SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement Period 31 December 2023 - SYGCN

Distribution Finalisation Announcement Period 31 December 2023 - SYGCN

The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix New China Sectors ETF
JSE code: SYGCN
ISIN: ZAE000309159
("SYGCN")

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 2023 - SYGCN

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 SYGCN securities ("investors") recorded in the
register on Friday, 12 January 2024 in respect of the period ended 31 December 2023.

An aggregated amount of 19.15249 ZAR cents (R 0.19153) per SYGCN security is declared as follows:

 Alpha Code: SYGCN                                         Dividend            *Interest            *Interest            Total

                                                           Foreign Not SA      Foreign              Local
 Distribution Source type                                  listed
 Net Distribution Reinvested                               No                  No                   No
 Source of Funds (Country Code)                            Table 1             United States        South Africa
 Subject to Foreign Withholding tax                        Yes                 No                   No
 Gross Foreign Rate (cents per unit)                       26.01725            0.04030
 Foreign Tax % withheld at source                          8.53657%
 Foreign Tax amount per unit                               2.22098
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost                                 4.43645
 Interest Expense
 Other costs                                               0.30786
 Gross ZA Distribution (Cents per unit)                    19.05196            0.04030              0.06023              19.15249
 ***Applicable to non-exempt South African shareholders
 Gross Local Rate (cents per unit)                          19.05196               0.04030          0.06023
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                             19.05196               0.04030          0.06023               19.15249

Notice is hereby given that the following dates are of importance in regard to the distribution for the period ended 31 December 2023 by the
ETF to holders of SYGCN securities:

Last day to trade "cum" distribution:                  Tuesday,     09   January   2024
Securities trade "ex" distribution:                    Wednesday,   10   January   2024
Record date:                                           Friday,      12   January   2024
Payment date:                                          Monday,      15   January   2024

The distribution will be paid on Monday, 15 January 2024 to all securities holders recorded in the register on Friday, 12 January 2024.

Table 1

 Country                   ISO Code                Split
 Hong Kong                 HK                                          5.72%
 Cayman Islands            KY                                          10.31%
 China                     CN                                          83.88%
 United States             US                                          0.09%



***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.

04 January 2024

Manager
Sygnia Itrix (RF) (Proprietary) Limited

Trustee
The Standard Bank of South Africa Limited

JSE Sponsor
Vunani Sponsors

Date: 04-01-2024 12:20:00
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