Smart NZ Bond ETF — Net Asset Value 2025

Sep 30, 2025

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

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Wednesday, 1 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 30 September 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 1.21567 166,531,268 -APA Smart Asia Pacific ETF 3.00980 26,240,726 100,000ASD Smart Australian Dividend ETF 2.14386 21,554,541 -ASF Smart Australian Financials ETF 12.41035 5,040,468 -ASP Smart Australian Property ETF 1.64410 25,547,531 -ASR Smart Australian Resources ETF 6.78926 10,957,633 -AUE Smart Australian ESG ETF 3.40886 30,465,228 -AUS Smart Australian Top 200 ETF 3.99754 62,212,708 (100,000)BOT Smart Automation and Robotics ETF 6.14915 11,185,891 50,000BTC Smart Bitcoin ETF 4.34287 9,575,123 60,000DIV Smart NZ Dividend ETF 1.28880 70,032,211 -EMF Smart Emerging Markets ETF 1.84969 115,669,155 510,000EMG Smart Emerging Markets ESG ETF 3.20827 36,252,676 -ESG Smart Global ESG ETF 4.51205 69,285,216 -EUF Smart Europe ETF 2.74400 46,351,036 50,000EUG Smart Europe ESG ETF 4.23368 4,442,921 -FNZ Smart NZ Top 50 ETF 3.20040 197,840,182 200,000GBF Smart Global Bond ETF 3.16561 45,954,618 280,000GGB Smart Global Government Bond ETF 2.52595 1,135,554 -GLD Smart Gold ETF 3.56743 6,514,286 100,000GPR Smart Global Property ETF 2.74244 22,241,307 -INF Smart Global Infrastructure ETF 2.99417 21,302,059 -JPN Smart Japan ESG ETF 3.10014 3,869,840 25,000LIV Smart Healthcare Innovation ETF 3.12252 7,114,680 40,000MDZ Smart NZ Mid Cap ETF 6.18261 23,440,674 (100,000)MZY Smart Australian Mid Cap ETF 12.76273 22,607,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.26060 10,516,727 -NPF Smart NZ Property ETF 1.22730 86,011,748 -NZB Smart NZ Bond ETF 3.05592 18,684,077 325,000NZC Smart NZ Cash ETF 2.99070 65,893,712 550,000NZG Smart S&P/NZX 50 ETF 2.59855 77,951,142 -NZT Smart S&P/NZX 20 ETF 2.51052 2,281,742 -OZY Smart Australian Top 20 ETF 5.54673 34,806,267 -TNZ Smart NZ Top 10 ETF 1.98979 56,631,573 -TWF Smart Total World ETF 4.62907 50,479,208 250,000TWH Smart Total World (NZD Hedged) ETF 4.34483 106,314,889 200,000USA Smart US ESG ETF 5.39749 7,651,766 30,000USF Smart US 500 ETF 20.26580 47,346,994 50,000USG Smart US Large Growth ETF 15.22640 38,313,866 95,000USH Smart US 500 (NZD Hedged) ETF 3.72096 60,080,000 215,000USM Smart US Mid Cap ETF 9.68092 5,622,745 -USS Smart US Small Cap ETF 8.36210 4,888,711 -UST Smart US Technology (NZD Hedged) ETF 3.04096 6,829,091 80,000USV Smart US Large Value ETF 6.28199 8,568,176 85,000----- 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