Schemes Administrators (Fees) Order 202314; (d) Collective Investment Schemes (Fees) Order 202315; and (e) Designated Businesses (Fees) Order 202316 . 12 SD 2022/0356 13 SD 2022/0357 14 SD 2022/0358 15 SD 2022/0354 16 SD 2022/0355

Isle of Man Financial Services Authority (Fees) Order 2026 Article 19 c SD No.2026/0060 Page 21 MADE 5 MARCH 2026 BETTINA ROTH Chief Executive of the Isle of Man Financial Services Authority LILLIAN BOYLE Chair of the Isle of Man Financial Services Authority

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 1 c SD No.2026/0060 Page 23 SCHEDULE 1 FINANCIAL SERVICES ACT 2008 PART 1 – APPLICATION FEES FOR NEW LICENCHOLDERS Article 11(2) Row Regulated Activity Application Fee 1 Class 1(1) (Deposit Taking) (Full) £29,441 2 Class 1(2) (Deposit Taking) (Restricted) £29,441 3 Class 1(3) (Operating a representative office of a foreign bank) £4,283 4 Class 2 (Investment Business) £4,283 5 Class 3 (Services to Collective Investment Schemes) £4,283 6 Class 4 (Corporate Services) £4,283 7 Class 4 (Corporate Services) (Professional Officer) £2,142 8 Class 5 (Trust Services) (Full) £4,283 9 Class 5 (Trust Services) (Professional Officer) £2,142 10 Class 6 (Crowdfunding Platforms) £4,283 11 Class 7 (Management or Administration Services) £2,142 12 Class 8(1) (Operation of a bureau de change) £2,142 13 Class 8(2)(a) (Provision and execution of payment services directly) £4,283 14 Class 8(2)(b) (Provision and execution of payment services as agent) £2,142 15 Class 8(3) (Provision of cheque cashing services) £2,142 16 Class 8(4) (Issue of electronic money) £6,424 17 Class 9 (Operation of a credit union) £2,142

SCHEDULE 1 Isle of Man Financial Services Authority (Fees) Order 2026 Page 24 SD No.2026/0060 c PART 2 – APPLICATION FEES FOR EXISTING LICENCEHOLDERS Article 11(2) Row Application Type Application Fee 1 Application to carry on additional Classes of regulated activity that the licenceholder is not already licensed to undertake 100% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 2 Application to carry on Class 1(1) or Class 1(2) regulated activity by a licenceholder licensed to carry on Class 1(3) 100% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1. 3 Any other application to carry on additional subclasses of regulated activity within a Class of regulated activity that the licenceholder is already licensed to undertake 50% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 4 Material change of control of the following types for a licenceholder: See below Type A 50% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 Type B or Type D 25% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 Type C 15% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 5 Application for an order sanctioning a relevant transfer scheme under paragraph 3(1) of Schedule 1A to the Financial Services Act 2008 50% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1 6 Establishment of a new branch or deposit taking subsidiary outside of the Isle of Man by a licenceholder licensed to carry on Class 1(1) or Class 1(2) regulated activity where the Authority is the lead regulator 50% of the highest application fee the licenceholder would pay under Part 1 of Schedule 1

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 1 c SD No.2026/0060 Page 25 PART 3 – ANNUAL FEES Article 13 Class 1 (Deposit Taking) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 1(1) or Class 1(2) Deposit Taker £0 Total deposits 1 <£1bn £80,293 £80,293 2 ≥£1bn to <£3bn £107,058 £107,058 3 ≥£3bn £133,822 £133,822 Plus Additional fee for each non￾Isle of Man branch £4,283 for each non-Isle of Man branch £4,283 for each non-Isle of Man branch Plus Additional fee for each non￾Isle of Man deposit-taking subsidiary £4,283 for each non￾Isle of Man deposit￾taking subsidiary £4,283 for each non-Isle of Man deposit-taking subsidiary 2 Class 1(3) Representative Office of a Foreign Bank None £4,283 N/A £4,283 Class 2 (Investment Business) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 2 (Investment Business) apart from Row 2 £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 2 Any combination of Class 2(3), (6) and (7) with no other Class 2 permissions (financial adviser and/or investment adviser to retirement benefits scheme) £4,283 Turnover 1 <£250k £1,071 £5,354 2 ≥£250k to <£500k £3,747 £8,030 3 ≥£500k to £6,424 £10,707

