0001741773-23-003181 Sample Contracts

SUB-ADVISORY AGREEMENT FRANKLIN Templeton ETF Trust On behalf of Franklin FTSE Asia ex Japan ETF
Sub-Advisory Agreement • September 15th, 2023 • Franklin Templeton ETF Trust

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of September 11, 2023, is made between FRANKLIN ADVISORY SERVICES, LLC, a Delaware limited liability company (“FASL”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (“FT Institutional”).

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WESTERN ASSET BOND ETF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • September 15th, 2023 • Franklin Templeton ETF Trust • California

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

SUB-SUB-ADVISORY AGREEMENT
Sub-Sub-Advisory Agreement • September 15th, 2023 • Franklin Templeton ETF Trust

THIS SUB-SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of August 1, 2023, is made between WESTERN ASSET MANAGEMENT COMPANY, LLC, a California limited liability company (“Sub-Adviser”), and WESTERN ASSET MANAGEMENT COMPANY LIMITED, a corporation organized under the laws of England and Wales (“WAML”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 15th, 2023 • Franklin Templeton ETF Trust

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

SUB-SUB-ADVISORY AGREEMENT
Sub-Sub-Advisory Agreement • September 15th, 2023 • Franklin Templeton ETF Trust

THIS SUB-SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of August 1, 2023, is made between WESTERN ASSET MANAGEMENT COMPANY, LLC, a California limited liability company (“Sub-Adviser”), and WESTERN ASSET MANAGEMENT COMPANY PTE. LTD., a corporation organized under the laws of Singapore (“WAMS”).

SUB-SUB-ADVISORY AGREEMENT
Sub-Sub-Advisory Agreement • September 15th, 2023 • Franklin Templeton ETF Trust

THIS SUB-SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of August 1, 2023, is made between WESTERN ASSET MANAGEMENT COMPANY, LLC, a California limited liability company (“Sub-Adviser”), and WESTERN ASSET MANAGEMENT COMPANY LTD, a corporation organized under the laws of Japan (“WAMJ”).

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