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 ClearBridge US Smaller Companies UCITS ETF Class SINGLECLASS • ISIN IE000XJA2OU4 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l. Objectives and Investment Policy Franklin ClearBridge US Smaller Companies UCITS ETF (the “Fund”)day markets are open for business in the United Kingdom (provided that on investment objective is to provide long term growth and maximise returnssuch day the markets on which substantially all of the Fund’s investments through investment in small and mid-capitalisation companies in the US. are traded are open). Investment Policy Intended retail investor The Fund invests in equities of US companies of small and medium market Investors who understand the risks of the Fund and plan to invest for at capitalisation. The Investment Manager defines small and mid- least 3 to 5 years. The Fund may appeal to investors who: capitalisation stocks as those US stocks which fall within a market cap • are looking for long-term investment growth range of $500 million to the largest constituent of the Benchmark at the time of purchase. • are interested in exposure to US equity markets of small and medium capitalization companies as part of a diversified portfolio To a lesser extent, the fund may invest in securities of non-US issuers such as American Depository Receipts and other US listed equity securities. • have a high risk profile and can tolerate significant short-term changes in the share price Derivatives and techniques The Fund may use derivatives for hedging, efficient portfolio management and investment purposes. Product availability The Fund is available to all investors with at least basic investment knowledge, through a wide range of distribution channels, Strategy In a bottom-up process, the investment manager focuses on an inwith or without the need for advice. depth analysis of individual company fundamentals. Terms to Understand SFDR category Article 6 (does not promote environmental and/or social characteristics or have a sustainable investment objective under EU derivatives: Financial instruments whose value is linked to one or more regulations). rates, indexes, share prices or other values. Base currency US dollar (USD). equities: Securities that represent partial ownership of a company. Benchmark(s) Russell 2500 Growth Index-NR. Used for performance efficient portfolio management: A strategy aimed at reducing risk, comparison only.lowering costs or generating additional capital or income for the Fund through the use of derivatives. These strategies must align with the Funds The fund is actively managed and may deviate materially from that of therisk profile. benchmark(s). Share Class Currency: USD Buying and selling shares Treatment of Income: For accumulation shares, income from investments You may buy or sell shares daily through a broker on the stock exchange is reinvested in the Fund and reflected in the price of shares. where the shares are traded. Authorised participants, such as selected financial institutions, may buy or sell shares directly with the fund, on any Risk and Reward Profile The Fund invests in equities of US companies of small and medium market capitalisation. 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: Counterparty risk: the risk of failure of financial institutions or agents Lower risk Higher risk(when serving as a counterparty to financial contracts) to perform their Potentially lower rewardsPotentially higher rewards obligations, whether due to insolvency, bankruptcy or other causes. 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 What does this indicator mean and what are its limits? impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks. This indicator is designed to provide you with a measure of the price Equity risk: Prices of equities may be affected by factors such as movement of this share class based on historical behavior. economic, political, market, and issuer-specific changes. Such changes may adversely affect the value of the equities regardless of company- Historical data may not be a reliable indication of the future risk profile of specific performance. the Fund. The category shown is not guaranteed to remain unchanged and Foreign Currency risk: the risk of loss arising from exchange-rate may shift over time.fluctuations or due to exchange control regulations. Secondary market trading risk: the risk that the shares purchased on the The lowest category does not mean risk free.secondary market cannot usually be sold directly back to the Fund and that investors may therefore pay more than the NAV per share when buying As the share class has no sufficient historical data available, simulated data shares or may receive less than the current NAV per Share when selling based on a representative portfolio model or benchmark have been used shares. instead.For a full discussion of all the risks applicable to this Fund, please refer to Why is the Fund in this specific category? the “Risk Considerations” section of the current prospectus of Franklin Templeton ICAV. 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 have used estimated figures as under current applicable rules we are not allowed One-off charges taken before or after you investto 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 on the exact charges made. Exit charge None For 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 charges0.49% Charges taken from the Fund under certain specific conditions Performance fee Not applicable 1/2Franklin ClearBridge US Smaller Companies UCITS ETF• Past Performance 1.2• Past performance is not a guide to future performance.• The past performance shown here includes all the ongoing charges. 1.0• The Fund was launched in 2025 and the present share class on 29/10/2025.• Past performance is calculated in the currency of the present share class. 0.8 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 2021 2022 2023 2024 2025◼Franklin ClearBridge US Smaller Companies UCITS ETF Class SINGLECLASS Practical Information • The Depositary of Franklin Templeton ICAV is The Bank Of New York misleading, inaccurate or inconsistent with the relevant parts of the Mellon SA/NV, Dublin Branch, The Shipping Office, Sir John Rogerson’s prospectus of the Fund. Quay, Dublin 2, Ireland. • The present Fund is a sub-fund of Franklin Templeton ICAV. The • You can obtain further information about the Fund, copies of its prospectus and the annual and semi-annual reports refer to all sub-funds prospectus, supplement and its latest annual and semi-annual reports of Franklin Templeton ICAV. All Funds of Franklin Templeton ICAV have from the website www.franklintempleton.com or free of charge from the segregated assets and liabilities. As a result, each Fund is operated Administrator, BNY Mellon Fund Services (Ireland) DAC, The Shippingindependently from each other. Office, Sir John Rogerson’s Quay, Dublin 2, Ireland or your financial• You may not exchange shares with another sub-fund of Franklin adviser. These documents are each available in English and certain other Templeton ICAV. language(s).• The details of the up-to-date remuneration policy of the management • The latest Net Asset Value and other practical information on the Fund is company, including but not limited to, a description of how remuneration available from the Administrator, BNY Mellon Fund Services (Ireland) DAC and benefits are calculated, the identity of persons responsible for The Shipping Office, Sir John Rogerson’s Quay, Dublin 2, Ireland orawarding the remuneration and benefits including the composition of the www.franklintempleton.com remuneration committee, are available at www.franklintempleton.lu and a • The indicative Net Asset Value is displayed on major market data vendorpaper copy can be obtained free of charge. terminals. • 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 13/02/2026. 2/2