NZ Dividend Fund (NS) (“DIV”) – Name Change

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 30 May 2019 Subject: NZ Dividend Fund (NS) ("DIV") - Name Change Message: NZX Operations ("NZXO") advises that NZ Dividend Fund (NS) ("DIV") will be changing its name to Smartshares NZ Dividend ETF. This name change will be reflected by NZX Limited from market open on Thursday, 6 June 2019. The ticker code and ISIN for DIV units will remain unchanged. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00335282 For:DIV Type:MEMO Time:2019-05-30 10:45:35