Smart NZ Mid Cap 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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Tuesday, 23 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 22 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 1.21483 173,916,268 -APA Smart Asia Pacific ETF 2.97738 25,860,726 -ASD Smart Australian Dividend ETF 2.13056 21,429,541 -ASF Smart Australian Financials ETF 12.25936 5,040,468 -ASP Smart Australian Property ETF 1.64578 25,297,531 125,000ASR Smart Australian Resources ETF 6.45202 10,957,633 -AUE Smart Australian ESG ETF 3.36373 30,465,228 -AUS Smart Australian Top 200 ETF 3.94161 61,912,708 -BOT Smart Automation and Robotics ETF 6.07550 11,115,891 -BTC Smart Bitcoin ETF 4.31452 9,415,123 -DIV Smart NZ Dividend ETF 1.25354 70,032,211 -EMF Smart Emerging Markets ETF 1.82573 114,594,155 75,000EMG Smart Emerging Markets ESG ETF 3.16097 36,152,676 -ESG Smart Global ESG ETF 4.46175 69,235,216 -EUF Smart Europe ETF 2.70672 45,981,036 50,000EUG Smart Europe ESG ETF 4.18048 4,367,921 -FNZ Smart NZ Top 50 ETF 3.14238 197,740,182 (100,000)GBF Smart Global Bond ETF 3.16577 45,644,618 (60,000)GGB Smart Global Government Bond ETF - - -GLD Smart Gold ETF 3.38984 6,074,286 40,000GPR Smart Global Property ETF 2.73092 22,241,307 -INF Smart Global Infrastructure ETF 2.93442 21,302,059 25,000JPN Smart Japan ESG ETF 3.07031 3,819,840 -LIV Smart Healthcare Innovation ETF 3.13014 7,114,680 -MDZ Smart NZ Mid Cap ETF 6.03714 23,540,674 -MZY Smart Australian Mid Cap ETF 12.58382 22,232,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.25446 10,516,727 -NPF Smart NZ Property ETF 1.20406 86,386,748 -NZB Smart NZ Bond ETF 3.05093 18,289,077 -NZC Smart NZ Cash ETF 2.98919 66,088,712 (19,390,000)NZG Smart S&P/NZX 50 ETF 2.56929 77,951,142 -NZT Smart S&P/NZX 20 ETF 2.48520 2,281,742 -OZY Smart Australian Top 20 ETF 5.44820 34,731,267 -TNZ Smart NZ Top 10 ETF 1.98045 56,631,573 (250,000)TWF Smart Total World ETF 4.57364 50,069,208 55,000TWH Smart Total World (NZD Hedged) ETF 4.34293 105,084,889 125,000USA Smart US ESG ETF 5.30931 7,621,766 -USF Smart US 500 ETF 20.00705 47,181,994 30,000USG Smart US Large Growth ETF 15.09313 38,073,866 35,000USH Smart US 500 (NZD Hedged) ETF 3.72122 59,740,000 (45,000)USM Smart US Mid Cap ETF 9.47108 5,622,745 (15,000)USS Smart US Small Cap ETF 8.34616 4,858,711 50,000UST Smart US Technology (NZD Hedged) ETF 2.98676 6,384,091 20,000USV Smart US Large Value ETF 6.16876 8,468,176 20,000----- 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