0001741773-23-002367 Sample Contracts

SUB-ADVISORY AGREEMENT FRANKLIN TEMPLETON ETF TRUST On behalf of FRANKLIN U.S. CORE BOND ETF
Sub-Advisory Agreement • July 26th, 2023 • Franklin Templeton ETF Trust

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of March 31, 2023, is made between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (“FT Institutional”).

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FRANKLIN FOCUSED GROWTH ETF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 26th, 2023 • Franklin Templeton ETF Trust • California

THIS INVESTMENT MANAGEMENT AGREEMENT, effective as of November 1, 2023, is made between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN FOCUSED GROWTH ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

Re: Distribution Agreement
Distribution Agreement • July 26th, 2023 • Franklin Templeton ETF Trust

We, Franklin Templeton ETF Trust (the “Trust”), are a Delaware statutory trust operating as an open-end management investment company, which is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose shares are registered under the Securities Act of 1933, as amended (the “1933 Act”). We desire to issue one or more series of our authorized but unissued shares of beneficial interest (the “Shares”), generally only in aggregations constituting a Creation Unit, as such term is defined in the registration statement filed from time to time by the Trust with the U.S. Securities and Exchange Commission (the “Commission”) and effective under the 1933 Act and the 1940 Act (the “Registration Statement”), only to Authorized Participants (as that term is defined in the Registration Statement) in accordance with applicable Federal and State securities laws. The Trust’s Shares may be made available in one or more separate series. Shares are anticipated to be listed

AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 26th, 2023 • Franklin Templeton ETF Trust • Delaware

This Amendment, effective as of February 1, 2023, is to the Investment Management Agreement (the “Agreement”) made as of June 30, 2022, by and between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of MARTIN CURRIE SUSTAINABLE INTERNATIONAL EQUITY ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 26th, 2023 • Franklin Templeton ETF Trust • Delaware

This Amendment, effective as of February 1, 2023, is to the Investment Management Agreement (the “Agreement”) made as of June 30, 2022, by and between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of BRANDYWINEGLOBAL- DYNAMIC US LARGE CAP VALUE ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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