Smart Bitcoin ETF — Net Asset Value 2025

Oct 12, 2025

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

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Monday, 13 October 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 10 October 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 1.21967 167,566,268 435,000APA Smart Asia Pacific ETF 3.05847 26,705,726 65,000ASD Smart Australian Dividend ETF 2.15914 21,929,541 125,000ASF Smart Australian Financials ETF 12.63930 5,040,468 -ASP Smart Australian Property ETF 1.66010 25,672,531 -ASR Smart Australian Resources ETF 6.90168 10,957,633 -AUE Smart Australian ESG ETF 3.46965 30,465,228 -AUS Smart Australian Top 200 ETF 4.06246 62,412,708 -BOT Smart Automation and Robotics ETF 6.45052 11,115,891 (20,000)BTC Smart Bitcoin ETF 4.61942 9,575,123 (40,000)DIV Smart NZ Dividend ETF 1.32200 70,282,211 250,000EMF Smart Emerging Markets ETF 1.87920 116,694,155 (30,000)EMG Smart Emerging Markets ESG ETF 3.26999 36,217,676 -ESG Smart Global ESG ETF 4.61013 69,505,216 70,000EUF Smart Europe ETF 2.78962 46,721,036 70,000EUG Smart Europe ESG ETF 4.32256 4,647,921 150,000FNZ Smart NZ Top 50 ETF 3.26199 197,240,182 (200,000)GBF Smart Global Bond ETF 3.15635 45,889,618 -GGB Smart Global Government Bond ETF 2.52383 1,240,554 -GLD Smart Gold ETF 3.71916 8,084,286 280,000GPR Smart Global Property ETF 2.72382 22,266,307 -INF Smart Global Infrastructure ETF 3.03355 21,322,059 -JPN Smart Japan ESG ETF 3.15229 3,949,840 -LIV Smart Healthcare Innovation ETF 3.30843 7,089,680 -MDZ Smart NZ Mid Cap ETF 6.38075 23,440,674 -MZY Smart Australian Mid Cap ETF 13.07595 22,832,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.26491 10,516,727 -NPF Smart NZ Property ETF 1.29076 84,761,748 (375,000)NZB Smart NZ Bond ETF 3.06003 18,934,077 (35,000)NZC Smart NZ Cash ETF 2.99287 59,638,712 (3,435,000)NZG Smart S&P/NZX 50 ETF 2.63206 77,951,142 -NZT Smart S&P/NZX 20 ETF 2.53317 2,281,742 -OZY Smart Australian Top 20 ETF 5.60582 34,956,267 -TNZ Smart NZ Top 10 ETF 1.99560 56,381,573 (250,000)TWF Smart Total World ETF 4.69995 50,954,208 50,000TWH Smart Total World (NZD Hedged) ETF 4.40004 107,849,889 150,000USA Smart US ESG ETF 5.48321 7,781,766 20,000USF Smart US 500 ETF 20.60709 47,681,994 45,000USG Smart US Large Growth ETF 15.57858 38,553,866 40,000USH Smart US 500 (NZD Hedged) ETF 3.76105 60,510,000 190,000USM Smart US Mid Cap ETF 9.72995 5,652,745 -USS Smart US Small Cap ETF 8.45807 4,908,711 -UST Smart US Technology (NZD Hedged) ETF 3.12616 7,129,091 40,000USV Smart US Large Value ETF 6.32543 8,568,176 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