The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix S&P 500 ETF
JSE code: SYG500
ISIN: ZAE000251377
(“SYG500”)

A portfolio in the Sygnia Itrix Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment Schemes
Control Act, 45 of 2002.

DISTRIBUTION FINALISATION ANNOUNCEMENT PERIOD ENDED 30 JUNE 2023 – SYG500

The Manager and Trustees of the Sygnia Itrix Collective Investment Scheme (being Sygnia Itrix (RF) (Pty) Limited and Standard
Bank of South Africa Limited), respectively, have declared a distribution to holders of SYG500 securities ("investors") recorded in the
register on Friday, 14 July 2023 in respect of the period ended 30 June 2023.

An aggregated amount of 49.01159 ZAR cents (R 0.49012) per SYG500 security is declared as follows:

 Alpha Code: SYG500                                 Dividend                 *Interest      *Interest        Total

 Distribution Source type                           Foreign Not SA listed    Foreign        Local
 Net Distribution Reinvested                        No                       No             No
 Source of Funds (Country Code)                     Table 1                  US             ZA
 Subject to Foreign Withholding tax                 Yes                      No             No
 Gross Foreign Rate (cents per unit)                66.29582                 0.20442
 Foreign Tax % withheld at source                   14.81081%
 Foreign Tax amount per unit                        9.81895
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost                          6.84304
 Interest Expense
 Other costs                                        0.89099
 Gross ZA Distribution (Cents per unit)             48.74284                 0.20442        0.06433          49.01159
 ***Applicable to non-exempt South African shareholders
 Gross Local Rate (cents per unit)                  48.74284                    0.20442     0.06433
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                     48.74284                    0.20442     0.06433          49.01159


Notice is hereby given that the following dates are of importance in regard to the distribution for the period ended 30 June 2023 by the ETF
to holders of SYG500 securities:

Last day to trade “cum” distribution:                Tuesday,     11   July   2023
Securities trade “ex” distribution:                  Wednesday,   12   July   2023
Record date:                                         Friday,      14   July   2023
Payment date:                                        Monday,      17   July   2023

The distribution will be paid on Monday, 17 July 2023 to all securities holders recorded in the register on Friday, 14 July 2023.

Table 1

                             ISO
 Country                                Split
                             Code
 United States of America    US          96.44%
 Ireland                     IE           2.15%
 Switzerland                 CH           0.47%
 Netherlands                 NL           0.65%
 Bermuda                     BM           0.16%
 Jersey                      JE           0.15%



***South African tax: No dividend withholding tax will be deducted from dividends payable to a South African tax resident qualifying for
exemption from dividend withholding tax provided that the investor has provided the following forms to their Central Securities Depository
Participant (“CDSP”) or broker, as the case may be in respect of its participatory interest:

   a) a declaration that the distribution is exempt from dividends tax; and

   b) a written undertaking to inform their CSDP or broker, as the case may be, should the circumstances affecting the exemption change or
      the beneficial owner cease to be the beneficial owner, both in the form prescribed by the South African Revenue Service. South African
      tax resident investors are advised to contact their CSDP, to arrange for the abovementioned documents to be submitted prior to payment
      of the distribution, if such documents have not already been submitted.
*Interest accruing from a South African source to a non-resident, excluding a controlled foreign company, will be subject to withholding tax
at a rate of 15% on payment, except interest,

   •   arising on any Government debt instrument.
   •   arising on any listed debt instrument.
   •   arising on any debt owed by a bank or the South African Reserve Bank.
   •   arising from a bill of exchange or letter of credit where goods are imported into South Africa and where an authorized dealer has
       certified such on the instrument.
   •   payable by a headquarter company.
   •   accruing to a non-resident natural person who was physically present in South Africa for a period
       exceeding 183 days in aggregate, during that year, or carried on a business through a permanent
       establishment in South Africa.


06 July 2023

Manager
Sygnia Itrix (RF) (Proprietary) Limited

Trustee
The Standard Bank of South Africa Limited

JSE Sponsor
Vunani Sponsors