SCHEDULE 1 Isle of Man Financial Services Authority (Fees) Order 2026 Page 26 SD No.2026/0060 c Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee <£750k 4 ≥£750k to <£1m £9,100 £13,383 5 ≥£1m to <£1.5m £10,439 £14,722 6 ≥£1.5m £11,776 £16,059 Class 3 (Services to Collective Investment Schemes) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 3 (Services to Collective Investment Schemes) apart from Rows 2, 3 or 4 £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 2 Class 3(7) (investment adviser) only £4,283 Turnover 1 <£250k £1,071 £5,353 2 ≥£250k to <£500k £3,747 £8,030 3 ≥£500k to <£750k £6,424 £10,707 4 ≥£750k to <£1m £9,100 £13,383 5 ≥£1m to <£1.5m £10,439 £14,722 6 ≥£1.5m £11,776 £16,059 3 Class 3(11) and/or (12) where undertaken by a Class 4 (Corporate Services) licenceholder £2,142 None N/A £2,142 4 Class 3(13) only where undertaken by a licenceholder licensed to carry on other Classes of regulated activity £1,607 None N/A £1,607

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 1 c SD No.2026/0060 Page 27 Class 4 (Corporate Services) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 4 (Corporate Services) £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 2 Class 4 (Corporate Services) (Professional Officer) £1,607 Appointments N/A £70 for every director appointment over 25 £70+ £1,607 plus £70 for every director appointment over 25 Class 5 (Trust Services) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 5 (Trust Services) £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 2 Class 5 (Trust Services) (Professional Officer) £1,607 Appointments N/A £70 for every trustee, enforcer or protector appointment over 25 £70+ £1,607 plus £70 for every trustee, enforcer or protector appointment over 25 Class 6 (Crowdfunding Platforms) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 6 (Crowdfunding Platforms) with secondary markets £21,412 None N/A £21,412 2 Class 6 (Crowdfunding Platforms) without £10,706 None N/A £10,706

SCHEDULE 1 Isle of Man Financial Services Authority (Fees) Order 2026 Page 28 SD No.2026/0060 c Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee secondary markets Class 7 (Management or Administration Services) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 7 (Management or Administration Services) Sum of the base fees for the Classes of Regulated Activity undertaken by the licenceholder that the Class 7 licenceholder manages or administers None N/A Sum of the base fees for the Classes of Regulated Activity undertaken by the licenceholder that the Class 7 licenceholder manages or administers Class 8 (Money Transmission Services) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 8(1) (Operation of a bureau de change) £4,283 None N/A £4,283 2 Class 8(2)(a) (Provision and execution of payment services directly) £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 3 Class 8(2)(b) (Provision and execution of payment services as agent) £4,283 None N/A £4,283 4 Class 8(3) (Provision of cheque cashing services) £4,283 None N/A £4,283 5 Class 8(4) (Issue of electronic money) £4,283 Turnover 1 <£500k £3,212 £7,495

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 1 c SD No.2026/0060 Page 29 Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 Class 9 (Credit Unions) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Class 9 (Operation of a credit union) £536 None N/A £536

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 2 c SD No.2026/0060 Page 31 SCHEDULE 2 INSURANCE ACT 2008 PART 1 – APPLICATION FEES FOR NEW REGULATED PERSONS Article 11(2) Row Insurance Activity Application Fee 1 Authorised Insurer (Class 1, 2 or 10) £53,529 2 ICC / PCC Core (Class 1, 2 or 10) £53,529 3 ICC / PCC Cell (Class 1, 2 or 10) £42,823 4 Permit Holder (Class 1, 2 or 10) (with approved supervisor) £6,960 5 Permit Holder (Class 1, 2 or 10) (without approved supervisor) £10,706 6 Authorised Insurer (Class 3 to 9 or 11) £21,412 7 ICC Core / PCC Core (Class 3 to 9 or 11) £21,412 8 ICC / PCC Cell (Class 3 to 9 or 11) £10,706 9 Permit Holder (Class 3 to 9 or 11) (with approved supervisor) £4,283 10 Permit Holder (Class 3 to 9 or 11) (without approved supervisor) £6.960 11 Authorised Insurer (Class 12) £6,960 12 ICC / PCC Core (Class 12) (subject to row 22, includes a supporting core) £6,960 13 ICC / PCC Cell (Class 12) £2,677 14 Permit Holder (Class 12) (with approved supervisor) £2,677 15 Permit Holder (Class 12) (without approved supervisor) £4,283 16 Authorised Composite Insurer17 (long￾term business and non long-term business) (Class 1, 2 or 10, and 9 or 11) £74,941 17 ICC / PCC Core (Class 1, 2 or 10, and 9 or 11) £74,941 18 ICC / PCC Cell (Class 1, 2 or 10, and 9 or 11) £64,235 19 Permit Holder (Class 1, 2 or 10, and 9 or 11) (with approved supervisor) £11,242 20 Permit Holder (Class 1, 2 or 10, and 9 or 11) (without approved supervisor) £17,665 17 Composite insurers (i.e. insurers carrying on long-term business and non long-term business) are limited to the combination of classes set out in regulations 3 and 5 of the Insurance Regulations.

