FTIF - Templeton Euroland Fund August 31, 2021

August 31, 2021 FTIF - Templeton Euroland Fund

Portfolio Holdings

The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the annual financial statements of the fund.

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

B1YXBJ7 SA 26,607 €4,039,042 2.05% N/A N/A

B3MSM28 AMADEUS IT GROUP SA 72,399 €3,745,056 1.90% N/A N/A

BYYHL23 ANHEUSER-BUSCH INBEV SA/NV 68,099 €3,537,294 1.80% N/A N/A

BYPBS67 ARCELORMITTAL SA 114,597 €3,255,202 1.66% N/A N/A

BF37983 BREMBO SPA 157,012 €1,922,626 0.98% N/A N/A

7380482 CIE DE SAINT-GOBAIN 59,829 €3,673,240 1.87% N/A N/A

BM95XP5 COMPLEO CHARGING SOLUTIONS AG 11,313 €1,221,804 0.62% N/A N/A

4598589 CONTINENTAL AG 32,280 €3,673,962 1.87% N/A N/A

4182249 CRH PLC 107,140 €4,806,978 2.44% N/A N/A

B1Y9TB3 SA 69,210 €4,280,425 2.18% N/A N/A

7021963 DEUTSCHE BOERSE AG 23,627 €3,450,889 1.75% N/A N/A

5842359 AG 282,494 €5,087,223 2.59% N/A N/A

5119901 DUERR AG 80,777 €3,370,155 1.71% N/A N/A

B13X013 EIFFAGE SA 55,707 €4,908,949 2.50% N/A N/A

BVSS790 ELIS SA 203,497 €3,054,189 1.55% N/A N/A

4942904 E.ON SE 123,430 €1,379,191 0.70% N/A N/A

BNBNSG0 NV 58,137 €5,713,719 2.90% N/A N/A

BD6G507 FERRARI NV 7,569 €1,390,532 0.71% N/A N/A

BYT05J2 FLOW TRADERS 65,434 €2,257,473 1.15% N/A N/A

4557104 GEA GROUP AG 75,882 €2,966,373 1.51% N/A N/A

BSHYK55 HELLA GMBH & CO KGAA 38,606 €2,336,765 1.19% N/A N/A

5889505 INFINEON TECHNOLOGIES AG 136,926 €4,937,539 2.51% N/A N/A

BZ57390 ING GROEP NV 360,105 €4,207,005 2.14% N/A N/A

INTERNATIONAL CONSOLIDATED B5282K0 1,951,130 €3,640,320 1.85% N/A N/A AIRLINES GROUP SA

BZ24134 INTERTRUST NV 137,446 €1,804,669 0.92% N/A N/A

DDD1073181 JDE PEET'S NV 156,334 €4,549,319 2.31% N/A N/A

BYQ7HZ6 JUST EAT TAKEAWAY.COM NV 40,557 €3,112,192 1.58% N/A N/A

B0B87F6 MARR SPA 257,525 €5,284,483 2.69% N/A N/A franklintempleton.lu 1 FTIF - Templeton Euroland Fund August 31, 2021

Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date

B575PB8 NXP SEMICONDUCTORS NV 31,401 €5,595,224 2.84% N/A N/A

5228658 RANDSTAD NV 20,732 €1,293,103 0.66% N/A N/A

BD6FXN3 RED ELECTRICA CORP SA 68,453 €1,156,209 0.59% N/A N/A

B09CBL4 PLC 369,972 €6,233,179 3.17% N/A N/A

B156T57 SBM OFFSHORE NV 427,054 €6,582,379 3.35% N/A N/A

5727973 AG 33,606 €4,721,624 2.40% N/A N/A

BYY7VY5 NV 116,012 €5,504,386 2.80% N/A N/A

B1RR828 SMURFIT KAPPA GROUP PLC 80,871 €3,925,495 2.00% N/A N/A

4821100 SOLVAY SA 21,177 €2,347,553 1.19% N/A N/A

5962332 STMICROELECTRONICS NV 32,195 €1,214,635 0.62% N/A N/A

BD9Y5C0 TECHNOGYM SPA 125,906 €1,260,572 0.64% N/A N/A

B15C557 TOTALENERGIES SE 163,339 €6,118,914 3.11% N/A N/A

BF44466 UMICORE SA 67,451 €3,758,974 1.91% N/A N/A

B10RZP7 PLC 62,243 €2,935,171 1.49% N/A N/A

4031879 ENVIRONNEMENT SA 155,775 €4,527,440 2.30% N/A N/A

franklintempleton.lu 2 FTIF - Templeton Euroland Fund August 31, 2021

LUXEMBOURG PUBLIC DISCLAIMER

This information is intended to be of general information and interest only and does not constitute legal or neither tax advice nor is it an offer for shares or invitation to apply for shares of the -domiciled SICAV Franklin Templeton Investment Funds (the “Fund”). Nothing in this information should be construed as investment advice.

Information and data provided at publication date are subject to change without prior notice especially given the rapidly changing market environment. Franklin Templeton Investments disclaims responsibility for updating this data and should not be liable to any user of this information or to any other person or entity for the inaccuracy of information or any errors or omissions in its content, regardless of the cause of such inaccuracy, error or omission.

Subscriptions to shares of the Fund can only be made on the basis of the current prospectus of the Fund and where available, in the relevant Key Investor Information Document, accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter.

The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indication or a guarantee of future performance. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations.

An investment in the Fund entails risks which are described in the Fund’s prospectus and where available, in the relevant Key Investor Information Document. In emerging markets, the risks can be greater than in developed markets. Investments in derivative instruments entail specific risks more fully described in the Fund’s prospectus and where available, in the relevant Key Investor Information Document.

No shares of the Fund may be directly or indirectly offered or sold to nationals or residents of the United States of America. Shares of the Fund are not available for distribution in all jurisdictions and prospective investors should confirm availability with their local Franklin Templeton Investments representative before making any plans to invest.

Any research and analysis contained in this document has been procured by Franklin Templeton Investments for its own purposes and is provided to you only incidentally. References to particular industries, sectors or companies are for general information and are not necessarily indicative of a fund’s future performance.

Please consult your financial advisor before deciding to invest. A copy of the latest prospectus, and where available, the relevant Key Investor Information Document, the annual report and semi-annual report, if published, thereafter can be found on our website www.ftidocuments.com or can be obtained, free of charge, from Franklin Templeton International Services S.à r.l.- Supervised by the Commission de Surveillance du Secteur Financier - 8A, rue Albert Borschette L-1246 Luxembourg - Tel: +352-46 66 67-1 - Fax: +352-46 66 76.

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