FRANKLIN TEMPLETON INC

The information required by this Item 11 is incorporated by reference from the information to be provided under the sections of our 2027 Proxy Statement titled “Director Fees,” “Compensation Discussion and Analysis” and “Executive Compensation.”

During the quarter ended March 31, 2026, Franklin identified that the amount reported in the supplemental disclosure of cash flow information in its consolidated statement of cash flows for cash paid for income taxes was understated for the nine month period ended June 30, 2025. Franklin determined this had no impact on net income attributable to Franklin, earnings per share, total assets, total liabilities, retained earnings, total shareholders’ equity, operating cash flow activities, or on the financial results attributable to Franklin’s shareholders. Franklin determined this did not result in a material misstatement to its previously issued consolidated financial statements, though, for comparability, Franklin revised the comparative prior interim period amounts included in the consolidated statements of cash flows. Franklin concluded that there was no erroneously awarded executive compensation requiring recovery under Franklin’s Executive Compensation Clawback Policy because the revised prior interim period amounts did not impact any metric used in determining executive compensation.