Smart NZ Dividend ETF — Net Asset Value 2025

Sep 23, 2025

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

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Wednesday, 24 September 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 23 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 1.21491 173,966,268 50,000APA Smart Asia Pacific ETF 2.99653 25,970,726 110,000ASD Smart Australian Dividend ETF 2.13490 21,429,541 -ASF Smart Australian Financials ETF 12.32377 5,040,468 -ASP Smart Australian Property ETF 1.64174 25,297,531 -ASR Smart Australian Resources ETF 6.49607 10,957,633 -AUE Smart Australian ESG ETF 3.37319 30,465,228 -AUS Smart Australian Top 200 ETF 3.95341 61,912,708 -BOT Smart Automation and Robotics ETF 6.13013 11,115,891 -BTC Smart Bitcoin ETF 4.20158 9,435,123 20,000DIV Smart NZ Dividend ETF 1.25859 70,032,211 -EMF Smart Emerging Markets ETF 1.83104 114,859,155 265,000EMG Smart Emerging Markets ESG ETF 3.16634 36,152,676 -ESG Smart Global ESG ETF 4.48953 69,285,216 50,000EUF Smart Europe ETF 2.71837 45,981,036 -EUG Smart Europe ESG ETF 4.17920 4,417,921 50,000FNZ Smart NZ Top 50 ETF 3.14477 197,740,182 -GBF Smart Global Bond ETF 3.16537 45,674,618 30,000GGB Smart Global Government Bond ETF 2.52220 226,749,200 10,000GLD Smart Gold ETF 3.44834 6,154,286 80,000GPR Smart Global Property ETF 2.72862 22,241,307 -INF Smart Global Infrastructure ETF 2.94050 21,302,059 -JPN Smart Japan ESG ETF 3.08143 3,819,840 -LIV Smart Healthcare Innovation ETF 3.14974 7,114,680 -MDZ Smart NZ Mid Cap ETF 6.03405 23,540,674 -MZY Smart Australian Mid Cap ETF 12.67587 22,232,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.25607 10,516,727 -NPF Smart NZ Property ETF 1.20678 86,386,748 -NZB Smart NZ Bond ETF 3.05232 18,284,077 (5,000)NZC Smart NZ Cash ETF 2.98938 65,833,712 (255,000)NZG Smart S&P/NZX 50 ETF 2.56831 77,951,142 -NZT Smart S&P/NZX 20 ETF 2.48522 2,281,742 -OZY Smart Australian Top 20 ETF 5.46499 34,731,267 -TNZ Smart NZ Top 10 ETF 1.97979 56,631,573 -TWF Smart Total World ETF 4.59287 50,154,208 85,000TWH Smart Total World (NZD Hedged) ETF 4.36000 105,084,889 -USA Smart US ESG ETF 5.34701 7,621,766 -USF Smart US 500 ETF 20.10701 47,206,994 25,000USG Smart US Large Growth ETF 15.20995 38,103,866 30,000USH Smart US 500 (NZD Hedged) ETF 3.73920 59,755,000 15,000USM Smart US Mid Cap ETF 9.49401 5,622,745 -USS Smart US Small Cap ETF 8.35330 4,838,711 (20,000)UST Smart US Technology (NZD Hedged) ETF 3.03243 6,469,091 85,000USV Smart US Large Value ETF 6.17384 8,468,176 ------ 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