Document:

EX-4.5

 EXHIBIT 4.5 

GLOBAL AMENDMENT 
 to 

DEPOSITARY TRUST AGREEMENTS 
 This
Global Amendment to Depositary Trust Agreements (this “Amendment”) dated as of September 5, 2017 is between Guggenheim Specialized Products, LLC, a Delaware limited liability company d/b/a Guggenheim Investments, as sponsor of
the Trusts identified below (the “Sponsor”), and The Bank of New York Mellon, a New York banking corporation, in its capacity as the trustee for each such Trust (the “Trustee”). 

WHEREAS, the Sponsor and the Trustee have entered into the following Depositary Trust Agreements (each an “Agreement” and
collectively the “Agreements”) establishing the trusts indicated (each a “Trust” and collectively the “Trusts”): 
  

	 	a)	Depositary Trust Agreement dated June 8, 2006, establishing the CurrencyShares® Australian Dollar Trust, as such agreement has been amended to the date
hereof (the “FXA Agreement”); 

  

	 	b)	Depositary Trust Agreement dated June 8, 2006, establishing the CurrencyShares® British Pound Sterling Trust, as such agreement has been amended to the
date hereof (the “FXB Agreement”); 

  

	 	c)	Depositary Trust Agreement dated June 8, 2006, establishing the CurrencyShares® Canadian Dollar Trust, as such agreement has been amended to the date hereof
(the “FXC Agreement”); 

  

	 	d)	Depositary Trust Agreement dated August 16, 2011, establishing the CurrencyShares® Chinese Renminbi Trust, as such agreement has been amended to the date
hereof (the “FXCH Agreement”); 

  

	 	e)	Depositary Trust Agreement dated December 2, 2005, establishing the CurrencyShares® Euro Trust, as such agreement has been amended to the date hereof (the
“FXE Agreement”); 

  

	 	f)	Depositary Trust Agreement dated February 1, 2007, establishing the CurrencyShares® Japanese Yen Trust, as such agreement has been amended to the date hereof
(the “FXY Agreement”); 

  

	 	g)	Depositary Trust Agreement dated August 7, 2008, establishing the CurrencyShares® Singapore Dollar Trust, as such agreement has been amended to the date
hereof (the “FXSG Agreement”); 

  

	 	h)	Depositary Trust Agreement dated June 8, 2006, establishing the CurrencyShares® Swedish Krona Trust, as such agreement has been amended to the date hereof
(the “FXS Agreement”); and 

  

	 	i)	Depositary Trust Agreement dated June 8, 2006, establishing the CurrencyShares® Swiss Franc Trust, as such agreement has been amended to the date hereof (the
“FXF Agreement”). 

 WHEREAS, Section 8.1 of each Agreement provides substantially as follows with
respect to the amendment of such Agreement: 
 The Trustee and the Sponsor may amend any provisions of this Agreement without the consent of
any Registered Owner; provided, however, that the provisions of Section 2.6, Section 2.7, Section 2.10, Section 4.2 through Section 4.7, this Section 8.1 and Section 8.2 may not be amended unless (i) the
provision relates solely to procedural or logistical matters (as distinguished from core economic rights), or (ii) prior to the amendment, (a) the Sponsor obtains and delivers to the Trustee a written opinion of counsel to the effect that
after such amendment the Trust will continue to be classified as a “grantor trust” under the Code, and (b) in the event that such opinion of counsel assumes that certain actions are taken by the Sponsor or the Trustee in connection
with such amendment, such actions shall be taken by the Sponsor or the Trustee, as the case may be. Any amendment that imposes or increases any fees or charges (other than taxes and other governmental charges, registration fees or other such
expenses), or that otherwise prejudices any substantial existing right of the Registered Owners, will not become effective as to outstanding Shares until 30 days after notice of such amendment is given to the Registered Owners. Every Registered
Owner and Beneficial Owner, at the time any amendment so becomes effective, shall be deemed, by continuing to hold any Shares or an interest therein, to consent and agree to such amendment and to be bound by this

  
 1 

 
Agreement as amended thereby. In no event shall any amendment impair the right of the Registered Owner of Shares to Surrender Baskets of Shares and receive therefor the amount of Trust Property
represented thereby, except in order to comply with mandatory provisions of applicable law. 
 WHEREAS, in accordance with the provisions
set forth in Section 8.1 of each Agreement, the amendments contemplated herein shall be effective upon the execution of this Amendment by the Sponsor and Trustee, and no further action shall be required; 

WHEREAS, the Securities and Exchange Commission (the “SEC”) has adopted an amendment to Rule
15c6-1(a) to shorten by one business day the standard settlement cycle for most broker-dealer transactions; and 

WHEREAS, the Sponsor and the Trustee desire to amend each of the Agreements so as to comply with the SEC’s amendment to Rule 15c6-1(a); 
 NOW, THEREFORE, in consideration of the premises and the agreements hereinafter set forth,
the parties hereby agree as follows: 
  

	I.    Amendments	to the FXA Agreement. 

 1.    Amendment of
Section 1.1 of the FXA Agreement. The following text is hereby added to Section 1.1 of the FXA Agreement immediately after the defined term “Interest Account” and immediately before the defined term “London
Business Day:” 
 “Local Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day which has
been designated a bank holiday in Australia. 
 2.    Amendment of Section 1.1 of the FXA
Agreement. The defined term “London Business Day” in Section 1.1 of the FXA Agreement is hereby deleted in its entirety. 

3.    Amendment of Section 1.1 of the FXA Agreement. The defined term “Sponsor’s
Fee” in Section 1.1 of the FXA Agreement is hereby deleted and replaced with the following: 
 “Sponsor’s Fee” means
the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Australian Dollars in the Trust as of the close of business on the preceding Local Business
Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day). 

4.    Amendment of Section 2.4(a) of the FXA Agreement. The fifth sentence of Section 2.4(a)
of the FXA Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Purchase Order shall
be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Australian Dollar Amount from the
Depository on such next New York Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

5.    Amendment of Section 2.7 of the FXA Agreement. The fifth sentence of Section 2.7 of
the FXA Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Redemption Order shall
be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be
the next following day that is both a New York Business Day and a Local Business Day. 

  
 2 

 6.    Amendment of Section 4.1(a) of the FXA
Agreement. Section 4.1(a) of the FXA Agreement is hereby deleted and replaced with the following: 
 (a) take the sum of Australian
Dollars in the Interest Account and Non-Interest Account as of the close of business on the preceding Local Business Day, as reported by the Depository; 

7.    Amendment of Section 4.4 of the FXA Agreement. The first and second sentences of
Section 4.4 of the FXA Agreement are hereby deleted and replaced with the following: 
 On the first Local Business Day of each month,
the Depository will deposit into the Non-Interest Account the accrued but unpaid interest for the previous month. On the first day of each month that is both a Local Business Day and a New York Business Day,
the Trustee will make withdrawals from the Non-Interest Account to pay the accrued Sponsor’s Fee for the previous month plus any other Trust expenses. 

8.    Amendment of Section 4.7(b) of the FXA Agreement. The first sentence of Section 4.7(b)
of the FXA Agreement is hereby deleted and replaced with the following: 
 On the first day of each month that is both a Local Business Day
and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses
hereunder. 
  

	II.    Amendments	to the FXB Agreement. 

 1.    Amendment of
Section 2.4(a) of the FXB Agreement. The fifth sentence of Section 2.4(a) of the FXB Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Purchase Order shall be the second New York Business Day following the Order Date unless that day
is not a London Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a London Business Day. 

2.    Amendment of Section 2.7 of the FXB Agreement. The fifth sentence of Section 2.7 of
the FXB Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Redemption Order shall
be the second New York Business Day following the Order Date unless that day is not a London Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a London Business Day. 

 

	III.    Amendments	to the FXC Agreement. 

 1.    Amendment of
Section 1.1 of the FXC Agreement. The following text is hereby added to Section 1.1 of the FXC Agreement immediately after the defined term “Interest Account” and immediately before the defined term “London
Business Day:” 
 “Local Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day which has
been designated a bank holiday in Toronto. 
 2.    Amendment of Section 1.1 of the FXC
Agreement. The defined term “London Business Day” in Section 1.1 of the FXC Agreement is hereby deleted in its entirety. 

  
 3 

 3.    Amendment of Section 1.1 of the FXC
Agreement. The defined term “Sponsor’s Fee” in Section 1.1 of the FXC Agreement is hereby deleted and replaced with the following: 

“Sponsor’s Fee” means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the
number of days in the year) multiplied by (the Canadian Dollars in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately
preceding day). 
 4.    Amendment of Section 2.4(a) of the FXC Agreement. The fifth sentence
of Section 2.4(a) of the FXC Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for
a Purchase Order shall be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local
Business Day. 
 5.    Amendment of Section 2.7 of the FXC Agreement. The fifth sentence of
Section 2.7 of the FXC Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a
Redemption Order shall be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local
Business Day. 
 6.    Amendment of Section 4.1(a) of the FXC Agreement. Section 4.1(a) of
the FXC Agreement is hereby deleted and replaced with the following: 
 (a) take the sum of Canadian Dollars in the Interest Account and Non-Interest Account as of the close of business on the preceding Local Business Day, as reported by the Depository; 

7.    Amendment of Section 4.4 of the FXC Agreement. The first and second sentences of
Section 4.4 of the FXC Agreement are hereby deleted and replaced with the following: 
 On the first Local Business Day of each month,
the Depository will deposit into the Non-Interest Account the accrued but unpaid interest for the previous month. On the first day of each month that is both a Local Business Day and a New York Business Day,
the Trustee will make withdrawals from the Non-Interest Account to pay the accrued Sponsor’s Fee for the previous month plus any other Trust expenses. 

8.    Amendment of Section 4.7(b) of the FXC Agreement. The first sentence of Section 4.7(b)
of the FXC Agreement is hereby deleted and replaced with the following: 
 On the first day of each month that is both a Local Business Day
and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses
hereunder. 
  

	IV.    Amendments	to the FXCH Agreement. 

 1.    Amendment of
Section 2.4(a) of the FXCH Agreement. The fifth sentence of Section 2.4(a) of the FXCH Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Purchase Order shall be the next New York Business Day following the first New York Business Day
that is also a Local Business Day following the Order Date, unless such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local
Business Day. 

  
 4 

 2.    Amendment of Section 2.7(a) of the FXCH
Agreement. The fifth sentence of Section 2.7(a) of the FXCH Agreement is hereby deleted and replaced with the following: 
 The
“Settlement Date” for a Redemption Order shall be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless such next New York Business Day is not a
Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 
  

	V.    Amendments	to the FXE Agreement. 

 1.    Amendment of
Section 1.1 of the FXE Agreement. The following text is hereby added to Section 1.1 of the FXE Agreement immediately after the defined term “Interest Account” and immediately before the defined term “London
Business Day:” 
 “Local Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day which has
been designated a bank holiday in Frankfurt. 
 2.    Amendment of Section 1.1 of the FXE
Agreement. The defined term “London Business Day” in Section 1.1 of the FXE Agreement is hereby deleted in its entirety. 

3.    Amendment of Section 1.1 of the FXE Agreement. The defined term “Sponsor’s
Fee” in Section 1.1 of the FXE Agreement is hereby deleted and replaced with the following: 
 “Sponsor’s Fee” means
the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Euro in the Trust as of the close of business on the preceding Local Business Day, which shall
include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day). 

4.    Amendment of Section 2.3(a) of the FXE Agreement. The fifth sentence of Section 2.3(a)
of the FXE Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Purchase Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

5.    Amendment of Section 2.6 of the FXE Agreement. The fifth sentence of Section 2.6 of
the FXE Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Redemption Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

6.    Amendment of Section 4.1(a) of the FXE Agreement. Section 4.1(a) of the FXE Agreement
is hereby deleted and replaced with the following: 
 (a) take the sum of Euro in the Interest Account and
Non-Interest Account as of the close of business on the preceding Local Business Day, as reported by the Depository; 

  
 5 

 7.    Amendment of Section 4.4 of the FXE
Agreement. The first and second sentences of Section 4.4 of the FXE Agreement are hereby deleted and replaced with the following: 

On the first Local Business Day of each month, the Depository will deposit into the Non-Interest
Account the accrued but unpaid interest for the previous month. On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee will make withdrawals from the
Non-Interest Account to pay the accrued Sponsor’s Fee for the previous month plus any other Trust expenses. 

8.    Amendment of Section 4.7(b) of the FXE Agreement. The first sentence of Section 4.7(b)
of the FXE Agreement is hereby deleted and replaced with the following: 
 On the first day of each month that is both a Local Business Day
and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses
hereunder. 
  

	VI.    Amendments	to the FXY Agreement. 

 1.    Amendment of
Section 2.4(a) of the FXY Agreement. The fifth sentence of Section 2.4(a) of the FXY Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Purchase Order shall be the next New York Business Day following the first New York Business Day
that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Japanese Yen Amount from the Depository on such next New York Business Day, in which case the Settlement Date
shall be the next following day that is both a New York Business Day and a Local Business Day. 
 2.    Amendment of
Section 2.7 of the FXY Agreement. The fifth sentence of Section 2.7 of the FXY Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Redemption Order shall be the next New York Business Day following the first New York Business Day
that is also a Local Business Day following the Order Date, unless such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local
Business Day. 
  

	VII.    Amendments	to the FXSG Agreement. 

 1.    Amendment of
Section 2.4(a) of the FXSG Agreement. The fifth sentence of Section 2.4(a) of the FXSG Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Purchase Order shall be the next New York Business Day following the first New York Business Day
that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Singapore Dollar Amount from the Depository on such next New York Business Day, in which case the Settlement
Date shall be the next following day that is both a New York Business Day and a Local Business Day. 
 2.    Amendment
of Section 2.7 of the FXSG Agreement. The fifth sentence of Section 2.7 of the FXSG Agreement is hereby deleted and replaced with the following: 

The “Settlement Date” for a Redemption Order shall be the next New York Business Day following the first New York Business Day
that is also a Local Business Day following the Order Date, unless such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local
Business Day. 

  
 6 

	VIII.    Amendments	to the FXS Agreement. 

 1.    Amendment of
Section 1.1 of the FXS Agreement. The following text is hereby added to Section 1.1 of the FXS Agreement immediately after the defined term “Interest Account” and immediately before the defined term “London
Business Day:” 
 “Local Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day which has
been designated a bank holiday in Stockholm. 
 2.    Amendment of Section 1.1 of the FXS
Agreement. The defined term “London Business Day” in Section 1.1 of the FXS Agreement is hereby deleted in its entirety. 

3.    Amendment of Section 1.1 of the FXS Agreement. The defined term “Sponsor’s
Fee” in Section 1.1 of the FXS Agreement is hereby deleted and replaced with the following: 
 “Sponsor’s Fee” means
the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Swedish Kronor in the Trust as of the close of business on the preceding Local Business Day,
which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day). 

4.    Amendment of Section 2.4(a) of the FXS Agreement. The fifth sentence of Section 2.4(a)
of the FXS Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Purchase Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

5.    Amendment of Section 2.7 of the FXS Agreement. The fifth sentence of Section 2.7 of
the FXS Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Redemption Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

6.    Amendment of Section 4.1(a) of the FXS Agreement. Section 4.1(a) of the FXS Agreement
is hereby deleted and replaced with the following: 
 (a) take the sum of Swedish Kronor in the Interest Account and Non-Interest Account as of the close of business on the preceding Local Business Day, as reported by the Depository; 

7.    Amendment of Section 4.4 of the FXS Agreement. The first and second sentences of
Section 4.4 of the FXS Agreement are hereby deleted and replaced with the following: 
 On the first Local Business Day of each month,
the Depository will deposit into the Non-Interest Account the accrued but unpaid interest for the previous month. On the first day of each month that is both a Local Business Day and a New York Business Day,
the Trustee will make withdrawals from the Non-Interest Account to pay the accrued Sponsor’s Fee for the previous month plus any other Trust expenses. 

8.    Amendment of Section 4.7(b) of the FXS Agreement. The first sentence of Section 4.7(b)
of the FXS Agreement is hereby deleted and replaced with the following: 
 On the first day of each month that is both a Local Business Day
and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses
hereunder. 

  
 7 

	IX.    Amendments	to the FXF Agreement. 

 1.    Amendment of
Section 1.1 of the FXF Agreement. The following text is hereby added to Section 1.1 of the FXF Agreement immediately after the defined term “Interest Account” and immediately before the defined term “London
Business Day:” 
 “Local Business Day” means any day other than (i) a Saturday or Sunday or (ii) a day which has
been designated a bank holiday in Zurich. 
 2.    Amendment of Section 1.1 of the FXF
Agreement. The defined term “London Business Day” in Section 1.1 of the FXF Agreement is hereby deleted in its entirety. 

3.    Amendment of Section 1.1 of the FXF Agreement. The defined term “Sponsor’s
Fee” in Section 1.1 of the FXF Agreement is hereby deleted and replaced with the following: 
 “Sponsor’s Fee” means
the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Swiss Francs in the Trust as of the close of business on the preceding Local Business Day,
which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day). 

4.    Amendment of Section 2.4(a) of the FXF Agreement. The fifth sentence of Section 2.4(a)
of the FXF Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Purchase Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

5.    Amendment of Section 2.7 of the FXF Agreement. The fifth sentence of Section 2.7 of
the FXF Agreement is hereby deleted and replaced with the following: 
 The “Settlement Date” for a Redemption Order shall
be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day. 

6.    Amendment of Section 4.1(a) of the FXF Agreement. Section 4.1(a) of the FXF Agreement
is hereby deleted and replaced with the following: 
 (a) take the sum of Swiss Francs in the Interest Account and Non-Interest Account as of the close of business on the preceding Local Business Day, as reported by the Depository; 

7.    Amendment of Section 4.4 of the FXF Agreement. The first and second sentences of
Section 4.4 of the FXF Agreement are hereby deleted and replaced with the following: 
 On the first Local Business Day of each month,
the Depository will deposit into the Non-Interest Account the accrued but unpaid interest for the previous month. On the first day of each month that is both a Local Business Day and a New York Business Day,
the Trustee will make withdrawals from the Non-Interest Account to pay the accrued Sponsor’s Fee for the previous month plus any other Trust expenses. 

  
 8 

 8.    Amendment of Section 4.7(b) of the FXF
Agreement. The first sentence of Section 4.7(b) of the FXF Agreement is hereby deleted and replaced with the following: 
 On the
first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in
Section 4.7(a) and any otherwise unpaid expenses hereunder. 
  

