Smart Bitcoin ETF — Net Asset Value 2025

May 28, 2025

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

==> picture [90 x 25] intentionally omitted <==

Thursday, 29 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 28 May 2025.

==> picture [352 x 397] intentionally omitted <==

----- Start of picture text ----- NZX Code Fund Name NTA Units on Issue Change in UnitsAGG Smart Global Aggregate Bond ETF 1.20227 180,271,268 -APA Smart Asia Pacific ETF 2.65332 23,815,726 40,000ASD Smart Australian Dividend ETF 1.91367 20,429,541 -ASF Smart Australian Financials ETF 11.19913 3,890,468 -ASP Smart Australian Property ETF 1.48665 25,797,531 -ASR Smart Australian Resources ETF 5.63889 11,182,633 -AUE Smart Australian ESG ETF 3.06304 30,465,228 -AUS Smart Australian Top 200 ETF 3.63126 59,612,708 -BOT Smart Automation and Robotics ETF 5.41623 10,950,891 25,000BTC Smart Bitcoin ETF 4.08722 6,975,123 20,000DIV Smart NZ Dividend ETF 1.12344 69,782,211 -EMF Smart Emerging Markets ETF 1.59763 109,269,155 165,000EMG Smart Emerging Markets ESG ETF 2.71499 35,627,676 -ESG Smart Global ESG ETF 4.00015 64,415,216 -EUF Smart Europe ETF 2.58955 40,156,036 140,000EUG Smart Europe ESG ETF 3.95817 3,797,921 45,000FNZ Smart NZ Top 50 ETF 2.98990 203,440,182 -GBF Smart Global Bond ETF 3.14407 49,894,618 -GGB Smart Global Government Bond ETF 2.52302 237,232,200 -GLD Smart Gold ETF 3.01542 3,874,286 -GPR Smart Global Property ETF 2.69801 22,186,307 -INF Smart Global Infrastructure ETF 2.91805 21,012,059 -JPN Smart Japan ESG ETF 2.79322 3,519,840 -LIV Smart Healthcare Innovation ETF 2.80497 7,489,680 -MDZ Smart NZ Mid Cap ETF 5.54824 23,940,674 -MZY Smart Australian Mid Cap ETF 11.03719 20,207,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.21637 126,216,727 -NPF Smart NZ Property ETF 1.07365 98,636,748 125,000NZB Smart NZ Bond ETF 3.01193 147,064,077 50,000NZC Smart NZ Cash ETF 3.04028 203,898,712 175,000NZG Smart S&P/NZX 50 ETF 2.45472 284,351,142 -NZT Smart S&P/NZX 20 ETF 2.38995 2,181,742 -OZY Smart Australian Top 20 ETF 5.09376 34,431,267 -TNZ Smart NZ Top 10 ETF 1.92117 57,881,573 -TWF Smart Total World ETF 4.07346 46,009,208 50,000TWH Smart Total World (NZD Hedged) ETF 3.94267 92,729,889 195,000USA Smart US ESG ETF 4.62789 7,371,766 -USF Smart US 500 ETF 17.61802 45,266,994 (20,000)USG Smart US Large Growth ETF 12.87986 36,548,866 30,000USH Smart US 500 (NZD Hedged) ETF 3.34044 56,135,000 40,000USM Smart US Mid Cap ETF 8.73260 5,412,745 15,000USS Smart US Small Cap ETF 7.42430 5,123,711 15,000UST Smart US Technology (NZD Hedged) ETF 2.48693 4,354,091 15,000USV Smart US Large Value ETF 5.66135 8,578,176 (30,000)----- 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 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