Smart Australian Resources ETF — Net Asset Value 2025

Nov 18, 2025

Level 15, 45 Queen Street, PO Box 105262, Auckland, New Zealand contactus@smartinvest.co.nz

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Wednesday, 19 November 2025

NTA & Allotment Notice

Smartshares Ltd would like to report the Net Tangible Assets (NTA) and Units on Issue for each ETF in the Smart Exchange Traded Funds as at 18 November 2025.

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----- Start of picture text ----- NZX Code Fund Name NTA Units on Issue Change in UnitsAGG Smart Global Aggregate Bond ETF 1.22221 168,716,268 100,000APA Smart Asia Pacific ETF 3.13865 27,410,726 125,000ASD Smart Australian Dividend ETF 2.11317 21,804,541 -ASF Smart Australian Financials ETF 11.92958 5,165,468 -ASP Smart Australian Property ETF 1.61941 25,297,531 -ASR Smart Australian Resources ETF 7.00042 11,107,633 -AUE Smart Australian ESG ETF 3.30023 23,965,228 (6,600,000)AUS Smart Australian Top 200 ETF 3.87037 64,112,708 -BOT Smart Automation and Robotics ETF 6.30591 11,035,891 (30,000)BTC Smart Bitcoin ETF 3.54482 10,795,123 65,000DIV Smart NZ Dividend ETF 1.29965 71,907,211 -EMF Smart Emerging Markets ETF 1.89202 118,939,155 100,000EMG Smart Emerging Markets ESG ETF 3.34682 30,022,676 (4,600,000)ESG Smart Global ESG ETF 4.64181 69,755,216 -EUF Smart Europe ETF 2.82274 46,931,036 125,000EUG Smart Europe ESG ETF 4.38553 4,682,921 25,000FNZ Smart NZ Top 50 ETF 3.22725 195,040,182 -GBF Smart Global Bond ETF 3.16334 46,059,618 (100,000)GGB Smart Global Government Bond ETF 2.52957 1,200,554 -GLD Smart Gold ETF 3.82925 9,639,286 20,000GPR Smart Global Property ETF 2.72464 19,206,307 (3,100,000)INF Smart Global Infrastructure ETF 3.04104 18,452,059 (3,100,000)JPN Smart Japan ESG ETF 3.24002 4,229,840 -LIV Smart Healthcare Innovation ETF 3.46304 7,024,680 -MDZ Smart NZ Mid Cap ETF 6.24201 23,340,674 -MZY Smart Australian Mid Cap ETF 12.51880 23,432,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.26833 10,916,727 -NPF Smart NZ Property ETF 1.19368 86,261,748 (125,000)NZB Smart NZ Bond ETF 3.06292 20,099,077 -NZC Smart NZ Cash ETF 3.00148 7,788,712 (305,000)NZG Smart S&P/NZX 50 ETF 2.60731 78,251,142 -NZT Smart S&P/NZX 20 ETF 2.50691 2,381,742 -OZY Smart Australian Top 20 ETF 5.36752 34,806,267 -TNZ Smart NZ Top 10 ETF 1.98823 54,881,573 -TWF Smart Total World ETF 4.72251 52,629,208 155,000TWH Smart Total World (NZD Hedged) ETF 4.35249 112,654,889 80,000USA Smart US ESG ETF 5.54947 7,826,766 -USF Smart US 500 ETF 20.69105 47,826,994 35,000USG Smart US Large Growth ETF 15.53521 38,218,866 (25,000)USH Smart US 500 (NZD Hedged) ETF 3.71498 62,805,000 100,000USM Smart US Mid Cap ETF 9.50030 5,567,745 -USS Smart US Small Cap ETF 8.20729 4,883,711 -UST Smart US Technology (NZD Hedged) ETF 3.07980 9,624,091 50,000USV Smart US Large Value ETF 6.36884 8,313,176 ------ End of picture text -----

Nature of Notice and Reliance on Waiver

This notice is given by Smartshares Limited (Smart) under Listing Rule 3.13.1 and relates to the continuous issue of ordinary units by Smart in each of the exchange traded funds (each an ETF) established under the Smart Exchange Traded Funds managed investment scheme (Scheme) and listed on the Main Board.

This notice is given in reliance on a waiver from NZX Listing Rule 3.13.1 granted by Special Division on 23 May 2024 that allows Smart, subject to certain conditions, to release details of the issue of ordinary units in the ETFs through MAP other than in the prescribed form. This notice is to be read in conjunction with Smart’s master capital change notice which includes all the information required under NZX Listing Rule 3.13.1 and not currently covered in this notice.

About Smart

Established in 1996, Smartshares Limited (trading as “Smart”) is a wholly owned subsidiary of NZX Limited with more than $12 billion in funds under management, serving a wide range of investors, including individual investors, financial adviser customers, businesses, iwi and Pacific nation groups. Smart’s new brand is based on the belief ‘the wise invest Smart’, and that the wisest way to build wealth is to invest in market-tracking products over time. Through Smart ETFs, Kiwis can diversify their portfolios across over 40 ETFs providing access to global, high-performing and special interest markets. Smart is the manager and issuer of the Smart Exchange Traded Funds. The product disclosure statements are available at www.smartinvest.co.nz.

For further information please contact: Smartshares Limited 0800 80 87 80 contactus@smartinvest.co.nz