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Distribution Finalisation Announcement Quarter End 30 September 2025 - STXQUA
SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX QUALITY PORTFOLIO
JSE Code: STXQUA
ISIN: ZAE000247987
("Satrix Quality")
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 SEPTEMBER 2025
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 Satrix Quality securities ('investors') recorded in the register on Friday, 24 October 2025 in
respect of the quarter ended 30 September 2025.
An aggregate amount of 10.11000 cents (R0.10110) per Satrix Quality security is declared as follows:
Dividend
Alpha Code: STXQUA Dividend Dividend Dividend (64N > *Interest Total
DTA)
Foreign SA Foreign SA Foreign SA
Distribution Source type Local Listed Listed Listed Local
Net Distribution Reinvested No No No No No
Source of Funds (Country Code) ZA GB AU CH ZA
Subject to Foreign Withholding tax No No No Yes No
Gross Foreign Rate (cents per unit) 0.37860 0.59319 0.05472
Foreign Tax % withheld at source 35.00000%
Foreign Tax amount per unit 0.01915
DTA with Source Country 15.00000%
Foreign Tax Reclaim % 20.00000%
Portfolio/Management Cost 0.00550
Interest Expense
Other costs
Gross ZA Distribution (Cents per unit) 9.02541 0.37860 0.59319 0.03007 0.08273 10.11000
**Applicable to non-exempt South African shareholders
Gross Local Rate (cents per unit) 9.02541 0.37860 0.59319 0.04922 0.08273
SA Withholding Tax % 20.00000% 20.00000% 20.00000% 5.00000%
SA Withholding Tax amount per unit 1.80508 0.07572 0.11864 0.00246
Local Net Rate 7.22033 0.30288 0.47455 0.02761 0.08273 8.10810
Notice is hereby given that the following dates are of importance in regard to the distribution for the quarter ended 30 September 2025 by the ETF to
holders of Satrix Quality securities:
Last day to trade "cum" distribution: Tuesday, 21 October 2025
Securities trade "ex" distribution: Wednesday, 22 October 2025
Record date: Friday, 24 October 2025
Payment date: Monday, 27 October 2025
The distribution will be paid on Monday, 27 October 2025 to all securities holders recorded in the register on Friday, 24 October 2025.
*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.
**No dividend withholding tax will be deducted from dividends payable to a South African tax resident qualifying for exemption from dividend
withholding tax provided that the investor has provided the following forms to their Central Securities Depository Participant ("CSDP") or broker, as the
case may be in respect of its participatory interest:
a) a declaration that the distribution is exempt from dividends tax; and
b) a written undertaking to inform their CSDP or broker, as the case may be, should the circumstances affecting the exemption change or the
beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. South African tax resident investors are advised to contact their CSDP or broker, as
the case may be, to arrange for the abovementioned documents to be submitted prior to payment of the distribution, if such documents have not
already been submitted.
Non-resident investors for South African income tax purposes
The dividend distribution received by non-resident investors will be exempt from income tax in terms of section 10(1)(k)(i) of the Act, but will be subject
to dividend withholding tax. Dividend withholding tax is levied at a rate of 20%, unless the rate is reduced in terms of any applicable agreement for the
avoidance of double taxation ("DTA") between South Africa and the country of residence of the non-resident investor.
A reduced dividend withholding rate in terms of the applicable DTA may only be relied on if the non-resident investor has provided the following forms
to their CSDP or broker, as the case may be in respect of its participatory interest:
a) a declaration that the dividend is subject to a reduced rate as a result of the application of a DTA; and
b) a written undertaking to inform the CSDP or broker, as the case may be, should the circumstances affecting the reduced rate change or the
beneficial owner cease to be the beneficial owner,
both in the form prescribed by the South African Revenue Service. Non-resident investors are advised to contact their CSDP or broker, as the case may
be, to arrange for the abovementioned documents to be submitted prior to the payment of the distribution if such documents have not already been
submitted.
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
14 October 2025
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Date: 14-10-2025 10:00:00
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