Company: TXEMF
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001741773-25-001395
Chunk: 18

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 18
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 executive session with the CCO and the CCO prepares
and presents an annual written compliance report to the Board. The Fund’s Board adopts compliance policies
and procedures for the Fund and approves such procedures for certain of the Fund’s service providers.
The compliance policies and procedures are specifically designed to detect and prevent violations of
the federal securities laws.

The Investment Manager periodically provides
an enterprise risk management presentation to the Board to describe the way in which risk is managed
on a complex-wide level. The presentation covers such areas as investment risk, reputational risk, personnel
risk, cybersecurity risk and business continuity risk.

Board Structure.Seventy-five percent or more of the Fund’s Board members consist of Independent Trustees who are not deemed to be “interested persons” by reason of their relationship with the Fund’s management or otherwise as provided under the 1940 Act. While the Chairman of the Board is an interested person, the Board is also served by a Lead Independent Trustee. The Lead Independent Trustee, together with independent counsel, reviews proposed agendas for Board meetings and generally acts as a liaison with Fund management with respect to questions and issues raised by the Independent Trustees. The Lead Independent Trustee also presides at separate meetings of Independent Trustees held in advance of each scheduled Board meeting where various matters, including those being considered at such Board meeting, are discussed. It is believed such structure and activities assure that proper consideration is given at Board meetings to matters deemed important to the Fund and its shareholders.

◆ADDITIONAL INFORMATION ABOUT THE FUND

Application of Control Share Provisions.Effective August 1, 2022, the Fund became automatically subject to newly enacted control share acquisition provisions within the Delaware Statutory Trust Act (the “Control Share Provisions”). In general, the Control Share Provisions limit the ability of holders of “control beneficial interests” to vote their shares of a fund above various threshold levels that start at 10% unless the other shareholders of such fund vote to reinstate those rights. “Control beneficial interests” are aggregated to include the holdings of related parties and shares acquired before the effective date of the Control Share Provisions. A fund’s board of trustees may exempt acquisitions from the application of the Control Share Provisions.

The Control Share Provisions require shareholders to disclose any control share
acquisition to the Fund within 10 days of such acquisition and, upon request, to provide any related
information that the Fund’s Board reasonably believes is necessary or desirable.

The Investment Manager.The Investment Manager of the Fund is Franklin Advisers,