Smart Gold ETF — Net Asset Value 2025

Oct 7, 2025

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

==> picture [92 x 25] intentionally omitted <==

Wednesday, 8 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 7 October 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 1.21557 166,681,268 -APA Smart Asia Pacific ETF 3.06575 26,415,726 75,000ASD Smart Australian Dividend ETF 2.14794 21,804,541 -ASF Smart Australian Financials ETF 12.55544 5,040,468 25,000ASP Smart Australian Property ETF 1.65336 25,422,531 -ASR Smart Australian Resources ETF 6.87818 10,957,633 75,000AUE Smart Australian ESG ETF 3.44074 30,465,228 -AUS Smart Australian Top 200 ETF 4.03422 62,212,708 100,000BOT Smart Automation and Robotics ETF 6.42717 11,135,891 -BTC Smart Bitcoin ETF 4.72036 9,555,123 20,000DIV Smart NZ Dividend ETF 1.31277 70,032,211 -EMF Smart Emerging Markets ETF 1.86759 116,514,155 245,000EMG Smart Emerging Markets ESG ETF 3.24464 36,307,676 -ESG Smart Global ESG ETF 4.57542 69,485,216 100,000EUF Smart Europe ETF 2.78299 46,471,036 50,000EUG Smart Europe ESG ETF 4.31062 4,497,921 25,000FNZ Smart NZ Top 50 ETF 3.25868 197,440,182 (100,000)GBF Smart Global Bond ETF 3.16021 45,884,618 -GGB Smart Global Government Bond ETF 2.52212 1,210,554 (25,000)GLD Smart Gold ETF 3.65464 7,464,286 190,000GPR Smart Global Property ETF 2.74694 22,266,307 -INF Smart Global Infrastructure ETF 3.03684 21,352,059 -JPN Smart Japan ESG ETF 3.18685 3,924,840 5,000LIV Smart Healthcare Innovation ETF 3.29067 7,089,680 -MDZ Smart NZ Mid Cap ETF 6.34894 23,440,674 -MZY Smart Australian Mid Cap ETF 12.96723 22,757,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.25754 10,516,727 -NPF Smart NZ Property ETF 1.27787 85,136,748 -NZB Smart NZ Bond ETF 3.05580 18,679,077 (35,000)NZC Smart NZ Cash ETF 2.99210 63,233,712 115,000NZG Smart S&P/NZX 50 ETF 2.64458 77,951,142 -NZT Smart S&P/NZX 20 ETF 2.54835 2,281,742 -OZY Smart Australian Top 20 ETF 5.57710 34,806,267 -TNZ Smart NZ Top 10 ETF 2.01570 56,631,573 -TWF Smart Total World ETF 4.65900 50,544,208 45,000TWH Smart Total World (NZD Hedged) ETF 4.41234 107,474,889 200,000USA Smart US ESG ETF 5.41195 7,761,766 -USF Smart US 500 ETF 20.31445 47,536,994 65,000USG Smart US Large Growth ETF 15.30265 38,493,866 100,000USH Smart US 500 (NZD Hedged) ETF 3.76204 60,645,000 100,000USM Smart US Mid Cap ETF 9.66662 5,632,745 -USS Smart US Small Cap ETF 8.41545 4,888,711 (25,000)UST Smart US Technology (NZD Hedged) ETF 3.10733 7,009,091 120,000USV Smart US Large Value ETF 6.27552 8,543,176 ------ 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