Smart Bitcoin ETF — Net Asset Value 2025

May 27, 2025

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

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Wednesday, 28 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 27 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 1.20034 180,271,268 -APA Smart Asia Pacific ETF 2.57698 23,775,726 -ASD Smart Australian Dividend ETF 1.91321 20,429,541 -ASF Smart Australian Financials ETF 11.25965 3,890,468 -ASP Smart Australian Property ETF 1.46615 25,797,531 -ASR Smart Australian Resources ETF 5.62714 11,182,633 75,000AUE Smart Australian ESG ETF 3.06528 30,465,228 -AUS Smart Australian Top 200 ETF 3.63019 59,612,708 -BOT Smart Automation and Robotics ETF 5.25318 10,925,891 -BTC Smart Bitcoin ETF 4.00059 6,955,123 -DIV Smart NZ Dividend ETF 1.12533 69,782,211 -EMF Smart Emerging Markets ETF 1.58634 109,104,155 -EMG Smart Emerging Markets ESG ETF 2.69465 35,627,676 -ESG Smart Global ESG ETF 3.93911 64,415,216 -EUF Smart Europe ETF 2.53189 40,016,036 -EUG Smart Europe ESG ETF 3.93155 3,752,921 -FNZ Smart NZ Top 50 ETF 3.02028 203,440,182 -GBF Smart Global Bond ETF 3.13819 49,894,618 -GGB Smart Global Government Bond ETF 2.51613 237,232,200 -GLD Smart Gold ETF 3.03463 3,874,286 -GPR Smart Global Property ETF 2.68237 22,186,307 -INF Smart Global Infrastructure ETF 2.92950 21,012,059 -JPN Smart Japan ESG ETF 2.69046 3,519,840 -LIV Smart Healthcare Innovation ETF 2.72907 7,489,680 -MDZ Smart NZ Mid Cap ETF 5.56247 23,940,674 -MZY Smart Australian Mid Cap ETF 10.99615 20,207,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.22102 126,216,727 -NPF Smart NZ Property ETF 1.06337 98,511,748 -NZB Smart NZ Bond ETF 3.01833 147,014,077 -NZC Smart NZ Cash ETF 3.04009 203,723,712 (240,000)NZG Smart S&P/NZX 50 ETF 2.49836 284,351,142 -NZT Smart S&P/NZX 20 ETF 2.43507 2,181,742 -OZY Smart Australian Top 20 ETF 5.10773 34,431,267 (75,000)TNZ Smart NZ Top 10 ETF 1.96966 57,881,573 -TWF Smart Total World ETF 3.96592 45,959,208 -TWH Smart Total World (NZD Hedged) ETF 3.87283 92,534,889 75,000USA Smart US ESG ETF 4.49563 7,371,766 -USF Smart US 500 ETF 17.08048 45,286,994 -USG Smart US Large Growth ETF 12.44626 36,518,866 15,000USH Smart US 500 (NZD Hedged) ETF 3.27423 56,095,000 (80,000)USM Smart US Mid Cap ETF 8.49676 5,397,745 -USS Smart US Small Cap ETF 7.17941 5,108,711 -UST Smart US Technology (NZD Hedged) ETF 2.43589 4,339,091 -USV Smart US Large Value ETF 5.51680 8,608,176 ------ 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