Key Information Document Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.Product Franklin US Treasury 0-1 Year UCITS ETF Class USD (Acc) • ISIN IE000E02WFD5 • A sub-fund of Franklin Templeton ICAV Management company (and Manufacturer): Franklin Templeton International Services S.à r.l. ("FTIS"), part of the Franklin Templeton group of companies. Website: www.franklintempleton.lu Call (+352) 46 66 67-1 for more information The Commission de Surveillance du Secteur Financier (CSSF) is responsible for supervising Franklin Templeton International Services S.à r.l. in relation to this Key Information Document. This PRIIP is authorised in Ireland. Date of Production of the KID: 19/02/2026What is this product? TypeFor accumulation shares, income from investments is reinvested in the Fund The product is a share class of the Sub-fund Franklin US Treasury 0-1 Year and reflected in the price of shares. UCITS ETF (the "Fund") which is part of the Franklin Templeton ICAV (theBuying and selling shares "Umbrella Fund"), an Irish collective asset-management vehicle constituted You may buy or sell shares daily through a broker on the stock exchange as an umbrella fund with segregated liability between Sub-Funds withwhere the shares are traded. Authorised participants, such as selected registration number C167746 and authorised by the Central Bank of Ireland financial institutions, may buy or sell shares directly with the fund, on any day pursuant to the European Communities (Undertakings for Collective markets are open for business in the United Kingdom (provided that on such Investment in Transferable Securities) Regulations 2011.day the markets on which substantially all of the Fund’s investments are Termtraded are open). The Fund has no maturity date. The Fund could be closed under the Intended retail Investor conditions laid down in the current prospectus of the Fund. Investors who understand the risks of the Fund and plan to invest for at least Objectives 3 to 5 years. The Fund may appeal to investors who: Investment Objective• have a medium risk profile and can tolerate moderate short-term changes To provide exposure to short term US Treasury securities denominated in in the share price; and USD.• are interested in exposure to US debt markets as part of a diversified Investment Policy portfolio. The Fund invests in US Treasury notes and bonds as well as US Treasury Product availability The Fund is available to all investors with at least basic bills that are included in the benchmark. investment knowledge, through a wide range of distribution channels, with or The Index, tracks the market for treasury bills, notes and bonds issued by the without the need for advice. US government with at least one month and less than 12 months to maturity. Derivatives and techniques The Fund may use derivatives for hedging, efficient portfolio management and investment purposes. Terms to understand Strategy The investment manager seeks to minimise the difference between derivatives: Financial instruments whose value is linked to one or the Fund’s performance and that of the benchmark (tracking error), more rates, indexes, share prices or other values. regardless of whether the benchmark level rises or falls. SFDR category Article 6 (does not promote environmental and/or socialbonds: Securities that represent an obligation to repay a debt, characteristics or have a sustainable investment objective under EU along with interest. regulations). efficient portfolio management: A strategy aimed at reducing risk, Base currency US dollar (USD). lowering costs or generating additional capital or income for the Benchmark(s) Bloomberg US Short Treasury Index. Used for index tracking Fund through the use of derivatives. These strategies must align only.with the Funds risk profile. 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 the benchmark. Its portfolio, and thus its performance, closely resemble that of the benchmark. Depositary Share Class Policy The Bank Of New York Mellon SA/NV Further Information Please refer to the 'Other relevant information' section below. Key Information Document Page 1 of 3 What are the risks and what could I get in return? Risk Indicator We have classified this product as 1 out of 7, which is the lowest risk class. This rates the potential losses from future performance at a very low level, and poor market conditions are very unlikely to impact the capacity to pay1 2 3 4 5 6 7 you. Be aware of currency risk. In some circumstances, you may receive payment in a different currency, so that the final return you get may depend on the exchange rate between the two currencies. This risk is not consideredLower risk Higher risk in the indicator shown above. Due to effects of unusual market conditions, other risks could be triggered, 1. such as: The risk indicator assumes you keep the product for 3 year(s). • Credit risk The actual risk can vary significantly if you cash in at an early • Counterparty risk stage and you may get back less. 2. Please refer to the prospectus for more detail. This product does not include any protection from future market performance The summary risk indicator is a guide to the level of risk of this product so you could lose some or all of your investment. compared to other products. It shows how likely it is that the product will lose money because of movements in the markets. Performance Scenarios The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and the suitable benchmark over the last 10 years. Markets could develop very differently in the future. Recommended holding period: 3 years Example Investment: 10000 USD Scenarios Returns If you exit after 1 year If you exit after 3 years There is no minimum guaranteed return. You could lose Minimum- -some or all of your investment. Stress What you might get back after costs 9 830 USD 9 870 USD Stress Average return each year -1.70% -0.44% Unfavourable What you might get back after costs 9 980 USD 10 140 USD Unfavourable Average return each year -0.20% 0.46% Moderate What you might get back after costs 10 170 USD 10 500 USD Moderate Average return each year 1.70% 1.64% Favourable What you might get back after costs 10 550 USD 11 520 USD Favourable Average return each year 5.50% 4.83% The stress scenario shows what you might get back in extreme market circumstances. Unfavourable scenario: This type of scenario occurred for an investment using the benchmark as stated in the prospectus between October 2019 and October 2022. Unfavourable scenario: This type of scenario occurred for an investment using the benchmark as stated in the prospectus between October 2019 and October 2022. Favourable scenario: This type of scenario occurred for an investment using the benchmark as stated in the prospectus between November 2022 and November 2025. What happens if Franklin Templeton International Services S.