Investment management arrangements

Franklin Global Trust plc

(the "Company")

Legal Entity Identifier: 549300RKB85NFVSTBM94

Investment management arrangements

The Board of the Company is pleased to announce some changes to the Company's investment management arrangements following the recent announcement by Franklin Templeton that the Martin Currie brand will retire in 2025. Effective 12 July 2025, Zehrid Osmani and the Global Long-Term Unconstrained ("GLTU") team will move from Martin Currie Investment Management Limited ("MCIM") to Franklin Templeton Investment Management Limited ("FTIML"), and subject to FCA consent, investment management will be delegated to both FTIML and Franklin Advisers, Inc. rather than to MCIM.

As a result, California-based Jonathan Curtis, Chief Investment Officer of Franklin Equity Group ("FEG"), will on that date join as co-portfolio manager of the Company alongside the current portfolio manager, Zehrid Osmani.  In the meantime, effective immediately, Jonathan will work closely with Zehrid and his team to ensure a smooth transition of the GLTU team under FEG.

Christopher Metcalfe, Chairman: 'The Board is looking forward to Jonathan and his team joining Zehrid Osmani in the management of the portfolio. As previously stated, we believe the significant research resources that FEG offer can enhance shareholder returns'.

Jonathan has over 30 years of experience in the industry. In his role as executive vice president and CIO of FEG he has oversight of investment teams who manage equity and convertibles strategies, along with FEG's research and venture capital teams. Headquartered in the middle of the Silicon Valley, FEG offers in-depth expertise in managing global, U.S. and sector-specific strategies across the style and capitalisation spectrum. The team has more than $130 billion in assets under management as of 31 December 2024 and over 60 investment professionals.

For further information, please contact: [email protected]

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.