Company: TXEMF
Filing Date: 2025-03-03
Form Type: N-CSR
Source: 0001133228-25-001853
Chunk: 141

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-03-03
Form: N-CSR
Chunk 141
---
 issuer is flagged as a potential conflict of interest, the Investment Managers may nonetheless vote as it deems in the best interests
of its Advisory Clients. The Investment Managers will report such decisions on an annual basis to Advisory Clients as may be required.

Appendix A

These Proxy Policies apply to accounts managed by personnel
within Franklin Equity Group, which includes the following Investment Managers:

Franklin Advisers, Inc. (FAV)

Franklin Templeton Institutional, LLC

The following Proxy Policies apply to FAV only:

HOW THE INVESTMENT MANAGERS VOTE PROXIES

Proxy Services

Certain of the Investment Managers’ separate accounts or
funds (or a portion thereof) are included under Franklin Templeton Investment Solutions (“FTIS”), a separate investment group
within Franklin Templeton, and employ a quantitative strategy.

For such accounts, FTIS’s proprietary methodologies
rely on a combination of quantitative, qualitative, and behavioral analysis rather than fundamental security research and analyst coverage
that an actively-managed portfolio would ordinarily employ. Accordingly, absent client direction, in light of the high number of positions
held by such accounts and the considerable time and effort that would be required to review proxy statements and ISS or Glass Lewis recommendations,
the Investment Manager may review ISS’s non-US Benchmark guidelines, ISS’s specialty guidelines (in particular, ISS’s
Sustainability guidelines), or Glass Lewis’s US guidelines (the “the ISS and Glass Lewis Proxy Voting Guidelines”) and
determine, consistent with the best interest of its clients, to provide standing instructions to the Proxy Group to vote proxies according
to the recommendations of ISS or Glass Lewis.

The Investment Manager, however, retains the ability to
vote a proxy differently than ISS or Glass Lewis recommends if the Investment Manager determines that it would be in the best interests
of Advisory Clients.

| ITEM 13. | PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |

(a)(1) As of February 28, 2025, the portfolio managers of the Fund
are as follows:

MICHAEL HASENSTAB, Ph.D., Senior Vice President of Franklin Advisers

Dr. Hasenstab has been the lead portfolio manager of the Fund since
2002. He has final authority over all aspects of the Fund’s investment portfolio, including but not limited to, purchases and sales
of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated management
requirements. The degree to which he may perform these