0001741773-23-002337 Sample Contracts

BRANDYWINEGLOBAL-U.S. FIXED INCOME ETF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 21st, 2023 • Franklin Templeton ETF Trust • California

THIS INVESTMENT MANAGEMENT AGREEMENT, effective as of July 1, 2023, is made between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of BrandywineGLOBAL-U.S. Fixed Income ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • July 21st, 2023 • Franklin Templeton ETF Trust

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of July 1, 2023, is made between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and BRANDYWINEGLOBAL INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (“Sub-Adviser”).

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