	X.	    General. 

 1.    This Amendment may be
executed in counterparts, each of which, when so executed and delivered, shall be an original, but all such counterparts shall together constitute one and the same Amendment. Each of the parties hereto acknowledges having received an executed
counterpart of this Amendment. 
 2.    Capitalized terms used not defined herein are used herein as defined in the
Agreements. 
 3.    This Amendment shall be interpreted under, and all rights and duties under this Amendment shall be
governed by, the laws of the State of New York. 
 [Signature Page Follows] 

  
 9 

 IN WITNESS WHEREOF, the undersigned have each caused this Amendment to be executed as of the day
and year first written above. 
  

			
	GUGGENHEIM SPECIALIZED PRODUCTS, LLC, as Sponsor
		
	By:	 	 /s/ Amy J Lee

	Name:	 	 Amy J. Lee

	Title:	 	 Secretary

	
	 THE BANK OF NEW YORK MELLON,
 as
Trustee

		
	By:	 	 /s/ Phyllis A. Cietek

	Name:	 	 Phyllis A. Cietek

	Title:	 	 Vice-President

  
 10EX-4.6

 EXHIBIT 4.6 

GLOBAL AMENDMENT 
 to 

PARTICIPANT AGREEMENTS 
 This
Global Amendment to Participant Agreements (this “Amendment”), dated as of September 5, 2017, is entered into by Guggenheim Specialized Products, LLC, a Delaware limited liability company d/b/a Guggenheim Investments, as sponsor of
the below listed Trusts (the “Sponsor”), and The Bank of New York Mellon, a New York banking corporation, in its capacity as the trustee for the below listed Trusts (the “Trustee”). 

WHEREAS, various authorized participants (the “Authorized Participants”), the Trustee, and the Sponsor are parties to those certain
Participant Agreements set forth on Schedule A hereto, as the same have been previously amended (collectively the “Agreements” and each individually an “Agreement”), which were entered into in connection with each of the
following CurrencyShares® trusts (collectively the “Trusts”): 
  

	 	i.	CurrencyShares® Australian Dollar Trust (the “FXA Trust”); 

  

	 	ii.	CurrencyShares® British Pound Sterling Trust (the “FXB Trust”); 

 

	 	iii.	CurrencyShares® Canadian Dollar Trust (the “FXC Trust”); 

  

	 	iv.	CurrencyShares® Euro Trust (the “FXE Trust”); 

  

	 	v.	CurrencyShares® Japanese Yen Trust (the “FXY Trust”); 

  

	 	vi.	CurrencyShares® Singapore Dollar Trust (the “FXSG Trust”); 

  

	 	vii.	CurrencyShares® Swedish Krona Trust (the “FXS Trust”); and 

  

	 	viii.	CurrencyShares® Swiss Franc Trust (the “FXF Trust”). 

WHEREAS, the Trustee and the Sponsor desire to amend each of the Agreements as set forth herein; 

WHEREAS, Section 18(a) of each Agreement provides substantially as follows with respect to the amendment of such Agreement: 

Amendment and Modification. This Agreement, the Procedures attached as Attachment A and the Exhibits hereto may be amended, modified or
supplemented by the Trustee and the Sponsor, without consent of any Authorized Participant from time to time by the following procedure. After the amendment, modification or supplement has been agreed to, the Trustee will mail a copy of the proposed
amendment, modification or supplement to the Authorized Participant. For the purposes of this Agreement, mail will be deemed received by the recipient thereof on the third (3rd) day following the deposit of such mail into the United States postal
system. Within ten (10) calendar days after its deemed receipt, the amendment, modification or supplement will become part of this Agreement, the Attachments or the Exhibits, as the case may be, in accordance with its terms. If at any time
there is any material amendment, modification or supplement of any Participant Agreement (other than this Agreement), the Trustee will promptly mail a copy of such amendment, modification or supplement to the Authorized Participant. 

  
 1 

 WHEREAS, the Securities and Exchange Commission (the “SEC”) has adopted an amendment to
Rule 15c6-1(a) to shorten by one business day the standard settlement cycle for most broker-dealer transactions; and 

WHEREAS, the Sponsor and the Trustee desire to enter into this Amendment so as to comply with the SEC’s amendment to Rule 15c6-1(a); 
 NOW, THEREFORE, in consideration of the premises and the agreements hereinafter set forth,
the parties hereby agree as follows: 
  

	1.	Amendment of Section 3(b). The second sentence of Section 3(b) of each Agreement is hereby deleted and replaced with the following: 

A form of Purchase Order and Redemption Order is attached hereto as Exhibit B. 

 

	2.	Amendment of Section 7. Section 7 of each Agreement is hereby deleted in its entirety and replaced with the following: 

Section 7. Redemption. The Authorized Participant represents and warrants that it will not obtain an Order Number (as
described in the Procedures) from the Trustee for the purpose of redeeming a Basket unless it first ascertains that (i) it or its customer, as the case may be, owns outright or has full legal authority and legal and beneficial right to tender
for redemption the Baskets to be redeemed and to receive the entire proceeds of the redemption, and (ii) such Baskets have not been loaned or pledged to another party, borrowed or temporarily obtained from another party and are not the subject
of any repurchase agreement, reverse repurchase agreement or securities lending agreement, or any other arrangement which would preclude the delivery of such Baskets to the Trustee on the second Business Day following the date of the Redemption
Order. 
  

	3.	Amendment of Attachment A. 

  

	 	a.	Attachment A of each FXA Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXA hereto. 

  

	 	b.	Attachment A of each FXB Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXB hereto. 

  

	 	c.	Attachment A of each FXC Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXC hereto. 

  

	 	d.	Attachment A of each FXE Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXE hereto. 

  

	 	e.	Attachment A of each FXY Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXY hereto. 

  

	 	f.	Attachment A of each FXSG Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXSG hereto. 

 

	 	g.	Attachment A of each FXS Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXS hereto. 

  
 2 

	 	h.	Attachment A of each FXF Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXF hereto. 

  

	4.	Amendment of Exhibit B. 

  

	 	a.	Exhibit B of each FXA Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXA hereto. 

  

	 	b.	Exhibit B of each FXB Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXB hereto. 

  

	 	c.	Exhibit B of each FXC Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXC hereto. 

  

	 	d.	Exhibit B of each FXE Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXE hereto. 

  

	 	e.	Exhibit B of each FXY Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXY hereto. 

  

	 	f.	Exhibit B of each FXSG Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXSG hereto. 

  

	 	g.	Exhibit B of each FXS Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXS hereto. 

  

	 	h.	Exhibit B of each FXF Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXF hereto. 

  

	5.	Amendment of Exhibit C. Exhibit C of each Agreement is hereby deleted in its entirety. 

  

	6.	Miscellaneous. 

  

	 	a.	This Amendment may be executed in counterparts, each of which, when so executed and delivered, shall be an original, but all such counterparts shall together constitute one and the same Amendment. Each of the parties
hereto acknowledges having received an executed counterpart of this Amendment. 

  

	 	b.	Capitalized terms not defined herein shall have the meaning set forth in the Agreements. 

  

	 	c.	This Amendment shall be interpreted under, and all rights and duties under this Amendment shall be governed by, the laws of the State of New York. 

[Signature Page Follows] 

  
 3 

 IN WITNESS WHEREOF, the undersigned have each caused this Amendment to be executed as of the day
and year above written. 
  

			
	GUGGENHEIM SPECIALIZED PRODUCTS, LLC, as Sponsor
		
	By:	 	 /s/ Amy J Lee

	Name:	 	Amy J. Lee
	Title:	 	Secretary
	
	THE BANK OF NEW YORK MELLON, as Trustee
		
	By:	 	 /s/ Phyllis A. Cietek

	Name:	 	Phyllis A. Cietek
	Title:	 	Vice-President

  
 4 

 SCHEDULE A 

to 
 GLOBAL AMENDMENT

  
  

 

					
	 Name of Trust
	  	 Name of Authorized Participant
	  	Agreement Date
	CurrencyShares® Australian Dollar Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® Australian Dollar Trust	  	Citadel Securities, LLC	  	11/13/2009
	CurrencyShares® Australian Dollar Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Australian Dollar Trust	  	Credit Suisse Securities (USA), LLC	  	5/15/2012
	CurrencyShares® Australian Dollar Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® Australian Dollar Trust	  	EWT, LLC	  	7/14/2008
	CurrencyShares® Australian Dollar Trust	  	Goldman Sachs & Co.	  	6/22/2006
	CurrencyShares® Australian Dollar Trust	  	Goldman Sachs Execution & Clearing LP	  	10/24/2008
	CurrencyShares® Australian Dollar Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Australian Dollar Trust	  	Merrill Lynch Professional Clearing Corp.	  	6/26/2006
	CurrencyShares® Australian Dollar Trust	  	 Morgan Stanley & Co LLC (formerly, Morgan

Stanley & Co. Incorporated)
	  	8/26/2010
	CurrencyShares® Australian Dollar Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® Australian Dollar Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Australian Dollar Trust	  	 RBC Capital Markets, LLC (formerly, RBC

Capital Markets Corp.)
	  	4/15/2011
	CurrencyShares® Australian Dollar Trust	  	SG Americas Securities, LLC	  	11/30/2012
	CurrencyShares® Australian Dollar Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Australian Dollar Trust	  	 Virtue Americas LLC (formerly, KCG
 Americas
LLC)
	  	3/25/2010
	CurrencyShares® Australian Dollar Trust	  	Virtu Financial BD LLC	  	12/3/2010
			
	CurrencyShares® British Pound Sterling Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® British Pound Sterling Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® British Pound Sterling Trust	  	Citadel Securities, LLC	  	11/13/2009
	CurrencyShares® British Pound Sterling Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® British Pound Sterling Trust	  	Credit Suisse Securities (USA), LLC	  	1/19/2007
	CurrencyShares® British Pound Sterling Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® British Pound Sterling Trust	  	EWT, LLC	  	7/14/2008
	CurrencyShares® British Pound Sterling Trust	  	Goldman Sachs & Co.	  	6/22/2006
	CurrencyShares® British Pound Sterling Trust	  	Goldman Sachs Execution & Clearing LP	  	6/19/2006
	CurrencyShares® British Pound Sterling Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® British Pound Sterling Trust	  	Merrill Lynch Professional Clearing Corp.	  	6/26/2006
	CurrencyShares® British Pound Sterling Trust	  	Morgan Stanley & Co. LLC (formerly, Morgan Stanley & Co Incorporated)	  	8/26/2010
	CurrencyShares® British Pound Sterling Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® British Pound Sterling Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® British Pound Sterling Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® British Pound Sterling Trust	  	SG Americas Securities, LLC	  	11/30/2012
	CurrencyShares® British Pound Sterling Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® British Pound Sterling Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® British Pound Sterling Trust	  	Virtu Financial BD, LLC	  	12/3/2010

  
 5 

					
	 Name of Trust
	  	 Name of Authorized Participant
	  	Agreement Date
	CurrencyShares® Canadian Dollar Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® Canadian Dollar Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® Canadian Dollar Trust	  	Citadel Securities LLC	  	11/13/2009
	CurrencyShares® Canadian Dollar Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Canadian Dollar Trust	  	Credit Suisse Securities (USA) LLC	  	1/19/2007
	CurrencyShares® Canadian Dollar Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® Canadian Dollar Trust	  	EWT, LLC	  	7/14/2008
	CurrencyShares® Canadian Dollar Trust	  	Goldman Sachs & Co.	  	6/22/2006
	CurrencyShares® Canadian Dollar Trust	  	Goldman Sachs Execution & Clearing LP	  	6/19/2006
	CurrencyShares® Canadian Dollar Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Canadian Dollar Trust	  	Merrill Lynch Professional Clearing Corp.	  	6/26/2006
	CurrencyShares® Canadian Dollar Trust	  	Morgan Stanley & Co LLC (formerly, Morgan Stanley & Co. Incorporated)	  	8/26/2010
	CurrencyShares® Canadian Dollar Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® Canadian Dollar Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Canadian Dollar Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® Canadian Dollar Trust	  	SG Americas Securities LLC	  	11/30/2012
	CurrencyShares® Canadian Dollar Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Canadian Dollar Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® Canadian Dollar Trust	  	Virtu Financial BD LLC	  	12/3/2010
			
	CurrencyShares® Euro Trust	  	BNP Paribas Prime Brokerage, Inc.	  	6/18/2015
	CurrencyShares® Euro Trust	  	BNP Paribas Securities Corp.	  	6/18/2015
	CurrencyShares® Euro Trust	  	Citadel Securities LLC	  	11/13/2009
	CurrencyShares® Euro Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Euro Trust	  	Credit Suisse Securities (USA) LLC	  	1/19/2007
	CurrencyShares® Euro Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® Euro Trust	  	EWT, LLC	  	4/24/2008
	CurrencyShares® Euro Trust	  	Goldman Sachs & Co.	  	6/22/2006
	CurrencyShares® Euro Trust	  	Goldman Sachs Execution & Clearing LP	  	5/5/2006
	CurrencyShares® Euro Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Euro Trust	  	Merrill Lynch Professional Clearing Corp.	  	5/9/2006
	CurrencyShares® Euro Trust	  	Morgan Stanley & Co LLC (formerly, Morgan Stanley & Co. Incorporated)	  	8/24/2010
	CurrencyShares® Euro Trust	  	Newedge USA, LLC	  	5/22/2008
	CurrencyShares® Euro Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Euro Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® Euro Trust	  	SG Americas Securities LLC	  	11/30/2012
	CurrencyShares® Euro Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Euro Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® Euro Trust	  	Virtu Financial BD LLC	  	12/3/2010
			
	CurrencyShares® Swiss Franc Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5//2015
	CurrencyShares® Swiss Franc Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® Swiss Franc Trust	  	Citadel Securities LLC	  	11/13/2009
	CurrencyShares® Swiss Franc Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Swiss Franc Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® Swiss Franc Trust	  	EWT, LLC	  	7/14/2008

  
 6 

					
	 Name of Trust
	  	 Name of Authorized Participant
	  	Agreement Date
	CurrencyShares® Swiss Franc Trust	  	Goldman Sachs & Co.	  	6/22/2006
			
	CurrencyShares® Swiss Franc Trust	  	Goldman Sachs Execution & Clearing LP	  	10/24/2008
	CurrencyShares® Swiss Franc Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Swiss Franc Trust	  	Merrill Lynch Professional Clearing Corp.	  	6/26/2006
	CurrencyShares® Swiss Franc Trust	  	Morgan Stanley & Co LLC (formerly, Morgan Stanley & Co. Incorporated)	  	8/26/2010
	CurrencyShares® Swiss Franc Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® Swiss Franc Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Swiss Franc Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® Swiss Franc Trust	  	SG Americas Securities LLC	  	11/30/2012
	CurrencyShares® Swiss Franc Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Swiss Franc Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® Swiss Franc Trust	  	Virtu Financial BD LLC	  	12/3/2010
			
	CurrencyShares® Swedish Krona Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® Swedish Krona Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® Swedish Krona Trust	  	Citadel Securities LLC	  	11/13/2009
	CurrencyShares® Swedish Krona Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Swedish Krona Trust	  	Credit Suisse Securities (USA), LLC	  	5/15/2012
	CurrencyShares® Swedish Krona Trust	  	Deutsche Bank Securities, Inc.	  	3/9/2012
	CurrencyShares® Swedish Krona Trust	  	EWT, LLC	  	7/14/2008
	CurrencyShares® Swedish Krona Trust	  	Goldman Sachs & Co.	  	6/22/2006
	CurrencyShares® Swedish Krona Trust	  	Goldman Sachs Execution & Clearing LP	  	1/29/2008
	CurrencyShares® Swedish Krona Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Swedish Krona Trust	  	Merrill Lynch Professional Clearing Corp.	  	6/26/2006
	CurrencyShares® Swedish Krona Trust	  	Morgan Stanley & Co LLC (formerly, Morgan Stanley & Co. Incorporated)	  	8/26/2010
	CurrencyShares® Swedish Krona Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® Swedish Krona Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Swedish Krona Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® Swedish Krona Trust	  	SG Americas Securities LLC	  	11/30/2012
	CurrencyShares® Swedish Krona Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Swedish Krona Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® Swedish Krona Trust	  	Virtu Financial BD LLC	  	12/3/2010
			
	CurrencyShares® Singapore Dollar Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® Singapore Dollar Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® Singapore Dollar Trust	  	Credit Suisse Securities (USA), LLC	  	3/12/2013
	CurrencyShares® Singapore Dollar Trust	  	Merrill Lynch Professional Clearing Corp.	  	1/11/2013
	CurrencyShares® Singapore Dollar Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	10/31/2011
			
	CurrencyShares® Japanese Yen Trust	  	BNP Paribas Prime Brokerage, Inc.	  	8/5/2015
	CurrencyShares® Japanese Yen Trust	  	BNP Paribas Securities Corp.	  	8/5/2015
	CurrencyShares® Japanese Yen Trust	  	Citadel Securities LLC	  	11/13/2009
	CurrencyShares® Japanese Yen Trust	  	Citigroup Global Markets, Inc.	  	8/26/2011
	CurrencyShares® Japanese Yen Trust	  	Credit Suisse Securities (USA) LLC	  	5/15/2012

  
 7 

					
	 Name of Trust
	  	 Name of Authorized Participant
	  	Agreement Date
	CurrencyShares® Japanese Yen Trust	  	Deutsche Bank Securities, Inc.	  	3/12/2007
			
	CurrencyShares® Japanese Yen Trust	  	EWT, LLC	  	7/14/2008
	CurrencyShares® Japanese Yen Trust	  	Goldman Sachs & Co.	  	2/12/2007
	CurrencyShares® Japanese Yen Trust	  	Goldman Sachs Execution & Clearing LP	  	2/9/2007
	CurrencyShares® Japanese Yen Trust	  	JP Morgan Securities, Inc.	  	8/16/2010
	CurrencyShares® Japanese Yen Trust	  	Merrill Lynch Professional Clearing Corp.	  	3/5/2007
	CurrencyShares® Japanese Yen Trust	  	Morgan Stanley & Co LLC (formerly, Morgan Stanley & Co. Incorporated)	  	8/26/2010
	CurrencyShares® Japanese Yen Trust	  	Newedge USA, LLC	  	8/26/2008
	CurrencyShares® Japanese Yen Trust	  	Nomura Securities International, Inc.	  	6/14/2010
	CurrencyShares® Japanese Yen Trust	  	RBC Capital Markets, LLC (formerly, RBC Capital Markets Corp.)	  	4/15/2011
	CurrencyShares® Japanese Yen Trust	  	SG Americas Securities LLC	  	11/30/2012
	CurrencyShares® Japanese Yen Trust	  	Timber Hill, LLC	  	5/16/2007
	CurrencyShares® Japanese Yen Trust	  	Virtu Americas LLC (formerly, KCG Americas LLC)	  	3/25/2010
	CurrencyShares® Japanese Yen Trust	  	Virtu Financial BD LLC	  	12/3/2010

  
 8 

 ATTACHMENT A – FXA 

CREATION AND REDEMPTION OF AUSTRALIAN DOLLAR SHARES AND 

RELATED AUSTRALIAN DOLLAR TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of Australian Dollar Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the
CurrencyShares® Australian Dollar Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or
redeemed only in blocks of 50,000 Shares (each such block, a “Basket”). Because the issuance and redemption of Baskets also involve the transfer of Australian Dollars between the Authorized Participant and the Trust, certain
processes relating to the underlying transfers of Australian Dollars also are described. 
 Under these Procedures, Baskets may be issued only in
consideration for Australian Dollars transferred to and held in the Trust’s accounts maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in
these Procedures without further definition have the meanings assigned to them in the Depositary Trust Agreement, dated as of June 8, 2006, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the
“Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each
Authorized Participant with the Sponsor and the Trustee. 
 For purposes of these Procedures, a “NY Business Day” is defined as any day
other than (i) a Saturday or Sunday or (ii) a day on which NYSE Arca is not open for regular trading at noon New York City time; a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or
(ii) a day which has been designated a bank holiday in Australia. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the
Sponsor to each Authorized Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by
the Trustee in exchange for Australian Dollars, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per
order transaction fee of $500 to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Australian Dollars and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption
Order(s) (each as defined herein and, together, “Orders”) for Baskets. 

