Result of ballot voting procedure in respect of the amendment of the coreshares Equal Eeight Top 40 ETF CoreShares Index Tracker Managers (RF) Proprietary Limited CoreShares Equal Weight Top 40 ETF Share code: CSEW40 ISIN: ZAE000217139 A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker Managers (RF) Proprietary Limited (“CoreShares”) RESULT OF BALLOT VOTING PROCEDURE IN RESPECT OF THE AMENDMENT OF THE CORESHARES EQUAL WEIGHT TOP 40 ETF TO THE CORESHARES SCIENTIFIC BETA MULTI FACTOR ETF Investors are referred to the announcements released on SENS on 18 February 2019 regarding the ballot voting procedure in respect of the amendment of the CoreShares Equal Weighted Top 40 ETF to the CoreShares Scientific Beta Multi Factor ETF and are advised that the audited results of the voting ballot procedure were as follows: Summary of Votes Total Total Total Responses in Responses responses responses units favor of the against the received not name and name and received index index tracking tracking change of the change of the CoreShares CoreShares Top 40 Top 40 Units per shareholder 346 542 2 259 596 2 605 138 304 114 41 428 register % of total units 13.26% 86.74% 100% % of responses 88.01% 11.99% received CoreShares is regulated by the Financial Sector Conduct Authority (formerly the Financial Services Board). In terms of Section 98(2) of the Collective Investment Schemes Control Act of 2002 and clause 67 of the Main Deed of the Scheme, investor consent is required to effect the proposed amendment, which allow for the following: • Investors holding no less than 25% in value of the total number of participatory investors in the Portfolio, excluding CoreShares, must respond to the ballot voting request, for it to be successful (Clause 67.1 of Main Deed). • If the majority of those who have responded to the ballot, have voted in favour, then the amendment will be successful. • Where less than 25% of investors respond, a second ballot must be conducted where only the majority result of those who have responded, will determine whether the amendment will be successful or not i.e. 25% quorum is not required (Clause 67.3 of Main Deed). Less than 25% of the total number of participatory investors in the portfolio responded to the first ballot request, therefore the ballot voting procedure was not successful and a second ballot voting procedure will be conducted. The salient dates and information relating to the second ballot voting procedure will be announced on SENS in due course. Should you require any further assistance please send an email to info@coreshares.co.za . 2 May 2019 Corporate advisor and sponsor: Grindrod Bank Limited Trustee: Société Générale Date: 02/05/2019 09:36:00 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.