Your inventory, attributes, skills and other properties are displayed on this page.
You can set which items you want your character to wear: Select the item from the pulldown menu then click on the bodypart where you want the item to be placed. It's worth placing an item to the correct place, but if you want to walk with a skull on your head, silvers on your legs, food rations on your chest and other unusable items in your hands, then you are free to do so. Worn items determine your protection against attacks from enemies.
Also on this page, you can distribute attribute points you get when you reach the next experience level. In order to make the changes permanent you have to click on Accept Values.
There is another dropdown menu right beneath your attribute points, from which you can select your hero's rank. This settings influences who may attack you and what enemy creatures you will encounter.