  
 9 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 10 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the NY Business Day that is
the Order Date under the Trust Agreement (“CREATION T”), on the next NY Business Day following CREATION T that is also a Local Business Day (“CREATION T+1”), the Trustee notifies the Authorized Participant and the
Depository of the amount of Australian Dollars to be transferred to the Trust and the Authorized Participant transfers such amount to the Depository, and a Basket is created on the next NY Business Day following CREATION T+1, unless the Trustee has
not received confirmation of the receipt of the Basket Australian Dollar Amount (as defined herein) on such day, in which case creation of the Basket shall be the next following day that is both a New York Business Day and a Local Business Day
(“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the Trust Australian Dollars and the Trustee will transfer to the Authorized Participant’s account at The Depository
Trust Company (“DTC”) Baskets corresponding to the Australian Dollars the Participant has transferred to the Trust. 
  

	C1	    CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1    By
the 4:00 p.m. NYC time (the “Order Cut-Off Time”), or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off
Time”), the Authorized Participant submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1    The Authorized Participant submitting an order to create shall submit such orders containing the information
required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms
and conditions; or (b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below.     

C1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the Trustee that the Authorized Participant wishes
to place a Purchase Order for the Trustee to create an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

C1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process
Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though
the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4     Purchase Orders initiated after the Order Cut-Off Time or the Early
Order Cut-Off Time, as applicable, will be rejected. 
 C1.1.5      During the
phone call from the Authorized Person of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6    Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the
Purchase Order to the Trustee using the Purchase Order Form included as part of the Participant Agreement. 

C1.1.7    The Purchase Order Form provides, among other things, for the number of Baskets that the Authorized Participant
is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION T+2. 

  
 11 

 C1.1.8    If the Trustee has not received the Purchase Order Form from the
Authorized Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not
fax the Purchase Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

C1.2    If the Trustee has received the Authorized Participant’s Purchase Order Form on time in accordance with the
preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior to delivery of
Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Australian Dollars the Authorized Participant must transfer in exchange for the Basket(s). 

C1.3    The Authorized Participant ensures that by 3:30 p.m. NYC time on CREATION T+1 (usually 5:30 a.m. the following day
Melbourne time), sufficient Australian Dollars are wire transferred to the Depository. 
 C1.4     NOTES FOR AUTHORIZED
PARTICIPANT (CREATION T) 
 C1.4.1    The Authorized Participant must be a participating member of DTC. 

C1.4.2    The Authorized Participant must be able to transfer Australian Dollars via SWIFT BIC – CHASGB2L, or another
method acceptable to the Depository. 
 C1.4.3    The Authorized Participant must have signed and delivered the
Participant Agreement to the Trustee. The Trustee will accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation
of Authorized Participants. 
 C1.4.4    The Authorized Participant must have in place, before a Purchase Order can be
processed, account instructions for Australian Dollars transfers with its sending financial institution. 
 C1.4.5
    By 3:30 p.m. NYC time on CREATION T+1 (usually 5:30 a.m. the following day Melbourne time) on CREATION T+2, Australian Dollars in the amount needed to acquire the Shares must be standing to the credit of the Deposit Account
in order for the Authorized Participant to receive Baskets on CREATION T+2. 
 C1.4.6    An Authorized Participant may
only deliver Australian Dollars for credit to the Depository via SWIFT BIC – CHASGB2L, or another method acceptable to the Depository. 

C1.4.7    Prior to the delivery of the Baskets by the Trustee on CREATION T+2, the Authorized Participant must accept a
DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling pursuant to supplemental procedures to be issued, but in any event
the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 
 C1.5    NOTES FOR TRUSTEE
(CREATION T) 
 C1.5.1    If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T
using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Australian Dollars that must be deposited in the Deposit
Account no later than 3:30 p.m. NYC time on CREATION T+1 (usually 5:30 a.m. the following day Melbourne time). 

  
 12 

	C2	CREATION T+1 

 C2.1 On CREATION T+1 the Trustee notifies the Authorized Participant of the final
amount of Australian Dollars that must be deposited in the Deposit Account (the “Basket Australian Dollar Amount”) not later than 3:30 p.m. NY time on CREATION T+1 (usually 5:30 a.m. the following day Melbourne time), for the
creation of the Baskets on CREATION T+2. 
 C2.2 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an
authenticated electronic message (SWIFT MT210) to the Depository indicating the total amount of Australian Dollars that the Depository will receive from the Authorized Participant on CREATION T+1. 

C2.3 By 3:30 p.m. NYC time (usually 5:30 a.m. the following day Melbourne time), the Depository has received each Authorized
Participant’s wire transfer of the Basket Australian Dollar Amount in the Deposit Account. 
  

	C3	CREATION T+2 

 C3.1 As of 9:00 a.m. NYC time, the Depository notifies the Trustee that the
Basket Australian Dollar Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 
 C3.2
Prior to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

C3.3 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Australian Dollar
Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the Basket
Australian Dollar Amount. 
 C3.4 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the
Basket Australian Dollar Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares outstanding
accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases the number of Shares
outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.5 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now
outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom
the Trustee has received confirmation from the Depository that the Basket Australian Dollar Amount has been received into the Deposit Account. 

C3.6 Following the close of business (usually 4:00 p.m. Melbourne time) on CREATION T+2, the Depository makes appropriate entries in its books
and records to reflect the creation of Baskets. 
 C3.7 Following the close of business (usually 4:00 p.m. Melbourne time) on CREATION T+2,
the Depository Australian Dollar system updates account records, recording the movements of Australian Dollars in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m.
Melbourne time) on CREATION T+2. 
 C3.8 Following the close of business (usually 4:00 p.m. Melbourne time) on CREATION T+2, the Depository
Australian Dollar system automatically generates authenticated electronic messages (SWIFT MT940 or SWIFT MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

  
 13 

 C3.9     If the Authorized Participant fails to deliver Australian Dollars by
3:30 p.m. NYC time on CREATION T+1, (a) the Trustee will apply a late fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard
industry practices, payable by the Authorized Participant. 
 In the event any such late fees are assessed, the Trustee will coordinate with
the Authorized Participant to arrange payment of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time
frames are subject to change based on depository requirements. 

  
 14 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the NY Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), Baskets to be redeemed are delivered to the Trustee by 3:00 p.m. NYC time (usually 5:00 a.m. the following day Melbourne time) on the first NY Business Day following REDEMPTION T, unless that day is not a
Local Business Day, in which case Baskets shall be delivered the next following day that is both a New York Business Day and a Local Business Day (“REDEMPTION T+1”) and the Authorized Participant receives the corresponding
Australian Dollars on the next NY Business Day that is also a Local Business Day following REDEMPTION T+1 (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee
and the Trustee will instruct the Depository to transfer to the Authorized Participant Australian Dollars corresponding to the Baskets delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or more
Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1    The Authorized
Participant submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and
constituted from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth
below. 
 R1.1.2 By the Order Cut-Off Time or the Early Order
Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to
the Trustee. 
 R1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process the
Redemption Order(s) if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, even
though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial.

 R1.1.4     Redemption Orders initiated after the Order Cut-Off Time or the
Early Order Cut-Off Time, as applicable, are rejected. 
 R1.1.5     During the
phone call from the Authorized Person of the Authorized Participant to initiate a Redemption Order, the Trustee will give an order number for the Authorized Participant’s Redemption Order. 

R1.1.6     Within 15 minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the
Redemption Order to the Trustee using the Redemption Order Form included as part of the Participant Agreement. 
 R1.1.7
    The Redemption Order Form provides, among other things, for the number of Baskets that the Authorized Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the
Transaction Fees by SPO/DTC Charge on REDEMPTION T+2 prior to the delivery of the Australian Dollars to the Authorized Participant. 

R1.1.8     If the Trustee has not received the Redemption Order Form from the Authorized Participant within 15 minutes
after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Redemption Order Form to the
Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 15 

 R1.2    If the Trustee has received the Authorized Participant’s
Redemption Order Form on time in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed
subject to receipt of Transaction Fees on REDEMPTION T+2 prior to delivery of the Australian Dollars” and indicating, on a preliminary basis subject to confirmation, the number of Australian Dollars the Participant will receive upon redemption
of the indicated Basket(s) of Shares. 
 R1.3    NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.3.1    The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1
only after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.3.2     If
an Authorized Participant has placed its Redemption Order with the Trustee on REDEMPTION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating
the approximate total amount of Australian Dollars to be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1    On REDEMPTION T+1 the Trustee notifies the
Authorized Participant of the final amount of Australian Dollars that will be delivered to the Authorized Participant on REDEMPTION T+2 (the “Basket Australian Dollar Amount”). 

R2.2    Prior to the delivery of instructions from the Trustee to the Depository directing the Depository to transfer the
Basket Australian Dollar Amount on REDEMPTION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

R2.3    By 3:00 p.m. NYC time (usually 5:00 a.m. the following day Melbourne time), the Authorized Participant delivers
free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk (718) 315-7500 to expect the Authorized
Participant’s Shares through DTC. 
 R2.3.1     By 3:00 p.m. NYC time (usually 5:00 a.m. the following day
Melbourne time), the Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R2.3.2    By 3:00 p.m. NYC time (usually 5:00 a.m. the following day Melbourne time), if the Shares being redeemed by the
Authorized Participant have been received into the Trustee’s participant account at DTC, the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized
Participant’s Shares and identifies the Authorized Participant from whom the Shares have been received. 

R2.3.3    By 3:00 p.m. NYC time (usually 5:00 a.m. the following day Melbourne time), if the Shares of a redeeming
Authorized Participant have not been received into the Trustee’s participant account at DTC, the Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the Authorized Participant, and identifies
the Authorized Participant from whom Shares have not been received. 
 R2.4    By 3:30 p.m. NYC time (usually 5:30 a.m.
the following day Melbourne time), the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Australian Dollar Amount to the accounts of those Authorized Participants from
whom the Trustee has received Shares. 

  
 16 

	R3	REDEMPTION T+2 

 R3.1    On REDEMPTION T+2, the Depository executes the
instructions from the Trustee to wire the Basket Australian Dollar Amount from the Trust Account and to transfer the Basket Australian Dollar Amount to the Authorized Participant’s designated account. The Australian Dollars will be sent to the
designated accounts by wire SWIFT BIC – CHASGB2L, or another funds transfer method acceptable to the Depository. 

R3.1.1    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to eliminate Shares received for redemption. 

R3.1.2    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s transfer agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.2    Following the close of business (usually 4:00 p.m. Melbourne time) on REDEMPTION T+2, the Depository makes the
appropriate entries in its books and records to reflect the redemptions. 
 R3.3    Following the close of business
(usually 4:00 p.m. Melbourne time) on REDEMPTION T+2, the Depository Australian Dollars system updates its account records, recording the movements of Australian Dollars in the Deposit Account and providing updated balances in the affected
accounts as of the close of business (usually 4:00 p.m. Melbourne time) on REDEMPTION T+2. 
 R3.4    Following the
close of business (usually 4:00 p.m. Melbourne time) on REDEMPTION T+2, the Depository Australian Dollar system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity
affecting the Deposit Account (received only by the Trustee). 
 Note: Both creation and redemption activities (delivery/receipts) time
frames are subject to change based on depository requirements. 

  
 17 

 ATTACHMENT A – FXB 

CREATION AND REDEMPTION OF BRITISH POUND STERLING SHARES AND 

RELATED BRITISH POUND STERLING TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of British Pound Sterling Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of
the CurrencyShares® British Pound Sterling Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be
created or redeemed only in blocks of 50,000 Shares (each such block, a “Basket”). Because the issuance and redemption of Baskets also involve the transfer of British Pounds between the Authorized Participant and the Trust, certain
processes relating to the underlying transfers of British Pounds also are described. 
 Under these Procedures, Baskets may be issued only in consideration
for British Pounds transferred to and held in the Trust’s accounts maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures
without further definition have the meanings assigned to them in the Depositary Trust Agreement, dated as of June 8, 2006, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the
“Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each
Authorized Participant with the Sponsor and the Trustee. 
 For purposes of these Procedures, a “Business Day” is defined as any day other
than (i) a Saturday or Sunday or (ii) a day on which the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; and a “Local Business Day” is defined as any day
other than (i) a Saturday or Sunday or (ii) a day which has been designated a bank holiday in London. 
 Baskets are issued pursuant to the
Prospectus, which will be delivered by the Sponsor to each Authorized Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be
issued and redeemed on any Business Day by the Trustee in exchange for British Pounds, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will
be required to pay a nonrefundable per order transaction fee of $500 to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an
additional transaction fee, as follows: 
  

			
	 Baskets Created or Redeemed Per Order
	  	Additional Transaction Fee
	 2
	  	$500
	 3
	  	$1,000
	 4
	  	$1,500
	 5 or more
	  	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer British Pounds and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption
Order(s) (each as defined herein and, together, “Orders”) for Baskets. 

  
 18 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 19 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the Business Day that is the
Order Date under the Trust Agreement (“CREATION T”), and a Basket is created by 11:00 a.m. NYC time (usually 4:00 p.m. London time) on the second Business Day following CREATION T, unless that day is not a Local Business Day, in
which case creation of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the
Trust British Pounds and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company (“DTC”) Shares corresponding to the British Pounds the Participant has transferred to the Trust. 

 

	C1	CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1    By the 4:00 p.m. NYC time
(the “Order Cut-Off Time”), or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off Time”), the
Authorized Participant submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”). 

C1.1.1    The Authorized Participant submitting an order to create shall submit such orders containing the information
required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms
and conditions ; or (b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below.     

C1.1.2    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the
Trustee. 
 C1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will
process Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, even
though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial.

 C1.1.4    Purchase Orders initiated after the Order Cut-Off Time or the Early
Order Cut-Off Time, as applicable, will be rejected. 
 C1.1.5     During the
phone call from the Authorized Person of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6    Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the
Purchase Order to the Trustee using the Purchase Order Form included as part of the Participant Agreement. 

C1.1.7    The Purchase Order Form provides, among other things, for the number of Baskets that the Authorized Participant
is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION T+2. 

C1.1.8    If the Trustee has not received the Purchase Order Form from the Authorized Participant within 15 minutes after
the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Purchase Order Form to the Trustee
within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 20 

 C1.2    If the Trustee has received the Authorized Participant’s
Purchase Order Form on time in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt
of the Transaction Fees prior to delivery of Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of British Pounds the Participant must transfer in exchange for the Basket(s). 

C1.3    The Participant ensures that by 2:30 p.m. London time (usually 9:30 a.m. NYC time) on CREATION T+2, sufficient
British Pounds are wire transferred to the Depository. 
 C1.4    NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1    The Authorized Participant must be a participating member of DTC. 

C1.4.2    The Authorized Participant must be able to transfer British Pounds via SWIFT BIC – CHASGB2L, or another
method acceptable to the Depository. 
 C1.4.3    The Authorized Participant must have signed and delivered the
Participant Agreement to the Trustee. The Trustee will accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation
of Authorized Participants. 
 C1.4.4    The Authorized Participant must have in place, before a Purchase Order can be
processed, account instructions for British Pounds transfers with its sending financial institution. 
 C1.4.5     By
2:30 p.m. London time on CREATION T+2, British Pounds in the amount needed to acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Shares on CREATION T+2. 

C1.4.6    An Authorized Participant may only deliver British Pounds for credit to the Depository via SWIFT BIC –
CHASGB2L, or another method acceptable to the Depository. 
 C1.4.7    Prior to the delivery of the Baskets by the
Trustee on CREATION T+2, the Authorized Participant must accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling
pursuant to supplemental procedures to be issued, but in any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 

C1.5    NOTES FOR TRUSTEE (CREATION T) 

C1.5.1    If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of British Pounds that must be deposited in the Deposit Account no later
than 2:30 p.m. London time on CREATION T+2. 
  

	C2	CREATION T+1 

 C2.1    On CREATION T+1 the Trustee notifies the Authorized
Participant of the final amount of British Pounds that must be deposited in the Deposit Account (the “Basket British Pounds Amount”) no later than 2:30 p.m. London time on CREATION T+2 for creation of the Baskets on that day. 

C2.2    Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message
(SWIFT MT210) to the Depository indicating the total British Pounds amount that the Depository will receive from the Authorized Participant on CREATION T+2. 

  
 21 

	C3	CREATION T+2 

 C3.1    By 2:30 p.m. London time (usually 9:30 a.m. NYC
time), the Depository has received each Authorized Participant’s wire transfer of the Basket British Pounds Amount in the Deposit Account. 

C3.2    As of 2:30 p.m. London time, the Depository notifies the Trustee that the Basket British Pounds Amount has been
transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 
 C3.3    Prior to the
delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

C3.4    At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket
British Pounds Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the
Basket British Pounds Amount. 
 C3.5    By 11:00 a.m. NYC time, following receipt of the notice from the Depository
confirming the transfer of the Basket British Pounds Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number
of Shares outstanding accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases
the number of Shares outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.6    By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the
number of Shares now outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on
CREATION T+2 for whom the Trustee has received confirmation from the Depository that the Basket British Pounds Amount has been received into the Deposit Account. 

