Smart Bitcoin ETF — Net Asset Value 2025

May 12, 2025

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

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Tuesday, 13 May 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 12 May 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 1.20325 176,651,268 -APA Smart Asia Pacific ETF 2.57603 23,500,726 -ASD Smart Australian Dividend ETF 1.89419 20,304,541 -ASF Smart Australian Financials ETF 10.91858 3,790,468 50,000ASP Smart Australian Property ETF 1.48828 25,922,531 -ASR Smart Australian Resources ETF 5.57414 11,257,633 -AUE Smart Australian ESG ETF 3.01357 30,465,228 -AUS Smart Australian Top 200 ETF 3.56706 59,312,708 100,000BOT Smart Automation and Robotics ETF 5.25349 10,975,891 -BTC Smart Bitcoin ETF 3.86210 6,970,123 (120,000)DIV Smart NZ Dividend ETF 1.11653 69,782,211 -EMF Smart Emerging Markets ETF 1.56203 108,754,155 -EMG Smart Emerging Markets ESG ETF 2.65979 36,457,676 -ESG Smart Global ESG ETF 3.86446 64,405,216 -EUF Smart Europe ETF 2.50685 39,646,036 (145,000)EUG Smart Europe ESG ETF 3.85241 3,727,921 -FNZ Smart NZ Top 50 ETF 3.05413 203,840,182 -GBF Smart Global Bond ETF 3.14279 49,979,618 (80,000)GGB Smart Global Government Bond ETF 2.52712 229,797,200 (50,000)GLD Smart Gold ETF 3.05808 3,784,286 30,000GPR Smart Global Property ETF 2.71946 22,211,307 -INF Smart Global Infrastructure ETF 2.91575 21,012,059 -JPN Smart Japan ESG ETF 2.71561 3,464,840 -LIV Smart Healthcare Innovation ETF 2.77623 7,539,680 -MDZ Smart NZ Mid Cap ETF 5.60039 24,040,674 -MZY Smart Australian Mid Cap ETF 10.82422 19,982,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.22182 125,016,727 (200,000)NPF Smart NZ Property ETF 1.08144 106,011,748 -NZB Smart NZ Bond ETF 3.01715 145,694,077 (40,000)NZC Smart NZ Cash ETF 3.03665 200,398,712 (150,000)NZG Smart S&P/NZX 50 ETF 2.51730 279,151,142 -NZT Smart S&P/NZX 20 ETF 2.46156 2,081,742 -OZY Smart Australian Top 20 ETF 5.01088 34,431,267 -TNZ Smart NZ Top 10 ETF 1.98561 58,131,573 -TWF Smart Total World ETF 3.93248 45,759,208 40,000TWH Smart Total World (NZD Hedged) ETF 3.79191 91,179,889 10,000USA Smart US ESG ETF 4.45995 7,326,766 -USF Smart US 500 ETF 16.93237 45,006,994 45,000USG Smart US Large Growth ETF 12.14449 36,308,866 15,000USH Smart US 500 (NZD Hedged) ETF 3.19332 56,055,000 (70,000)USM Smart US Mid Cap ETF 8.52259 5,417,745 (15,000)USS Smart US Small Cap ETF 7.22975 5,138,711 (35,000)UST Smart US Technology (NZD Hedged) ETF 2.33277 4,339,091 -USV Smart US Large Value ETF 5.58071 8,548,176 ------ 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