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 S&P 500 Paris Aligned Climate UCITS ETF Class SINGLCLASS • ISIN IE00BMDPBZ72 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l. Objectives and Investment Policy Franklin S&P 500 Paris Aligned Climate UCITS ETF (the “Fund”) provides relative to the Parent Index. The criteria set out above are applied to at exposure to large capitalisation US stocks which are aligned to the least 90% of the constituents of the Parent Index and result in a Green transition to a low carbon economy. House Gas Intensity reduction of at least 20% for the Index relative to the The Fund is classified as Article 8 under the EU Sustainable FinanceParent Index. Disclosure Regulation. The Fund is passively managed and seeks to track The securities in which the Fund invests will be primarily listed or traded on the performance of the S&P 500 Net Zero 2050 Paris-Aligned ESG Indexrecognised markets globally in accordance with the limits set out in the (the “Index”) as closely as possible, regardless of whether the Index level UCITS Regulations. rises or falls. The Index provides exposure to US large capitalisation The Fund may use derivatives for efficient portfolio management purposes securities selected from the S&P 500 Index (Net Return) (the “Parentonly. Index”) which are better aligned with the move towards a low-carbon economy and helps investors align their investments to the Paris ClimateThis Fund may not be appropriate for investors who plan to withdraw their Agreement. money within five (5) years. The Index is constructed to follow the EU Paris-aligned Benchmark (EU The Fund's shares are listed and traded on one or more stock exchanges. PAB) Regulations (Regulation (EU) 2019/2089) (the “PAB Regulations”). Investors can deal in shares daily through a broker on stock exchange(s) The Parent Index includes 500 of the largest companies by marketon which the shares are traded. Income from the Fund's investments will capitalisations in the US. The Index has been constructed to align with the be reinvested and not distributed to investors. transition to a low carbon economy. Relative to the Parent Index, the Index For further information on the Objectives and Investment Policy of the (i) overweights those companies which are committed to reducing Fund, please refer to the “Investment Objective and Strategy” section of the greenhouse gas emissions, and (ii) will have a 50% decarbonisation. In current prospectus of Franklin Templeton ICAV and the Fund supplement. addition, the Green House Gas Intensity of the Index must reduce by 7% annually. These criteria are applied to 100% of the Parent Index and result Terms to Understand in the Index having a weighted average ESG score which is greater than or Derivatives: Financial instruments whose characteristics and value equal to the weighted average ESG score of the Parent Index after 20% ofdepend on the performance of one or more underlying assets, typically the worst ESG scoring companies are removed from the Index and theirsecurities, indexes, currencies or interest rates. weights redistributed proportionately to the remaining components. Large-capitalisation stock: stock of companies with large market Relative to the Parent Index, the Index aims to overweight companiescapitalisation generally accounting accumulatively for the top 70% of the which are exposed to climate transition opportunities and underweight capitalisation of a domestic stock market. those companies which are exposed to climate transition risks. The IndexFor accumulation shares, income from investments is reinvested in the seeks to reduce the weight of companies assessed as high carbon emittersFund and reflected in the price of shares. and increase the weight of companies with credible carbon reduction targets while achieving both a modest tracking error and a low turnover Risk and Reward Profile Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund1 23 4 56 7 can fluctuate significantly over relatively short time periods. Risks materially relevant not adequately captured by the indicator: Lower risk Higher riskCounterparty risk: the risk of failure of financial institutions or agents Potentially lower rewardsPotentially higher rewards (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes. Derivative Instruments risk: the risk of loss in an instrument where a What does this indicator mean and what are its limits? small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional This indicator is designed to provide you with a measure of the price liquidity, credit and counterparty risks. movement of this share class based on historical behavior. Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations. Historical data may not be a reliable indication of the future risk profile of Index related risk: the risk that quantitative techniques used in creating the the Fund. The category shown is not guaranteed to remain unchanged and Index the Fund seeks to track do not generate the intended result, or that may shift over time.the portfolio of the Fund deviates from its Index composition or performance. The lowest category does not mean risk free.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 As the share class has no sufficient historical data available, simulated data investors may therefore pay more than the NAV per share when buying based on a representative portfolio model or benchmark have been used shares or may receive less than the current NAV per Share when selling instead.shares. Why is the Fund in this specific category? For a full discussion of all the risks applicable to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin The Fund intends to track the performance of the Index which is Templeton ICAV. constructed of US large capitalisation stocks selected from the Parent Index. 1/2Franklin S&P 500 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 charges0.07% 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• Past performance is not a guide to future performance.40.0• The past performance shown here includes all the ongoing charges.• The Fund was launched in 2020 and the present share class on30.0 29/07/2020.• Past performance is calculated in the currency of the present share class.20.0 10.0 0.0 -10.0 -20.0 -30.0 2020 2021 2022 2023 202431.2 -21.8 29.8 26.228.2 -18.5 25.7 24.5 Franklin S&P 500 Paris Aligned Climate UCITS ETF Class SINGLCLASS S&P 500 Net Zero 2050 Paris-Aligned ESG 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 • S&P's website (www.standardandpoors.com) contains more detailed deciding to invest.information about 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