Index Rebalance Announcement CoreShares Index Tracker Managers (RF) Proprietary Limited CoreShares SciBeta MultiFactor ETF Share code: SMART ISIN: ZAE000269502 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 INDEX REBALANCE ANNOUNCEMENT In terms of section 19.28 of the JSE Limited Listings Requirements, notice is hereby given to investors of the above ETF securities that the following changes in the constituents of the underlying index in the table below. Effective Date: 22 June 2020 Index: Scientific Beta CS South Africa Six-Factor Equal Weighted Index Additions Deletions ISIN Share New ISIN Share Previous Weight Weight ZAE000085346 Kumba Iron Ore 1.33% ZAE000248498 Fortress REIT Limited 0.83% Limited ZAE000132577 Vodacom Group 4.06% ZAE000042164 MTN Group Limited 3.06% Limited NL0013654783 Prosus N.V. 0.88% ZAE000004875 Nedbank Group 0.37% Limited ZAE000066692 Aspen Pharmacare 2.28% ZAE000081949 Investec Limited 0.87% Holdings Limited ZAE000015228 Harmony Gold 1.22% ZAE000044897 Telkom SA SOC 0.41% Mining Company Limited Limited ZAE000012084 Shoprite Holdings 1.54% BE0974293251 Anheuser-Busch InBev 4.98% Limited SA/NV GB0004065016 Hammerson plc 1.16% ZAE000190252 Redefine Properties 0.83% Limited ZAE000028296 Truworths 0.85% International Limited ZAE000084992 Exxaro Resources 1.49% Limited ZAE000190724 Hyprop Investments 0.35% Limited ZAE000026639 Barloworld Limited 0.89% The portfolio composition file can be viewed at www.coreshares.co.za Date of announcement: 23 June 2020 Sponsor Grindrod Bank Limited Date: 23-06-2020 11:31:00 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.