Company: TXEMF
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001741773-25-001395
Chunk: 5

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 5
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ifications, the Nominating Committee generally considers the potential candidate’s educational
background, business or professional experience, and reputation. In addition, the Nominating Committee
has established as minimum qualifications for Board membership as an Independent Trustee: (1) that such
candidate be independent from relationships with the Fund’s investment manager and other principal
service providers both within the terms and the spirit of the statutory independence requirements specified
under the 1940 Act and the rules thereunder; (2) that such candidate demonstrate an ability and willingness
to make the considerable time commitment, including personal attendance at Board meetings, believed necessary
to his or her function as an effective Board member; and (3) that such candidate have no continuing
relationship as a director, officer or board member of any U.S. registered investment company other than
those within the Franklin Templeton fund complex or a closed-end business development company primarily
investing in non-public entities. The Nominating Committee has not adopted any specific policy on the
issue of diversity, but will consider diversity among other factors such as experience, education and
skill sets, in its consideration of new candidates to the Board.

Under
the Fund’s governing instruments, nominees must meet certain additional qualifications to qualify for
nomination and service as a Trustee. Nominees may be disqualified for nomination and service as a Trustee
if they have engaged in disqualifying conduct outlined in the Fund’s Declaration of Trust. Nominees
that are associated with other investment vehicles and investment advisers may not be eligible for nomination
and service as a Trustee if the Board finds that such associations have conflicts of interest with the
long-term best interests of the Fund, impede the ability of the nominee to perform, or impede the free-flow
of information from management. Nominees that are acting in concert with control persons of other investment
companies that are in violation of Section 12(d)(1) of the 1940 Act shall be disqualified from nomination
and service as a Trustee.

When the Board has or expects to have
a vacancy, the Nominating Committee receives and reviews information on individuals qualified to be recommended
to the full Board as nominees for election as Trustees, including any recommendations by “Qualifying
Fund Shareholders” (as defined below). Such individuals are evaluated based upon the criteria described
above. To date, the Nominating Committee has been able to identify, and expects to continue to be able
to identify, from its own resources