Seed Financial Income Fund Active ETF Announces $0.10959207 Final Distribution Per Unit for June 2026 Period

Final Distribution of $0.10959207 Per Unit Confirmed for Period Ending 30 June 2026

Evolution Trustees Limited has confirmed a final distribution payment of $0.10959207 per unit for the Seed Financial Income Fund Active ETF for the financial period ending 30 June 2026. This amount represents the total entitlement per unit for unitholders registered on the fund’s register as of the Record Date, 2 July 2026. The announcement dated 2 July 2026 formalizes this distribution and initiates the payment process for eligible investors.

This distribution is designated as the "final" payment for the half-year period. Investors who held units before the Ex-Distribution Date of 1 July 2026 and were recorded on the register by the Record Date will receive this distribution. Purchasers of units on or after 1 July 2026 will not be entitled to this payment. The company did not disclose the aggregate total distribution amount payable to all unitholders in this release.

Distribution Carries an Estimated Franking Level of 9.28%

The declared final distribution includes an estimated franking credit of 9.28%, as noted in the company update. Franking credits can offer tax advantages to eligible Australian resident investors by reducing their income tax liability on the distribution, subject to individual tax circumstances. The partial franking level indicates that a portion of the distribution derives from income on which Australian corporate tax has already been paid at the fund or underlying investment level.

Investors are advised that the franking percentage is estimated and may be subject to minor adjustments upon payment or after tax reconciliation. Unitholders should consult their financial or tax advisers to understand the impact of the franking credit on their personal tax position. Fund Payment Notices providing detailed distribution component information will be distributed according to investors’ communication preferences and will also be available via the Apex Investor Portal.

DRP Issue Price Fixed at $10.7154 Per Unit for June 2026 Distribution

For participants in the Distribution Reinvestment Plan, the DRP issue price for this distribution cycle is set at $10.7154 per unit. Eligible investors may opt to reinvest their cash distribution into additional units at this fixed price instead of receiving a cash payment. The DRP allotment date, when new units will be issued to participating investors, is 14 July 2026, coinciding with the cash payment date for those not participating in the DRP.

The DRP issue price offers investors a benchmark to evaluate the value of reinvesting distributions relative to taking cash, considering current market conditions. The update confirms the DRP remains active for the fund. Full DRP terms and conditions are available on the Fund Manager website at www.seedfm.com.au. Investors should review these terms to understand unit pricing methods and any discounts or premiums applied to the DRP issue price compared to market prices.

Important Dates: Ex-Distribution, Record, DRP Election, and Payment

The distribution timetable is clearly outlined. The Ex-Distribution Date was 1 July 2026, requiring investors to hold units before this date to qualify for the distribution. The Record Date, when eligible unitholders are identified, was 2 July 2026. The deadline for submitting DRP elections is 5:00pm AEST on 3 July 2026.

The Payment Date for both DRP allotments and cash distributions is 14 July 2026. Investors must act promptly to submit or modify DRP elections by the deadline through Apex Group, the fund’s registrar. Missing this deadline may result in default distribution treatment as per DRP terms. This tight schedule highlights the importance of timely action regarding distribution preferences.

Default DRP Participation for Unitholders Without Bank Details

The update notes that unitholders who have not provided valid bank account details or a preferred distribution method by the Record Date will be automatically enrolled in the DRP. Their distribution will be reinvested into new units at the DRP issue price of $10.7154 rather than paid in cash.

Investors preferring cash payments should ensure their bank details are updated with Apex Group before the Record Date to avoid automatic DRP enrolment. Distribution preferences and bank account information can be managed via the Apex Investor Portal. Investors uncertain about their current elections are encouraged to verify their status through the portal or by contacting the registrar directly.

Accessing Fund Payment Notices and Distribution Details

Evolution Trustees confirmed that Fund Payment Notices, detailing distribution components including franked and unfranked amounts, will be sent according to investors’ communication preferences and will also be accessible through the Apex Investor Portal at https://seedfundsmanagement.apexgroupportal.com/. This portal serves as the main platform for unitholders to manage investment preferences, bank details, and DRP elections.

Availability of online Fund Payment Notices facilitates tax reporting for investors and their advisers. Those not registered on the Apex Investor Portal or requiring assistance are advised to contact Seed Funds Management at +61 401 194 448 or Evolution Trustees at +61 2 8866 5150. The company emphasizes that the information provided is general and not personal financial advice.

Evolution Trustees’ Role as Responsible Entity for the Fund

Evolution Trustees Limited, holding AFSL number 486217 and ABN 29 611 839 519, acts as the responsible entity for the Seed Financial Income Fund Active ETF. It oversees the fund’s operation and administration, including distribution declarations and payments. The fund trades on the Australian Securities Exchange under ticker SFIF and holds ARSN 678 888 821.

Evolution Trustees approved the release of this distribution and DRP information, reflecting the fund’s governance framework. Investors seeking further details on the fund’s investment approach, fees, or risks should consult the Product Disclosure Statement (PDS), any Supplementary PDS, and the Target Market Determination, all available at www.seedfm.com.au.

Investor Considerations Ahead of the 14 July 2026 Payment Date

As the 14 July 2026 payment date nears, investors should prioritize submitting or updating DRP elections by 5:00pm AEST on 3 July 2026. Those without bank account details on file should update these immediately via the Apex Investor Portal to avoid default DRP enrolment. Investors should also monitor receipt of their Fund Payment Notice, which will confirm detailed distribution and franking credit information for tax purposes.

Beyond distribution logistics, investors may watch for future announcements regarding the fund’s portfolio positioning, yield outlook, and potential changes to franking levels in upcoming distributions. This announcement did not provide forward guidance on distribution amounts or fund performance. The immediate impact on the share price was not disclosed. Investors are advised to consult licensed financial advisers before making investment decisions related to the fund.

Overview of Seed Financial Income Fund Active ETF and Investment Strategy

The Seed Financial Income Fund Active ETF is an actively managed exchange-traded fund listed on the Australian Securities Exchange. Managed by Seed Funds Management and administered by Evolution Trustees as responsible entity, the fund aims to deliver income-focused returns, as reflected by its regular distributions. Its active management approach differentiates it from passive index-tracking ETFs, involving ongoing portfolio decisions by the fund manager.

The partial franking level of 9.28% on this distribution suggests that some income is derived from Australian companies or investments where corporate tax has been paid, while the remainder likely comes from sources such as fixed income or hybrid securities without franking credits. The company did not provide a detailed breakdown of the fund’s portfolio or income sources in this announcement. Investors seeking comprehensive information on holdings and income strategy should review the fund’s PDS and periodic reports available via the manager’s website or the Apex Investor Portal.