SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement Period Ended 31 December 2024 SYGEMF

Distribution Finalisation Announcement Period Ended 31 December 2024 – SYGEMF

The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix MSCI EMERGING MARKETS 50 ETF
JSE code: SYGEMF
ISIN: ZAE000297792
("SYGEMF")

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 31 DECEMBER 2024

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 SYGEMF securities ("investors") recorded in the
register on Friday, 17 January 2025 in respect of the period ended 31 December 2024.

An aggregated amount of 20.91720 ZAR cents (R 0.20917) per SYGEMF security is declared as follows:


 Alpha Code: SYGEMF                              Dividend         Dividend                *Interest          *Interest          Total
 Distribution Source type                        Local            Foreign Not SA listed   Foreign            Local
 Net Distribution Reinvested                     No               No                      No                 No
 Source of Funds (Country Code)                  ZA               Table 1                 US                 ZA
 Subject to Foreign Withholding tax              No               Yes                     No                 No
 Gross Foreign Rate (cents per unit)                              29.90815                0.13428
 Foreign Tax % withheld at source                                 12.88535%
 Foreign Tax amount per unit                                      3.85377
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost                                        4.92623
 Interest Expense
 Other costs                                                      0.87983
 Gross ZA Distribution (Cents per unit)          0.45913          20.24832                0.13428            0.07547            20.91720
 ***Applicable to non-exempt South African shareholders
 Gross Local Rate (cents per unit)               0.45913          20.24832                0.13428            0.07547            20.91720
 SA Withholding Tax %                            20.00000%
 SA Withholding Tax amount per unit              0.09183
 Local Net Rate                                  0.36730          20.24832                0.13428            0.07547            20.82537

Notice is hereby given that the following dates are of importance in regard to the distribution for the period ended 31 December 2024 by the
ETF to holders of SYGEMF securities:

Last day to trade "cum" distribution:                Tuesday,     14   January   2025
Securities trade "ex" distribution:                  Wednesday,   15   January   2025
Record date:                                         Friday,      17   January   2025
Payment date:                                        Monday,      20   January   2025

The distribution will be paid on Monday, 20 January 2025 to all securities holders recorded in the register on Friday, 17 January 2025.

Table 1

 Country          ISO Code   Split
 China            CN         36.96%
 Taiwan           TW         20.51%
 United States    US         18.69%
 Cayman Islands   KY          8.56%
 Saudi Arabia     SA          8.25%
 South Korea      KR          7.03%



***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.

09 January 2025

Manager
Sygnia Itrix (RF) (Proprietary) Limited

Trustee
The Standard Bank of South Africa Limited

JSE Sponsor
Vunani Sponsors

Date: 09-01-2025 09:00:00
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