à r.l. is unable to pay out? Franklin Templeton International Services S.à r.l. ("FTIS") is the management company of the Fund, but the assets are held separately from FTIS by the depositary. The Bank Of New York Mellon SA/NV, Dublin Branch, The Shipping Office, Sir John Rogerson’s Quay, Dublin 2, Ireland, as the appointed depositary of the Fund, is liable to the Fund or its shareholders for any loss of financial instruments held in custody by it or its delegates (cash could however be lost in case of default of the depositary or its delegates). There is no compensation or guarantee scheme protecting you from a default of the Fund's depositary. What are the costs? The person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these costs and how they affect your investment. Costs over Time The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest, how long you hold the product and how well the product does. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. We have assumed: • In the first year you would get back the amount that you invested (0% annual return). For the other holding periods we have assumed the product performs as shown in the moderate scenario • USD 10 000 is invested Key Information Document Page 2 of 3 Costs over Time If you exit after 1 year If you exit after 3 years Total costs18 USD57 USD Annual cost impact (*)0.2%0.2% each year (*) This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended holding period your average return per year is projected to be 1.8% before costs and 1.6% after costs. We may share part of the costs with the person selling you the product to cover the services they provide to you. They will inform you of the amount. Please note that the figures shown here do not include any additional fees that may be charged by your distributor, advisor or any insurance wrapper in which the fund may be placed. Composition of Costs One-off costs upon entry or Description If you exit after 1 year exit Entry costs We do not charge an entry fee.0 USD We do not charge an exit fee for this product, but the person selling you the product may do Exit costs0 USD so. Ongoing costs taken each Description If you exit after 1 year year Management fees and other 0.05% of the value of your investment per year. This is an estimate based on actual costs administrative or operating 5 USD over the last year. costs 0.13% of the value of your investment per year. This is an estimate of the costs incurred Transaction costs when we buy and sell the underlying investments for the product. The actual amount will vary 13 USD depending on how much we buy and sell. Incidental costs taken under Description If you exit after 1 year specific conditions Performance fees (and carried There is no performance fee for this product. 0 USD interest)How long should I hold it and can I take money out early? Recommended holding period: 3 year(s) This Fund has no minimum required holding period. We consider that the 3 year recommended holding period is appropriate because the Fund is designed for long-term investment. You may sell your shares on any dealing day. The value of your investments may go down as well as up irrespective of the period you are holding your investments, depending on such factors as the performance of the Fund, movements in stock and bond prices, and conditions in financial markets generally. Please contact your broker, financial adviser or distributor for information on any costs and charges relating to the sale of the shares. How can I complain? Investors who would like to receive the procedures relating to complaints handling or wish to make a complaint about the Fund, the operation of FTIS or the person advising on or selling the Fund, should go on the website www.franklintempleton.lu, contact Franklin Templeton International Services, S.à r.l., 8A, rue Albert Borschette L-1246 Luxembourg, or send an e-mail to the client service department at etfteamta@statestreet.com & kure_transaction_monitoring_client_communication@statestreet.com.Other relevant information For further information on the investment objective and policies of the Fund, please refer to the Fund supplement within the current prospectus. Copies of the latest prospectus, including the Fund's supplement, and the latest annual & semi-annual reports of Franklin Templeton ICAV, as well as the latest prices of shares and other information on the Fund (including other share classes of the Fund) are available in English and, selectively, in certain other languages on the website www.franklintempleton.ie, your local Franklin Templeton website, or may be obtained free of charge from the Administrator: BNY Mellon Fund Services (Ireland) DAC, The Shipping Office, Sir John Rogerson’s Quay, Dublin 2, Ireland or your financial adviser. Under current legislation, we are not allowed to display performance data for funds with less than a complete full calendar year. Previous performance scenario calculations are available under: - https://docs.data2report.lu/documents/FTI/KID_PP/KID_annex_PP_IE000E02WFD5_en.pdf - https://docs.data2report.lu/documents/FTI/KID_PS/KID_annex_PS_IE000E02WFD5_en.pdf Key Information Document Page 3 of 3