Smart US ESG ETF — Net Asset Value 2026

Jan 25, 2026

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Monday, 26 January 2026

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 23 January 2026.

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----- Start of picture text ----- NZX Code Fund Name NTA Units on Issue Change in UnitsAGG Smart Global Aggregate Bond ETF 1.21612 96,966,268 150,000APA Smart Asia Pacific ETF 3.29664 30,060,726 150,000ASD Smart Australian Dividend ETF 2.09896 22,804,541 -ASF Smart Australian Financials ETF 12.10209 5,340,468 (25,000)ASP Smart Australian Property ETF 1.61078 26,172,531 -ASR Smart Australian Resources ETF 8.30220 12,157,633 225,000AUE Smart Australian ESG ETF 3.46510 3,165,228 -AUS Smart Australian Top 200 ETF 4.04895 74,412,708 300,000BOT Smart Automation and Robotics ETF 6.56363 11,165,891 -BTC Smart Bitcoin ETF 3.30788 12,100,123 (5,000)DIV Smart NZ Dividend ETF 1.28162 76,657,211 -EMF Smart Emerging Markets ETF 1.91833 124,339,155 150,000EMG Smart Emerging Markets ESG ETF 3.51248 7,312,676 65,000ESG Smart Global ESG ETF 4.68902 69,965,216 -EUF Smart Europe ETF 2.92244 51,181,036 220,000EUG Smart Europe ESG ETF 4.53140 5,137,921 30,000FNZ Smart NZ Top 50 ETF 3.20631 193,140,182 -GBF Smart Global Bond ETF 3.16276 46,424,618 100,000GGB Smart Global Government Bond ETF 2.50192 1,345,554 -GLD Smart Gold ETF 4.46820 12,084,286 100,000GPR Smart Global Property ETF 2.71358 1,326,307 -INF Smart Global Infrastructure ETF 2.99524 1,347,059 -JPN Smart Japan ESG ETF 3.29906 4,689,840 -LIV Smart Healthcare Innovation ETF 3.65077 6,959,680 -MDZ Smart NZ Mid Cap ETF 6.23495 23,340,674 -MZY Smart Australian Mid Cap ETF 13.31142 23,807,274 -NGB Smart S&P/NZX NZ Government Bond ETF 2.19079 6,716,727 -NPF Smart NZ Property ETF 1.13351 90,011,748 -NZB Smart NZ Bond ETF 3.02892 20,414,077 120,000NZC Smart NZ Cash ETF 2.99880 9,263,712 110,000NZG Smart S&P/NZX 50 ETF 2.60124 79,751,142 -NZT Smart S&P/NZX 20 ETF 2.49157 2,581,742 -OZY Smart Australian Top 20 ETF 5.55099 35,331,267 -TNZ Smart NZ Top 10 ETF 1.98459 54,131,573 -TWF Smart Total World ETF 4.78625 56,469,208 -TWH Smart Total World (NZD Hedged) ETF 4.56557 121,489,889 450,000USA Smart US ESG ETF 5.47111 7,731,766 (20,000)USF Smart US 500 ETF 20.55378 48,996,994 85,000USG Smart US Large Growth ETF 14.96986 37,723,866 (50,000)USH Smart US 500 (NZD Hedged) ETF 3.82213 65,100,000 (30,000)USM Smart US Mid Cap ETF 9.67985 5,332,745 -USS Smart US Small Cap ETF 8.92230 4,943,711 -UST Smart US Technology (NZD Hedged) ETF 3.02112 11,054,091 40,000USV Smart US Large Value ETF 6.55876 8,403,176 ------ 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