C3.7    Following the close of business (usually 4:00 p.m. London time) on CREATION T+2, the Depository makes appropriate
entries in its books and records to reflect the creation of Baskets. 
 C3.8    Following the close of business (usually
4:00 p.m. London time) on CREATION T+2, the Depository British Pounds system updates account records, recording the movements of British Pounds in the Deposit Account and providing updated balances in the affected accounts as of the close of
business (usually 4:00 p.m. London time) on CREATION T+2. 
 C3.9    Following the close of business (usually 4:00 p.m.
London time) on CREATION T+2, the Depository British Pounds system automatically generates authenticated electronic messages constituting a statement of the activity affecting the Deposit Account (SWIFT MT940 or SWIFT MT950), (received only
by the Trustee). 
 C3.10 If the Authorized Participant fails to deliver British Pounds by 2:30 p.m. London time on CREATION T+2, (a) the
Trustee will apply a late fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices, payable by the Authorized
Participant. 
 In the event any such late fees are assessed, the Trustee will coordinate with the Authorized Participant to arrange payment
of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository
requirements. 

  
 22 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), and a Basket is redeemed by 2:30 p.m. London time (usually 9:30 a.m. NYC time) on the second Business Day following REDEMPTION T, unless that day is not a Local Business Day, in which case redemption of
the Basket shall be the next following day that is both a Business Day and a Local Business Day (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the
Trustee will instruct the Depository to transfer to the Authorized Participant British Pounds corresponding to the Shares delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or more
Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1    The Authorized
Participant submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and
constituted from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth
below. 
 R1.1.2    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to
the Trustee. 
 R1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee
will process the Redemption Order(s) if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as
applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang
up and redial. 
 R1.1.4    Redemption Orders initiated after the Order Cut-Off
Time or the Early Order Cut-Off Time, as applicable, are rejected. 

R1.1.5    During the phone call from the Authorized Person of the Authorized Participant to initiate a Redemption Order,
the Trustee will give an order number for the Authorized Participant’s Redemption Order. 
 R1.1.6    Within 15
minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the Trustee using the Redemption Order Form included as part of the Participant Agreement. 

R1.1.7    The Redemption Order Form provides, among other things, for the number of Baskets that the Authorized
Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge prior to the delivery of the British Pounds to the Authorized Participant on REDEMPTION T+2. 

R1.1.8    If the Trustee has not received the Redemption Order Form from the Authorized Participant within 15 minutes
after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Redemption Order Form to the
Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 23 

 R1.2    If the Trustee has received the Authorized Participant’s
Redemption Order Form on time in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed
subject to receipt of Transaction Fees prior to delivery of the British Pounds on REDEMPTION T+2” and indicating, on a preliminary basis subject to confirmation, the number of British Pounds the Participant will receive upon redemption of the
indicated Basket(s). 
 R1.3    For each Redemption Order, the Trustee sends an authenticated electronic message (SWIFT
MT202) to the Depository indicating the amount of British Pounds to transfer from the Deposit Account by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) to the Authorized Participant’s
designated account by 2:30 p.m. London time (usually 9:30 a.m. NYC time) on REDEMPTION T+2. 
 R1.4    NOTES FOR TRUSTEE
AND DEPOSITORY (REDEMPTION T) 
 R1.4.1    The Trustee will only deliver the authenticated electronic message (SWIFT
MT202) to the Depository on REDEMPTION T+2 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. 

R1.4.2     If an Authorized Participant has placed its Redemption Order with the Trustee on REDEMPTION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of British Pounds to be delivered to the Authorized Participant on
REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1    On REDEMPTION T+1 the Trustee notifies the
Authorized Participant of the final amount of British Pounds the Authorized Participant will receive upon redemption of the Basket(s) on Redemption T+2 (the “Basket British Pounds Amount”). 

 

	R3	REDEMPTION T+2 

 R3.1    Prior to the delivery of the Basket British Pounds
Amount on REDEMPTION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

R3.2    By 9:00 a.m. NYC time (usually 2:00 p.m. London time), the Authorized Participant delivers free to the
Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk ((718) 315- 7500) to expect the Authorized
Participant’s Shares through DTC. 
 R3.2.1    By 9:00 a.m. NYC time (usually 2:00 p.m. London time), the
Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R3.2.2    By 9:00 a.m. NYC time (usually 2:00 p.m. London time), if the Shares being redeemed by the Authorized
Participant have been received into the Trustee’s participant account at DTC, then the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s
Shares and identifies the Authorized Participant from whom the Shares have been received. 
 R3.2.3    By 9:00 a.m. NYC
time (usually 2:00 p.m. London time), if the Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, then the Trustee’s operations desk notifies the Trustee that the Trustee has
not received the Shares from the Authorized Participant, and identifies the Authorized Participant from whom Shares have not been received. 

  
 24 

 R3.3    By 9:30 a.m. NYC time (usually 2:30 p.m. London time), the Trustee
sends an authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket British Pounds Amount to the accounts of those Authorized Participants from whom the Trustee has received Shares. The British
Pounds will be sent to the designated accounts by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository). 

R3.4    As of 9:30 a.m. NYC time (usually 2:30 p.m. London time), following the receipt of the authenticated confirmatory
electronic message from the Trustee, the Depository executes the instructions from the Trustee to wire the Basket British Pounds Amount from the Trust Account and to transfer the Basket British Pounds Amount to the Authorized Participant’s
designated account. 
 R3.4.1    By DTC free delivery cut-off time (usually 3:00
p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to cancel Shares received for redemption. 

R3.4.2    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s transfer agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.5    Following the close of business (usually 4:00 p.m. London time) on REDEMPTION T+2, the Depository makes the
appropriate entries in its books and records to reflect the redemptions. 
 R3.6    Following the close of business
(usually 4:00 p.m. London time) on REDEMPTION T+2, the Depository British Pounds system updates its account records, recording the movements of British Pounds in the Deposit Account and providing updated balances in the affected accounts as
of the close of business (usually 3:30 p.m. London time) on REDEMPTION T+2. 
 R3.7    Following the close of business
(usually 4:00 p.m. London time) on REDEMPTION T+2, the Depository British Pounds system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the Deposit
Account (received only by the Trustee). 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject to
change based on depository requirements. 

  
 25 

 ATTACHMENT A – FXC 

CREATION AND REDEMPTION OF CANADIAN DOLLAR SHARES AND RELATED CANADIAN DOLLAR TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of Canadian Dollar Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the
CurrencyShares® Canadian Dollar Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a
“Basket”). Because the issuance and redemption of Baskets also involve the transfer of Canadian Dollars between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Canadian Dollars
also are described. 
 Under these Procedures, Baskets may be issued only in consideration for Canadian Dollars transferred to and held in the Trust’s
accounts maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in
the Depositary Trust Agreement, dated as of June 8, 2006, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from
time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee. 

For purposes of these Procedures, a “Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day on which
the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; and a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day which
has been designated a bank holiday in Toronto. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Sponsor to each Authorized
Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Trustee in exchange for
Canadian Dollars, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per order transaction fee of $500
to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Canadian Dollars and Baskets  

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption Order(s)
(each as defined herein and, together, “Orders”) for Baskets. 

  
 26 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 27 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the Business Day that is the
Order Date under the Trust Agreement (“CREATION T”), and a Basket is created by 11:00 a.m. NYC and Toronto time on the second Business Day following CREATION T, unless that day is not a Local Business Day, in which case creation of
the Basket shall be the next following day that is both a Business Day and a Local Business Day (“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the Trust Canadian Dollars
and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company (“DTC”) Shares corresponding to the Canadian Dollars the Participant has transferred to the Trust. 

 

	C1	CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1 By the 4:00 p.m. NYC time (the “Order Cut-Off Time”) or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off Time”), the Authorized Participant
submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1 The Authorized Participant submitting an order to create shall submit such orders containing the information required by the Trustee in
the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms and conditions; or
(b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below. 
 C1.1.2 By the
Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at
718-315-7500 notifying the Trustee that the Authorized Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and
requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 
 C1.1.3
Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4 Purchase Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time , as applicable will be rejected. 
 C1.1.5 During the phone call from the Authorized Person
of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6 Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the Purchase Order to the
Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7 The Purchase Order Form provides, among other
things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION
T+2. 
 C1.1.8 If the Trustee has not received the Purchase Order Form from the Authorized Participant within 15 minutes after the
Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Purchase Order Form to the Trustee within
15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 28 

 C1.2 If the Trustee has received the Authorized Participant’s Purchase Order Form on time in
accordance with the preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior
to delivery of Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Canadian Dollars the Authorized Participant must transfer in exchange for the Basket(s). 

C1.3 The Participant ensures that by 9:30 a.m. NYC and Toronto time on CREATION T+2, sufficient Canadian Dollars are wire transferred to the
Depository. 
 C1.4 NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1 The Authorized Participant must be a participating member of DTC. 

C1.4.2 The Authorized Participant must be able to transfer Canadian Dollars via SWIFT BIC – CHASGB2L, or another method acceptable to the
Depository. 
 C1.4.3 The Authorized Participant must have signed and delivered the Participant Agreement to the Trustee. The Trustee will
accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation of Authorized Participants. 

C1.4.4 The Authorized Participant must have in place, before a Purchase Order can be processed, account instructions for Canadian Dollars
transfers with its sending financial institution. 
 C1.4.5 By 9:30 a.m. NYC and Toronto time on CREATION T+2 Canadian Dollars in the amount
needed to acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Shares on CREATION T+2. 

C1.4.6 An Authorized Participant may only deliver Canadian Dollars for credit to the Depository via SWIFT BIC – CHASGB2L, or another
method acceptable to the Depository. 
 C1.4.7 Prior to the delivery of the Baskets by the Trustee on CREATION T+2, the Authorized
Participant must accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling pursuant to supplemental procedures to
be issued, but in any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 
 C1.5 NOTES FOR
TRUSTEE (CREATION T) 
 C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Canadian Dollars that must be deposited in the Deposit Account no
later than 9:30 a.m. NYC time on CREATION T+2. 

  
 29 

	C2	CREATION T+1 

 C2.1 On CREATION T+1 the Trustee notifies the Authorized Participant of the final
amount of Canadian Dollars that must be deposited in the Deposit Account (the “Basket Canadian Dollars Amount”) no later than 9:30 a.m. NYC and Toronto time on CREATION T+2 for creation of the Baskets on that day. 

C2.2 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message (SWIFT MT210) to the
Depository indicating the total Canadian Dollar amount that the Depository will receive from the Authorized Participant on CREATION T+2. 
  

	C3	CREATION T+2 

 C3.1 By 9:30 a.m. NYC and Toronto time, the Depository has received each
Authorized Participant’s wire transfer of the Basket Canadian Dollars Amount in the Deposit Account. 
 C3.2 As of 9:30 a.m. NYC and
Toronto time, the Depository notifies the Trustee that the Basket Canadian Dollars Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 

C3.3 Prior to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant
(SPO/DTC Charge). 
 C3.4 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket
Canadian Dollars Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of
the Basket Canadian Dollars Amount. 
 C3.5 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the
transfer of the Basket Canadian Dollars Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares
outstanding accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases the number
of Shares outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.6 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now
outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom
the Trustee has received confirmation from the Depository that the Basket Canadian Dollars Amount has been received into the Deposit Account. 

C3.7 Following the close of business (usually 4:00 p.m. Toronto time) on CREATION T+2, the Depository makes appropriate entries in its books
and records to reflect the creation of Baskets. 
 C3.8 Following the close of business (usually 4:00 p.m. Toronto time) on CREATION T+2,
the Depository Canadian Dollars system updates account records, recording the movements of Canadian Dollars in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Toronto
time) on CREATION T+2. 
 C3.9 Following the close of business (usually 4:00 p.m. Toronto time) on CREATION T+2, the Depository Canadian
Dollars system automatically generates authenticated electronic messages constituting a statement of the activity affecting the Deposit Account (SWIFT MT940 or SWIFT MT950), (received only by the Trustee). 

  
 30 

 C3.10 If the Authorized Participant fails to deliver Canadian Dollars by 9:30 a.m. Toronto time
on CREATION T+2, (a) the Trustee will apply a late fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices,
payable by the Authorized Participant. 
 In the event any such late fees are assessed, the Trustee will coordinate with the Authorized
Participant to arrange payment of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject
to change based on depository requirements. 

  
 31 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), and a Basket is redeemed by 9:30 a.m. NYC and Toronto time on the second Business Day following REDEMPTION T, unless that day is not a Local Business Day, in which case redemption of the Basket shall be
the next following day that is both a Business Day and a Local Business Day (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the Trustee will instruct
the Depository to transfer to the Authorized Participant Canadian Dollars corresponding to the Shares delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1 By the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or
more Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1 The Authorized Participant
submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted
from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth below. 

R1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500 notifying the Trustee that the Authorized Participant wishes to
place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

R1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process the Redemption Order(s) if
the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time as applicable, even though the remainder of the
order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

R1.1.4 Redemption Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, are rejected. 
 R1.1.5 During the phone call from the Authorized Person of
the Authorized Participant to initiate a Redemption Order, the Trustee will give an order number for the Authorized Participant’s Redemption Order. 

R1.1.6 Within 15 minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the
Trustee using the Redemption Order Form included as part of the Participant Agreement. 
 R1.1.7 The Redemption Order Form provides, among
other things, for the number of Baskets that the Authorized Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge prior to the delivery of the Canadian
Dollars to the Authorized Participant on REDEMPTION T+2. 
 R1.1.8 If the Trustee has not received the Redemption Order Form from the
Authorized Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not
fax the Redemption Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 32 

 R1.2 If the Trustee has received the Authorized Participant’s Redemption Order Form on time
in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed subject to receipt of
Transaction Fees prior to delivery of the Canadian Dollars on REDEMPTION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Canadian Dollars the Participant will receive upon redemption of the indicated
Basket(s). 
 R1.3 For each Redemption Order, the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository
indicating the amount of Canadian Dollars to transfer from the Deposit Account by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) to the Authorized Participant’s designated account by 9:00 a.m.
NYC and Toronto time on REDEMPTION T+2. 
 R1.4 NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.4.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 after confirming
the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.4.2 If an Authorized Participant has placed its
Redemption Order with the Trustee on CREATION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Canadian
Dollars to be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1 On REDEMPTION T+1 the Trustee notifies the Authorized Participant of the
final amount of Canadian Dollars the Authorized Participant will receive upon redemption of the Basket(s) on Redemption T+2 (the “Basket Canadian Dollars Amount”). 

 

	R3	REDEMPTION T+2 

 R3.1 Prior to the delivery of the Basket Canadian Dollars Amount on REDEMPTION
T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 
 R3.2 By 9:00 a.m. NYC and
Toronto time, the Authorized Participant delivers free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk ((718) 315-7500) to expect the Authorized Participant’s Shares through DTC. 
 R3.2.1 By 9:00 a.m. NYC and
Toronto time, the Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R3.2.2 By 9:00 a.m. NYC and Toronto time, if the Shares being redeemed by the Authorized Participant have been received into the
Trustee’s participant account at DTC, then the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s Shares and identifies the Authorized
Participant from whom the Shares have been received. 
 R3.2.3 By 9:00 a.m. NYC and Toronto time, if the Shares of a redeeming Authorized
Participant have not been received into the Trustee’s participant account at DTC, then the Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the Authorized Participant, and identifies the
Authorized Participant from whom Shares have not been received. 
 R3.3 By 9:30 a.m. NYC and Toronto time, the Trustee sends an
authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Canadian Dollars Amount to the accounts of those Authorized Participants from whom the Trustee has received Shares. The Canadian Dollars
will be sent to the designated accounts by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository). 

  
 33 

 R3.4 As of 9:30 a.m. NYC and Toronto time, following the receipt of the authenticated
confirmatory electronic message from the Trustee, the Depository executes the instructions from the Trustee to wire the Basket Canadian Dollars Amount from the Trust Account and to transfer the Basket Canadian Dollars Amount to the Authorized
Participant’s designated account. 
 R3.4.1 By DTC free delivery cut-off time (usually 3:00
p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to cancel Shares received for redemption. 

R3.4.2 By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s transfer
agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.5 Following the close of business (usually 4:00 p.m. Toronto time) on REDEMPTION T+2, the Depository makes the appropriate entries in its
books and records to reflect the redemptions. 
 R3.6 Following the close of business (usually 4:00 p.m. Toronto time) on REDEMPTION T+2,
the Depository Canadian Dollars system updates its account records, recording the movements of Canadian Dollars in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m.
Toronto time) on REDEMPTION T+2. 
 R3.7 Following the close of business (usually 4:00 p.m. Toronto time) on REDEMPTION T+2, the Depository
Canadian Dollars system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements.

  
 34 

 ATTACHMENT A – FXE 

CREATION AND REDEMPTION OF EURO SHARES AND RELATED EURO TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of Euro Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the CurrencyShares®
Euro Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a “Basket”).
Because the issuance and redemption of Baskets also involve the transfer of Euro between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Euro also are described. 

Under these Procedures, Baskets may be issued only in consideration for Euro transferred to and held in the Trust’s accounts maintained in London,
England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in the Depositary Trust Agreement,
dated as of December 2, 2005, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of Shares
issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee. 

For purposes of these Procedures, a “Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day on which
the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; and a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day which
has been designated a bank holiday in Frankfurt. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Sponsor to each Authorized
Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Trustee in exchange for
Euro, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per order transaction fee of $500 to the
Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Euro and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption Order(s)
(each as defined herein and, together, “Orders”) for Baskets. 

  
 35 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 36 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the Business Day that is the
Order Date under the Trust Agreement (“CREATION T”), and a Basket is created by 11:00 a.m. NYC time (usually 5:00 p.m. Frankfurt time) on the second Business Day following CREATION T, unless that day is not a Local Business Day, in
which case creation of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the
Trust Euro and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company (“DTC”) Shares corresponding to the Euro the Participant has transferred to the Trust. 

