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 Future of Food UCITS ETF Class SINGLASS • ISIN IE000ZOKLHY7 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l. Objectives and Investment Policy Franklin Future of Food UCITS ETF (the “Fund”) investment objective is to The Fund is passively managed and seeks to replicate the benchmark by provide exposure to companies that are involved in sustainable practicesholding all of the Index securities in a similar proportion to their weighting in across the food industry globally. the benchmark. Its portfolio, and thus its performance, closely resemble Investment Policy that of the benchmark. The Fund invests in equities of developed market companies that utilise Buying and selling shares technology, efficient production and supply practices, and/or demonstrate You may buy or sell shares daily through a broker on the stock exchange innovation with the aim of creating a sustainable food ecosystem, such as where the shares are traded. Authorised participants, such as selected sustainable and healthy food, agriculture machinery, smart farming, financial institutions, may buy or sell shares directly with the fund, on any packaging solutions and water technology. These investments are includedday the London Stock Exchange is open for business (provided that on in the benchmark. such day the markets on which substantially all of the Fund’s investments To be included in the Index, such securities have, or are expected to have, are traded are open). exposure to the provision of products and/or services within the food Intended retail investor industry. These companies operate in industry categories such asInvestors who understand the risks of the Fund and plan to invest for at sustainable and healthy food, agriculture machinery, smart farming, least 3 to 5 years. The Fund may appeal to investors who: aquaculture, packaging solutions and food supply, crop protection & nutrients or water technology. • are looking for long-term investment growth Index Securities are selected from the Solactive GBS Developed Markets • are interested in a thematic exposure to equity markets as part of a All Cap Index (the “Parent Index”) based on screening publicly availablediversified portfolio information such as financial news, business profiles and company • have a high risk profile and can tolerate significant short-term changes in publications using the Index Provider's proprietary natural languagethe share price processing algorithm. Product availability The Fund is available to all investors with at least Derivatives and techniques The Fund may use derivatives for hedging basic investment knowledge, through a wide range of distribution channels, and efficient portfolio management. with or without the need for advice. Strategy The investment manager seeks to minimise the differenceTerms to Understand between the Fund’s performance and that of the benchmark (tracking derivatives: Financial instruments whose value is linked to one or more error), regardless of whether the benchmark level rises or falls. rates, indexes, share prices or other values. SFDR category Article 8 (promotes environmental and/or social equities: Securities that represent partial ownership of a company. characteristics under EU regulations). efficient portfolio management: A strategy aimed at reducing risk, The benchmark consists of companies with higher environmental, social lowering costs or generating additional capital or income for the Fund and governance (ESG) ratings relative to their sector peers. It alsothrough the use of derivatives. These strategies must align with the Funds excludes or restricts investments in certain industries that are harmful to risk profile. the environment or society, such as fossil fuels, weapons and tobacco. The Fund also invests significantly in sustainable investments. Share Class Currency: USD For more information see www.franklintempleton.ie/36451 Treatment of Income: For accumulation shares, income from investments is reinvested in the Fund and reflected in the price of shares. Base currency US dollar (USD). Benchmark(s) Solactive Sustainable Food Index-NR. Used for index tracking only. Risk and Reward Profile Risks materially relevant not adequately captured by the indicator: Concentration risk: the risk that arises when a fund invests in relatively1 23 4 56 7 few holdings, few sectors or a restricted geographic area. Performance may be more volatile than a fund with a greater number of securities. Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their Lower risk Higher riskobligations, whether due to insolvency, bankruptcy or other causes. Potentially lower rewardsPotentially higher rewards 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 impact on the value of such instrument. Derivatives may involve additional What does this indicator mean and what are its limits? liquidity, credit and counterparty risks. Foreign Currency risk: the risk of loss arising from exchange-rate This indicator is designed to provide you with a measure of the price fluctuations or due to exchange control regulations. movement of this share class based on historical behavior. Index related risk: the risk that quantitative techniques used in creating the Index the Fund seeks to track do not generate the intended result, or that Historical data may not be a reliable indication of the future risk profile of the portfolio of the Fund deviates from its Index composition or the Fund. The category shown is not guaranteed to remain unchanged and performance. may shift over time.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 The lowest category does not mean risk free.investors may therefore pay more than the NAV per share when buying Why is the Fund in this specific category? shares or may receive less than the current NAV per Share when selling shares. The Fund intends to track the performance of the Solactive Sustainable For a full discussion of all the risks applicable to this Fund, please refer to Food Index-NR, composed of securities ranked and selected from the the “Risk Considerations” section of the current prospectus of Franklin Solactive GBS Developed Markets All Cap Index. As a result, the Templeton ICAV. performance of the Fund can fluctuate significantly over relatively short time periods.1/2Franklin Future of Food 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 5% 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 charges0.30% 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• The Fund was launched in 2023 and the present share class on 07/05/2023.0.0 -0.5 -1.0 -1.5 -2.0 -2.5 2020 2021 2022 2023 2024 -2.0 -2.0Franklin Future of Food UCITS ETF Class SINGLASS Solactive Sustainable Food Index-NR 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 28/04/2025. 2/2