SCHEDULE 2 Isle of Man Financial Services Authority (Fees) Order 2026 Page 32 SD No.2026/0060 c Row Insurance Activity Application Fee 21 Authorised Insurer (Class 13 and any other class or classes) £5,567 22 ICC Core / PCC Core (Class 13 and any other class or classes, or a supporting core where all of the business of the PCC is under Class 13) £5,567 23 ICC / PCC Cell (Class 13 and any other class or classes) £2,142 24 Permit Holder (Class 13 and any other class or classes) (with approved supervisor) £2,142 25 Permit Holder (Class 13 and any other class or classes) (without approved supervisor) £3,427 26 Standby authorised insurer 50% of the fee that would otherwise be applicable under this Part 1 of Schedule 2 if the applicant was applying to be an authorised insurer that is not a standby authorised insurer 27 Authorised insurer subject to a sandbox 50% of the fee that would otherwise be applicable under this Part 1 of Schedule 2 if the applicant was applying to be an authorised insurer that is not subject to a sandbox 28 Insurance Manager £4,283 29 Insurance Intermediary apart from row 30 £4,283 30 Insurance Intermediary that meets the exemption criteria under regulation 6(2) or 6(3) of the Insurance Intermediaries (General Business) Regulations 202018 £0 PART 2 – APPLICATION FEES FOR EXISTING REGULATED PERSONS Article 11(2) Row Application Type Application Fee 1 Application to carry on additional Classes of insurance activity that the regulated person is not already authorised or permitted by the Authority to undertake 100% of the highest application fee the regulated person would pay under Part 1 of Schedule 2 2 Application, in respect of a standby authorised insurer, to carry on additional classes of insurance activity that the 25% of the highest application fee the insurer would pay under Part 1 of Schedule 2 if it was an authorised insurer 18 SD 2020/0439

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 2 c SD No.2026/0060 Page 33 Row Application Type Application Fee insurer is not already authorised by the Authority to undertake (and where the insurer thereafter is to remain a standby authorised insurer) that is not a standby authorised insurer 3 Application, in respect of an authorised insurer subject to a sandbox, to carry on additional classes of insurance activity that the insurer is not already authorised by the Authority to undertake (and where the insurer thereafter is to remain an authorised insurer subject to a sandbox) 50% of the highest application fee the insurer would pay under Part 1 of Schedule 2 if it was an authorised insurer that is not subject to a sandbox 4 Material change of control of the following types for a regulated person: See below Type A 50% of the highest application fee the regulated person would pay under Part 1 of Schedule 2 Type B or Type D 25% of the highest application fee the regulated person would pay under Part 1 of Schedule 2 Type C 15% of the highest application fee the regulated person would pay under Part 1 of Schedule 2 5 Material change of control in respect of a standby authorised insurer 100% of the fee that would be applicable to the insurer under row 4 if the insurer was applying in respect of the change of control as an authorised insurer that is not a standby authorised insurer 6 Material change of control in respect of an authorised insurer subject to a sandbox 100% of the fee that would be applicable to the insurer under row 4 if the insurer was applying in respect of the change of control as an authorised insurer that is not subject to a sandbox 7 Application for an order sanctioning a scheme under which the whole or part of the long-term business carried on by an insurer is to be transferred to another insurer under paragraph 1 of Schedule 2 to the Insurance Act 2008 25% of the highest application fee the regulated person would pay under Part 1 of Schedule 2 8 Application in respect of a standby authorised insurer to become an authorised insurer that is not a standby authorised insurer 50% of the fee that would be applicable under Part 1 of Schedule 2 for an application to be an authorised insurer that is not a standby authorised insurer 9 Application in respect of an authorised insurer subject to a sandbox to become an authorised insurer that is not subject to a sandbox 50% of the fee that would be applicable under Part 1 of Schedule 2 for an application to be an authorised insurer that is not subject to a sandbox