 

	C1	CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1 By the 4:00 p.m. NYC time (the “Order Cut-Off Time”) or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off Time”), the Authorized Participant
submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1 The Authorized Participant submitting an order to create shall submit such orders containing the information required by the Trustee in
the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms and conditions; or
(b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below. 
 C1.1.2 By the
Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at
718-315-7500, notifying the Trustee that the Authorized Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and
requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 
 C1.1.3
Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4 Purchase Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable will be rejected. 
 C1.1.5 During the phone call from the Authorized Person
of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6 Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the Purchase Order to the
Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7 The Purchase Order Form provides, among other
things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION
T+2. 
 C1.1.8 If the Trustee has not received the Purchase Order Form from the Authorized Participant within 15 minutes after the
Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Purchase Order Form to the Trustee within
15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 37 

 C1.2 If the Trustee has received the Authorized Participant’s Purchase Order Form on time in
accordance with the preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior
to delivery of Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Euro the Participant must transfer in exchange for the Basket(s). 

C1.3 The Participant ensures that by 3:30 p.m. Frankfurt time (usually 9:30 a.m. NYC time) on CREATION T+2, sufficient Euro are wire
transferred to the Depository. 
 C1.4 NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1 The Authorized Participant must be a participating member of DTC. 

C1.4.2 The Authorized Participant must be able to transfer Euro via SWIFT BIC – CHASGB2L, or another method acceptable to the Depository.

 C1.4.3 The Authorized Participant must have signed and delivered the Participant Agreement to the Trustee. The Trustee will accept an
Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation of Authorized Participants. 

C1.4.4 The Authorized Participant must have in place, before a Purchase Order can be processed, account instructions for Euro transfers with
its sending financial institution. 
 C1.4.5 By 3:30 p.m. Frankfurt time on CREATION T+2, Euro in the amount needed to acquire the Shares
must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Shares on CREATION T+2. 
 C1.4.6
An Authorized Participant may only deliver Euro for credit to the Depository via SWIFT BIC – CHASGB2L, or another method acceptable to the Depository. 

C1.4.7 Prior to the delivery of the Baskets by the Trustee on CREATION T+2, the Authorized Participant must accept a DTC SPO Charge for the
applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling pursuant to supplemental procedures to be issued, but in any event the Authorized
Participant will remain obligated to the Trustee for the Transaction Fees. 
 C1.5 NOTES FOR TRUSTEE (CREATION T) 

C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the Trustee’s electronic order
entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Euro that must be deposited in the Deposit Account no later than 3:30 p.m. Frankfurt time on CREATION
T+2. 
  

	C2	CREATION T+1 

 C2.1 On CREATION T+1 the Trustee notifies the Authorized Participant of the final
amount of Euro that must be deposited in the Deposit Account (the “Basket Euro Amount”) no later than 3:30 p.m. Frankfurt time on CREATION T+2 for creation of the Baskets on that day. 

C2.2 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message (SWIFT MT210) to the
Depository indicating the total Euro amount that the Depository will receive from the Authorized Participant on CREATION T+2. 

  
 38 

	C3	CREATION T+2 

 C3.1 By 3:30 p.m. Frankfurt time (usually 9:30 a.m. NYC time), the Depository has
received each Authorized Participant’s wire transfer of the Basket Euro Amount in the Deposit Account. 
 C3.2 As of 3:30 p.m.
Frankfurt time, the Depository notifies the Trustee that the Basket Euro Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 

C3.3 Prior to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant
(SPO DTC Charge). 
 C3.4 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket
Euro Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the Basket
Euro Amount. 
 C3.5 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Euro
Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares outstanding accordingly. By 11:00 a.m. NYC
time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases the number of Shares outstanding, and notifies the
Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.6 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now
outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom
the Trustee has received confirmation from the Depository that the Basket Euro Amount has been received into the Deposit Account. 
 C3.7
Following the close of business (usually 4:00 p.m. Frankfurt time) on CREATION T+2, the Depository makes appropriate entries in its books and records to reflect the creation of Baskets. 

C3.8 Following the close of business (usually 4:00 p.m. Frankfurt time) on CREATION T+2, the Depository Euro system updates account
records, recording the movements of Euro in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Frankfurt time) on CREATION T+2. 

C3.9 Following the close of business (usually 4:00 p.m. Frankfurt time) on CREATION T+2, the Depository Euro system automatically
generates authenticated electronic messages constituting a statement of the activity affecting the Deposit Account (SWIFT MT940 or SWIFT MT950), (received only by the Trustee). 

C3.10 If the Authorized Participant fails to deliver Euro by 3:30 p.m. Frankfurt time on CREATION T+2, (a) the Trustee will apply a late fee
equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices, payable by the Authorized Participant. 

In the event any such late fees are assessed, the Trustee will coordinate with the Authorized Participant to arrange payment of such fees.

 Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements.

  
 39 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), and a Basket is redeemed by 3:30 p.m. Frankfurt time (usually 9:30 a.m. NYC time) on the second Business Day following REDEMPTION T, unless that day is not a Local Business Day, in which case redemption
of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the
Trustee will instruct the Depository to transfer to the Authorized Participant Euro corresponding to the Shares delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1 By the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or
more Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1 The Authorized Participant
submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted
from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth below. 

R1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the Trustee that the Authorized Participant wishes
to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

R1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process the Redemption Order(s) if
the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time as applicable, even though the remainder of the
order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

R1.1.4 Redemption Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, are rejected. 
 R1.1.5 During the phone call from the Authorized Person of
the Authorized Participant to initiate a Redemption Order, the Trustee will give an order number for the Authorized Participant’s Redemption Order. 

R1.1.6 Within 15 minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the
Trustee using the Redemption Order Form included as part of the Participant Agreement. 
 R1.1.7 The Redemption Order Form provides, among
other things, for the number of Baskets that the Authorized Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO DTC Charge prior to the delivery of the Euro to the
Authorized Participant on REDEMPTION T+2. 
 R1.1.8 If the Trustee has not received the Redemption Order Form from the Authorized
Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the
Redemption Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 40 

 R1.2 If the Trustee has received the Authorized Participant’s Redemption Order Form on time
in accordance with the preceding timing rules, then, by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed subject to receipt of
Transaction Fees prior to delivery of the Euro on REDEMPTION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Euro the Participant will receive upon redemption of the indicated Basket(s). 

R1.3 For each Redemption Order, the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository indicating the amount of
Euro to transfer from the Deposit Account by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) to the Authorized Participant’s designated account by 3:30 p.m. Frankfurt time (usually 9:30 a.m. NYC
time) on REDEMPTION T+2. 
 R1.4 NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.4.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 after confirming
the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.4.2 If an Authorized Participant has placed its
Redemption Order with the Trustee on REDEMPTION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Euro to
be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1 On REDEMPTION T+1 the Trustee notifies the Authorized Participant of the
final amount of Euro the Authorized Participant will receive upon redemption of the Basket(s) on Redemption T+2 (the “Basket Euro Amount”). 
  

	R3	REDEMPTION T+2 

 R3.1 Prior to the delivery of the Basket Euro Amount on REDEMPTION T+2, the
Trustee must have received the Transaction Fees from the Authorized Participant (SPO DTC Charge). 
 R3.2 By 9:00 a.m. NYC time (usually
3:00 p.m. Frankfurt time), the Authorized Participant delivers free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk ((718) 315-7500) to expect the Authorized Participant’s Shares through DTC. 
 R3.2.1 By 9:00 a.m. NYC time
(usually 3:00 p.m. Frankfurt time), the Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R3.2.2 By 9:00 a.m. NYC time (usually 3:00 p.m. Frankfurt time), if the Shares being redeemed by the Authorized Participant have been received
into the Trustee’s participant account at DTC, then the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s Shares and identifies the
Authorized Participant from whom the Shares have been received. 
 R3.2.3 By 9:00 a.m. NYC time (usually 3:00 p.m. Frankfurt time), if the
Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, then the Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the Authorized
Participant, and identifies the Authorized Participant from whom Shares have not been received. 
 R3.3 By 9:30 a.m. NYC time (usually 3:30
p.m. Frankfurt time), the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Euro Amount to the accounts of those Authorized Participants from whom the Trustee has
received Shares. The Euro will be sent to the designated accounts by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository). 

  
 41 

 R3.4 As of 3:30 p.m. Frankfurt time (usually 9:30 a.m. NYC time), following the receipt of the
authenticated confirmatory electronic message from the Trustee, the Depository executes the instructions from the Trustee to wire the Basket Euro Amount from the Trust Account and to transfer the Basket Euro Amount to the Authorized
Participant’s designated account. 
 R3.4.1 By DTC free delivery cut-off time (usually 3:00
p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to cancel Shares received for redemption. 

R3.4.2 By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s transfer
agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.5 Following the close of business (usually 4:00 p.m. Frankfurt time) on REDEMPTION T+2, the Depository makes the appropriate entries in its
books and records to reflect the redemptions. 
 R3.6 Following the close of business (usually 4:00 p.m. Frankfurt time) on REDEMPTION T+2,
the Depository Euro system updates its account records, recording the movements of Euro in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Frankfurt time) on
REDEMPTION T+2. 
 R3.7 Following the close of business (usually 4:00 p.m. Frankfurt time) on REDEMPTION T+2, the Depository Euro system
automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements.

  
 42 

 ATTACHMENT A – FXY 

CREATION AND REDEMPTION OF JAPANESE YEN SHARES AND RELATED JAPANESE YEN TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of Japanese Yen Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the
CurrencyShares® Japanese Yen Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a
“Basket”). Because the issuance and redemption of Baskets also involve the transfer of Japanese Yen between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Japanese Yen also are
described. 
 Under these Procedures, Baskets may be issued only in consideration for Japanese Yen transferred to and held in the Trust’s accounts
maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in the
Depositary Trust Agreement, dated as of February 1, 2007, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from
time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee. 

For purposes of these Procedures, a “NY Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day on
which the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day
which has been designated a bank holiday in Japan. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Sponsor to each
Authorized Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Trustee in
exchange for Japanese Yen, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per order transaction
fee of $500 to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Japanese Yen and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption
Order(s) (each as defined herein and, together, “Orders”) for Baskets. 

  
 43 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 44 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the NY Business Day that is
the Order Date under the Trust Agreement (“CREATION T”), on the next NY Business Day following CREATION T that is also a Local Business Day (“CREATION T+1”), the Trustee notifies the Authorized Participant and the
Depository of the amount of Japanese Yen to be transferred to the Trust and the Authorized Participant transfers such amount to the Depository and a Basket is created on the next NY Business Day following CREATION T+1, unless the Trustee has not
received confirmation of the receipt of the Basket Japanese Yen Amount (as defined herein) on such day, in which case creation of the Basket shall be the next following day that is both a New York Business Day and a Local Business Day
(“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the Trust Japanese Yen and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust
Company (“DTC”) Baskets corresponding to the Japanese Yen the Participant has transferred to the Trust. 
  

	C1	CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1 By the 4:00 p.m. NYC time (the “Order Cut-Off Time”), or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off Time”), the Authorized Participant
submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1 The Authorized Participant (“AP”) submitting an order to create shall submit such orders containing the information required
by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms and
conditions; or (b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below. 

C1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the Trustee that the Authorized Participant wishes
to place a Purchase Order for the Trustee to create an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

C1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process Purchase Orders if the phone
call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though the remainder of the order
process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4 Purchase Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable will be rejected. 
 C1.1.5 During the phone call from the Authorized Person
of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6 Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the Purchase Order to the
Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7 The Purchase Order Form provides, among other
things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION
T+2. 

  
 45 

 C1.1.8 If the Trustee has not received the Purchase Order Form from the Authorized Participant
within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Purchase Order
Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

C1.2 If the Trustee has received the Authorized Participant’s Purchase Order Form on time in accordance with the preceding timing rules,
then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior to delivery of Baskets on CREATION T+2”
and indicating, on a preliminary basis subject to confirmation, the number of Japanese Yen the Authorized Participant must transfer in exchange for the Basket(s). 

C1.3 The Authorized Participant ensures that by 3:30 p.m. NYC time on CREATION T+1 (usually 4:30 a.m. the following day Tokyo time),
sufficient Japanese Yen are wire transferred to the Depository. 
 C1.4 NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1 The Authorized Participant must be a participating member of DTC. 

C1.4.2 The Authorized Participant must be able to transfer Japanese Yen via SWIFT BIC – CHASGB2L, or another method acceptable to the
Depository.. 
 C1.4.3 The Authorized Participant must have signed and delivered the Participant Agreement to the Trustee. The Trustee will
accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation of Authorized Participants. 

C1.4.4 The Authorized Participant must have in place, before a Purchase Order can be processed, account instructions for Japanese Yen
transfers with its sending financial institution. 
 C1.4.5 By 3:30 p.m. NYC time on CREATION T+1 (usually 4:30 a.m. the following day Tokyo
time), Japanese Yen in the amount needed to acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Baskets on CREATION T+2. 

C1.4.6 An Authorized Participant may only deliver Japanese Yen for credit to the Depository via SWIFT BIC – CHASGB2L, or another method
acceptable to the Depository. 
 C1.4.7 Prior to the delivery of the Baskets by the Trustee on CREATION T+2, the Authorized Participant must
accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling pursuant to supplemental procedures to be issued, but in
any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 
 C1.5 NOTES FOR TRUSTEE (CREATION T)

 C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the Trustee’s electronic
order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Japanese Yen that must be deposited in the Deposit Account no later than 3:30 p.m. NYC time on
CREATION T+1 (usually 4:30 a.m. the following day Tokyo time). 
  

	C2	CREATION T+1 

 C2.1 On CREATION T+1 the Trustee notifies the Authorized Participant of the final
amount of Japanese Yen that must be deposited in the Deposit Account (the “Basket Japanese Yen Amount”) not later than 3:30 p.m. NYC time on CREATION T+1 (usually 4:30 a.m. the following day Tokyo time) for the creation of Baskets
on CREATION T+2. 

  
 46 

 C2.2 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an
authenticated electronic message (SWIFT MT210) to the Depository indicating the total amount of Japanese Yen that the Depository will receive from the Authorized Participant on CREATION T+1. 

C2.3 By 3:30 p.m. NYC time (usually 4:30 a.m. the following day Tokyo time), the Depository has received each Authorized Participant’s
wire transfer of the Basket Japanese Yen Amount in the Deposit Account. 
  

	C3	CREATION T+2 

 C3.1 As of 9:00 a.m. NYC time, the Depository notifies the Trustee that the
Basket Japanese Yen Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 
 C3.2 Prior
to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

C3.3 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Japanese Yen Amount to
the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the Basket Japanese Yen
Amount. 
 C3.4 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket Japanese
Yen Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares outstanding accordingly. By 11:00 a.m.
NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases the number of Shares outstanding, and notifies
the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.5 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now
outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom
the Trustee has received confirmation from the Depository that the Basket Japanese Yen Amount has been received into the Deposit Account. 

C3.6 Following the close of business (usually 4:00 p.m. Tokyo time) on CREATION T+2, the Depository makes appropriate entries in its books and
records to reflect the creation of Baskets. 
 C3.7 Following the close of business (usually 4:00 p.m. Tokyo time) on CREATION T+2, the
Depository Japanese Yen system updates account records, recording the movements of Japanese Yen in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Tokyo time) on
CREATION T+2. 
 C3.8 Following the close of business (usually 4:00 p.m. Tokyo time) on CREATION T+2, the Depository Japanese Yen system
automatically generates authenticated electronic messages (SWIFT MT940 or SWIFT MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

C3.9 If the Authorized Participant fails to deliver Japanese Yen by 3:30 p.m. NYC time on CREATION T+1, (a) the Trustee will apply a late fee
equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices, payable by the Authorized Participant. 

  
 47 

 In the event any such late fees are assessed, the Trustee will coordinate with the Authorized
Participant to arrange payment of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject
to change based on depository requirements. 

  
 48 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the NY Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), Baskets to be redeemed are delivered to the Trustee by 3:00 p.m. NYC time (usually 4:00 a.m. the following day Tokyo time) on the first NY Business Day following REDEMPTION T, unless that day is not a
Local Business Day, in which case Baskets shall be delivered the next following day that is both a New York Business Day and a Local Business Day (“REDEMPTION T+1”) and the Authorized Participant receives the corresponding Japanese
Yen on the next NY Business Day that is also a Local Business Day following REDEMPTION T+1 (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the Trustee
will instruct the Depository to transfer to the Authorized Participant Japanese Yen corresponding to the Baskets delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1 By the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or
more Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1 The Authorized Participant
submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted
from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth below. 

R1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500 notifying the Trustee that the Authorized Participant wishes to
place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

R1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process the Redemption Order(s) if
the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time as applicable, even though the remainder of the
order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

R1.1.4 Redemption Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, are rejected. 
 R1.1.5 During the phone call from the Authorized Person of
the Authorized Participant to initiate a Redemption Order, the Trustee will give an order number for the Authorized Participant’s Redemption Order. 

R1.1.6 Within 15 minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the
Trustee using the Redemption Order Form included as part of the Participant Agreement. 
 R1.1.7 The Redemption Order Form provides, among
other things, for the number of Baskets that the Authorized Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge on REDEMPTION T+2 prior to the delivery
of the Japanese Yen to the Authorized Participant. 
 R1.1.8 If the Trustee has not received the Redemption Order Form from the Authorized
Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the
Redemption Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 49 

 R1.2 If the Trustee has received the Authorized Participant’s Redemption Order Form on time
in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed subject to receipt of
Transaction Fees on REDEMPTION T+2 prior to delivery of the Japanese Yen” and indicating, on a preliminary basis subject to confirmation, the number of Japanese Yen the Participant will receive upon redemption of the indicated Basket(s) of
Shares. 
 R1.3 NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.3.1 The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1 only after confirming
the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.3.2 If an Authorized Participant has placed its
Redemption Order with the Trustee on REDEMPTION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Japanese
Yen to be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1 On REDEMPTION T+1 the Trustee notifies the Authorized Participant of the
final amount of Japanese Yen that will be delivered to the Authorized Participant on REDEMPTION T+2 (the “Basket Japanese Yen Amount”). 

R2.2 Prior to the delivery of instructions from the Trustee to the Depository directing the Depository to transfer the Basket Japanese Yen
Amount on REDEMPTION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 
 R2.3 By
3:00 p.m. NYC time (usually 4:00 a.m. the following day Tokyo time), the Authorized Participant delivers free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the
Trustee’s DTC operations desk (718) 315-7500 to expect the Authorized Participant’s Shares through DTC. 

