Smart NZ Mid Cap ETF — Net Asset Value 2025

Jul 23, 2025

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

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Thursday, 24 July 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 July 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 1.21277 181,731,268 100,000APA Smart Asia Pacific ETF 2.69577 24,690,726 -ASD Smart Australian Dividend ETF 1.97188 20,804,541 -ASF Smart Australian Financials ETF 11.59581 4,365,468 25,000ASP Smart Australian Property ETF 1.49696 26,047,531 (125,000)ASR Smart Australian Resources ETF 6.02581 11,407,633 -AUE Smart Australian ESG ETF 3.21241 30,465,228 -AUS Smart Australian Top 200 ETF 3.76867 61,012,708 -BOT Smart Automation and Robotics ETF 5.79875 10,850,891 -BTC Smart Bitcoin ETF 4.39154 7,935,123 85,000DIV Smart NZ Dividend ETF 1.17339 69,032,211 -EMF Smart Emerging Markets ETF 1.67809 110,889,155 15,000EMG Smart Emerging Markets ESG ETF 2.91319 35,837,676 30,000ESG Smart Global ESG ETF 4.17655 62,300,216 (15,000)EUF Smart Europe ETF 2.61119 43,031,036 (245,000)EUG Smart Europe ESG ETF 4.00143 4,092,921 20,000FNZ Smart NZ Top 50 ETF 3.05985 200,340,182 -GBF Smart Global Bond ETF 3.15830 44,759,618 -GGB Smart Global Government Bond ETF 2.52072 252,332,200 -GLD Smart Gold ETF 3.10009 4,514,286 -GPR Smart Global Property ETF 2.73616 22,171,307 -INF Smart Global Infrastructure ETF 2.95595 21,087,059 (20,000)JPN Smart Japan ESG ETF 2.72708 3,584,840 20,000LIV Smart Healthcare Innovation ETF 2.90636 7,334,680 (45,000)MDZ Smart NZ Mid Cap ETF 5.72860 23,540,674 -MZY Smart Australian Mid Cap ETF 11.69977 21,332,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.22498 126,416,727 -NPF Smart NZ Property ETF 1.13114 89,261,748 -NZB Smart NZ Bond ETF 3.01401 149,949,077 (45,000)NZC Smart NZ Cash ETF 3.01852 118,593,712 (85,000)NZG Smart S&P/NZX 50 ETF 2.51028 284,451,142 -NZT Smart S&P/NZX 20 ETF 2.43567 2,181,742 -OZY Smart Australian Top 20 ETF 5.28147 34,881,267 -TNZ Smart NZ Top 10 ETF 1.95793 57,631,573 -TWF Smart Total World ETF 4.24711 47,504,208 180,000TWH Smart Total World (NZD Hedged) ETF 4.12334 98,764,889 210,000USA Smart US ESG ETF 4.91764 7,396,766 20,000USF Smart US 500 ETF 18.54485 46,116,994 20,000USG Smart US Large Growth ETF 13.79021 37,008,866 120,000USH Smart US 500 (NZD Hedged) ETF 3.53330 57,365,000 10,000USM Smart US Mid Cap ETF 9.11750 5,282,745 -USS Smart US Small Cap ETF 7.78139 4,953,711 25,000UST Smart US Technology (NZD Hedged) ETF 2.77871 4,734,091 40,000USV Smart US Large Value ETF 5.83173 8,583,176 (55,000)----- 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