Smart Total World (NZD Hedged) ETF — Net Asset Value 2025

Dec 14, 2025

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

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Monday, 15 December 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 12 December 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 1.21618 95,816,268 450,000APA Smart Asia Pacific ETF 3.10421 28,370,726 65,000ASD Smart Australian Dividend ETF 2.07541 22,304,541 -ASF Smart Australian Financials ETF 12.08155 5,240,468 -ASP Smart Australian Property ETF 1.61139 25,422,531 -ASR Smart Australian Resources ETF 7.54008 11,257,633 -AUE Smart Australian ESG ETF 3.38579 3,565,228 -AUS Smart Australian Top 200 ETF 3.93149 69,112,708 300,000BOT Smart Automation and Robotics ETF 6.36694 11,025,891 -BTC Smart Bitcoin ETF 3.45017 11,545,123 -DIV Smart NZ Dividend ETF 1.27630 73,032,211 -EMF Smart Emerging Markets ETF 1.83842 120,709,155 230,000EMG Smart Emerging Markets ESG ETF 3.27740 7,032,676 -ESG Smart Global ESG ETF 4.67419 68,050,216 -EUF Smart Europe ETF 2.83249 48,601,036 165,000EUG Smart Europe ESG ETF 4.39307 4,832,921 -FNZ Smart NZ Top 50 ETF 3.20512 193,040,182 -GBF Smart Global Bond ETF 3.15960 46,319,618 100,000GGB Smart Global Government Bond ETF 2.50756 1,395,554 50,000GLD Smart Gold ETF 3.94388 10,029,286 20,000GPR Smart Global Property ETF 2.65840 1,401,307 -INF Smart Global Infrastructure ETF 2.94160 1,312,059 -JPN Smart Japan ESG ETF 3.19377 4,349,840 -LIV Smart Healthcare Innovation ETF 3.49549 7,009,680 -MDZ Smart NZ Mid Cap ETF 6.23590 23,240,674 -MZY Smart Australian Mid Cap ETF 12.70961 23,582,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.22217 7,316,727 -NPF Smart NZ Property ETF 1.16250 87,761,748 -NZB Smart NZ Bond ETF 3.01626 20,514,077 300,000NZC Smart NZ Cash ETF 2.99281 8,263,712 20,000NZG Smart S&P/NZX 50 ETF 2.59367 78,551,142 -NZT Smart S&P/NZX 20 ETF 2.48936 2,581,742 100,000OZY Smart Australian Top 20 ETF 5.46802 35,031,267 -TNZ Smart NZ Top 10 ETF 1.97691 54,631,573 -TWF Smart Total World ETF 4.73902 54,194,208 130,000TWH Smart Total World (NZD Hedged) ETF 4.46623 117,664,889 415,000USA Smart US ESG ETF 5.52744 7,786,766 -USF Smart US 500 ETF 20.79674 48,316,994 95,000USG Smart US Large Growth ETF 15.55202 38,083,866 (15,000)USH Smart US 500 (NZD Hedged) ETF 3.82551 64,415,000 110,000USM Smart US Mid Cap ETF 9.69013 5,457,745 -USS Smart US Small Cap ETF 8.64929 4,833,711 (15,000)UST Smart US Technology (NZD Hedged) ETF 3.10676 10,539,091 -USV Smart US Large Value ETF 6.43272 8,278,176 (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