R2.3.1 By 3:00 p.m. NYC time (usually 4:00 a.m. the following day Tokyo time), the Trustee’s DTC operations desk notifies the Trustee
whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R2.3.2 By 3:00 p.m. NYC time (usually 4:00 a.m. the following day Tokyo time), if the Shares being redeemed by the Authorized Participant have
been received into the Trustee’s participant account at DTC, the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s Shares and identifies
the Authorized Participant from whom the Shares have been received. 
 R2.3.3 By 3:00 p.m. NYC time (usually 4:00 a.m. the following day
Tokyo time), if the Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, the Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the
Authorized Participant, and identifies the Authorized Participant from whom Shares have not been received. 
 R2.4 By 3:30 p.m. NYC time
(usually 4:30 a.m. the following day Tokyo time), the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Japanese Yen Amount to the accounts of those Authorized
Participants from whom the Trustee has received Shares. 

  
 50 

	R3	REDEMPTION T+2 

 R3.1 On REDEMPTION T+2, the Depository executes the instructions from the
Trustee to wire the Basket Japanese Yen Amount from the Trust Account and to transfer the Basket Japanese Yen Amount to the Authorized Participant’s designated account. The Japanese Yen will be sent to the designated accounts by wire (RTGSplus,
EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) SWIFT BIC – CHASGB2L. 
 R3.1.1 By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to eliminate Shares received for redemption. 

R3.1.2 By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s transfer
agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.2 Following the close of business (usually 4:00 p.m. Tokyo time) on REDEMPTION T+2, the Depository makes the appropriate entries in its
books and records to reflect the redemptions. 
 R3.3 Following the close of business (usually 4:00 p.m. Tokyo time) on REDEMPTION T+2, the
Depository Japanese Yen system updates its account records, recording the movements of Japanese Yen in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Tokyo time) on
REDEMPTION T+2. 
 R3.4 Following the close of business (usually 4:00 p.m. Tokyo time) on REDEMPTION T+2, the Depository Japanese Yen
system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements.

  
 51 

 ATTACHMENT A – FXSG 

CREATION AND REDEMPTION OF SINGAPORE DOLLAR SHARES AND 

RELATED SINGAPORE DOLLAR TRANSACTIONS 

Scope of Procedures and Overview 
 These procedures (the
“Procedures”) describe the processes by which one or more Baskets of Singapore Dollar Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the
CurrencyShares® Singapore Dollar Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block,
a “Basket”). Because the issuance and redemption of Baskets also involve the transfer of Singapore Dollars between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Singapore Dollars
also are described. 
 Under these Procedures, Baskets may be issued only in consideration for Singapore Dollar transferred to and held in the Trust’s
accounts maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in
the Depositary Trust Agreement, dated as of August 7, 2008, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners
from time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee. 

For purposes of these Procedures, a “NY Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day on
which the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day
which has been designated a bank holiday in Singapore. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Sponsor to each
Authorized Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Trustee in
exchange for Singapore Dollar, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per order
transaction fee of $500 to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	2	 	$500
	3	 	$1,000
	4	 	$1,500
	5 or more	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Singapore Dollars and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption Order(s)
(each as defined herein and, together, “Orders”) for Baskets. 

  
 52 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 53 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the NY Business Day that is
the Order Date under the Trust Agreement (“CREATION T”), on the next NY Business Day that is also a Local Business Day (“CREATION T+1”), the Trustee notifies the Authorized Participant and the Depository of the
amount of Singapore Dollars to be transferred to the Trust and the Authorized Participant transfers such amount to the Depository and a Basket is created on the next NY Business Day following CREATION T+1, unless the Trustee has not received
confirmation of the receipt of the Basket Singapore Dollar Amount (as defined herein) on such day, in which case creation of the Basket shall be the next following day that is both a New York Business Day and a Local Business Day (“CREATION
T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the Trust Singapore Dollars and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company
(“DTC”) Baskets corresponding to the Singapore Dollars the Participant has transferred to the Trust. 
  

	C1	    CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1    By
the 4:00 p.m. NYC time (the “Order Cut-Off Time”), or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off
Time”), the Authorized Participant submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1    The Authorized Participant submitting an order to create shall submit such orders containing the information
required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms
and conditions ; or (b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below.     

C1.1.2    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the Trustee that the Authorized
Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

C1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process
Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though
the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4    Purchase Orders initiated after the Order Cut-Off Time or the Early
Order Cut-Off Time, as applicable will be rejected. 
 C1.1.5     During the
phone call from the Authorized Person of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6 Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the Purchase
Order to the Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7    The
Purchase Order Form provides, among other things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge)
prior to delivery of the Baskets on CREATION T+2. 

  
 54 

 C1.1.8    If the Trustee has not received the Purchase Order Form from the
Authorized Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not
fax the Purchase Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

C1.2    If the Trustee has received the Authorized Participant’s Purchase Order Form on time in accordance with the
preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior to delivery of
Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Singapore Dollars the Authorized Participant must transfer in exchange for the Basket(s). 

C1.3    The Authorized Participant ensures that by 3:30 p.m. NYC time on CREATION T+1 (usually 3:30 a.m. the following day
Singapore time) that sufficient Singapore Dollars are wire transferred to the Depository. 
 C1.4     NOTES FOR
AUTHORIZED PARTICIPANT (CREATION T) 
 C1.4.1    The Authorized Participant must be a participating member of DTC. 

C1.4.2    The Authorized Participant must be able to transfer Singapore Dollars via SWIFT BIC – CHASGB2L, or another
method acceptable to the Depository. 
 C1.4.3    The Authorized Participant must have signed and delivered the
Participant Agreement to the Trustee. The Trustee will accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation
of Authorized Participants. 
 C1.4.4    The Authorized Participant must have in place, before a Purchase Order can be
processed, account instructions for Singapore Dollar transfers with its sending financial institution. 
 C1.4.5     By
3.30 p.m NYC time on CREATION T+1 (usually 3:30 a.m. the following day Singapore time), Singapore Dollars in the amount needed to acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to
receive Baskets on CREATION T+2. 
 C1.4.6    An Authorized Participant may only deliver Singapore Dollars for credit to
the Depository via SWIFT BIC – CHASGB2L, or another method acceptable to the Depository. 
 C1.4.7    Prior to the
delivery of the Baskets by the Trustee on CREATION T+2, the Authorized Participant must accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be
cancelled subject to handling pursuant to supplemental procedures to be issued, but in any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 

C1.5    NOTES FOR TRUSTEE (CREATION T) 

C1.5.1    If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Singapore Dollars that must be deposited in the Deposit Account no
later than 3:30 p.m. NYC time on CREATION T+1 (usually 3:30 a.m. the following day Singapore time). 
  

	C2	CREATION T+1 

 C2.1    On CREATION T+1 the Trustee notifies the Authorized
Participant of the final amount of Singapore Dollars that must be deposited in the Deposit Account (the “Basket Singapore Dollar Amount”) not later than 3:30 p.m. NYC time on CREATION T+1 (usually 3:30 a.m. the following day
Singapore time) for the creation of Baskets on T+2. 

  
 55 

 C2.2    Based on the Purchase Orders placed with it on CREATION T, the
Trustee sends an authenticated electronic message (SWIFT MT210) to the Depository indicating the total amount of Singapore Dollars that the Depository will receive from the Authorized Participant on CREATION T+1. 

C2.3    By 3:30 p.m. NYC time (usually 3:30 a.m. the following day Singapore time), the Depository has received each
Authorized Participant’s wire transfer of the Basket Singapore Dollar Amount in the Deposit Account. 
  

	C3	CREATION T+2 

 C3.1    As of 9:00 a.m. NYC time, the Depository notifies the
Trustee that the Basket Singapore Dollar Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 

C3.2    Prior to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the
Authorized Participant (SPO/DTC Charge). 
 C3.3    At 11:00 a.m. NYC time, following receipt of the notice from the
Depository confirming the transfer of the Basket Singapore Dollar Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received
confirmation from the Depository of receipt of the Basket Singapore Dollar Amount. 
 C3.4    By 11:00 a.m. NYC time,
following receipt of the notice from the Depository confirming the transfer of the Basket Singapore Dollar Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of
Baskets in the number specified, and to increase the number of Shares outstanding accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number
specified, the Trustee’s transfer agent service desk increases the number of Shares outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release
in accordance with the Trustee’s instructions. 
 C3.5    By 11:00 a.m. NYC time, following receipt of notice from
the Trustee’s transfer agent service desk that the number of Shares now outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the
Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom the Trustee has received confirmation from the Depository that the Basket Singapore Dollar Amount has been received into the Deposit Account. 

C3.6    Following the close of business (usually 4:00 p.m. Singapore time) on CREATION T+2, the Depository makes
appropriate entries in its books and records to reflect the creation of Baskets. 
 C3.7    Following the close of
business (usually 4:00 p.m. Singapore time) on CREATION T+2, the Depository Singapore Dollar system updates account records, recording the movements of Singapore Dollars in the Deposit Account and providing updated balances in the affected
accounts as of 8:30 a.m. NYC time on the first NY Business Day following the date that is the Settlement Date under the Trust Agreement. 

C3.8    Following the close of business (usually 4:00 p.m. Singapore time) on CREATION T+2, the Depository Singapore
Dollar system automatically generates authenticated electronic messages (SWIFT MT940 or SWIFT MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

C3.9 If the Authorized Participant fails to deliver Singapore Dollars by 3:30 p.m. NYC time on CREATION T+1, (a) the Trustee will apply a late
fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices, payable by the Authorized Participant. 

  
 56 

 In the event any such late fees are assessed, the Trustee will coordinate with the Authorized
Participant to arrange payment of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based
on depository requirements. 

  
 57 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the NY Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), Baskets to be redeemed are delivered to the Trustee by 3:00 p.m. NYC time (usually 3:00 a.m. the following day Singapore time) on the first NY Business Day following REDEMPTION T, unless that day is not a
Local Business Day, in which case Baskets shall be delivered the next following day that is both a New York Business Day and a Local Business Day (“REDEMPTION T+1”) and the Authorized Participant receives the corresponding Singapore
Dollars on the next NY Business Day that is also a Local Business Day following REDEMPTION T+1 (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the
Trustee will instruct the Depository to transfer to the Authorized Participant Singapore Dollars corresponding to the Baskets delivered for redemption. 
  

	R1    REDEMPTION	T (REDEMPTION ORDER TRADE DATE) 

 R1.1    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or more
Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1    The Authorized
Participant submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and
constituted from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth
below. 
 R1.1.2    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to
the Trustee. 
 R1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee
will process the Redemption Order(s) if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as
applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang
up and redial. 
 R1.1.4     Redemption Orders initiated after the Order Cut-Off
Time or the Early Order Cut-Off Time, as applicable, are rejected. 

R1.1.5    During the phone call from the Authorized Person of the Authorized Participant to initiate a Redemption Order,
the Trustee will give an order number for the Authorized Participant’s Redemption Order. 
 R1.1.6    Within 15
minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the Trustee using the Redemption Order Form included as part of the Participant Agreement. 

R1.1.7    The Redemption Order Form provides, among other things, for the number of Baskets that the Authorized
Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge on REDEMPTION T+2 prior to the delivery of the Singapore Dollars to the Authorized Participant. 

  
 58 

 R1.1.8    If the Trustee has not received the Redemption Order Form from the
Authorized Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not
fax the Redemption Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

R1.2    If the Trustee has received the Authorized Participant’s Redemption Order Form on time in accordance with the
preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed subject to receipt of Transaction Fees on REDEMPTION
T+2 prior to delivery of the Singapore Dollars” and indicating, on a preliminary basis subject to confirmation, the number of Singapore Dollars the Participant will receive upon redemption of the indicated Basket(s) of Shares. 

R1.3    NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.3.1    The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1
only after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.3.2     If
an Authorized Participant has placed its Redemption Order with the Trustee on REDEMPTION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating
the approximate total amount of Singapore Dollars to be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1    On REDEMPTION T+1 the Trustee notifies the
Authorized Participant of the final amount of Singapore Dollars that will be delivered to the Authorized Participant on REDEMPTION T+2 (the “Basket Singapore Dollar Amount”). 

R2.2    Prior to the delivery of instructions from the Trustee to the Depository directing the Depository to transfer the
Basket Singapore Dollar Amount on REDEMPTION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

R2.3    By 3:00 p.m NYC time (usually 3:00 a.m. the following day Singapore time), the Authorized Participant delivers
free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk (718) 315-7500 to expect the Authorized
Participant’s Shares through DTC. 
 R2.3.1     By 3:00 p.m. NYC time (usually 3:00 a.m. the following day
Singapore time), the Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R2.3.2    By 3:00 p.m. NYC time (usually 3:00 a.m. the following day Singapore time), if the Shares being redeemed by the
Authorized Participant have been received into the Trustee’s participant account at DTC, the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized
Participant’s Shares and identifies the Authorized Participant from whom the Shares have been received. 
 R
2.3.3    By 3:00 p.m. NYC time (usually 3:00 a.m. the following day Singapore time), if the Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, the
Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the Authorized Participant, and identifies the Authorized Participant from whom Shares have not been received. 

R2.4    By 3:30 p.m. NYC time (usually 3:30 a.m. the following day Singapore time), the Trustee sends an authenticated
electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Singapore Dollar Amount to the accounts of those Authorized Participants from whom the Trustee has received Shares. 

  
 59 

	R3	REDEMPTION T+2 

 R3.1    On REDEMPTION T+2, the Depository executes the
instructions from the Trustee to wire the Basket Singapore Dollar Amount from the Trust Account and to transfer the Basket Singapore Dollar Amount to the Authorized Participant’s designated account. The Singapore Dollars will be sent to the
designated accounts by wire SWIFT BIC – CHASGB2L, or another funds transfer method acceptable to the Depository. 

R3.1.1    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to eliminate Shares received for redemption. 

R3.1.2    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s transfer agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.2    Following the close of business (usually 4:00 p.m. Singapore time), the Depository makes the appropriate entries
in its books and records to reflect the redemptions. 
 R3.3    Following the close of business (usually 4:00 p.m.
Singapore time), the Depository Singapore Dollars system updates its account records, recording the movements of Singapore Dollars in the Deposit Account and providing updated balances in the affected accounts as of 8:30 a.m. NYC time on the
first NY Business Day following the date that is the Settlement Date under the Trust Agreement. 
 R3.4    Following the
close of business (usually 4:00 p.m. Singapore time) on REDEMPTION T+2, the Depository Singapore Dollar system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity
affecting the Deposit Account (received only by the Trustee). 
 Note: Both creation and redemption activities (delivery/receipts) time frames are
subject to change based on depository requirements. 

  
 60 

 ATTACHMENT A – FXS 

CREATION AND REDEMPTION OF SWEDISH KRONA SHARES AND RELATED 

SWEDISH KRONOR TRANSACTIONS 
 Scope of
Procedures and Overview 
 These procedures (the “Procedures”) describe the processes by which one or more Baskets of Swedish Krona
Trust shares (the “Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the CurrencyShares® Swedish Krona Trust (the
“Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a “Basket”). Because the
issuance and redemption of Baskets also involve the transfer of Swedish Kronor between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Swedish Kronor also are described. 

Under these Procedures, Baskets may be issued only in consideration for Swedish Kronor transferred to and held in the Trust’s accounts maintained in
London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in the Depositary Trust
Agreement, dated as of June 8, 2006, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of
Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee. 

For purposes of these Procedures, a “Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day on which
the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; and a “Local Business Day” is defined as any day other than (i) a Saturday or Sunday or (ii) a day which
has been designated a bank holiday in Stockholm. 
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Sponsor to each Authorized
Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Trustee in exchange for
Swedish Krona, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants will be required to pay a nonrefundable per order transaction fee of $500 to
the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an additional transaction fee, as follows: 

 

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Swedish Kronor and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption Order(s)
(each as defined herein and, together, “Orders”) for Baskets. 

  
 61 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 62 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the Business Day that is the
Order Date under the Trust Agreement (“CREATION T”), and a Basket is created by 11:00 a.m. NYC time (usually 5:00 p.m. Stockholm time) on the second Business Day following CREATION T, unless that day is not a Local Business Day, in
which case creation of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the
Trust Swedish Kronor and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company (“DTC”) Shares corresponding to the Swedish Kronor the Participant has transferred to the Trust. 

 

	C1	    CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1    By
the 4:00 p.m. NYC time (the “Order Cut-Off Time”) or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off
Time”), the Authorized Participant submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1    The Authorized Participant submitting an order to create shall submit such orders containing the information
required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms
and conditions ; or (b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below. 

C1.1.2     By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the
Trustee. 
 C1.1.3     Incoming telephone calls are queued and will be handled in the sequence received. The Trustee
will process Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable,
even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and
redial. 
 C1.1.4     Purchase Orders initiated after the Order Cut-Off Time or
the Early Order Cut-Off Time , as applicable will be rejected. 
 C1.1.5 During the phone call from
the Authorized Person of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6     Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the
Purchase Order to the Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7
    The Purchase Order Form provides, among other things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction
Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION T+2. 
 C1.1.8     If the Trustee has not received
the Purchase Order Form from the Authorized Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If
the Authorized Participant does not fax the Purchase Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the
Trustee for the Transaction Fees. 

  
 63 

 C1.2    If the Trustee has received the Authorized Participant’s
Purchase Order Form on time in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt
of the Transaction Fees prior to delivery of Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Swedish Krona the Participant must transfer in exchange for the Basket(s). 

C1.3    The Participant ensures that by 3:30 p.m. Stockholm time (usually 9:30 a.m. NYC time) on CREATION T+2, sufficient
Swedish Krona are wire transferred to the Depository. 
 C1.4     NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1    The Authorized Participant must be a participating member of DTC. 

C1.4.2    The Authorized Participant must be able to transfer Swedish Krona via SWIFT BIC – CHASGB2L, or another
method acceptable to the Depository. 
 C1.4.3    The Authorized Participant must have signed and delivered the
Participant Agreement to the Trustee. The Trustee will accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation
of Authorized Participants. 
 C1.4.4    The Authorized Participant must have in place, before a Purchase Order can be
processed, account instructions for Swedish Krona transfers with its sending financial institution. 
 C1.4.5     By
3:30 p.m. Stockholm time on CREATION T+2, Swedish Krona in the amount needed to acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Shares on CREATION T+2. 

C1.4.6    An Authorized Participant may only deliver Swedish Krona for credit to the Depository via SWIFT BIC –
CHASGB2L, or another method acceptable to the Depository. 
 C1.4.7    Prior to the delivery of the Baskets by the
Trustee on CREATION T+2, the Authorized Participant must accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling
pursuant to supplemental procedures to be issued, but in any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 

C1.5    NOTES FOR TRUSTEE (CREATION T) 

C1.5.1    If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Swedish Krona that must be deposited in the Deposit Account no later
than 3:30 p.m. Stockholm time on CREATION T+2. 
  