SCHEDULE 2 Isle of Man Financial Services Authority (Fees) Order 2026 Page 34 SD No.2026/0060 c PART 3 – ANNUAL FEES Article 13 Long-Term Business (Class 1, Class 2) or Reinsurance (Class 10) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Authorised Insurer (Class 1, 2 or 10) £0 Total accounting liabilities 1 <£0.75bn £80,293 £80,293 2 ≥£0.75bn to <£2.5bn £133,822 £133,822 3 ≥£2.5bn to <£10bn £160,586 £160,586 4 ≥£10bn to <£17.5bn £240,879 £240,879 5 ≥£17.5bn to <£25bn £294,408 £294,408 6 ≥£25bn £374,701 £374,701 2 ICC / PCC Core (Class 1, 2 or 10) (i.e. non￾supporting core) £0 Total accounting liabilities 1 <£0.75bn £80,293 £80,293 2 ≥£0.75bn to <£2.5bn £133,822 £133,822 3 ≥£2.5bn to <£10bn £160,586 £160,586 4 ≥£10bn to <£17.5bn £240,879 £240,879 5 ≥£17.5bn to <£25bn £294,408 £294,408 6 ≥£25bn £374,701 £374,701 3 ICC / PCC Cell (Class 1, 2 or 10) £0 Total accounting liabilities 1 <£0.75bn £80,293 £80,293 2 ≥£0.75bn to <£2.5bn £133,822 £133,822 3 ≥£2.5bn to <£10bn £160,586 £160,586 4 ≥£10bn to <£17.5bn £240,879 £240,879 5 ≥£17.5bn to <£25bn £294,408 £294,408 6 ≥£25bn £374,701 £374,701 4 Permit Holder (Class 1, £7,495 None

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 2 c SD No.2026/0060 Page 35 Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 2 or 10) (with approved supervisor) N/A £7,495 5 Permit Holder (Class 1, 2 or 10) (without approved supervisor) £13,383 None N/A £13,383 General Business (Class 3 to Class 9) or Reinsurance (Class 11) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Authorised Insurer (Class 3 to 9 or 11) £0 GTP and GWP 1 GTP <£50m and GWP <£25m £21,412 £21,412 2 Either GTP ≥£50m and <£250m and GWP <£100m or GWP ≥£25m and <£100m and GTP <£250m £53,529 £53,529 3 Either GTP ≥£250m or GWP ≥£100m £107,058 £107,058 2 ICC Core / PCC Core (Class 3 to 9 or 11) (i.e. a non￾supporting core) £0 GTP and GWP 1 GTP <£50m and GWP <£25m £21,412 £21,412 2 Either GTP ≥£50m and <£250m and GWP <£100m or GWP ≥£25m and <£100m and GTP <£250m £53,529 £53,529 3 Either GTP ≥£250m or GWP ≥£100m £107,058 £107,058 3 ICC / PCC Cell (Class 3 to 9 or 11) £0 GTP and GWP 1 GTP <£50m and GWP <£25m £21,412 £21,412 2 Either GTP ≥£50m and <£250m and GWP <£100m or GWP ≥£25m and <£100m and GTP £53,529 £53,529

SCHEDULE 2 Isle of Man Financial Services Authority (Fees) Order 2026 Page 36 SD No.2026/0060 c Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee <£250m 3 Either GTP ≥£250m or GWP ≥£100m £107,058 £107,058 4 Permit Holder (Class 3 to 9 or 11) (with approved supervisor) £6,424 None N/A £6,424 5 Permit Holder (Class 3 to 9 or 11) (without approved supervisor) £10,706 None N/A £10,706 Composite Insurer – Long-Term Business (Class 1, Class 2 or Class 10) and General Business (Class 1 to Class 11) Row Activity Total Annual Fee 1 Composite Insurer – Long-Term Business (Class 1, Class 2 or Class 10) and General Business (Class 9 or Class 11 or, for transition purposes, any of Classes 3 to 9 or 11 held in accordance with regulation 5(2) of the Insurance Regulations 2025) Annual fees for insurers authorised or permitted to carry on both long-term business and general business are calculated as the sum of the applicable annual fees for — (1) Class 1, Class 2 or Class 10 insurance business, where ‘total accounting liabilities’ are those attributable to the Class 1, Class 2 or Class 10 insurance business; and (2) Class 3 to Class 9 or Class 11 insurance business, where GTP and GWP (where required to be reported) are those attributable to the Class 3 to Class 9 or Class 11 insurance business. Captive (Class 12) Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Authorised Insurer (Class 12) £8,565 None N/A £8,565 2 ICC / PCC Core (Class 12) (subject to row 2 of the table titled “Class 13 and any other class or classes”), includes a supporting core £8,565 None N/A £8,565 3 ICC / PCC Cell (Class 12) £4,283 None N/A £4,283

