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 Dividend Tilt UCITS ETF Class (Dis) • ISIN IE000Z4OBQK4 • 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 Dividend Tilt UCITS ETF (the “Fund”) aims to provide The securities in which the Fund invests will be primarily listed or traded on exposure to large and mid-capitalisation stocks in the US and to maximiserecognised markets in the US in accordance with the limits set out in the income. UCITS Regulations. The Fund seeks to track the performance of the Morningstar US DividendThe Fund may use derivatives for efficient portfolio management purposes Enhanced Select Index - NR (the “Index”) as closely as possible, only. regardless of whether the Index level rises or falls, while seeking to The investment manager will aim to replicate the Index by holding all of the minimise as far as possible the tracking error between the Fund'sIndex securities in a similar proportion to their weighting in the Index. performance and that of the Index. However, in certain circumstances, full replication of the Index may not be The Index is designed to deliver a portfolio of stocks with a higher dividendreasonably practical or possible and in such circumstances the Fund may yield than its parent benchmark, the Morningstar US Target Markethold only those of the Index securities which are available or may invest in Exposure Index-NR (the “Parent Index”). The Index is made up of largeinstruments that are not included in the Index but which the Investment and mid-capitalisation securities incorporated in the US and is derived from Manager believes will help the Fund replicate the Index. Any such the Parent Index, which represents the top 85% of the investible equity securities which are not Index securities will be (i) equities; or (ii) depositary market of the US. The Index is rebalanced quarterly in March, June, receipts. September and December. For further information on the Objectives and Investment Policy of the At each rebalance, stocks are selected from the Parent Index and are Fund, please refer to the “Investment Objective and Strategy” section of the weighted using Morningstar's risk model with the objective of maximising current prospectus of Franklin Templeton ICAV and the Fund supplement. dividend yield, subject to several constraints including limits on: (i) Terms to Understand expected tracking error relative to the Parent Index; (ii) individual stock weights; and (iii) sector weights. This process has the effect of “tilting” the Large-capitalisation stock: stock of companies with large market Index in favour of those constituents that have higher dividend yields, such capitalisation generally accounting accumulatively for the top 70% of the that companies with higher dividend yields are over- weighted in the Index capitalisation of a domestic stock market. relative to their weighting in the Parent Index. These constraints are Derivatives: Financial instruments whose characteristics and value designed to improve diversification, limit tracking error relative to the Parent depend on the performance of one or more underlying assets, typically Index and reduce transaction costs associated with index replication.securities, indexes, currencies or interest rates. To limit concentration within the Index, stocks are capped at the lesser of: Mid-capitalisation stock: stock of companies with market capitalisation (i) three times their weight in the Parent Index; or (ii) their weight in thegenerally accounting accumulatively for the next 20% of the capitalisation Parent Index plus 0.5%. Any security with a minimum weight of less than of a domestic stock market below large-capitalisation stock. 0.005% would be excluded from the Index. Additionally, to limit deviationFor distribution shares, dividend income is distributed to investors. from the Parent Index, sector weights are kept within 5% of their weight within the Parent Index. Risk and Reward Profile Index Tracking Risk: No financial instrument or set of investment techniques enables the returns of any Index to be reproduced or tracked exactly. Changes in the investments of any Sub-Fund and re-weightings of1 23 4 56 7 the relevant Index may give rise to various transaction costs, operating expenses or inefficiencies which may adversely impact a Sub-Fund's tracking of an Index. Derivative Instruments risk: the risk of loss in an instrument where a Lower riskHigher risksmall change in the value of the underlying investment may have a larger Potentially lower rewards Potentially higher rewards impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks. Index License Risk: To utilise an Index, the Fund may need to have a What does this indicator mean and what are its limits? 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 This indicator is designed to provide you with a measure of the priceto exist ,the Directors may be forced to replace the Index with another movement of this share class based on historical behavior. Index. Such a substitution or any delay in such a substitution may have an adverse impact on the Sub-Fund. Historical data may not be a reliable indication of the future risk profile of Passive Investment Risk: An Index Tracking Sub-Fund will be negatively the Fund. The category shown is not guaranteed to remain unchanged and affected by general declines in the securities and asset classes may shift over time. represented in its Index. Because Index Tracking Sub-Funds are not The lowest category does not mean risk free. “actively” managed, Market disruptions and regulatory restrictions could have an adverse effect on an Index Tracking Sub-Fund's ability to adjust its As the share class has no sufficient historical data available, simulated data exposure to the required levels. based on a representative portfolio model or benchmark have been usedForeign Currency risk: the risk of loss arising from exchange-rate instead. fluctuations or due to exchange control regulations. Index related risk: the risk that quantitative techniques used in creating the Why is the Fund in this specific category? 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 The Fund intends to track the performance of large and mid-capitalisationperformance. stocks in the US. Such assets have historically been subject to priceSingle Country/Region Risk: This fund invests primarily in US, which movements due to such factors as general stock market volatility, changesmeans that it is more sensitive to local economic, market, political or in the financial outlook or fluctuations in currency markets. As a result, the regulatory events in US, and will be more affected by these events than performance of the Fund can fluctuate significantly over relatively short time other funds that invest in a broader range of regions. periods. Equity risk: Prices of equities may be affected by factors such as economic, political, market, and issuer-specific changes. Such changes Risks materially relevant not adequately captured by the indicator: may adversely affect the value of the equities regardless of company- specific performance. 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. 1/2Franklin US Dividend Tilt 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 shown here are an estimate of the charges. We have invested. used estimated figures as under current applicable rules we are not allowedto calculate ongoing charges for share classes with less than 12 months of Charges taken from the Fund over a yeardata. The Franklin Templeton ICAV annual report for each financial year Ongoing charges0.12% will include detail on the exact charges made. Charges taken from the Fund under certain specific conditions For detailed information about charges, please refer to the “Fees andExpenses” section of the current prospectus of Franklin Templeton ICAV Performance fee Not applicable and the Fund supplement. • Past Performance 1.2• The Fund was launched in 2025. 1.00.8 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 Dividend Tilt UCITS ETF Class (Dis) 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 06/02/2025. 2/2