	C2	CREATION T+1 

 C2.1    On CREATION T+1 the Trustee notifies the Authorized
Participant of the final amount of Swedish Krona that must be deposited in the Deposit Account (the “Basket Swedish Krona Amount”) no later than 3:30 p.m. Stockholm time on CREATION T+2 for creation of the Baskets on that day. 

C 2.2    Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message
(SWIFT MT210) to the Depository indicating the total Swedish Krona amount that the Depository will receive from the Authorized Participant on CREATION T+2. 

  
 64 

	C3	CREATION T+2 

 C3.1    By 3:30 p.m. Stockholm time (usually 9:30 a.m. NYC
time), the Depository has received each Authorized Participant’s wire transfer of the Basket Swedish Krona Amount in the Deposit Account. 

C3.2    As of 3:30 p.m. Stockholm time, the Depository notifies the Trustee that the Basket Swedish Krona Amount has been
transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 
 C3.3    Prior to the
delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

C3.4    At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket
Swedish Krona Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the
Basket Swedish Krona Amount. 
 C3.5    By 11:00 a.m. NYC time, following receipt of the notice from the Depository
confirming the transfer of the Basket Swedish Krona Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number
of Shares outstanding accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases
the number of Shares outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.6    By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the
number of Shares now outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on
CREATION T+2 for whom the Trustee has received confirmation from the Depository that the Basket Swedish Krona Amount has been received into the Deposit Account. 

C3.7    Following the close of business (usually 4:00 p.m. Stockholm time) on CREATION T+2, the Depository makes
appropriate entries in its books and records to reflect the creation of Baskets. 
 C3.8    Following the close of
business (usually 4:00 p.m. Stockholm time) on CREATION T+2, the Depository Swedish Krona system updates account records, recording the movements of Swedish Krona in the Deposit Account and providing updated balances in the affected accounts
as of the close of business (usually 4:00 p.m. Stockholm time) on CREATION T+2. 
 C3.9    Following the close of
business (usually 4:00 p.m. Stockholm time) on CREATION T+2, the Depository Swedish Krona system automatically generates authenticated electronic messages constituting a statement of the activity affecting the Deposit Account (SWIFT MT940 or
SWIFT MT950), (received only by the Trustee). 
 C3.10 If the Authorized Participant fails to deliver Swedish Krona by 3:30 p.m. Stockholm
time on CREATION T+2, (a) the Trustee will apply a late fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices,
payable by the Authorized Participant. 
 In the event any such late fees are assessed, the Trustee will coordinate with the Authorized
Participant to arrange payment of such fees. 
 Note: Both creation and redemption activities (delivery/receipts) time frames are subject
to change based on depository requirements. 

  
 65 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), and a Basket is redeemed by 3:30 p.m. Stockholm time (usually 9:30 a.m. NYC time) on the second Business Day following REDEMPTION T, unless that day is not a Local Business Day, in which case redemption
of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the
Trustee will instruct the Depository to transfer to the Authorized Participant Swedish Krona corresponding to the Shares delivered for redemption. 
  

	R1    REDEMPTION	T (REDEMPTION ORDER TRADE DATE) 

 R1.1    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or more
Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1    The Authorized
Participant submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and
constituted from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth
below. 
 R1.1.2    By the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the
Trustee that the Authorized Participant wishes to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to
the Trustee. 
 R1.1.3    Incoming telephone calls are queued and will be handled in the sequence received. The Trustee
will process the Redemption Order(s) if the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time as
applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang
up and redial. 
 R1.1.4 Redemption Orders initiated after the Order Cut-Off Time
or the Early Order Cut-Off Time, as applicable, are rejected. 

R1.1.5    During the phone call from the Authorized Person of the Authorized Participant to initiate a Redemption Order,
the Trustee will give an order number for the Authorized Participant’s Redemption Order. 
 R1.1.6    Within 15
minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the Trustee using the Redemption Order Form included as part of the Participant Agreement. 

R1.1.7    The Redemption Order Form provides, among other things, for the number of Baskets that the Authorized
Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge prior to the delivery of the Swedish Krona to the Authorized Participant on REDEMPTION T+2. 

R1.1.8    If the Trustee has not received the Redemption Order Form from the Authorized Participant within 15 minutes
after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Redemption Order Form to the
Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 66 

 R1.2    If the Trustee has received the Authorized Participant’s
Redemption Order Form on time in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed
subject to receipt of Transaction Fees prior to delivery of the Swedish Krona on REDEMPTION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Swedish Krona the Participant will receive upon redemption of the
indicated Basket(s). 
 R1.3    For each Redemption Order, the Trustee sends an authenticated electronic message (SWIFT
MT202) to the Depository indicating the amount of Swedish Krona to transfer from the Deposit Account by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) to the Authorized Participant’s designated
account by 3:30 p.m. Stockholm time (usually 9:30 a.m. NYC time) on REDEMPTION T+2. 
 R1.4    NOTES FOR TRUSTEE AND
DEPOSITORY (REDEMPTION T) 
 R1.4.1    The Trustee will only deliver the authenticated electronic message (SWIFT MT202)
to the Depository on REDEMPTION T+2 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. 

R1.4.2     If an Authorized Participant has placed its Redemption Order with the Trustee on REDEMPTION T using the
Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Swedish Krona to be delivered to the Authorized Participant on
REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1    On REDEMPTION T+1 the Trustee notifies the
Authorized Participant of the final amount of Swedish Krona the Authorized Participant will receive upon redemption of the Basket(s) on Redemption T+2 (the “Basket Swedish Krona Amount”). 

 

	R3	REDEMPTION T+2 

 R3.1    Prior to the delivery of the Basket Swedish Krona
Amount on REDEMPTION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 

R3.2    By 9:00 a.m. NYC time (usually 3:00 p.m. Stockholm time), the Authorized Participant delivers free to the
Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk ((718) 315-7500) to expect the Authorized
Participant’s Shares through DTC. 
 R3.2.1 By 9:00 a.m. NYC time (usually 3:00 p.m. Stockholm time), the Trustee’s DTC operations
desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R3.2.2    By 9:00 a.m. NYC time (usually 3:00 p.m. Stockholm time), if the Shares being redeemed by the Authorized
Participant have been received into the Trustee’s participant account at DTC, then the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s
Shares and identifies the Authorized Participant from whom the Shares have been received. 
 R3.2.3    By 9:00 a.m. NYC
time (usually 3:00 p.m. Stockholm time), if the Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, then the Trustee’s operations desk notifies the Trustee that the Trustee has
not received the Shares from the Authorized Participant, and identifies the Authorized Participant from whom Shares have not been received. 

  
 67 

 R3.3    By 9:30 a.m. NYC time (usually 3:30 p.m. Stockholm time), the Trustee
sends an authenticated electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Swedish Krona Amount to the accounts of those Authorized Participants from whom the Trustee has received Shares. The Swedish
Krona will be sent to the designated accounts by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to Depository). 

R3.4    As of 3:30 p.m. Stockholm time (usually 9:30 a.m. NYC time), following the receipt of the authenticated
confirmatory electronic message from the Trustee, the Depository executes the instructions from the Trustee to wire the Basket Swedish Krona Amount from the Trust Account and to transfer the Basket Swedish Krona Amount to the Authorized
Participant’s designated account. 
 R3.4.1    By DTC free delivery cut-off
time (usually 3:00 p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to cancel Shares received for redemption. 

R3.4.2    By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the
Trustee’s transfer agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.5    Following the close of business (usually 4:00 p.m. Stockholm time) on REDEMPTION T+2, the Depository makes the
appropriate entries in its books and records to reflect the redemptions. 
 R3.6    Following the close of business
(usually 4:00 p.m. Stockholm time) on REDEMPTION T+2, the Depository Swedish Krona system updates its account records, recording the movements of Swedish Krona in the Deposit Account and providing updated balances in the affected accounts as
of the close of business (usually 4:00 p.m. Stockholm time) on REDEMPTION T+2. 
 R3.7    Following the close of
business (usually 4:00 p.m. Stockholm time) on REDEMPTION T+2, the Depository Swedish Krona system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the
Deposit Account (received only by the Trustee). 
 Note: Both creation and redemption activities (delivery/receipts) time frames are
subject to change based on depository requirements. 

  
 68 

 ATTACHMENT A – FXF 

CREATION AND REDEMPTION OF SWISS FRANC SHARES AND RELATED SWISS 

FRANC TRANSACTIONS 
 Scope of Procedures
and Overview 
 These procedures (the “Procedures”) describe the processes by which one or more Baskets of Swiss Franc Trust shares (the
“Shares”) issuable by The Bank of New York Mellon, as trustee (the “Trustee”) of the CurrencyShares® Swiss Franc Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed
by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a “Basket”). Because the issuance and redemption of Baskets also involve the transfer of Swiss Francs between the
Authorized Participant and the Trust, certain processes relating to the underlying transfers of Swiss Francs also are described. 
 Under these Procedures,
Baskets may be issued only in consideration for Swiss Francs transferred to and held in the Trust’s accounts maintained in London, England by the London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”).
Capitalized terms used in these Procedures without further definition have the meanings assigned to them in the Depositary Trust Agreement, dated as of June 8, 2006, between Rydex Specialized Products LLC, succeeded by Guggenheim Specialized
Products, LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered
into by each Authorized Participant with the Sponsor and the Trustee. 
 For purposes of these Procedures, a “Business Day” is defined as
any day other than (i) a Saturday or Sunday or (ii) a day on which the New York Stock Exchange (the “NYSE”) is not open for regular trading at noon New York City time; and a “Local Business Day” is defined
as any day other than (i) a a Saturday or Sunday or (ii) a day which has been designated a bank holiday in Zurich. 
 Baskets are issued pursuant
to the Prospectus, which will be delivered by the Sponsor to each Authorized Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets
may be issued and redeemed on any Business Day by the Trustee in exchange for Swiss Francs, which the Trustee receives from Authorized Participants or transfers to Authorized Participants, in each case on behalf of the Trust. Authorized Participants
will be required to pay a nonrefundable per order transaction fee of $500 to the Trustee. Also, in connection with each Purchase Order and Redemption Order (each as defined below) for two or more Baskets, the Authorized Participant shall pay an
additional transaction fee, as follows: 
  

			
	 Baskets Created or Redeemed Per Order
	 	 Additional Transaction Fee

	 2
	 	$500
	 3
	 	$1,000
	 4
	 	$1,500
	 5 or more
	 	$2,000

 The additional transaction fee described above shall be remitted to the Authorized Participant to the Trustee in accordance
with these Procedures. The Trustee shall then remit payment of the additional transaction fee to the Sponsor. The fees described above shall collectively be referred to herein as “Transaction Fees”. 

Authorized Participants and the Trust Transfer Swiss Francs and Baskets 

Upon acceptance of the Participant Agreement by the Sponsor and the Trustee, the Trustee will assign a personal identification number (a
“PIN”) to each person authorized to act for the Authorized Participant (an “Authorized Person”). This will allow the Authorized Participant through its Authorized Person(s) to place Purchase Order(s) or Redemption Order(s)
(each as defined herein and, together, “Orders”) for Baskets. 

  
 69 

 Important Notes: 

Any Order is subject to rejection by the Trustee for the reasons set forth in the Trust Agreement. 

All Orders are subject to the provisions of the Participant Agreement relating to unclear or ambiguous instructions. 

  
 70 

 CREATION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are created. In summary, an order to purchase one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. New York City (“NYC”) time on the Business Day that is the
Order Date under the Trust Agreement (“CREATION T”), and a Basket is created by 11:00 a.m. NYC time (usually 5:00 p.m. Zurich time) on the second Business Day following CREATION T, unless that day is not a Local Business Day, in
which case creation of the Basket shall be the next following day that is both a Business Day and a Local Business Day (“CREATION T+2”). In order for the creation of a Basket to occur, the Authorized Participant must transfer to the
Trust Swiss Francs and the Trustee will transfer to the Authorized Participant’s account at The Depository Trust Company (“DTC”) Shares corresponding to the Swiss Francs the Participant has transferred to the Trust. 

 

	C1	CREATION T (PURCHASE ORDER TRADE DATE) 

 C1.1 By the 4:00 p.m. NYC time (the “Order Cut-Off Time”) or by 12:00 p.m. NYC time on the monthly dividend declaration date (the “Early Order Cut-Off Time”), the Authorized Participant
submits to the Trustee the Authorized Participant’s order to create one or more Baskets (a “Purchase Order”) in accordance with the following process. 

C1.1.1 The Authorized Participant submitting an order to create shall submit such orders containing the information required by the Trustee in
the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted from time to time, the use of which shall be subject to the Order Entry System terms and conditions; or
(b) by telephone to the Trustee’s Transfer Agent Representative according to the procedures set forth below. 
 C1.1.2 By the
Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at
718-315-7500, notifying the Trustee that the Authorized Participant wishes to place a Purchase Order for the Trustee to create an identified number of Baskets and
requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 
 C1.1.3
Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process Purchase Orders if the phone call initiated by the Authorized Person is placed before the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, even though the remainder of the order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

C1.1.4 Purchase Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable will be rejected. 
 C1.1.5 During the phone call from the Authorized Person
of the Authorized Participant to initiate a Purchase Order, the Trustee will give an order number for the Authorized Participant’s Purchase Order. 

C1.1.6 Within 15 minutes after receiving the order number from the Trustee, the Authorized Participant will fax the Purchase Order to the
Trustee using the Purchase Order Form included as part of the Participant Agreement. 
 C1.1.7 The Purchase Order Form provides, among other
things, for the number of Baskets that the Authorized Participant is ordering and the condition that the Purchase Order is subject to the Trustee’s receipt of the Transaction Fees (by DTC SPO Charge) prior to delivery of the Baskets on CREATION
T+2. 
 C1.1.8 If the Trustee has not received the Purchase Order Form from the Authorized Participant within 15 minutes after the
Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the Purchase Order Form to the Trustee within
15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 71 

 C1.2 If the Trustee has received the Authorized Participant’s Purchase Order Form on time in
accordance with the preceding timing rules, then by 5:00 p.m. NYC time on CREATION T, the Trustee will return to the Participant a copy of the Purchase Order Form submitted, marking it “Affirmed subject to receipt of the Transaction Fees prior
to delivery of Baskets on CREATION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Swiss Francs the Participant must transfer in exchange for the Basket(s). 

C1.3 The Participant ensures that by 3:30 p.m. Zurich time (usually 9:30 a.m. NYC time) on CREATION T+2, sufficient Swiss Francs are wire
transferred to the Depository. 
 C1.4 NOTES FOR AUTHORIZED PARTICIPANT (CREATION T) 

C1.4.1 The Authorized Participant must be a participating member of DTC. 

C1.4.2 The Authorized Participant must be able to transfer Swiss Francs via SWIFT BIC – CHASGB2L, or another method acceptable to the
Depository. 
 C1.4.3 The Authorized Participant must have signed and delivered the Participant Agreement to the Trustee. The Trustee will
accept an Authorized Participant based on the representations made by the Authorized Participant in the Participant Agreement. The Trustee will not perform other due diligence or investigation of Authorized Participants. 

C1.4.4 The Authorized Participant must have in place, before a Purchase Order can be processed, account instructions for Swiss Francs
transfers with its sending financial institution. 
 C1.4.5 By 3:30 p.m. Zurich time on CREATION T+2, Swiss Francs in the amount needed to
acquire the Shares must be standing to the credit of the Deposit Account in order for the Authorized Participant to receive Shares on CREATION T+2. 

C1.4.6 An Authorized Participant may only deliver Swiss Francs for credit to the Depository via SWIFT BIC – CHASGB2L, or another method
acceptable to the Depository. 
 C1.4.7 Prior to the delivery of the Baskets by the Trustee on CREATION T+2, the Authorized Participant must
accept a DTC SPO Charge for the applicable Transaction Fees from the Trustee. Purchase Orders for which the Trustee has not received the Transaction Fees will be cancelled subject to handling pursuant to supplemental procedures to be issued, but in
any event the Authorized Participant will remain obligated to the Trustee for the Transaction Fees. 
 C1.5 NOTES FOR TRUSTEE (CREATION T)

 C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the Trustee’s electronic
order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Swiss Francs that must be deposited in the Deposit Account no later than 3:30 p.m. Zurich time
on CREATION T+2. 
  

	C2	CREATION T+1 

 C2.1 On CREATION T+1 the Trustee notifies the Authorized Participant of the final
amount of Swiss Francs that must be deposited in the Deposit Account (the “Basket Swiss Francs Amount”) no later than 3:30 p.m. Zurich time on CREATION T+2 for creation of the Baskets on that day. 

C2.2 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message (SWIFT MT210) to the
Depository indicating the total Swiss Franc amount that the Depository will receive from the Authorized Participant on CREATION T+2. 

  
 72 

	C3	CREATION T+2 

 C3.1 By 3:30 p.m. Zurich time (usually 9:30 a.m. NYC time), the Depository has
received each Authorized Participant’s wire transfer of the Basket Swiss Francs Amount in the Deposit Account. 
 C3.2 As of 3:30 p.m.
Zurich time, the Depository notifies the Trustee that the Basket Swiss Francs Amount has been transferred into the Deposit Account by an authenticated electronic message (SWIFT MT910). 

C3.3 Prior to the delivery of the Baskets on CREATION T+2, the Trustee must have received the Transaction Fees from the Authorized Participant
(SPO/DTC Charge). 
 C3.4 At 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of the Basket
Swiss Francs Amount to the Deposit Account, the Trustee authorizes the creation and issuance of the Baskets ordered by each Authorized Participant on CREATION T for which the Trustee has received confirmation from the Depository of receipt of the
Basket Swiss Francs Amount. 
 C3.5 By 11:00 a.m. NYC time, following receipt of the notice from the Depository confirming the transfer of
the Basket Swiss Francs Amount to the Deposit Account, the Trustee notifies its transfer agent service desk that it has authorized the creation and issuance of Baskets in the number specified, and to increase the number of Shares outstanding
accordingly. By 11:00 a.m. NYC time, following receipt of the notice from the Trustee that it has authorized the creation and issuance of Shares in the number specified, the Trustee’s transfer agent service desk increases the number of Shares
outstanding, and notifies the Trustee and the Trustee’s DTC operations desk that an increased number of Shares is now outstanding and available for release in accordance with the Trustee’s instructions. 