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 2 c SD No.2026/0060 Page 37 Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 4 Permit Holder (Class 12) (with approved supervisor) £4,283 None N/A £4,283 5 Permit Holder (Class 12) (without approved supervisor) £8,565 None N/A £8,565 Class 13 and Any Other Class or Classes Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Authorised Insurer (Class 13 and any other class or classes) £6,853 None N/A £6,853 2 ICC / PCC Core (Class 13 and any other class or classes, or a class 12 and 13 supporting core where all of the business of the PCC is under class 13) £6,853 None N/A £6,853 3 ICC / PCC Cell (Class 13 and any other class or classes) £2,142 None N/A £2,142 4 Permit Holder (Class 13 and any other class or classes) (with approved supervisor) £2,912 None N/A £2,912 5 Permit Holder (Class 13 and any other class or classes) (without approved supervisor) £6,853 None N/A £6,853 Standby Authorised Insurers and Authorised Insurers Subject to a Sandbox Row Activity Total Annual Fee 1 Standby authorised insurer 25% of the fee that would otherwise be applicable to the insurer under Part 1 of Schedule 2 if it was an authorised insurer that is not a standby authorised insurer (without limiting article 14(3)(d) and 14(3)(e), the minimum fee is £1,000) 2 Authorised insurer subject to a sandbox 50% of the fee that would otherwise be applicable to the insurer under Part 1 of Schedule 2 if it was an authorised insurer that is not subject to a sandbox

SCHEDULE 2 Isle of Man Financial Services Authority (Fees) Order 2026 Page 38 SD No.2026/0060 c Registered Insurance Managers Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Insurance Manager (where manager only acts for insurers within its own group) £5,353 None N/A £5,353 2 Insurance Manager (where manager acts for insurers outside its own group – commercial) £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,236 Registered Insurance Intermediaries Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Insurance Intermediary apart from rows 2, 3 or 4 £4,283 Turnover 1 <£250k £1,071 £5,354 2 ≥£250k to <£500k £3,747 £8,030 3 ≥£500k to <£750k £6,424 £10,707 4 ≥£750k to <£1m £9,100 £13,383 5 ≥£1m to <£1.5m £10,439 £14,722 6 ≥£1.5m £11,776 £16,059 2 Insurance Intermediary that is licensed to carry on Class 1(1) or Class 1(2) (Deposit Taking) regulated activity under the Financial Services Act 2008 apart from row 4 £4,283 N/A £4,283 3 Insurance Intermediary that is licensed to carry on Class 2(3) and 2(7) regulated activities under the Financial Services Act 2008 apart from row 4 £4,283 N/A £4,283

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 2 c SD No.2026/0060 Page 39 Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 4 Insurance Intermediary that meets the exemption criteria under regulation 6(2) or 6(3) of the Insurance Intermediaries (General Business) Regulations 2020 £0 N/A £0

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 3 c SD No.2026/0060 Page 41 SCHEDULE 3 RETIREMENT BENEFITS SCHEMES ACT 200019 PART 1 – APPLICATION FEES FOR NEW REGISTERED SCHEMES ADMINISTRATORS Article 11(2) Row Activity Application Fee 1 Registered Schemes Administrator (Professional) £4,283 2 Registered Schemes Administrator (In-house) £0 PART 2 – APPLICATION FEES FOR EXISTING REGISTERED SCHEMES ADMINISTRATORS Article 11(2) Row Activity Transaction Fee 1 Material change of control of the following types for a registered schemes administrator: See below Type A 50% of the highest application fee the registered schemes administrator would pay under Part 1 of Schedule 3 Type B or Type D 25% of the highest application fee the registered schemes administrator would pay under Part 1 of Schedule 3 Type C 15% of the highest application fee the registered schemes administrator would pay under Part 1 of Schedule 3 PART 3 – ANNUAL FEES Article 13 Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 1 Registered Schemes Administrator (Professional) – Turnover £4,283 Turnover 1 <£500k £3,212 £7,495 2 ≥£500k to <£1m £9,100 £13,383 19 Prescribed under section 81(1) of the Interpretation Act 2015 in accordance with section 36(8) of the Retirement Benefits Schemes Act 2000.

