Emerging Markets Fund (NS) (“EMF”) – Name Change

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 30 May 2019 Subject: Emerging Markets Fund (NS) ("EMF") - Name Change Message: NZX Operations ("NZXO") advises that Emerging Markets Fund (NS) ("EMF") will be changing its name to Smartshares Emerging Markets ETF. This name change will be reflected by NZX Limited from market open on Thursday, 6 June 2019. The ticker code and ISIN for EMF units will remain unchanged. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00335281 For:EMF Type:MEMO Time:2019-05-30 10:45:35