The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix MSCI World Index ETF
JSE code: SYGWD
ISIN: ZAE000249553
(“SYGWD”)

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 2022 - SYGWD

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 SYGWD securities ("investors") recorded in the
register on Friday, 15 July 2022 in respect of the period ended 30 June 2022.

An aggregated amount of 26.69703 ZAR cents (R 0.26697) per SYGWD security is declared as follows:

 Alpha Code: SYGWD                                         Dividend          Tax Refund             *Interest      Total
                                                           Foreign Not
 Distribution Source type                                  SA listed         Foreign SA listed      Local
 Net Distribution Reinvested                               No                No                     No
 Source of Funds (Country Code)                            Table 1           Various                ZA
 Subject to Foreign Withholding tax                        Yes               No                     No
 Gross Foreign Rate (cents per unit)                              51.72199                0.78414
 Foreign Tax % withheld at source                                17.35902%
 Foreign Tax amount per unit                                       8.97843
 DTA with Source Country                                   Table 1
 Foreign Tax Reclaim %
 Portfolio/Management Cost                                        16.28486
 Interest Expense                                                  0.00954
 Other costs                                                       0.56286
 Gross ZA Distribution (Cents per unit)                           25.88630                0.78414        0.02659     26.69703


 ***Applicable to non-exempt South African shareholders
 Gross Local Rate (cents per unit)                               25.88630                 0.78414        0.02659
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                                  25.88630                 0.78414        0.02659     26.69703
This amount will be adjusted upwards for larger investors who are liable for less than 0.60% management fee.
Notice is hereby given that the following dates are of importance in regard to the distribution for the period ended 30 June 2022 by the ETF
to holders of SYGWD securities:

Last day to trade “cum” distribution:                   Tuesday,     12   July   2022
Securities trade “ex” distribution:                     Wednesday,   13   July   2022
Record date:                                            Friday,      15   July   2022
Payment date:                                           Monday,      18   July   2022

The distribution will be paid on Monday, 18 July 2022 to all securities holders recorded in the register on Friday, 15 July 2022.

Table 1

 Country              ISO Code     Split         DTA Rate
 UNITED STATES        US                48.05%       15.00%
 UNITED KINGDOM       GB                9.39%        10.00%
 JAPAN                JP                5.71%        15.00%
 FRANCE               FR                7.60%        15.00%
 GERMANY              DE                6.35%        15.00%
 SWITZERLAND          CH                4.83%        15.00%
 CANADA               CA                3.93%        15.00%
 AUSTRALIA            AU                4.20%        15.00%
 SWEDEN               SE                1.89%        15.00%
 CHINA                CN                1.40%         5.00%
 NETHERLANDS          NL                1.73%        10.00%
 SINGAPORE            SG                0.85%        10.00%
 KINGDOM OF DENMARK   DK                0.99%        15.00%
 FINLAND              FI                0.72%        15.00%
 NORWAY               NO                0.44%           15%
 BELGIUM              BE                0.56%        15.00%
 SPAIN                ES                0.76%        15.00%
 IRELAND              IE                0.17%        10.00%
 PORTUGAL             PT                0.12%        15.00%
 AUSTRIA              AT                0.15%        15.00%
 NEW ZEALAND          NZ                0.05%        15.00%
 LUXEMBOURG              LU               0.00%     15.00%
 ISRAEL                  IL               0.11%     20.00%



***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.

07 July 2022

Manager
Sygnia Itrix (RF) (Proprietary) Limited

Trustee
The Standard Bank of South Africa Limited

JSE Sponsor
Vunani