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 Future of Food UCITS ETF Class SINGLASS • ISIN IE000ZOKLHY7 • 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: 12/02/2025 What is this product? Type The securities in which the Fund invests will be primarily listed or traded on The product is a share class of the Sub-fund Franklin Future of Food UCITSrecognised markets globally in accordance with the limits set out in the UCITS ETF (the "Fund") which is part of the Franklin Templeton ICAV (the "Umbrella Regulations. Fund"), an Irish collective asset-management vehicle constituted as anThe Fund may use derivatives for efficient portfolio management purposes umbrella fund with segregated liability between Sub-Funds with registration only. number C167746 and authorised by the Central Bank of Ireland pursuant to The Fund is classified as Article 8 under the EU Sustainable Finance the European Communities (Undertakings for Collective Investment in Disclosure Regulation. Transferable Securities) Regulations 2011. The Investment Manager will aim to replicate the Index by holding all of the Term Index securities in a similar proportion to their weighting in the Index. The Fund has no maturity date. The Fund could be closed under the However, where full replication of the Index is not reasonably possible, the conditions laid down in the current prospectus of the Fund. Sub-Fund will use the optimisation methodology to select Index securities in Objectivesorder to build a representative portfolio that provides a return that is Investment Objective comparable to that of the Index but which may not track the Index with the The objective of the Fund is to provide exposure to companies that aresame degree of accuracy as an investment vehicle replicating the entire Index involved in sustainable practices across the food industry globally. may. Investment Policy Share Class Policy The Fund seeks to track the performance of the Solactive Sustainable Food For accumulation shares, income from investments is reinvested in the Fund Index-NR (the “Index”) as closely as possible, regardless of whether the and reflected in the price of shares. Index level rises or falls, while seeking to minimise as far as possible the Processing of subscription and redemption orders tracking error between the Fund's performance and that of the Index. The The Fund's shares are listed and traded on one or more stock exchanges. In Index is comprised of global equity securities issued by companies from normal circumstances, only authorised participants (e.g. select financial developed markets and is designed to measure the equity performance of institutions) may deal in shares directly with the Fund. Other investors can those companies related to the food industry that utilize technology, efficient deal in shares daily through a broker on stock exchange(s) on which the production and supply practices, and/or demonstrate innovation with the aim shares are traded. of creating a sustainable food ecosystem. To be included in the Index, such Intended retail Investor securities have, or are expected to have, exposure to the provision of products and/or services within the food industry. These companies operateThe Fund may appeal to investors looking to track the performance of the in industry categories such as sustainable and healthy food, agriculture companies that are involved in sustainable practices across the food industry machinery, smart farming, aquaculture, packaging solutions and food supply, globally and who are willing to hold their investment over the medium to long crop protection & nutrients or water technology. Index Securities are selectedterm, for a minimum period of 3 to 5 years. The Fund may be suitable for from the Solactive GBS Developed Markets All Cap Index (the “Parent Index”) investors who do not have specific knowledge and/or experience of financial based on screening publicly available information such as financial news, markets and who understand that they may not get back the full amount business profiles and company publications using the Index Provider's invested in the Fund. proprietary natural language processing algorithm. This algorithm screens Depositary the publicly available information for key words that the Index Provider has State Street Custodial Services (Ireland) Limited. selected to describe the Index's theme, to identify companies that have or areFurther Information expected to have exposure to the provision of products and/or services within Please refer to the 'Other relevant information' section below. the food industry. What are the risks and what could I get in return? Risk Indicator We have classified this product as 4 out of 7, which is a medium risk class. This rates the potential losses from future performance at a medium level, and poor market conditions could impact the capacity to pay you.1 2 3 4 5 6 7 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 considered in the indicator shown above.Lower risk Higher risk Other risks materially relevant to the product not included in the summary risk indicator: • Index Related risk • Secondary Market Trading risk The risk indicator assumes you keep the product for 5 year(s). For a full discussion of all the risks applicable to this Fund, please refer to! The actual risk can vary significantly if you cash in at an early stage and you may get back less. the "Investment Risk" section of the Fund supplement. This product does not include any protection from future market performance so you could lose some or all of your investment. The summary risk indicator is a guide to the level of risk of this product 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: 5 years Example Investment:10 000 USD If you exit after 1 year If you exit after 5 years Scenarios Minimum There is no minimum guaranteed return. You could lose some or all of your investment. What you might get back after costs 2 360 USD 4 100 USD Stress Average return each year -76.40% -16.33% What you might get back after costs 8 420 USD 9 150 USD Unfavourable Average return each year -15.80% -1.76% What you might get back after costs 10 430 USD 12 700 USD Moderate Average return each year 4.30% 4.90% What you might get back after costs 12 410 USD 14 600 USD Favourable Average return each year 24.10% 7.86% 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 July 2023 and December 2024. Moderate scenario: This type of scenario occurred for an investment using the benchmark as stated in the prospectus between February 2018 and February 2023. Favourable scenario: This type of scenario occurred for an investment using the benchmark as stated in the prospectus between December 2018 and December 2023. 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. State Street Custodial Services (Ireland) Limited, 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 If you exit after 1 year If you exit after 5 years Total costs33 USD 200 USD Annual cost impact (*)0.3%0.3% 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 5.2% before costs and 4.9% 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 CostsOne-off costs upon entry or exit If you exit after 1 year 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 year Management fees and other 0.30% of the value of your investment per year. This is an estimate based on actual costs administrative or operating 30 USD over the last year. costs 0.03% 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 3 USD depending on how much we buy and sell. Incidental costs taken under 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: 5 year(s) This Fund has no minimum required holding period. We consider that the 5 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: State Street Fund Services (Ireland) Limited, 78 Sir John Rogerson's Quay, Dublin 2, Ireland or your financial adviser. The past performance presenting on the last 1 year and previous performance scenario calculations are available under: - https://docs.data2report.lu/documents/FTI/KID_PP/KID_annex_PP_IE000ZOKLHY7_en.pdf - https://docs.data2report.lu/documents/FTI/KID_PS/KID_annex_PS_IE000ZOKLHY7_en.pdf