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 MSCI Emerging Markets Paris Aligned Climate UCITS ETF Class SINGLECLASS • ISIN IE000QLV3SY5 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l. Objectives and Investment Policy Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF (the The Fund may use derivatives for efficient portfolio management purposes “Fund”) provides exposure to large and mid-capitalisation stocks in only. emerging market countries which are aligned to the transition to a low This Fund may not be appropriate for investors who plan to withdraw their carbon economy. money within five (5) years. The Fund is classified as Article 8 under the EU Sustainable Finance The Fund's shares are listed and traded on one or more stock exchanges. Disclosure Regulation. The Fund is passively managed and seeks to track Investors can deal in shares daily through a broker on stock exchange(s) the performance of the MSCI Emerging Markets Climate Paris Aligned Net on which the shares are traded. Income from the Fund's investments will Total Return Index (the “Index”) as closely as possible, regardless of be reinvested and not distributed to investors. whether the Index level rises or falls. The Index is based on the MSCI Emerging Markets Index (the “Parent Index”) and includes large and mid- For further information on the Objectives and Investment Policy of the capitalisation securities across 27 Emerging Markets countries. The IndexFund, please refer to the “Investment Objective and Strategy” section of the is designed to support investors seeking to reduce their exposure to current prospectus of Franklin Templeton ICAV and the Fund supplement. transition and physical climate risks and who wish to pursue opportunities Terms to Understand arising from the transition to a lower-carbon economy while aligning withDerivatives: Financial instruments whose characteristics and value the Paris Climate Agreement. depend on the performance of one or more underlying assets, typically The Index is constructed to follow the EU Paris-aligned Benchmark (EUsecurities, indexes, currencies or interest rates. PAB) Regulations (Regulation (EU) 2019/2089) (the “PAB Regulations”).Large-capitalisation stock: stock of companies with large market Relative to the Parent Index, the Index aims to overweight companies capitalisation generally accounting accumulatively for the top 70% of the which are exposed to climate transition opportunities and underweightcapitalisation of a domestic stock market. those companies which are exposed to climate transition risks. The Index seeks to reduce the weight of companies assessed as high carbon emitters Mid-capitalisation stock: stock of companies with market capitalisation and increase the weight of companies with credible carbon reduction generally accounting accumulatively for the next 20% of the capitalisation targets while achieving both a modest tracking error and a low turnover of a domestic stock market below large-capitalisation stock. relative to the Parent Index. The criteria set out above are applied to at Market capitalisation: the share price of a company multiplied by the least 90% of the constituents of the Parent Index and result in a Green number of shares available to investors. House Gas Intensity reduction of at least 20% for the Index relative to the Parent Index.For accumulation shares, income from investments is reinvested in the Fund and reflected in the price of shares. The securities in which the Fund invests will be primarily listed or traded on recognised markets globally in accordance with the limits set out in the UCITS Regulations. Risk and Reward Profile markets. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.1 23 4 56 7 Risks materially relevant not adequately captured by the indicator: Concentration risk: the risk that arises when a fund invests in relatively few holdings, few sectors or a restricted geographic area. Performance Lower riskHigher riskmay be more volatile than a fund with a greater number of securities. Potentially lower rewards Potentially higher rewards Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes. What does this indicator mean and what are its limits? 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 This indicator is designed to provide you with a measure of the priceimpact on the value of such instrument. Derivatives may involve additional movement of this share class based on historical behavior. liquidity, credit and counterparty risks. Emerging markets risk: the risk related to investing in countries that have Historical data may not be a reliable indication of the future risk profile of less developed political, economic, legal and regulatory systems, and that the Fund. The category shown is not guaranteed to remain unchanged and may be impacted by political/economic instability, lack of liquidity or may shift over time. transparency, or safekeeping issues. Foreign Currency risk: the risk of loss arising from exchange-rate The lowest category does not mean risk free. fluctuations or due to exchange control regulations. Index related risk: the risk that quantitative techniques used in creating the As the share class has no sufficient historical data available, simulated data Index the Fund seeks to track do not generate the intended result, or that based on a representative portfolio model or benchmark have been usedthe portfolio of the Fund deviates from its Index composition or instead. performance. Why is the Fund in this specific category? Secondary market trading risk: the risk that the shares purchased on the secondary market cannot usually be sold directly back to the Fund and that The Fund intends to track the performance of the Index which is comprisedinvestors may therefore pay more than the NAV per share when buying of large and mid-capitalisation equity securities in emerging market shares or may receive less than the current NAV per Share when selling countries selected from the Parent Index. Such assets have historically shares. been subject to price movements due to such factors as general stock For a full discussion of all the risks applicable to this Fund, please refer to market volatility, changes in the financial outlook or fluctuations in currency the “Risk Considerations” section of the current prospectus of Franklin Templeton ICAV. 1/2Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETFCharges The charges you pay are used to pay the costs of running the Fund, *No entry nor exit charges are payable where investors deal in shares in including the costs of marketing and distributing it. These charges reduce the secondary market – i.e. where shares are purchased and sold on a the potential growth of your investment. stock exchange. In such cases, investors may pay fees charged by theirbroker. Authorised Participants dealing directly with the Fund may pay an One-off charges taken before or after you invest entry charge up to a maximum of 3% and an exit charge up to a maximumof 2%. Entry charge Not applicable*The entry and exit charges shown are maximum amounts: you may pay Exit charge Not applicable* less in some cases. For more information please ask your financial adviser. This is the maximum that might be taken out of your money before it is The ongoing charges are based on the expenses for the year ending 31 invested. December 2024. This figure may vary from year to year. Charges taken from the Fund over a yearFor detailed information about charges, please refer to the “Fees and Ongoing charges0.18% Expenses” section of the current prospectus of Franklin Templeton ICAVand the Fund supplement. Charges taken from the Fund under certain specific conditions Performance fee Not applicable• Past Performance• The Fund was launched in 2023 and the present share class on 03/09/2023.7.6 7.4 7.2 7.0 6.8 6.6 6.4 6.2 6.0 5.8 5.6 2020 2021 2022 2023 2024 6.3 7.5Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF Class SINGLECLASS MSCI Emerging Markets Climate Paris Aligned Net Total Return Index. 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 • MSCI's website (www.msci.com) contains more detailed information about deciding to invest.the Index. • 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 06/02/2025. 2/2