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

Release Date: 09/01/2025 09:00
Code(s): SYGWD     PDF:  
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Distribution Finalisation Announcement Period Ended 31 December 2024 - SYGWD

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

An aggregated amount of 23.21159 ZAR cents (R 0.23212) per SYGWD security is declared as follows:

 Alpha Code: SYGWD                                         Dividend      Tax Reclaim          *Interest     *Interest     Total

                                                           Foreign Not
 Distribution Source type                                  SA listed     Foreign              Foreign       Local
 Net Distribution Reinvested                               No            No                   No            No
 Source of Funds (Country Code)                            Table 1       Table 2              US            ZA
 Subject to Foreign Withholding tax                        Yes           No                   No            No
 Gross Foreign Rate (cents per unit)                       54.03171      1.15568              0.10417
 Foreign Tax % withheld at source                          14.61769%
 Foreign Tax amount per unit                               7.89819
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost                                 23.85982
 Interest Expense
 Other costs                                               0.46655
 Gross ZA Distribution (Cents per unit)                    21.80715      1.15568              0.10417       0.14459       23.21159

 ***Applicable to non-exempt South African shareholders

 Gross Local Rate (cents per unit)                         21.80715      1.15568               0.10417      0.14459
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                            21.80715      1.15568               0.10417      0.14459        23.21159
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 31 December 2024 by the
ETF to holders of SYGWD 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
 United States            US         56.16%
 Japan                    JP         10.26%
 United Kingdom           GB          8.87%
 Australia                AU          6.39%
 Canada                   CA          4.21%
 Netherlands              NL          1.79%
 France                   FR          1.59%
 Ireland                  IE          1.57%
 Italy                    IT          1.52%
 Spain                    ES          1.35%
 Singapore                SG          1.32%
 Hong Kong                HK          1.23%
 Switzerland              CH          0.57%
 Denmark                  DK          0.56%
 Bermuda                  BM          0.47%
 Jersey Channel Islands   JE          0.36%
 Sweden                   SE          0.35%
 Norway                   NO          0.33%
 Belgium                  BE          0.30%
 Finland                  FI          0.28%
 Israel                   IL          0.17%
 Cayman Islands           KY          0.15%
 New Zealand              NZ          0.10%
 Germany                  DE          0.03%
 Isle of Man              IM          0.02%
 Luxembourg               LU          0.02%
 Portugal                 PT          0.02%
 Austria                  AT          0.01%


Table 2

 Country                ISO Code   Split
 France                 FR         46.95%
 Ireland                IE         20.03%
 Canada                 CA         13.05%
 Sweden                 SE         11.18%
 Netherlands            NL          3.19%
 Spain                  ES          2.25%
 Norway                 NO          2.18%
 Denmark                DK          0.94%
 United Kingdom         GB          0.23%



***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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