Finalisation Announcement in respect of the amalgamation of the DIVTRAX ETF with the 10X TOP50 ETF 10X Fund Managers (RF) Proprietary Limited 10X DivTrax ETF Share code: DIVTRX ISIN: ZAE000190104 10X Top50 ETF Share code: CTOP50 ISIN: ZAE000204327 Portfolios in the 10X Exchange Traded Fund Scheme registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 ("CISCA"), managed by 10X Fund Managers (RF) Proprietary Limited ("10X"). FINALISATION ANNOUNCEMENT IN RESPECT OF THE AMALGAMATION OF THE 10X DIVTRAX ETF WITH THE 10X TOP50 ETF This announcement is important and requires the immediate attention of investors in the 10X S&P SA Dividend Aristocrats Exchange Traded Fund ("10X DivTrax ETF") and the 10X S&P SA Top50 Exchange Traded Fund ("10X Top50 ETF") portfolios Investors are referred to the announcement released on SENS on 20 May 2024 and are advised the that the majority of the investors who responded to the ballot voted in favour and that the Amalgamation were successful. A special interim distribution on both portfolios will take place due to the Amalgamation. The special interim distribution timetables will be announced separately as per the salient dates detailed below. 1. Finalisation of Amalgamation The Amalgamation will take effect from commencement of business on Wednesday, 17 July 2024. Copies of the existing 10X Top50 ETF Pricing Supplement, in English, may be obtained during normal business hours from the office of the local manager, 10X Fund Managers (RF) Proprietary Limited, located at 14th Floor, The Terraces, 34 Bree Street, Cape Town, 8001 and is available on the website: www.10x.co.za. Salient dates in respect of the Amalgamation are set out below: Timeline for the implementation of the Amalgamation 2024 Special and interim distribution announcements released on SENS Thursday, 11 July Last Day to Trade in the 10X DivTrax ETF for the amalgamation and Tuesday, 16 July distributions Suspension of trading on the JSE of 10X DivTrax ETF (Share Code: Wednesday, 17 July DIVTRX; ISIN: ZAE000190104) Commencement of trading on the JSE in the 10X Top50 ETF (Share Wednesday, 17 July Code: CTOP50; ISIN: ZAE000204327) Fractional ratio announcement by 11:00 Thursday, 18 July Record Date Friday, 19 July Accounts of dematerialised securities holders updated at their CSDPs or Monday, 22 July brokers Termination of trading of the 10X DivTrax ETF on JSE Tuesday, 23 July The trading history of 10X Top50 ETF as the Targeted Portfolio will be retained. NOTICE AND RESTRICTIONS The securities being issued pursuant to this announcement are not eligible for sale in the United States or in any other jurisdiction in which trading in the securities would be illegal. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, and the U.S. Commodity Futures Trading Commission under the U.S. Commodity Exchange Act has not approved trading in the securities. The securities may not be offered, sold, or delivered within the United States or to U.S. persons, nor may any U.S. person at any time trade or maintain a position in the securities. Should you require any further assistance please send an email to info@10x.co.za . 09 July 2024 Corporate advisor and sponsor: Grindrod Bank Limited Trustee: FirstRand Bank Limited Date: 09-07-2024 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.