Smart Gold ETF — Net Asset Value 2025

Nov 12, 2025

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

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Thursday, 13 November 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 12 November 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 1.22513 168,566,268 -APA Smart Asia Pacific ETF 3.20690 27,110,726 -ASD Smart Australian Dividend ETF 2.18837 21,804,541 -ASF Smart Australian Financials ETF 12.54724 5,140,468 -ASP Smart Australian Property ETF 1.69033 25,297,531 -ASR Smart Australian Resources ETF 7.27386 11,107,633 -AUE Smart Australian ESG ETF 3.43784 30,465,228 -AUS Smart Australian Top 200 ETF 4.03942 63,912,708 100,000BOT Smart Automation and Robotics ETF 6.52645 11,065,891 -BTC Smart Bitcoin ETF 3.98449 10,600,123 25,000DIV Smart NZ Dividend ETF 1.31817 71,907,211 -EMF Smart Emerging Markets ETF 1.93796 118,584,155 80,000EMG Smart Emerging Markets ESG ETF 3.40310 34,562,676 (40,000)ESG Smart Global ESG ETF 4.77179 69,755,216 -EUF Smart Europe ETF 2.89411 46,731,036 20,000EUG Smart Europe ESG ETF 4.46736 4,637,921 50,000FNZ Smart NZ Top 50 ETF 3.28297 195,440,182 -GBF Smart Global Bond ETF 3.17373 46,184,618 (20,000)GGB Smart Global Government Bond ETF 2.53377 1,200,554 -GLD Smart Gold ETF 3.92872 9,599,286 150,000GPR Smart Global Property ETF 2.78242 22,306,307 -INF Smart Global Infrastructure ETF 3.06001 21,552,059 -JPN Smart Japan ESG ETF 3.28263 4,229,840 40,000LIV Smart Healthcare Innovation ETF 3.42824 7,044,680 -MDZ Smart NZ Mid Cap ETF 6.33367 23,340,674 -MZY Smart Australian Mid Cap ETF 12.93555 23,282,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.27312 10,916,727 -NPF Smart NZ Property ETF 1.19417 86,261,748 750,000NZB Smart NZ Bond ETF 3.07017 19,934,077 250,000NZC Smart NZ Cash ETF 2.99856 7,968,712 75,000NZG Smart S&P/NZX 50 ETF 2.67169 78,151,142 -NZT Smart S&P/NZX 20 ETF 2.57233 2,281,742 -OZY Smart Australian Top 20 ETF 5.60296 34,881,267 -TNZ Smart NZ Top 10 ETF 2.04791 55,381,573 -TWF Smart Total World ETF 4.85844 52,399,208 (25,000)TWH Smart Total World (NZD Hedged) ETF 4.46301 111,024,889 415,000USA Smart US ESG ETF 5.65230 7,851,766 -USF Smart US 500 ETF 21.30621 47,761,994 (25,000)USG Smart US Large Growth ETF 16.10100 38,298,866 10,000USH Smart US 500 (NZD Hedged) ETF 3.81478 61,615,000 285,000USM Smart US Mid Cap ETF 9.85274 5,582,745 20,000USS Smart US Small Cap ETF 8.59068 4,883,711 30,000UST Smart US Technology (NZD Hedged) ETF 3.13827 8,399,091 20,000USV Smart US Large Value ETF 6.51208 8,293,176 ------ 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