Smart NZ Property ETF — Net Asset Value 2025

May 1, 2025

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Thursday, 1 May 2025

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

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 April 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 1.20734 176,651,268 -APA Smart Asia Pacific ETF 2.53803 23,510,726 -ASD Smart Australian Dividend ETF 1.84243 20,429,541 -ASF Smart Australian Financials ETF 10.74234 3,740,468 -ASP Smart Australian Property ETF 1.41736 26,047,531 -ASR Smart Australian Resources ETF 5.43575 11,032,633 (75,000)AUE Smart Australian ESG ETF 2.93495 30,465,228 -AUS Smart Australian Top 200 ETF 3.47875 64,212,708 -BOT Smart Automation and Robotics ETF 5.01790 10,975,891 -BTC Smart Bitcoin ETF 3.55798 6,900,123 -DIV Smart NZ Dividend ETF 1.05780 69,782,211 -EMF Smart Emerging Markets ETF 1.51987 108,369,155 75,000EMG Smart Emerging Markets ESG ETF 2.57852 36,457,676 -ESG Smart Global ESG ETF 3.70371 64,380,216 -EUF Smart Europe ETF 2.46113 39,606,036 50,000EUG Smart Europe ESG ETF 3.77086 3,697,921 20,000FNZ Smart NZ Top 50 ETF 2.86102 203,940,182 -GBF Smart Global Bond ETF 3.16000 50,569,618 -GGB Smart Global Government Bond ETF 2.53916 229,207,200 -GLD Smart Gold ETF 3.04191 3,654,286 240,000GPR Smart Global Property ETF 2.64432 22,166,307 -INF Smart Global Infrastructure ETF 2.90400 21,012,059 -JPN Smart Japan ESG ETF 2.69380 3,464,840 -LIV Smart Healthcare Innovation ETF 2.81952 7,534,680 -MDZ Smart NZ Mid Cap ETF 5.28968 24,240,674 -MZY Smart Australian Mid Cap ETF 10.36115 19,682,274 75,000NGB Smart S&P/NZX NZ Government Bond ETF 2.22926 125,016,727 (200,000)NPF Smart NZ Property ETF 0.99410 104,886,748 -NZB Smart NZ Bond ETF 3.01948 146,369,077 (155,000)NZC Smart NZ Cash ETF 3.03387 201,143,712 20,000NZG Smart S&P/NZX 50 ETF 2.36406 271,451,142 -NZT Smart S&P/NZX 20 ETF 2.30150 2,081,742 -OZY Smart Australian Top 20 ETF 4.93688 34,281,267 -TNZ Smart NZ Top 10 ETF 1.86006 58,131,573 -TWF Smart Total World ETF 3.84914 45,634,208 115,000TWH Smart Total World (NZD Hedged) ETF 3.72019 90,249,889 125,000USA Smart US ESG ETF 4.32386 7,346,766 -USF Smart US 500 ETF 16.57789 44,776,994 105,000USG Smart US Large Growth ETF 11.82398 36,333,866 60,000USH Smart US 500 (NZD Hedged) ETF 3.14307 56,140,000 55,000USM Smart US Mid Cap ETF 8.28431 5,472,745 30,000USS Smart US Small Cap ETF 6.99202 5,263,711 (5,000)UST Smart US Technology (NZD Hedged) ETF 2.26728 3,924,091 20,000USV Smart US Large Value ETF 5.50377 8,488,176 ------ 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