SATRIX COLLECTIVE INVESTMENT SCHEME - Distribution Finalisation Announcement Quarter End 30 June 2023 - STXNAM

Distribution Finalisation Announcement Quarter End 30 June 2023 - STXNAM

SATRIX COLLECTIVE INVESTMENT SCHEME 2
SATRIX S&P NAMIBIA BOND ETF
JSE code: STXNAM
NSX code: SXNNAM
ISIN code: ZAE000318275
("SATRIXNAM")

A portfolio in the Satrix Collective Investment Scheme in Securities, registered as such in terms of the Collective Investment
Schemes Control Act, 45 of 2002.

DISTRIBUTION FINALISATION ANNOUNCEMENT QUARTER END 30 JUNE 2023

The Manager and Trustees of the Satrix Collective Investment Scheme (being Satrix Managers (RF) (Pty) Limited and
Standard Chartered Bank), respectively, have declared a distribution to holders of SATRIXNAM securities ('investors')
recorded in the register on Friday, 28 July 2023 in respect of the quarter ended 30 June 2023.


An aggregate amount of 43.32000 cents (R0.43320) per SATRIXNAM security is declared as follows:


Alpha Code: STXNAM                           *Interest            Total


Distribution Source type                      Local
Net Distribution Reinvested                   Yes
Source of Funds (Country Code)                ZA
Subject to Foreign Withholding tax            No
Gross Foreign Rate (cents per unit)
Foreign Tax % withheld at source
Foreign Tax amount per unit
DTA with Source Country
Foreign Tax Reclaim %
Portfolio/Management Cost
Interest Expense
Other costs
Gross ZA Distribution (Cents per unit)        43.32000              43.32000
  ***Applicable to non-exempt South African shareholders
Gross Local Rate (cents per unit)             43.32000
SA Withholding Tax %
SA Withholding Tax amount per unit
Local Net Rate                                43.32000              43.32000

Notice is hereby given that the following dates are of importance in regard to the distribution for the quarter ended 30
June 2023 by the ETF to holders of SATRIXNAM securities:


Last day to trade “cum” distribution:             Tuesday, 25 July 2023

Securities trade “ex” distribution:               Wednesday, 26 July 2023

Record date:                                      Friday, 28 July 2023

Payment date:                                     Monday, 31 July 2023


The distribution will be paid on Monday, 31 July 2023 to all securities holders recorded in the register on Friday, 28 July
2023.
In accordance with the investment policy of SATRIXNAM the distribution (excluding the dividends tax as detailed above)
will be re-invested on behalf of investors through the purchase of securities comprising the S&P Namibia Sovereign Bond
1+ Year Top 10 Index in accordance with the calculation methodology of the total return version of this Index, thereby
increasing the net asset value of SATRIXNAM and, proportionately, each SATRIXNAM security.


*Withholding Tax on Interest (WTI) came into effect on 1 March 2015.

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


Investors are advised that to the extent that the distribution amount comprise of any interest, it will not be subject to WTI
by virtue of the fact that it is listed debt instruments and/or bank debt.

Both resident and non-resident investors are encouraged to consult their professional advisors should they be in any doubt
as to the appropriate action to take.


Sandton
18 July 2023

JSE SPONSOR                                         NSX SPONSOR
Vunani Sponsors                                     Cirrus Securities

Date: 18-07-2023 10:30:00
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