SCHEDULE 3 Isle of Man Financial Services Authority (Fees) Order 2026 Page 42 SD No.2026/0060 c Row Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee 3 ≥£1m to <£2m £14,453 £18,736 4 ≥£2m to <£4m £25,159 £29,442 5 ≥£4m to <£7m £38,541 £42,824 6 ≥£7m to <£10m £49,246 £53,529 7 ≥£10m £59,952 £64,235 2 Registered Schemes Administrator (In-house) Number of members £0 1 <100 N/A £0 £536 2 ≥100 N/A £536

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 4 c SD No.2026/0060 Page 43 SCHEDULE 4 COLLECTIVE INVESTMENT SCHEMES ACT 2008 PART 1 – APPLICATION FEES Article 11(2) Row Application Type Application Fee 1 Authorised Scheme (Single) £3,747 2 Authorised Scheme (Umbrella) £3,747 3 Authorised Scheme (Sub-Fund) £1,607 4 Regulated Fund £1,714 5 Submission of a statement of responsibility in relation to an initial offering document for a Qualifying Fund under regulation 4(2) of the Collective Investment Scheme (Qualifying Fund) Regulations 2010 £1,607 6 Submission of a statement of responsibility in relation to an initial offering document for a Specialist Fund under regulation 4(2) of the Collective Investment Scheme (Specialist Fund) Regulations 2010 £1,607 7 Exempt Scheme N/A 8 Recognised Scheme (Paragraph 1) £3,212 9 Recognised Scheme (Paragraph 2) (Single) £6,424 10 Recognised Scheme (Paragraph 2) (Umbrella) £5,888 11 Recognised Scheme (Paragraph 2) (Sub-Fund) £1,607 12 Overseas Scheme20 N/A 13 Exempt-Type Scheme N/A PART 2 – PERIODICAL FEES Article 13 Row Scheme Type Base Fee Volume Measure Volume Fee Total Periodical Fee 1 Authorised Scheme £5,353 Per sub-fund £1,071 £5,353 plus £1,071 for each sub-fund 2 Regulated Fund £5,353 N/A N/A £5,353 3 Qualifying Fund £3,212 N/A N/A £3,212 4 Specialist Fund £3,212 N/A N/A £3,212 5 Closed EIF £8,115 N/A N/A £8,115 6 Exempt Scheme N/A 7 Recognised Scheme (Paragraph 1) £1,607 N/A N/A £1,607 8 Recognised Scheme (Paragraph 2) £5,353 Per sub-fund £1,071 £5,353 plus £1,071 for each sub-fund

SCHEDULE 4 Isle of Man Financial Services Authority (Fees) Order 2026 Page 44 SD No.2026/0060 c Row Scheme Type Base Fee Volume Measure Volume Fee Total Periodical Fee 9 Overseas Scheme N/A 10 Exempt-Type Scheme N/A

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 5 c SD No.2026/0060 Page 45 SCHEDULE 5 DESIGNATED BUSINESSES (REGISTRATION AND OVERSIGHT) ACT 2015 PART 1 – APPLICATION FEES Article 11(2) Activity Number of Employees Application Fee Type A (Virtual asset service provider) Any £3,747 Type B (Legal professionals, accountants, tax advisers, estate agents and payroll agents) 1 £375 2 £1,178 ≥3 £1,821 Type C (Lending, financial leasing, financial guarantees, high value goods and safe custody) 1 £375 2 £1,178 ≥3 £1,285 Type D (Specified non-profit organisations) Any £0 PART 2 – ANNUAL FEES Article 13 Registration Type Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee Registered with and overseen by the Authority Type A (Virtual asset service provider) £3,747 1 1 employee £0 £3,747 2 2 to 5 employees £536 £4,283 3 6 to 10 employees £1,607 £5,354 4 11 to 15 employees £2,677 £6,424 5 16 to 25 employees £3,747 £7,494 6 >25 employees £4,818 £8,565 Type B (Legal professionals, accountants, tax advisers, estate agents and payroll agents) £375 1 1 employee £0 £375 £750 2 2 employees £0 £750 £1,821 3 3 to 5 employees £536 £2,357 4 6 to 10 employees £1,607 £3,428 5 11 to 15 employees £2,677 £4,498 6 16 to 25 employees £3,747 £5.568 7 >25 employees £4,818 £6,639 Type C £375 1 1 employee £0 £375

