Smart Bitcoin ETF — Net Asset Value 2025

Jul 24, 2025

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

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

Friday, 25 July 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 24 July 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 1.21110 181,681,268 (50,000)APA Smart Asia Pacific ETF 2.75370 24,735,726 45,000ASD Smart Australian Dividend ETF 1.96238 20,804,541 -ASF Smart Australian Financials ETF 11.53462 4,390,468 25,000ASP Smart Australian Property ETF 1.47548 26,047,531 -ASR Smart Australian Resources ETF 6.00005 11,407,633 -AUE Smart Australian ESG ETF 3.19560 30,465,228 -AUS Smart Australian Top 200 ETF 3.74901 61,112,708 100,000BOT Smart Automation and Robotics ETF 5.81508 10,850,891 -BTC Smart Bitcoin ETF 4.32167 7,935,123 -DIV Smart NZ Dividend ETF 1.17089 69,032,211 -EMF Smart Emerging Markets ETF 1.67980 110,939,155 50,000EMG Smart Emerging Markets ESG ETF 2.91722 35,837,676 -ESG Smart Global ESG ETF 4.17171 62,300,216 -EUF Smart Europe ETF 2.64238 43,311,036 280,000EUG Smart Europe ESG ETF 4.01393 4,097,921 5,000FNZ Smart NZ Top 50 ETF 3.06052 200,340,182 -GBF Smart Global Bond ETF 3.15356 44,739,618 (20,000)GGB Smart Global Government Bond ETF 2.51605 252,332,200 -GLD Smart Gold ETF 3.03726 4,514,286 -GPR Smart Global Property ETF 2.73277 22,171,307 -INF Smart Global Infrastructure ETF 2.93342 21,087,059 -JPN Smart Japan ESG ETF 2.83100 3,604,840 20,000LIV Smart Healthcare Innovation ETF 2.94615 7,334,680 -MDZ Smart NZ Mid Cap ETF 5.71243 23,440,674 (100,000)MZY Smart Australian Mid Cap ETF 11.61464 21,332,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.22146 126,416,727 -NPF Smart NZ Property ETF 1.11844 89,261,748 -NZB Smart NZ Bond ETF 3.01196 149,909,077 (40,000)NZC Smart NZ Cash ETF 3.01873 118,663,712 70,000NZG Smart S&P/NZX 50 ETF 2.51244 284,451,142 -NZT Smart S&P/NZX 20 ETF 2.43741 2,181,742 -OZY Smart Australian Top 20 ETF 5.25956 34,881,267 -TNZ Smart NZ Top 10 ETF 1.96313 57,631,573 -TWF Smart Total World ETF 4.26085 47,569,208 65,000TWH Smart Total World (NZD Hedged) ETF 4.16834 99,064,889 300,000USA Smart US ESG ETF 4.89931 7,396,766 -USF Smart US 500 ETF 18.54978 46,156,994 40,000USG Smart US Large Growth ETF 13.77306 37,048,866 40,000USH Smart US 500 (NZD Hedged) ETF 3.56300 57,450,000 85,000USM Smart US Mid Cap ETF 9.10410 5,282,745 -USS Smart US Small Cap ETF 7.80014 4,953,711 -UST Smart US Technology (NZD Hedged) ETF 2.77362 4,764,091 30,000USV Smart US Large Value ETF 5.83904 8,568,176 (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 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