Company: TXEMF
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001741773-25-001395
Chunk: 7

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 7
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. Each class has a term of three years. Each year, the term of office
of one class expires. This year, the terms of three Trustees expire: Mary C. Choksi, Gregory E. Johnson
and Rupert H. Johnson, Jr. These individuals have been nominated for three-year terms, set to expire
at the 2028 Annual Meeting of Shareholders. These terms continue, however, until their successors are
duly elected and qualified. All of the nominees are currently members of the Board. Among these nominees,
Gregory E. Johnson and Rupert H. Johnson, Jr. are deemed to be Interested Trustees. Mary C. Choksi is
deemed to be an Independent Trustee. In addition, all of the current nominees and Trustees are also directors
or trustees of other investment companies within the Franklin Templeton fund complex.

Interested
Trustees of the Fund hold director and/or officer positions with, or are principal stockholders of, Franklin
Resources, Inc. (“Resources”) and its affiliates. Resources is a publicly owned holding company,
a principal stockholder of which is Rupert H. Johnson, Jr., who beneficially owned approximately 20%
of its outstanding shares as of December 31, 2024. The shares deemed to be beneficially owned by Rupert
H. Johnson, Jr. include certain shares held by a private charitable foundation or by his spouse, of which
he disclaims beneficial ownership. Resources, a global investment management organization operating as
Franklin Templeton, is primarily engaged, through various subsidiaries, in providing investment management,
share distribution, transfer agent and administrative services to a family of investment companies. Resources
is a New York Stock Exchange (“NYSE”) listed holding company (NYSE: BEN). Rupert H. Johnson, Jr.,
a Trustee of the Fund, is the uncle of Gregory E. Johnson, Chairman of the Board, Vice President and
Trustee of the Fund. There are no other family relationships among the Trustees or nominees for Trustee.

Each nominee currently is available and has consented to serve
if elected. If any of the nominees should become unavailable, the designated proxy holders will vote
in their discretion for another person or persons who may be nominated to serve as Trustees.

In
addition to personal qualities, such as integrity, in considering candidates for the Board, the Nominating
Committee seeks to find persons of good reputation whose experience and background evidence that such
person has the ability to comprehend, discuss and critically analyze materials and issues