Key Investor Information

This document provides you with key investor information about this fund. It is not marketing material.

The information is required by law to help you understand the nature and the risks of investing in this

fund. You are advised to read it so you can make an informed decision about whether to invest. Franklin US Mega Cap 100 UCITS ETF Class SINGLECLASS • ISIN IE0008M1R3N4 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l.

Objectives and Investment Policy Franklin US Mega Cap 100 UCITS ETF (the “Fund”) aims to provide The Fund's shares are listed and traded on one or more stock exchanges. exposure to large capitalisation stocks in the United States.

In normal circumstances, only authorised participants (e.g. select financial The Fund seeks to track the performance of the Solactive US Mega Capinstitutions) may deal in shares directly with the Fund. Other investors can 100 Select Index -NR (the “Index”) as closely as possible, regardless ofdeal in shares daily through a broker on stock exchange(s) on which the whether the Index level rises or falls, while seeking to minimise as far as shares are traded. possible the tracking error between the Fund's performance and that of the

Terms to Understand Index.

Large-capitalisation stock: stock of companies with large market The Index is a broad free float market-capitalisation weighted index which

capitalisation generally accounting accumulatively for the top 70% of the captures the largest 100 companies listed on the US stock market. The

capitalisation of a domestic stock market. Index is derived from the Solactive Global Benchmark Series which

Derivatives: Financial instruments whose characteristics and value includes approximately 1,500 companies on the US stock market. Indexdepend on the performance of one or more underlying assets, typically constituents are selected and weighted by free-float market capitalisation. securities, indexes, currencies or interest rates. The Index is rebalanced quarterly in February, May, August and November. The securities in which the Fund invests will be primarily listed Large-capitalisation stock: stock of companies with large market or traded on recognised markets in the United States in accordance with capitalisation generally accounting accumulatively for the top 70% of the the limits set out in the UCITS Regulations.capitalisation of a domestic stock market. The Fund may use derivatives for efficient portfolio management purposesFree float: only shares available to international investors rather than all of only.

a company's issued shares are used in calculating the Underlying Index. The investment manager will aim to replicate the Index by holding all of theFree float market capitalisation: the share price of a company multiplied Index securities in a similar proportion to their weighting in the Index.

by the number of shares available to international investors. However, in certain circumstances where full replication of the Index is notTreatment of Income: For accumulation shares, income from investments reasonably practical or possible, the Fund may hold only those of the Index is reinvested in the Fund and reflected in the price of shares. securities which are available or may invest in instruments that are notThe Fund may appeal to investors looking to track the performance of large included in the Index but which the investment manager believes will help

capitalisation stocks in the United States, and who are willing to hold their the Fund replicate the Index, e.g. securities which provide similar price and

investment over the medium to long term, for a minimum period of 3 to 5 yield performance and risk profiles to constituents of the Index. . years. The Fund may be suitable for investors who do not have specific Although the Index is generally well diversified, because of the market it

knowledge and/or experience of financial markets and who understand that reflects it contains constituents issued by the same body that may

they may not get back the full amount invested in the Fund. represent more than 10% of the Index. Accordingly, the Fund is permitted to hold positions in individual constituents of the Index issued by the same body of up to 20% of the Fund’s Net Asset Value.

Risk and Reward Profile Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional1

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7 liquidity, credit and counterparty risks. Index License Risk: To utilise an Index, the Fund may need to have a licence agreement signed with the Index Provider. If, at any time in respect of an Index, the licence granted terminates or disputed, impaired or ceases Lower risk

Higher riskto exist ,the Directors may be forced to replace the Index with another Potentially lower rewardsPotentially higher rewards Index. Such a substitution or any delay in such a substitution may have an adverse impact on the Sub-Fund. Index related risk: the risk that quantitative techniques used in creating the What does this indicator mean and what are its limits?

Index the Fund seeks to track do not generate the intended result, or that the portfolio of the Fund deviates from its Index composition or This indicator is designed to provide you with a measure of the price

performance. movement of this share class based on historical behavior.