SCHEDULE 5 Isle of Man Financial Services Authority (Fees) Order 2026 Page 46 SD No.2026/0060 c Registration Type Activity Base Fee Band No. Volume Measure Volume Fee Total Annual Fee (Lending, financial leasing, financial guarantees, high value goods and safe custody) £750 2 2 employees £0 £750 £1,285 3 3 to 5 employees £536 £1,821 4 6 to 10 employees £1,607 £2,892 5 11 to 15 employees £2,677 £3,962 6 16 to 25 employees £3,747 £5,032 7 >25 employees £4,818 £6,103 Type D (Specified non-profit organisations) £0 N/A £0 Registered with the Authority and overseen by a delegated oversight body Any Designated Business £375 1 1 employee £0 £375 2 2 employees £0 £375 3 3 to 5 employees £0 £375 4 6 to 10 employees £165 £540 5 11 to 15 employees £275 £650 6 16 to 25 employees £385 £760 7 >25 employees £494 £869

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 6 c SD No.2026/0060 Page 47 SCHEDULE 6 RECOGNISED AUDITORS21 PART 1 – APPLICATION FEES FOR NEW REGISTRATIONS Article 11(2) Activity Application Fee Registration under the Register of Recognised Auditors Regulations 2010 £1,405 PART 2 – APPLICATION FEES FOR EXISTING REGISTRATIONS Article 11(2) Activity Other Application Fees Notification of the appointment of a new Responsible Individual £120 PART 3 – ANNUAL FEES Article 13 Activity Annual Fee Registration under the Register of Recognised Auditors Regulations 2010 £1,055

Isle of Man Financial Services Authority (Fees) Order 2026 SCHEDULE 7 c SD No.2026/0060 Page 49 SCHEDULE 7 SECTION 14E AUDITORS PART 1 – APPLICATION FEES FOR NEW AUTHORISATIONS Article 11(2) Activity Application Fee Authorisation under section 14E of the Companies Act 1982 £2,677 PART 2 – APPLICATION FEES FOR EXISTING AUTHORISATIONS Article 11(2) Activity Other Application Fees Application to amend an existing authorisation under section 14E of the Companies Act 1982 to include any additional Isle of Man companies £1,071 Notification of the appointment of a new Responsible Individual that is a member of a recognised accountancy body £108 Notification of the appointment of a new Responsible Individual that is not a member of a recognised accountancy body £264 PART 3 – ANNUAL FEES Article 13 Activity Annual Fee Authorisation under section 14E of the Companies Act 1982 £536

Explanatory Note Isle of Man Financial Services Authority (Fees) Order 2026 Page 50 SD No.2026/0060 c EXPLANATORY NOTE (This note is not part of the Order) This Order prescribes the application fees, annual fees and periodical fees (as the case may be) payable by — (a) applicants for licensing and licenceholders under the Financial Services Act 2008; (b) applicants and regulated persons under the Insurance Act 2008; (c) applicants for registration and registered schemes administrators under the Retirement Benefits Schemes Act 2000; (d) schemes under the Collective Investment Schemes Act 2008; (e) applicants for registration and registered persons under the Designated Businesses (Registration and Oversight) Act 2015; (f) applicants for registration and registered persons under the Register of Recognised Auditors Regulations 2010; and (g) applicants for authorisation and registered persons under the Register of Section 14E Auditors Regulations 2023. This Order provides for fees to be apportioned, where applicable, if a licence, authorisation, permit or registration is granted or changed during a period. This Order provides for fees to be increased annually in line with inflation measured by the Consumer Price Index for September each year, as published by the Isle of Man Government. This Order amends the Register of Recognised Auditors Regulations 2010 and the Register of Section 14E Auditors Regulations 2023 to omit fees payable, which are now specified in this Order. This Order revokes the Financial Services (Fees) Order 2023, the Insurance (Fees) Regulations 2023, the Registered Schemes Administrators (Fees) Order 2023, the Collective Investment Schemes (Fees) Order 2023 and the Designated Businesses (Fees) Order 2023.