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Intended for informational purposes only. A fund may not be available in all jurisdictions. Information has been prepared from sources believed reliable.

In Europe (excluding UK & Switzerland), issued by Franklin Templeton International Services S.à r.l. – Supervised by the Commission de Surveillance du Secteur Financier – 8A, rue Albert Borschette, L-1246 Luxembourg - Tel: +352-46 66 67-1 - Fax: +352-46 66 76.

In the UK this financial promotion is issued by Franklin Templeton Investment Management Limited (FTIML), registered office Cannon Place, 78 Cannon Street, London, EC4N 6HL. FTIML is authorised and regulated by the Financial Conduct Authority. UK Investors should also read the Fund’s Supplementary Information Document. In Switzerland, issued and approved by Franklin Templeton Switzerland Ltd. Investors in Switzerland: The representative in Switzerland is FIRST INDEPENDENT FUND SERVICES LTD., Klausstrasse 33, 8008 Zurich, Switzerland and the paying agent in Switzerland is NPB Neue Privat Bank AG, Limmatquai 1, 8024 Zurich, Switzerland. Copies of the Articles of Association, the Prospectus, the Key Investor Information Documents and the annual and semi-annual reports of the Company may be obtained free of charge from the representative in Switzerland.

The aforementioned Legg Mason entities are wholly owned subsidiaries of Franklin Resources, Inc.