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 Sustainable Euro Green Bond UCITS ETF Class SINGLCLASS • ISIN IE00BHZRR253 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l.

Objectives and Investment Policy Franklin Sustainable Euro Green Bond UCITS ETF (the “Fund”) aims toThe securities in which the Fund invests will be primarily listed or traded on provide exposure to the European green bond market whilst maximizing

recognised markets globally in accordance with the limits set out in the total returns. UCITS Regulations. The Fund is classified as Article 9 under the EU Sustainable Finance

The Fund may use derivatives for efficient portfolio management or Disclosure Regulation. The Fund invests mainly in bonds that are labelled

investment purposes. green and denominated in European currencies. The Fund can invest to a This Fund may not be appropriate for investors who plan to withdraw their lesser extent in bonds that are climate aligned and derivatives for hedging,

money within five (5) years. efficient portfolio management and/or investment purposes. Under normal market conditions, the Fund will invest at least 75% of its Net Asset ValueThe Fund's shares are listed and traded on one or more stock exchanges. in bonds that are labelled as “green”, with up to 25% of its Net Asset Value

Investors can deal in shares daily through a broker on stock exchange(s) invested in bonds which are deemed by the Investment Manager to be on which the shares are traded. Income from the Fund's investments will supportive of a low-carbon future. The bonds in which the Fund will invest be reinvested and not distributed to investors. may be issued with any duration, have both fixed and floating rates and be For further information on the Objectives and Investment Policy of the issued by both corporate and governmental issuers. Governmental issuersFund, please refer to the “Investment Objective and Strategy” section of the include government agencies and quasi sovereigns.

current prospectus of Franklin Templeton ICAV and the Fund supplement. The Fund employs research analysis to select all securities and, while the Terms to Understand focus will be on eligible “green” bonds, each investment is subject to credit

Climate aligned bonds: bonds which meet international Climate Bonds approval by the Investment Manager. The selection process is used to

Standard. select investments which the Investment Manager believes will enable the Fund to outperform the Benchmark. The Investment Manager can

Debt securities: Securities representing the issuer's obligation to repay a selectively add or reduce exposure in specific countries, depending on loan at a specified date and to pay interest. economic fundamentals, interest rate outlook, monetary policy, geo-political

Derivatives: Financial instruments whose characteristics and value trends as well as fiscal policy.

depend on the performance of one or more underlying assets, typically The Fund pursues an actively managed investment strategy. Therefore, the

securities, indexes, currencies or interest rates. Fund will hold a portfolio of actively selected and managed investmentsGreen bonds: bonds which meet the International Capital Market rather than seek to track the performance of the benchmark. The Fund's Association definition of green. benchmark, the Bloomberg Global Aggregate EUR Green Bond Index is a point of reference against which the performance of the Fund may beFor accumulation shares, income from investments is reinvested in the measured. It is anticipated that a significant percentage of the Fund'sFund and reflected in the price of shares. investments will be components of the benchmark. However, their weightings may deviate materially from those of the benchmark. The Fund may also invest in securities that are not included in the benchmark.

Risk and Reward ProfileThe Fund invests mainly in green bonds whilst aiming to maintain capitalpreservation. Such securities have historically proven to present somestability over time and have benefitted from limited exposure to interest1

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5

6

7

rates and movements in the bond market. As a result, the performance ofthe Fund can fluctuate over time.Risks materially relevant not adequately captured by the indicator: Lower risk Higher risk 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 theirobligations, whether due to insolvency, bankruptcy or other causes. What does this indicator mean and what are its limits? Credit risk: the risk of loss arising from default that may occur if an issuerfails to make principal or interest payments when due. This risk is higher if This indicator is designed to provide you with a measure of the price

the Fund holds low-rated, sub-investment-grade securities. movement of this share class based on historical behavior. Foreign Currency risk: the risk of loss arising from exchange-ratefluctuations or due to exchange control regulations. Historical data may not be a reliable indication of the future risk profile of Secondary market trading risk: the risk that the shares purchased on the the Fund. The category shown is not guaranteed to remain unchanged and secondary market cannot usually be sold directly back to the Fund and that may shift over time.

investors may therefore pay more than the NAV per share when buyingshares or may receive less than the current NAV per Share when selling The lowest category does not mean risk free.

shares.For a full discussion of all the risks applicable to this Fund, please refer to As the share class has no sufficient historical data available, simulated data the “Risk Considerations” section of the current prospectus of Franklin based on a representative portfolio model or benchmark have been used

Templeton ICAV. instead. Why is the Fund in this specific category?

Charges 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 figure shown here is an estimate of the charges as, invested.

for the year ended 31 December 2024, the ongoing charges included a feewaiver which expired on 1 January 2025. Charges taken from the Fund over a year Ongoing charges0.25%

For detailed information about charges, please refer to the “Fees andExpenses” section of the current prospectus of Franklin Templeton ICAV Charges taken from the Fund under certain specific conditions

and the Fund supplement. Performance fee

Not applicable

1/2Franklin Sustainable Euro Green Bond UCITS ETF • Past Performance• Past performance is not a guide to future performance.10.0• The past performance shown here includes all the ongoing charges.• The Fund was launched in 2019 and the present share class on 5.0

29/04/2019.• Past performance is calculated in the currency of the present share class. 0.0• Product performance is not tracking the index.-5.0• Effective 1 November 2023, the Fund's benchmark is Bloomberg Global

Aggregate EUR Green Bond Index. Until that point Bloomberg MSCI Euro

-10.0

Green Bond Index was used as reference benchmark.-15.0 -20.0 -25.02015

2016

2017

2018

2019

2020

2021

20222023

2024

5.5-3.0

-18.9

7.82.5

4.8-3.4

-21.4

8.32.8 Franklin Sustainable Euro Green Bond UCITS ETF Class

SINGLCLASS

Bloomberg Global Aggregate EUR Green Bond Index

(Benchmark performance is provided for information and indicative

purposes only.)

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.

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