Smart Bitcoin ETF — Net Asset Value 2025

May 29, 2025

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

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Friday, 30 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 29 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 1.20159 180,271,268 -APA Smart Asia Pacific ETF 2.59815 23,815,726 -ASD Smart Australian Dividend ETF 1.88617 20,429,541 -ASF Smart Australian Financials ETF 11.20948 3,940,468 50,000ASP Smart Australian Property ETF 1.44633 25,797,531 -ASR Smart Australian Resources ETF 5.52104 11,182,633 -AUE Smart Australian ESG ETF 3.05196 30,465,228 -AUS Smart Australian Top 200 ETF 3.57702 59,412,708 (200,000)BOT Smart Automation and Robotics ETF 5.39076 10,930,891 (20,000)BTC Smart Bitcoin ETF 3.96795 6,975,123 -DIV Smart NZ Dividend ETF 1.08794 69,782,211 -EMF Smart Emerging Markets ETF 1.57344 109,284,155 15,000EMG Smart Emerging Markets ESG ETF 2.70283 35,627,676 -ESG Smart Global ESG ETF 4.02098 64,415,216 -EUF Smart Europe ETF 2.53925 40,156,036 -EUG Smart Europe ESG ETF 3.91517 3,817,921 20,000FNZ Smart NZ Top 50 ETF 2.92970 203,440,182 -GBF Smart Global Bond ETF 3.12302 49,894,618 -GGB Smart Global Government Bond ETF 2.50402 237,232,200 -GLD Smart Gold ETF 3.00296 3,874,286 -GPR Smart Global Property ETF 2.68694 22,186,307 -INF Smart Global Infrastructure ETF 2.87870 21,012,059 -JPN Smart Japan ESG ETF 2.74602 3,519,840 -LIV Smart Healthcare Innovation ETF 2.79587 7,489,680 -MDZ Smart NZ Mid Cap ETF 5.40121 23,940,674 -MZY Smart Australian Mid Cap ETF 10.91071 20,282,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.20343 126,216,727 -NPF Smart NZ Property ETF 1.03547 98,511,748 (125,000)NZB Smart NZ Bond ETF 2.98159 147,149,077 85,000NZC Smart NZ Cash ETF 3.00645 203,848,712 (50,000)NZG Smart S&P/NZX 50 ETF 2.41099 284,151,142 (200,000)NZT Smart S&P/NZX 20 ETF 2.35200 2,181,742 -OZY Smart Australian Top 20 ETF 5.02210 34,431,267 -TNZ Smart NZ Top 10 ETF 1.89898 57,881,573 -TWF Smart Total World ETF 4.01597 46,009,208 -TWH Smart Total World (NZD Hedged) ETF 3.90022 92,809,889 80,000USA Smart US ESG ETF 4.62295 7,371,766 -USF Smart US 500 ETF 17.42038 45,296,994 30,000USG Smart US Large Growth ETF 12.80612 36,548,866 -USH Smart US 500 (NZD Hedged) ETF 3.31024 55,945,000 (190,000)USM Smart US Mid Cap ETF 8.60888 5,397,745 (15,000)USS Smart US Small Cap ETF 7.29709 5,123,711 -UST Smart US Technology (NZD Hedged) ETF 2.49367 4,334,091 (20,000)USV Smart US Large Value ETF 5.57000 8,578,176 ------ 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