Company: TXEMF
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001741773-25-001395
Chunk: 26

Company: TEMPLETON EMERGING MARKETS INCOME FUND
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 26
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 appropriate mix of perspectives, diversity, knowledge and experience on the Board. The Committee shall establish processes for developing candidates for Independent Board members and for conducting searches with respect thereto, and shall recommend to the independent trustees and the full Board (i) a slate of Independent Board members to be elected at Fund shareholders meetings, or (ii) nominees to fill Independent Board member vacancies on the Board of Trustees, where and when appropriate.

2.The Committee shall evaluate candidates’ qualifications for Board membership and the independence of such candidates from the Fund’s investment managers and other principal service providers, consistent with the requirements of the Fund Governance Policy, based on information provided in response to a comprehensive questionnaire prepared by counsel to elicit the relevant information. Persons selected must be independent in terms of both the letter and the spirit of the 1940 Act. The Committee shall also consider the effect of any relationships beyond those delineated in the 1940 Act that might impair independence, such as, business, financial or family relationships with investment managers, employees or service providers of the Fund.

1The Templeton Trusts are listed at Appendix A.

3.The Committee also shall evaluate candidates’ qualifications and make recommendations for “interested” members on the Board to the full Board.

4.The Committee may adopt from time to time specific, minimum qualifications that the Committee believes a candidate must meet before being considered as a candidate for Board membership and consider and recommend to the independent trustees or the Board, as appropriate, procedures for implementing changes required by statute, regulatory bodies and case law relating to nominating committees and the nomination, election or solicitation process with regard to election of trustees.

5.The Committee shall review shareholder recommendations for nominations to fill vacancies on the Board if such recommendations are submitted in writing and addressed to the Committee at the Fund’s offices. The Committee shall adopt, by resolution, a policy regarding its procedures for considering candidates for the Board, including any recommended by shareholders.

III.Committee Nominations and Functions.

The
Committee shall make recommendations to the full Board for independent trustee membership on committees
of the Board.

The Committee shall review as necessary
the responsibilities of any committees of the Board, whether there is a continuing need for each committee,
whether there is a need for additional committees of the Board, and whether committees should be combined
or reorganized. The Committee shall make recommendations for any such action to the independent trustees
or the full Board, as appropriate.

The Committee shall periodically
assess the membership, scope of activities and charters of all Board committees to confirm that they