C3.6 By 11:00 a.m. NYC time, following receipt of notice from the Trustee’s transfer agent service desk that the number of Shares now
outstanding has been increased, the Trustee notifies its DTC operations desk to release the increased number of Shares through DTC to the DTC participant accounts of the Authorized Participants scheduled to receive Baskets on CREATION T+2 for whom
the Trustee has received confirmation from the Depository that the Basket Swiss Francs Amount has been received into the Deposit Account. 

C3.7 Following the close of business (usually 4:00 p.m. Zurich time) on CREATION T+2, the Depository makes appropriate entries in its books
and records to reflect the creation of Baskets. 
 C3.8 Following the close of business (usually 4:00 p.m. Zurich time) on CREATION T+2, the
Depository Swiss Francs system updates account records, recording the movements of Swiss Francs in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Zurich time) on
CREATION T+2. 
 C3.9 Following the close of business (usually 4:00 p.m. Zurich time) on CREATION T+2, the Depository Swiss Francs system
automatically generates authenticated electronic messages constituting a statement of the activity affecting the Deposit Account (SWIFT MT940 or SWIFT MT950), (received only by the Trustee). 

C3.10 If the Authorized Participant fails to deliver Swiss Francs by 3:30 p.m. Zurich time on CREATION T+2, (a) the Trustee will apply a late
fee equal to four (4) times the creation charge; and (b) the Depository may, in its reasonable discretion, apply a late fee calculated in accordance with standard industry practices, payable by the Authorized Participant. 

In the event any such late fees are assessed, the Trustee will coordinate with the Authorized Participant to arrange payment of such fees.

 Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements. 

  
 73 

 REDEMPTION PROCESS 

OVERVIEW 
 The following
describes the process by which Baskets are redeemed. In summary, an order to redeem one or more Baskets is placed by an Authorized Participant with the Trustee by 4:00 p.m. NYC time on the Business Day that is the Order Date under the Trust
Agreement (“REDEMPTION T”), and a Basket is redeemed by 3:30 p.m. Zurich time (usually 9:30 a.m. NYC time) on the second Business Day following REDEMPTION T, unless that day is not a Local Business Day, in which case redemption of
the Basket shall be the next following day that is both a Business Day and a Local Business Day (“REDEMPTION T+2”). In order for the redemption of a Basket to occur, the Authorized Participant must pay a transaction fee and the
Trustee will instruct the Depository to transfer to the Authorized Participant Swiss Francs corresponding to the Shares delivered for redemption. 
  

	R1	REDEMPTION T (REDEMPTION ORDER TRADE DATE) 

 R1.1 By the Order
Cut-Off Time or the Early Order Cut-Off Time, as applicable, the Authorized Participant submits to the Trustee the Authorized Participant’s order to redeem one or
more Baskets (a “Redemption Order”) in accordance with the following process. 
 R1.1.1 The Authorized Participant
submitting an order to redeem shall submit such requests containing the information required by the Trustee in the following manner: (a) through the Trustee’s electronic order entry system, as such may be made available and constituted
from time to time, the use of which shall be subject to the terms and conditions in the Electronic Service Agreement; or (b) by telephone to the Trustee’s Transfer Agent Representative, according to the procedures set forth below. 

R1.1.2 By the Order Cut-Off Time or the Early Order Cut-Off
Time, as applicable, an Authorized Person of the Authorized Participant calls the Trustee at 718-315-7500, notifying the Trustee that the Authorized Participant wishes
to place a Redemption Order for the Trustee to redeem an identified number of Baskets and requesting that the Trustee provide an order number. The Authorized Person provides a PIN as identification to the Trustee. 

R1.1.3 Incoming telephone calls are queued and will be handled in the sequence received. The Trustee will process the Redemption Order(s) if
the phone call initiated by the Authorized Person is placed before the Order Cut-Off Time or the Early Order Cut-Off Time as applicable, even though the remainder of the
order process is not completed until after the Order Cut-Off Time or the Early Order Cut-Off Time. Accordingly, do not hang up and redial. 

R1.1.4 Redemption Orders initiated after the Order Cut-Off Time or the Early Order Cut-Off Time, as applicable, are rejected. 
 R1.1.5 During the phone call from the Authorized Person of
the Authorized Participant to initiate a Redemption Order, the Trustee will give an order number for the Authorized Participant’s Redemption Order. 

R1.1.6 Within 15 minutes after the phone call initiating the Redemption Order, the Authorized Participant will fax the Redemption Order to the
Trustee using the Redemption Order Form included as part of the Participant Agreement. 
 R1.1.7 The Redemption Order Form provides, among
other things, for the number of Baskets that the Authorized Participant is redeeming and the condition that the Redemption Order is subject to Trustee’s receipt of the Transaction Fees by SPO/DTC Charge prior to the delivery of the Swiss Francs
to the Authorized Participant on REDEMPTION T+2. 
 R1.1.8 If the Trustee has not received the Redemption Order Form from the Authorized
Participant within 15 minutes after the Authorized Person placed the phone call to the Trustee, the Trustee places a phone call to the Authorized Participant to inquire about the status of the order. If the Authorized Participant does not fax the
Redemption Order Form to the Trustee within 15 minutes after the Trustee’s phone call, the Authorized Participant’s order is cancelled, but the Authorized Participant will remain liable to the Trustee for the Transaction Fees. 

  
 74 

 R1.2 If the Trustee has received the Authorized Participant’s Redemption Order Form on time
in accordance with the preceding timing rules, then by 5:00 p.m. NYC time on REDEMPTION T, the Trustee will return to the Authorized Participant a copy of the Redemption Order Form submitted, marking it “Affirmed subject to receipt of
Transaction Fees prior to delivery of the Swiss Francs on REDEMPTION T+2” and indicating, on a preliminary basis subject to confirmation, the number of Swiss Francs the Participant will receive upon redemption of the indicated Basket(s). 

R1.3 For each Redemption Order, the Trustee sends an authenticated electronic message (SWIFT MT202) to the Depository indicating the amount of
Swiss Francs to transfer from the Deposit Account by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository) to the Authorized Participant’s designated account by 3:30 p.m. Zurich time (usually 9:30
a.m. NYC time) on REDEMPTION T+2. 
 R1.4 NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T) 

R1.4.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 after confirming
the Trustee’s receipt of Shares from the Authorized Participant through DTC. 
 R1.4.2 If an Authorized Participant has placed its
Redemption Order with the Trustee on CREATION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Swiss
Francs to be delivered to the Authorized Participant on REDEMPTION T+2. 
  

	R2	REDEMPTION T+1 

 R2.1 On REDEMPTION T+1 the Trustee notifies the Authorized Participant of the
final amount of Swiss Francs the Authorized Participant will receive upon redemption of the Basket(s) on Redemption T+2 (the “Basket Swiss Francs Amount”). 
  

	R3	REDEMPTION T+2 

 R3.1 Prior to the delivery of the Basket Swiss Francs Amount on REDEMPTION T+2,
the Trustee must have received the Transaction Fees from the Authorized Participant (SPO/DTC Charge). 
 R3.2 By 9:00 a.m. NYC time (usually
3:00 p.m. Zurich time), the Authorized Participant delivers free to the Trustee’s participant account at DTC (#2209) the Shares to be redeemed. The Authorized Participant telephones the Trustee’s DTC operations desk ((718) 315-7500) to expect the Authorized Participant’s Shares through DTC. 
 R3.2.1 By 9:00 a.m. NYC time
(usually 3:00 p.m. Zurich time), the Trustee’s DTC operations desk notifies the Trustee whether the Shares being redeemed by the Authorized Participant have been received into the Trustee’s participant account at DTC. 

R3.2.2 By 9:00 a.m. NYC time (usually 3:00 p.m. Zurich time), if the Shares being redeemed by the Authorized Participant have been received
into the Trustee’s participant account at DTC, then the Trustee’s DTC operations desk accepts the Shares to be redeemed, notifies the Trustee that the Trustee has received the Authorized Participant’s Shares and identifies the
Authorized Participant from whom the Shares have been received. 
 R3.2.3 By 9:00 a.m. NYC time (usually 3:00 p.m. Zurich time), if the
Shares of a redeeming Authorized Participant have not been received into the Trustee’s participant account at DTC, then the Trustee’s operations desk notifies the Trustee that the Trustee has not received the Shares from the Authorized
Participant, and identifies the Authorized Participant from whom Shares have not been received. 

  
 75 

 R3.3 By 9:30 a.m. NYC time (usually 3:30 p.m. Zurich time), the Trustee sends an authenticated
electronic message (SWIFT MT202) to the Depository directing the Depository to transfer the Basket Swiss Francs Amount to the accounts of those Authorized Participants from whom the Trustee has received Shares. The Swiss Francs will be sent to the
designated accounts by wire (RTGSplus, EBA EURO1, TARGET, or another funds transfer method acceptable to the Depository). 
 R3.4 As of 3:30
p.m. Zurich time (usually 9:30 a.m. NYC time), following the receipt of the authenticated confirmatory electronic message from the Trustee, the Depository executes the instructions from the Trustee to wire the Basket Swiss Francs Amount from the
Trust Account and to transfer the Basket Swiss Francs Amount to the Authorized Participant’s designated account. 
 R3.4.1 By DTC free
delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s DTC operations desk instructs the Trustee’s transfer agent services desk to cancel Shares received for redemption. 

R3.4.2 By DTC free delivery cut-off time (usually 3:00 p.m. NYC time), the Trustee’s transfer
agent services desk cancels the Authorized Participant’s Shares received for redemption and reduces the number of Trust Shares outstanding. 

R3.5 Following the close of business (usually 4:00 p.m. Zurich time) on REDEMPTION T+2, the Depository makes the appropriate entries in its
books and records to reflect the redemptions. 
 R3.6 Following the close of business (usually 4:00 p.m. Zurich time) on REDEMPTION T+2, the
Depository Swiss Francs system updates its account records, recording the movements of Swiss Francs in the Deposit Account and providing updated balances in the affected accounts as of the close of business (usually 4:00 p.m. Zurich time) on
REDEMPTION T+2. 
 R3.7 Following the close of business (usually 4:00 p.m. Zurich time) on REDEMPTION T+2, the Depository Swiss Francs
system automatically generates an authenticated electronic message (SWIFT MT940 or Swift MT950) constituting a statement of the activity affecting the Deposit Account (received only by the Trustee). 

Note: Both creation and redemption activities (delivery/receipts) time frames are subject to change based on depository requirements.

  
 76 

 EXHIBIT B – FXA 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES AUSTRALIAN DOLLAR TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXA             	 	Redemption of FXA             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXA):     

 

					
	Number:
                                    	 	Number Written Out:                                 	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Australian Dollar
Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement
and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify
as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into
this agreement based on an estimated Basket Australian Dollar Amount disseminated the previous business day and recognizes the final Basket Australian Dollar Amount represented will be increased or decreased based on the Trust’s daily
accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Australian Dollar Amount and Transaction Fee required for the creation/redemption order entered into on this day
will be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                    
  

							
	Final # of Australian Dollars                            
     	  	Final # of FXA Shares                               	  	
	Final Cash Due to Trustee                            
          	  	Final Cash Due to AP                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 77 

 EXHIBIT B – FXB 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES BRITISH POUND STERLING TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
       
	Broker Name:
                                         
             	  	Firm Name:
                                      
	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXB             	 	Redemption of FXB             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXB): 

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® British Pound
Sterling Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust
Agreement and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does
hereby certify as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant
enters into this agreement based on an estimated Basket British Pound Amount disseminated the previous business day and recognizes the final Basket British Pound Amount represented will be increased or decreased based on the
Trust’s daily accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket British Pound Amount and Transaction Fee required for the creation/redemption order entered
into on this day will be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 

 

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                 
  

							
	Final # of British Pounds                            
     	  	Final # of FXB Shares                             	  	
	Final Cash Due to Trustee                            
          	  	Final Cash Due to AP                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 78 

 EXHIBIT B – FXC 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES CANADIAN DOLLAR TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                    
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXC             	 	Redemption of FXC             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXC):     

 

					
	Number:                             	 	Number Written Out:
                                        

 Order #
                             

This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Canadian Dollar Trust as currently in effect
and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement and such Participant Agreement
are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify as of the date set forth below
that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into this agreement based on an
estimated Basket Canadian Dollar Amount disseminated the previous business day and recognizes the final Basket Canadian Dollar Amount represented will be increased or decreased based on the Trust’s daily accrual. At the conclusion of the
trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Canadian Dollar Amount and Transaction Fee required for the creation/redemption order entered into on this day will be finalized and this Order will serve as
a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                        
                             
  

							
	Final # of Canadian
Dollars                                 	  	Final # of FXC Shares                                 	  	
	Final Cash Due to Trustee                            
        	  	Final Cash Due to AP
                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 79 

 EXHIBIT B – FXE 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES EURO TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXE             	 	Redemption of FXE             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXE):     

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Euro Trust as
currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement and such
Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify as of the
date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into this
agreement based on an estimated Basket Euro Amount disseminated the previous business day and recognizes the final Basket Euro Amount represented will be increased or decreased based on the Trust’s daily accrual. At the
conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Euro Amount and Transaction Fee required for the creation/redemption order entered into on this day will be finalized and this
Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

  

	II.	TO BE COMPLETED BY TRUSTEE: 

 This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                 
  

							
	Final # of Euros                               
                       	  	Final # of FXE Shares                               
  	  	
	Final Cash Due to Trustee                            
          	  	Final Cash Due to AP
                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 80 

 EXHIBIT B – FXY 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES JAPANESE YEN TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXY             	 	Redemption of FXY             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXY): 

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Japanese Yen
Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement
and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify
as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into
this agreement based on an estimated Basket Japanese Yen Amount disseminated the previous business day and recognizes the final Basket Japanese Yen Amount represented will be increased or decreased based on the Trust’s daily
accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Japanese Yen Amount and Transaction Fee required for the creation/redemption order entered into on this day will
be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                 
  

							
	Final # of Japanese
Yen                                 	  	Final # of FXY Shares                             	  	
	Final Cash Due to Trustee                            
          	  	Final Cash Due to AP                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 81 

 EXHIBIT B – FXSG 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES SINGAPORE DOLLAR TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
       
	Broker Name:
                                         
             	  	Firm Name:
                                      
	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXSG             	 	Redemption of FXSG             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXSG):     

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Singapore Dollar
Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement
and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify
as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into
this agreement based on an estimated Basket Singapore Dollar Amount disseminated the previous business day and recognizes the final Basket Singapore Dollar Amount represented will be increased or decreased based on the Trust’s daily
accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Singapore Dollar Amount and Transaction Fee required for the creation/redemption order entered into on this day will
be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                
  

							
	Final # of Singapore Dollars                            
     	  	Final # of FXSG Shares                             	  	
	Final Cash Due to Trustee                            
         	  	Final Cash Due to AP                                 	  	
				
	                                    	  	                        	  	                                     
           	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 82 

 EXHIBIT B – FXS 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES SWEDISH KRONA TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L 	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXS             	 	Redemption of FXS             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXS):     

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Swedish Krona
Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement
and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify
as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into
this agreement based on an estimated Basket Swedish Krona Amount disseminated the previous business day and recognizes the final Basket Swedish Krona Amount represented will be increased or decreased based on the Trust’s
daily accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Swedish Krona Amount and Transaction Fee required for the creation/redemption order entered into on this
day will be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                 
  

							
	Final # of Swedish Kronor                            
 	  	Final # of FXS Shares                               
  	  	
	Final Cash Due to Trustee                            
  	  	Final Cash Due to AP                               
  	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 83 

 EXHIBIT B – FXF 

THE BANK OF NEW YORK MELLON, TRUSTEE 

CREATION/REDEMPTION ORDER FORM 

CURRENCYSHARES SWISS FRANC TRUST ETF 
  

							
	 	  	CONTACT INFORMATION FOR ORDER EXECUTION:	  	 
		  	Telephone order number:	  	(718) 315 - 7500	  	
		  	Fax order number:	  	(732) 667 - 9478 / Alt. Fax: (718) 315 - 3080	  	
	 	  	Custodian Instructions	  	(000-000-0000) / SWIFT CHASGB2L	  	 

 Participant must complete all items in Part I. The Trustee and/or Transfer Agent, in their discretion may reject any order not
submitted in complete form. 
 I.    TO BE COMPLETED BY PARTICIPANT: 

 

			
	Date:
                                         
                           	  	Time:
                                         
         
	Broker Name:
                                         
             	  	Firm Name:
                                        

	DTC Participant Number:
                                   	  	Fax Number:
                                      
	Telephone Number:
                                         
    	  	

 Type of Order (Check Creation or Redemption): 
  

					
	Creation of FXF             	 	Redemption of FXF             	  	

 Number of Creation Units (CU) Transacted (One CU = 50,000 FXF): 

 

					
	Number:                         	 	Number Written Out:                         	  	

 Order #
                                         
    
 This Order is subject to the terms and conditions of the Depositary Trust Agreement of the CurrencyShares® Swiss Franc
Trust as currently in effect and the Participant Agreement between the Authorized Participant, the Trustee and the Sponsor named therein. All representations and warranties of the Authorized Participant set forth in the Depositary Trust Agreement
and such Participant Agreement are incorporated herein by reference and are true and accurate as of the date hereof. 
 The undersigned does hereby certify
as of the date set forth below that he/she is an Authorized Person under the Participant Agreement and that he/she is authorized to deliver this Order to the Trustee on behalf of the Authorized Participant. The Authorized Participant enters into
this agreement based on an estimated Basket Swiss Franc Amount disseminated the previous business day and recognizes the final Basket Swiss Franc Amount represented will be increased or decreased based on the Trust’s daily
accrual. At the conclusion of the trading day a Final NAV will be disseminated to all Authorized Participants, and the Basket Swiss Franc Amount and Transaction Fee required for the creation/redemption order entered into on this day will
be finalized and this Order will serve as a legally binding contract for settlement in 2 business days or as otherwise set forth in the Participant Agreement. 
  

							
	  
	  		  	  
	  	
	Date	  		  	Authorized Person’s Signature	  	

 II.    TO BE COMPLETED BY TRUSTEE: 

This certifies that the above order has been: 

             Accepted by the Trustee 

             Declined by the Trustee – Reason:
                                         
                 
  

							
	Final # of Swiss
Francs                                 	  	Final # of FXF Shares                             	  	
	Final Cash Due to Trustee                            
          	  	Final Cash Due to AP                                 	  	
				
	                                    	  	                        	  	                                     
               	  	
	Date	  	Time	  	Authorized Signature of Trustee	  	

  
 84

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}]]