RNS ANNOUNCEMENT

Franklin Templeton ICAV (the "Company")

Franklin Global Equity SRI UCITS ETF (the "Fund")

14 March 2025

Termination of Franklin Global Equity SRI UCITS ETF

The Company announces that, in accordance with the terms of Article 19.1.3 of the Instrument of Incorporation of the ICAV and the terms of the Prospectus, the Directors have determined to terminate the Fund with effect from 15 April 2025 (the "Compulsory Redemption Date"). The last day of trading of shares in the Fund will be 14 April 2025 (the "Final Exchange Trading Date"), after which point the shares will be suspended from trading and permanently delisted from the Deutsche Börse Xetra, the London Stock Exchange, the Borsa Italiana, the Euronext Amsterdam Exchange and the SIX Swiss Exchange (the "Relevant Exchanges").

All Shares held in the Fund as of the close of business on the Compulsory Redemption Date will be compulsorily redeemed on such date at the applicable Net Asset Value per Share calculated in accordance with the Prospectus and Instrument of Incorporation. The Fund will be closed to further subscriptions as from the date of this announcement.

The compulsory redemption of Shares and termination of the Fund will be conducted in accordance with the terms of the Prospectus, the Instrument of Incorporation and Irish law.

Why the Fund is being terminated

The reason for the compulsory redemption and subsequent termination of the Fund is due to the small size of the Fund, meaning its continuing operation will no longer be considered as economically viable. As a result, the Directors have determined that it is in the ultimate best interest of Shareholders of the Fund to terminate the Fund.

What it means to you

This notice does not in any way impact the ability of Authorised Participants to redeem Shares in the Fund free of charge in accordance with the redemption procedures set out in the Prospectus that apply to Shares in the Fund at any time up to the Dealing Deadline on 14 April 2025, being the last dealing day of the Fund.

Shareholders on the secondary market should consider selling your Shares on a Relevant Exchange on or before the Final Exchange Trading Date if you wish to avoid the compulsory redemption of your shares. No exit/redemption fees apply when selling your Shares on the secondary market, however, brokerage commissions and fees may be applied by market intermediaries. The last trading date is 14 April 2025.

If you have not made a redemption before the Final Dealing Deadline or sold your shares before the Final Exchange Trading Date, your holdings in the Fund will be compulsorily redeemed from the Fund on the Compulsory Redemption Date. The compulsory redemption of Shares and termination of the Fund will be conducted in accordance with the terms of the Prospectus, the Instrument of Incorporation and Irish law.

Termination Expenses

As of 28 February 2025, the Fund's total net assets amounted to USD 20,518,409 and the total expense ratio ("TER") of the Fund was as follows:

There are no unamortised preliminary expenses for the Fund. Expenses and costs relating to the termination of the Fund will be borne by the Manager and/or Investment Manager of the Fund.

How we will operate the liquidation

Franklin Advisory Services LLC and Franklin Templeton Investment Management Limited, as the Fund's Investment Managers, will begin the orderly liquidation of the Fund's assets from the date of this notice. As the liquidation of the Fund's assets begins, the Fund may not be managed in accordance with its investment objective and policy.

No Shareholder meeting or vote is necessary in connection with the compulsory redemption and therefore no action is required by you other than, if applicable, as set out in the heading to this Notice. We thank you for your continued support of the ICAV. Shareholders are advised to consult their relationship manager or professional adviser in connection with any questions you may have concerning the contents of this Notice.