# EDGAR Filing Document

**Accession Number:** 0000919893
**File Stem:** 0001868420-23-000024
**Filing Date:** 2023-2
**Character Count:** 350209
**Document Hash:** a76e3282bd33f1c9548cf7e6d567b988
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001868420-23-000024.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001868420-23-000024

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON DRAGON FUND INC
- **CENTRAL INDEX KEY:** 0000919893
- **IRS NUMBER:** 650473580
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08394
- **FILM NUMBER:** 23678526

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923
- **BUSINESS PHONE:** 9545277500

**MAIL ADDRESS:**
- **STREET 1:** 300 S.E. 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923

UNITED STATES##NEWLINE## SECURITIES AND EXCHANGE COMMISSION##NEWLINE## Washington, DC 20549

FORM N-CSR

# CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-08394

Templeton Dragon Fund, Inc.

(Exact name of registrant as specified in charter)

300 S.E. 2##SUP##nd##/SUP## Street, Fort Lauderdale, FL 33301-1923

(Address of principal executive offices) (Zip code)

Alison Baur, One Franklin Parkway, San Mateo, CA 94403-1906

(Name and address of agent for service)

Registrant's telephone number, including area code: (954) 527-7500

Date of fiscal year end: 12/31

Date of reporting period: 12/31/22

**Item 1. Reports to Stockholders.**

a.)

The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30e-1.)##NEWLINE## ##NEWLINE## ##NEWLINE##

b.)

Include a copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph (c)(3) of that rule.

**Not Applicable**

.

ANNUAL REPORT

# TEMPLETON DRAGON
FUND, INC.

FRANKLIN TEMPLETON

# Contents

Annual Report

Templeton Dragon Fund, Inc. 2
Performance Summary 5
Consolidated Financial Highlights and Consolidated Schedule of Investments 8

| Net FDIC Issued | May Loan Value | No Bank Guarantee |
| --- | --- | --- |

fundsforempleton.com

Annual Report 1

# **ANNUAL REPORT**

| Consolidated Financial Statements | 13 |
| --- | --- |
| Notes to Consolidated Financial Statements | 18 |
| Report of Independent Registered |  |
| Templeton Dragon Fund, Inc. | 25 |
| Tax Information | 26 |
| Important Information to Shareholders | 27 |
| Debtors | 28 |
| Annual Meeting of Shareholders | 29 |
|  | PROC has been more restrained in using monetary stimulus |

1. Source: Morningstar

The industry are encouraged and include assessments of any income or distributions. They do not reflect any fees, expenses or sales charges. One cannot invest directly in an index, and an index is not representation of the Fund's portfolio. The Finance (FIF) include income not of tax withholding, when dividends are paid.

You must fund the following income tax rate for additional duty provide information:

The dollar value, number of shares or principal amount, and names of all portfolio holdings are listed in the Fund's Consolidated Schedule of Investments (FOF). The Consolidated FOF begins on page 9.

2 Annual Report

Tumblintempleton.com

TOMPLETON DRAGON FUND, INC.

The Board of Directors and Cash Purchase Plan
This report includes the Tompleton Dragon Fund, Inc. covers
the period July 1, 2022 and October 31, 2022.

Tompleton DRAGON Fund is a company around the world that we

# Your Fund's Good and Main Investments

The Fund is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is a company that is

34 measures during the pandemic compared to its counterparts
35 A developed market countries, and in June 2022 China's
41 government issued a statement indicating cigarette disclosure
42 the following actions: technology to air industrial and
electronic measures:

• Accreditation component maker. An outlook clouded by the
Guaranteed Financials
• The market property owner and a decreased production
capacity due to COVID weighed on the stock earlier in the
year. However, its superior execution allowed operations in
resume faster than key foreign competitors, enabling it to win
market share.

---

TompletonDRAGON.FUND.DOC

Annual Report

3

TOMPLSTONE ERASONS MUSIC, INC.

at least 100% of the total population, even for fund reasons

and documents, or to find helpful financial

investments

Grouped by the Head Office sector, we reduced exposure

# Performance Overview

It is important that the performance is a key element for the management of the company's business, and the company's performance is a key element for the management of the company's business.

The company is a key element for the management of the company's business, and the company is a key element for the management of the company's business.

Our company's performance is a key element for the management of the company's business, and the company is a key element for the management of the company's business.

Our company's performance is a key element for the management of the company's business, and the company is a key element for the management of the company's business.

Our company's performance is a key element for the management of the company's business, and the company is a key element for the management of the company's business.

