Smart Bitcoin ETF — Net Asset Value 2025

Mar 27, 2025

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

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Friday, 28 March 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 27 March 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 1.19800 182,971,268 25,000APA Smart Asia Pacific ETF 2.58208 23,110,726 20,000ASD Smart Australian Dividend ETF 1.80326 20,679,541 (125,000)ASF Smart Australian Financials ETF 10.44395 3,640,468 100,000ASP Smart Australian Property ETF 1.40532 26,422,531 -ASR Smart Australian Resources ETF 5.73951 11,557,633 -AUE Smart Australian ESG ETF 2.93012 30,465,228 -AUS Smart Australian Top 200 ETF 3.48521 63,512,708 400,000BOT Smart Automation and Robotics ETF 5.36149 11,020,891 -BTC Smart Bitcoin ETF 3.34039 7,025,123 40,000DIV Smart NZ Dividend ETF 1.09206 69,032,211 -EMF Smart Emerging Markets ETF 1.59554 106,999,155 (225,000)EMG Smart Emerging Markets ESG ETF 2.70733 36,402,676 -ESG Smart Global ESG ETF 3.89570 61,020,216 -EUF Smart Europe ETF 2.48308 38,351,036 65,000EUG Smart Europe ESG ETF 3.84114 3,627,921 -FNZ Smart NZ Top 50 ETF 2.97280 205,640,182 -GBF Smart Global Bond ETF 3.13248 51,484,618 -GGB Smart Global Government Bond ETF 2.51378 244,427,200 -GLD Smart Gold ETF 2.86188 2,439,286 -GPR Smart Global Property ETF 2.70467 22,196,307 -INF Smart Global Infrastructure ETF 2.88492 20,977,059 -JPN Smart Japan ESG ETF 2.75441 3,404,840 -LIV Smart Healthcare Innovation ETF 2.95678 7,569,680 -MDZ Smart NZ Mid Cap ETF 5.56438 24,940,674 -MZY Smart Australian Mid Cap ETF 10.49175 19,157,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.20071 126,016,727 200,000NPF Smart NZ Property ETF 1.03547 104,886,748 -NZB Smart NZ Bond ETF 2.99594 148,429,077 (55,000)NZC Smart NZ Cash ETF 3.02607 204,828,712 (385,000)NZG Smart S&P/NZX 50 ETF 2.44432 273,651,142 (21,200,000)NZT Smart S&P/NZX 20 ETF 2.38503 2,081,742 -OZY Smart Australian Top 20 ETF 4.92205 34,431,267 -TNZ Smart NZ Top 10 ETF 1.91116 58,131,573 -TWF Smart Total World ETF 4.03010 44,859,208 25,000TWH Smart Total World (NZD Hedged) ETF 3.82542 86,974,889 280,000USA Smart US ESG ETF 4.63264 7,201,766 -USF Smart US 500 ETF 17.66003 43,771,994 55,000USG Smart US Large Growth ETF 12.37639 36,443,866 70,000USH Smart US 500 (NZD Hedged) ETF 3.25442 54,410,000 560,000USM Smart US Mid Cap ETF 8.81362 5,432,745 20,000USS Smart US Small Cap ETF 7.62472 5,238,711 -UST Smart US Technology (NZD Hedged) ETF 2.33992 3,444,091 20,000USV Smart US Large Value ETF 5.96940 8,518,176 15,000----- 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 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