Key Investor InformationThis 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 thisfund. 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”) the benchmark. Its portfolio, and thus its performance, closely resemble investment objective is to provide exposure to large capitalisation USthat of the benchmark. stocks which are aligned to the transition to a low carbon economy. Buying and selling shares Investment Policy You may buy or sell shares daily through a broker on the stock exchange The Fund invests in equities of US companies of large market capitalisation where the shares are traded. Authorised participants, such as selected that transition to a lower carbon economy or are less exposed to climate financial institutions, may buy or sell shares directly with the fund, on any transition risks. These investments are included in the benchmark.day the London Stock Exchange is open for business (provided that on The benchmark is based on the S&P 500 Index, its parent index, andsuch day the markets on which substantially all of the Fund’s investments provides exposure to US large capitalisation securities which are better are traded are open). aligned with the move towards a low-carbon economy and is constructed to Intended retail investor follow the EU Paris-aligned Benchmark (EU PAB) Regulations (RegulationInvestors who understand the risks of the Fund and plan to invest for at (EU) 2019/2089) (the “PAB Regulations”) least 3 to 5 years. The Fund may appeal to investors who: The benchmark overweights companies which are committed to reducing • are looking for long-term investment growth greenhouse gas emissions and will have a 50% decarbonization. In addition, the Green House Gas Intensity of the Index must reduce by 7%• are interested in exposure to large capitalisation US stocks which are annually. aligned to the transition to a low carbon economy as part of a diversified portfolio Derivatives and techniques The Fund may use derivatives for hedging and efficient portfolio management. • have a high risk profile and can tolerate significant short-term changes in the share price Strategy The investment manager seeks to minimise the difference between the Fund’s performance and that of the benchmark (trackingProduct availability The Fund is available to all investors with at least error), regardless of whether the benchmark level rises or falls. basic investment knowledge, through a wide range of distribution channels, with or without the need for advice. SFDR category Article 8 (promotes environmental and/or social characteristics under EU regulations).Terms to Understand The Index follows the PAB Regulations which are designed to help derivatives: Financial instruments whose value is linked to one or more investors shift towards a low-carbon economy and align investments to the rates, indexes, share prices or other values. Paris Climate Agreement. The Index tracks the performance of eligible equities: Securities that represent partial ownership of a company. equity securities, selected and weighted to be collectively compatible with a efficient portfolio management: A strategy aimed at reducing risk, 1.5ºC global warming climate scenario and to meet several other climate- lowering costs or generating additional capital or income for the Fund themed objectives. The Index also applies exclusions based on companies’ through the use of derivatives. These strategies must align with the Funds involvement in specific business activities. risk profile. For more information see www.franklintempleton.ie/29819 Share Class Currency: USD Base currency US dollar (USD).Treatment of Income: For accumulation shares, income from investments Benchmark(s) S&P 500 Net Zero 2050 Paris-Aligned ESG Index. Used for is reinvested in the Fund and reflected in the price of shares. index tracking only. The Fund is passively managed and seeks to replicate the benchmark by holding all of the Index securities in a similar proportion to their weighting in 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 rewards Potentially 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 ofIndex related risk: the risk that quantitative techniques used in creating the the Fund. The category shown is not guaranteed to remain unchanged andIndex 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 datainvestors 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 ETF 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 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 28/04/2025. 2/2