0001379491-21-000809 Sample Contracts

SUBADVISORY AGREEMENT TEMPLETON DEVELOPING MARKETS TRUST
Sub-Advisory Agreement • March 1st, 2021 • Templeton Developing Markets Trust • California

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), made as of the 9th day of November 2020, by and between TEMPLETON ASSET MANAGEMENT LTD., a public company limited by shares incorporated in Singapore (“TAML”), and FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED, a company limited by shares incorporated in England (“FTIML”).

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