Betashares Western Asset Australian Bond Active ETF Announces Distribution Schedule for 2026

About Betashares Capital Ltd and the Western Asset Australian Bond Active ETF

Betashares Capital Ltd (ABN 78 139 566 868, AFSL 341181) is the issuer and responsible entity of the Betashares Western Asset Australian Bond Active ETF, listed on the AQUA market of the ASX. The fund offers investors exposure to Australian fixed income securities through an actively managed strategy. Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827) serves as the investment manager, collaborating with Western Asset Australia, which provides investment management services.

This ETF is part of Betashares' extensive range of exchange-traded products aimed at providing retail and institutional investors access to diversified investment strategies. As an active ETF, it seeks to deliver returns through professional bond portfolio management, with tactical and strategic allocation decisions made by the underlying asset manager. This structure enables investors to access the Australian bond market via a listed vehicle traded on the ASX.

Ex-Distribution Date and Unitholder Eligibility

The ex-distribution date for the Betashares Western Asset Australian Bond Active ETF is set for 31 July 2026. To be eligible for the distribution, unitholders must purchase units before this date and ensure their transactions are settled and recorded prior to the record date. Proper settlement and registration are vital to confirm eligibility, so investors should verify their holdings are accurately reflected.

Unitholders must be registered on the Record Date to receive distribution payments. The company advises investors to confirm their bank account details with the registrar, MUFG Corporate Markets, before the Record Date to ensure timely payment. Verifying registration status and banking information with the registrar is recommended to prevent payment delays.

Distribution Timeline and Important Dates

The distribution process follows a structured timetable. The final and estimated distribution announcement dates are both scheduled for 3 August 2026. The payment date is 27 July 2026, and the record date is 4 August 2026. The ex-distribution date of 31 July 2026 is the last day to purchase units and remain eligible for this distribution period.

These dates allow the fund administrator adequate time to calculate distributions, process applications and redemptions, and ensure eligible unitholders receive payments on schedule. This timeline aligns with standard ETF distribution practices, facilitating transaction settlement and registration updates. Investors should note these dates and update bank details or confirm holdings well before the record date.

Suspension of Authorised Participant Applications and Redemptions

Applications and redemption requests from Authorised Participants will be suspended on 31 July 2026 during the distribution process. Nonetheless, trading of the fund's units on the ASX will continue uninterrupted, and Net Asset Value (NAV) information will be published as usual. This suspension is a routine administrative step to enable accurate distribution calculations without the complexity of concurrent creation and redemption activities.

Applications and redemptions will resume on 3 August 2026, allowing normal operations to continue post-distribution. Retail investors can still buy and sell units on the ASX through the secondary market during the suspension, ensuring liquidity. Ongoing NAV publication supports price discovery and market transparency.

Distribution Reinvestment Plan (DRP) and Election Deadlines

The Betashares Western Asset Australian Bond Active ETF offers a Distribution Reinvestment Plan (DRP), enabling unitholders to reinvest distributions into additional units automatically. DRP elections must be received by MUFG Corporate Markets by 5pm AEST on 5 August 2026 to apply for this distribution period. Participating unitholders will have their distributions reinvested per the DRP terms.

To enroll or modify DRP participation, unitholders should contact MUFG Corporate Markets at 1300 420 094 before the deadline. The DRP terms and conditions, available upon request, detail the plan's operation and pricing mechanism for unit issuance. This plan allows investors to increase fund exposure without transaction costs, though reinvested distributions remain taxable income.

Product Disclosure Statement and Investment Guidance

Investors are urged to review the Product Disclosure Statement (PDS) and Target Market Determination (TMD) carefully before investing in the Betashares Western Asset Australian Bond Active ETF. These documents provide detailed information on the fund’s objectives, strategies, fees, risks, and other critical factors. Investors should consider, with or without financial advice, whether the investment suits their financial goals and circumstances.

The PDS and TMD are accessible by contacting Betashares at 1300 487 577 or Franklin Templeton Australia at 1800 673 776. They are also available on the Betashares website (www.betashares.com.au) and Franklin Templeton Australia’s website (www.franklintempleton.com.au). Betashares, Franklin Templeton Australia, and related parties do not guarantee performance or capital returns, and past performance does not predict future results.

Risk Factors and Investment Warnings

Investments in the Betashares Western Asset Australian Bond Active ETF carry risks, including possible payment delays and loss of income or capital. These risks arise from factors such as interest rate fluctuations, credit quality changes, market volatility, and bond valuation shifts. Unitholders should be aware that investment values may vary, and full recovery of initial capital is not guaranteed.

The bond market is influenced by macroeconomic trends, central bank policies, and credit risk sentiment. As an actively managed fund, performance depends on the fund manager’s decisions and market conditions. Active management does not assure outperformance over passive strategies or benchmarks, and management fees and costs will reduce returns.

Distribution Statements and Investor Communication

Distribution statements will be emailed to investors who have chosen email communication. Alternatively, statements can be downloaded from the MUFG Corporate Markets Investor Centre. Investors are encouraged to register their email addresses at au.investorcentre.mpms.mufg.com or by calling 1300 420 094 to receive timely distribution notifications.

Distribution statements are not mailed by default unless specifically requested via the MUFG Investor Centre or by contacting Betashares. Email registration ensures prompt payment notifications and easy access to distribution statements through the online platform, enhancing communication efficiency.

Authorised Participant Operations and Market Trading Continuity

While Authorised Participant applications and redemptions are paused on 31 July 2026, ASX trading of the fund’s units will continue throughout the distribution period. This separation between creation/redemption and secondary market trading is standard ETF practice to maintain liquidity and ensure accurate distribution calculations. Retail investors can trade units without interruption during this time.

Continuous NAV publication during the distribution period supports market transparency and orderly trading. Normal Authorised Participant operations will resume on 3 August 2026 after distribution processing. This temporary suspension is a routine administrative procedure that does not limit investor access to the fund via secondary market trading.