ASHGEQ Ballot procedure amendment

Ashburton Management Company RF Proprietary Limited
Ashburton Global 1200 Equity ETF
Share Code: ASHGEQ
ISIN: ZAE000249967

Ashburton Global 1200 Equity Exchange Traded Fund, a portfolio in the Ashburton Collective Investment Scheme (“the
scheme”) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002 (“the
Act”) and managed by Ashburton Management Company RF Proprietary Limited (“the Manager”).


AMMENDMENT TO THE BALLOT VOTING PROCEDURE IN RESPECT OF THE CHANGE OF
THE FUND STRUCTURE OF THE ASHBURTON GLOBAL 1200 EQUITY EXCHNAGE TRADED FUND (“ASHGEQ”),
TRACKING THE S&P GLOBAL 1200 INDEX, TO A FUND OF FUNDS STRUCTURE.


Investors are referred to the ASHGEQ Restructure Ballot announcement released on 22 June
2020 and are advised that paragraph 5: Action required by Investors are hereby deleted in its
entirety and replaced by the following:


5. Action required by investors


-   Existing unit holders are requested to notify the manager’s registered Auditors, PWC, via e-mail as 
    per the details of the ballot form by no later than 4 August 2020, as to whether they approve the 
    Amendments as set out in this announcement or not.


-   Only votes from unit holders that are recorded on the register as at close of business on
    Thursday, 25 June 2020 will be eligible.


-   If you have disposed of your participatory interests in the portfolio, no action is required.


25 June 2020


Trustee: Standard Chartered Bank

Date: 25-06-2020 05:40:00
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