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 2022 – 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, 15 July 2022 in respect of the period ended 30 June 2022. An aggregated amount of 39.43984 ZAR cents (R 0.39440) per SYG500 security is declared as follows: Alpha Code: SYG500 Dividend Tax Refund Total Distribution Source type Foreign Not SA listed Foreign Net Distribution Reinvested No No Source of Funds (Country Code) US US Subject to Foreign Withholding tax Yes No Gross Foreign Rate (cents per unit) 53.74792 1.05549 Foreign Tax % withheld at source 15.41144% Foreign Tax amount per unit 8.28333 DTA with Source Country 15.00% Foreign Tax Reclaim % Portfolio/Management Cost 6.19703 Interest Expense 0.01011 Other costs 0.87310 Gross ZA Distribution (Cents per unit) 38.38435 1.05549 39.43984 ***Applicable to non-exempt South African shareholders Gross Local Rate (cents per unit) 38.38435 1.05549 39.43984 SA Withholding Tax % SA Withholding Tax amount per unit Local Net Rate 38.38435 1.05549 39.43984 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 SYG500 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. ***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