TEMPLETON EAFE As at September 30, 2020 DEVELOPED MARKETS FUND Summary of Investment Portfolio REGIONAL WEIGHTINGS (%)* ASSET CLASS WEIGHTINGS (%) Europe 49.97 Common Stocks 91.84 Asia 41.87 Short-term securities and all other assets, net 8.16 INDUSTRY WEIGHTINGS (%)* TOP 25 HOLDINGS (%) Pharmaceuticals 10.94 Cash and cash equivalents** 5.79 Electronic Equipment, Instruments & Components 5.49 Deutsche Telekom AG 3.39 Multi-Utilities 5.30 Takeda Pharmaceutical Co. Ltd. 3.11 Real Estate Management & Development 5.05 E.ON SE 2.95 Chemicals 4.71 Hitachi Ltd. 2.93 Food & Staples Retailing 4.23 Fresenius Medical Care AG & Co. KGaA 2.83 Banks 4.18 BAE Systems PLC 2.80 Automobiles 4.09 AIA Group Ltd. 2.72 Semiconductors & Semiconductor Equipment 3.99 Bayer AG 2.63 Diversified Telecommunication Services 3.47 Kyocera Corp. 2.55 Oil, Gas & Consumable Fuels 2.96 Sumitomo Metal Mining Co. Ltd. 2.48 Health Care Providers & Services 2.83 Honda Motor Co. Ltd. 2.41 Aerospace & Defense 2.80 Sony Corp. 2.37 Textiles, Apparel & Luxury Goods 2.74 Covestro AG 2.36 Insurance 2.72 NXP Semiconductors NV 2.36 Machinery 2.60 Veolia Environnement SA 2.35 Metals & Mining 2.48 Matsumotokiyoshi Holdings Co. Ltd. 2.22 Wireless Telecommunication Services 2.44 Komatsu Ltd. 2.18 Industrial Conglomerates 2.38 Mitsui Fudosan Co. Ltd. 2.13 Household Durables 2.37 Roche Holding AG 2.08 Electrical Equipment 1.80 Sanofi 2.05 Construction & Engineering 1.59 Seven & i Holdings Co. Ltd. 2.01 Construction Materials 1.57 Sumitomo Mitsui Financial Group Inc. 2.01 Marine 1.57 Yara International ASA 1.83 Auto Components 1.45 CK Asset Holdings Ltd. 1.80 Beverages 1.19 Health Care Equipment & Supplies 0.96 TOTAL NET ASSET VALUE: $48,634,000 Household Products 0.84 * Excluding short-term securities and all other assets, net. Professional Services 0.75 ** Cash and cash equivalents may include bonds that have a remaining term to maturity of 365 Media 0.75 days or less that are issued by certain governments, supranational agencies or financial Hotels, Restaurants & Leisure 0.72 institutions and have a “designated rating” (as defined in Canadian securities law). IT Services 0.50 Above is an outline of the investments held in the Fund as a Airlines 0.38 percentage of the Fund’s net assets. Due to ongoing portfolio transactions, the investments and percentages may have changed by the time you purchase units of the Fund. The top 25 holdings are made available quarterly, 60 days after the quarter-end. To obtain a copy, please contact a member of our client services team at 1.800.387.0830 or visit www.franklintempleton.ca..