Passive Investment Risk: An Index Tracking Sub-Fund will be negatively affected by general declines in the securities and asset classes Historical data may not be a reliable indication of the future risk profile of

represented in its Index. Because Index Tracking Sub-Funds are not the Fund. The category shown is not guaranteed to remain unchanged and

“actively” managed, Market disruptions and regulatory restrictions could may shift over time.have an adverse effect on an Index Tracking Sub-Fund's ability to adjust its The lowest category does not mean risk free.exposure to the required levels. Foreign Exchange Hedging Risk: Hedging transactions are designed to Why is the Fund in this specific category?

reduce, as much as possible, the currency risk for investors. No intentional leveraging should result from currency hedging transactions. There is no The Fund aims to provide exposure to large capitalisation stocks in the guarantee that attempts to hedge currency risk will be successful and no United States. Such assets have historically been subject to price

hedging strategy can eliminate currency risk entirely. Should a hedging movements due to such factors as general stock market volatility, changes

strategy be incomplete or unsuccessful, the value of that Sub-Fund's in the financial outlook or fluctuations in currency markets. As a result, the

assets and income can remain vulnerable to fluctuations in currency performance of the Fund can fluctuate significantly over relatively short time

exchange rate movements. periods.Single Country/Region Risk: This fund invests primarily in US, which means that it is more sensitive to local economic, market, political or Risks materially relevant not adequately captured by the indicator: regulatory events in US, and will be more affected by these events than other funds that invest in a broader range of regions. Counterparty risk: the risk of failure of financial institutions or agents

Equity risk: Prices of equities may be affected by factors such as (when serving as a counterparty to financial contracts) to perform theireconomic, political, market, and issuer-specific changes. Such changes obligations, whether due to insolvency, bankruptcy or other causes. may adversely affect the value of the equities regardless of company- Index Tracking Risk: No financial instrument or set of investment

specific performance. techniques enables the returns of any Index to be reproduced or tracked For a full discussion of all the risks applicable to this Fund, please refer to exactly. Changes in the investments of any Sub-Fund and re-weightings ofthe “Risk Considerations” section of the current prospectus of Franklin the relevant Index may give rise to various transaction costs, operatingTempleton ICAV. expenses or inefficiencies which may adversely impact a Sub-Fund's tracking of an Index.

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Charges The charges you pay are used to pay the costs of running the Fund, The entry and exit charges shown are maximum amounts: you may pay including the costs of marketing and distributing it. These charges reduce less in some cases. For more information please ask your financial adviser. the potential growth of your investment.The ongoing charges shown here are an estimate of the charges. We haveused estimated figures as under current applicable rules we are not allowed One-off charges taken before or after you invest

to calculate ongoing charges for share classes with less than 12 months of Entry charge None

data. The UCITS' annual report for each financial year will include detail onthe exact charges made. Exit charge

NoneFor detailed information about charges, please refer to the “Fees and This is the maximum that might be taken out of your money before it is Expenses” section of the current prospectus of Franklin Templeton ICAV invested.

and the Fund supplement. Charges taken from the Fund over a year Ongoing charges0.09% Charges taken from the Fund under certain specific conditions Performance fee

Not applicable• Past Performance 1.21.00.8 Under current legislation, we are not allowed to display performance data for funds with less than a complete full calendar year. 0.60.40.20.0

2020 2021

2022 2023

2024◼Franklin US Mega Cap 100 UCITS ETF Class SINGLECLASS

Practical Information • The Depositary of Franklin Templeton ICAV is State Street Custodialmisleading, inaccurate or inconsistent with the relevant parts of the

Services (Ireland) Limited.prospectus of the Fund. • You can obtain further information about the Fund, copies of its • The present Fund is a sub-fund of Franklin Templeton ICAV. The

prospectus, supplement and its latest annual and semi-annual reports

prospectus and the annual and semi-annual reports refer to all sub-funds

from the website www.franklintempleton.com or free of charge from the

of Franklin Templeton ICAV. All Funds of Franklin Templeton ICAV have

Administrator, State Street Fund Services (Ireland) Limited, 78 Sir John

segregated assets and liabilities. As a result, each Fund is operated

Rogerson's Quay, Dublin 2, Ireland or your financial adviser. Theseindependently from each other.

documents are each available in English and certain other language(s).

• You may not exchange shares with another sub-fund of Franklin • The latest Net Asset Value and other practical information on the Fund is

Templeton ICAV.

available from the Administrator, State Street Fund Services (Ireland)

• The details of the up-to-date remuneration policy of the management

Limited, 78 Sir John Rogerson's Quay, Dublin 2, Ireland or company, including but not limited to, a description of how remuneration

www.franklintempleton.com

and benefits are calculated, the identity of persons responsible for • The indicative Net Asset Value is displayed on major market data vendorawarding the remuneration and benefits including the composition of the

terminals. remuneration committee, are available at www.franklintempleton.lu and a

paper copy can be obtained free of charge. • Please note that the Irish taxation regime may have an impact on your

personal tax position. Please consult your financial or tax adviser before

deciding to invest. • Franklin Templeton International Services S.à r.l may be held liable solely

on the basis of any statement contained in this document that is This Fund is authorised in Ireland and is regulated by the Central Bank of Ireland. Franklin Templeton International Services S.à r.l. is authorised in the Grand Duchy of Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. This key investor information is accurate as at 07/05/2025.

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