Interest Distribution Announcement For The Month Ended 31 March 2022 - NFGOVI NEWFUNDS GOVI EXCHANGE TRADED FUND PORTFOLIO Share code: NFGOVI ISIN: ZAE000161949 Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds (RF) Proprietary Limited (Registration Number 2005/034899/07) (“NewFunds”) INTEREST DISTRIBUTION ANNOUNCEMENT FOR THE MONTH ENDED 31 MARCH 2022 NewFunds has today finalised a distribution to holders of NewFunds GOVI ETF securities recorded as such in the register on Friday, 29 April 2022, for the month ended 31 March 2022 as follows: Alpha Code: NFGOVI *Interest Distribution Source type Local Net Distribution Reinvested No Source of Funds (Country Code) ZA Subject to Foreign Withholding tax No Gross Foreign Rate (cents per unit) Foreign Tax % withheld at source Foreign Tax amount per unit DTA with Source Country Foreign Tax Reclaim % Portfolio/Management Cost Interest Expense Other costs Gross ZA Distribution (Cents per unit) 119.83900 Gross Local Rate (cents per unit) 119.83900 SA Withholding Tax % SA Withholding Tax amount per unit Local Net Rate 119.83900 Investors are advised that the GOVI Exchange Traded Fund Portfolio's net distributions are paid out to investors on a quarterly basis on Payment date and no longer reinvested monthly in the portfolio, with effect 1 April 2022, as communicated in the SENS released on the 10 th of March 2022. Investors are also advised that the distribution amount is net of permissible expenses and scrip lending income. The distribution amount does not comprise of any dividends; therefore, no dividend tax will be applicable to the distribution amount. Holders of the ETF securities should note the following dates in relation to the distribution: Declaration and finalisation Thursday, 14 April 2022 Last day to trade Monday, 25 April 2022 Securities trading ‘ex’ distribution Tuesday, 26 April 2022 Record date Friday, 29 April 2022 Payment date Tuesday, 03 May 2022 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 authorised 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 is not subject to WTI by virtue of the fact that it is Government debt, listed debt instruments and/or bank debt. Additional information: Number of securities in issue Tax reference number NFGOVI 41,419,163 9019670224 14 April 2022 JSE Sponsor Vunani Date: 14-04-2022 03:02:00 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.