ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED - Listing of Allan Gray -Orbis Global Balanced Feeder AMETF

Listing of Allan Gray -Orbis Global Balanced Feeder AMETF

Allan Gray Unit Trust Management (RF) (Pty) Ltd ("the Manager")
(Registration number 1998/007756/07)
Allan Gray ETF Scheme

Allan Gray – Orbis Global Balanced Feeder AMETF
Share code: AGOGB
Long Name: AOB Actively Managed ETF
Short name: AOB AMETF
ISIN: ZAE000343497


Listing of Allan Gray - Orbis Global Balanced Feeder AMETF (being a portfolio under the Allan Gray
ETF Scheme, registered in South Africa under the Collective Investment Schemes Control Act, 45 of
2002)

    1. Introduction
This announcement is issued for information purposes, following the JSE approving the listing of
participatory interests in the Allan Gray – Orbis Global Balanced Feeder AMETF.

The information set out below has been extracted from the Allan Gray ETF Programme Memorandum
issued by the Manager on 4 December 2025 and the Supplement relating to the Allan Gray - Orbis
Global Balanced Feeder AMETF issued on 4 December 2025 and uses the terms and definitions these
documents contain, unless otherwise specified. The Allan Gray ETF Programme Memorandum and the
Supplement are available on the Manager's website www.allangray.co.za/allan-gray-ametf-literature/.



    2. Summary of the listing

Allan Gray is pleased to advise that it will now offer an ETF version of its unlisted Allan Gray - Orbis
Global Balanced Feeder Fund. The ETF will have the same underlying investments and economic
exposure and a similar cost structure to the unlisted feeder fund, with differences in regulatory setup,
given the AMETF is listed on the JSE.

The objective of the Allan Gray - Orbis Global Balanced Feeder AMETF is to create long-term wealth
for investors and to outperform its designated combined equity and bond performance benchmark,
which comprises 60% of the MSCI World Index with net dividends reinvested and 40% the J.P. Morgan
Global Government Bond Index.

The portfolio is a feeder fund which invest only in the Orbis SICAV Global Balanced Fund (apart from
assets in liquid form), managed by Allan Gray's offshore investment partner, Orbis Investment
Management Limited.

The JSE has approved the listing of 5 000 000 securities in the portfolio, by way of introduction, at an
issue price of R10.00 (1 000 cents) in the "Actively Managed Exchange Traded Funds" sub-sector of
the Main Board of the JSE, with effect from commencement of business on 11 December 2025.



    3. Salient dates and times

 Publication of the listing announcement on SENS and distribution of Supplement   Friday, 05 December 2025

 Listing Date at 09:00                                                            Thursday, 11 December 2025


5 December 2025
Listing Advisor
Prescient Capital Markets (Pty) Ltd
Designated Person: Ben Meyer

Date: 05-12-2025 03:30:00
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