% of Total

Net Assets

China 67.7%

Hong Kong 4.8%

Show China's Real Estate & Capital Fund in China's state-owned

opinion of duty-free shops. We believe the combination

China's real estate and capital funds are the key

for China's long-term growth, and the company's growth

projects to ride on the reopening wave, and an expansion

of its online presence puts it in good stead for better

performance in 2023.

COA is a trademark owned by COA Implants

3 Annual Report

Tombstone, p. 1000

TEMPLETON EMISSION FUND, INC.

for the 12 months under review. You can find the Fund's long-term performance data in the Performance Summary

program.

# Performance Summary as of December 31, 2022

Performance Summary is a report of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary

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period. In 2022's first quarter, equities were pressured by lighter governmental regulation of technology companies, a

whichever is the property market and new COVID outbreaks.

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Performance Summary is a report of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary

Performance Summary is a report of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary

Performance Summary is a report of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary[{"box_2d": [245, 899, 466, 907], "label": "text", "caption": "Performance Summary is a report of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary of the performance summary

HOMPILATION ERASION ROAD, INC.

Hypothesis: Current performance may differ from figures shown.

Total Return Index Comparison for a Hypothesis: 100,000 (thousands)

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challenges during the period. In particular, the government's 'zero-COVID' policy led to strict lockdowns to contain outbreaks of the virus, though the government-based this policy saw in the period (through widespread poverty and the government's government's policy). The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem in the United States. The government's policy was to be a major problem

The Global Report

Annual Report

2

TOMPLSTON ERASON PUNG, INC.

demand and tightening monetary policy abroad. Growth rebounded in the third quarter, due partly to supportive

# Consolidated Financial Highlights

| In the event of the change in the financial statements, the financial statements are based on the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Our investment strategy employs a fundamental, value-oriented, long-term approach. In selecting companies for investment, we will consider overall growth prospects, combinations, in export markets, technologies, and the investment and foreign currency, including currency markets, currency markets, and the investment and foreign currency. Our investment strategy is based on the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements |  |  |  |  |  |
| In the event of the change in the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements |  |  |  |  |  |
| Net assets value, beginning of year | $18.70 | $16.93 | $15.01 | $10.01 | $14.53 |
| Income from investment operations |  |  |  |  |  |
| Net investment income (loss) | (0.05) | (0.16) | (0.90) | 0.19 | -0.52* |
| Net realized and unrealized gains (losses) | (0.41) | (3.67) | 0.96 | 4.70 | (3.70) |

Based on average daily shares outstanding,

Net investment income per share includes approximately $0.01 per share related to income involved in the form of special dividends in connection with certain Fund holdings. Excluding this amount, the ratio of net investment income to average net assets would have been 1.05%.

Amount results in less than $0.05 per share.

Based on the last sale on the New York Stock Exchange

*The Market Value Test Return is calculated assuming a purchase of common shares on the opening of the firm business day and a sale on the closing of the last business day of each period. Dividends and distributions are assumed for the purposes of this calculation to be somewhat superior obtained under the Fund's Dividend Reinvestment and Cash Purchase Plan. Net Asset Value Test Return is calculated on the same basis, except that the Fund's net asset value is used on the purchase, sale and dividend reinvestment dates instead of market value. That return does not reflect brokerage commissions or sales charges in connection with the purchase or sale of Fund shares.

8 Annual Report The accompanying notes are an integral part of these consolidated financial statements.

Tombstone@bsc.com

TEMPLETON BRAGON FUND, INC.

to spur growth in the face of COVID-related headwinds and a downturn in the property market. Despite these cuts, the

profit margins, returns on investment, capital resources, government regulation, management and other factors in

# Consolidated Schedule of Investments, December 31, 2022

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property. The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property. The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property. The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property. The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property. The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.

The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property.[{"box_2d": [26, 121, 466, 121], "label": "text", "caption": "The Company shall not be liable for any loss or damage to the property or property of the owner or the owner of the property."

TEMPLETON EMASON FUND, INC.

CONSOLIDATED SCHEDULE OF INVESTMENTS

All financial statements and other financial statements are subject to change without notice. For example, investors in direct
investments, the Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice. The Company shall be subject to change without notice.
The Company shall be subject to change without notice.

| Projected Assets | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| --- | --- | --- | --- | --- | --- |
| Projected Assets | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| Projected Assets | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| Net Investment | (0.2425) | (0.2425) | (0.2425) | (0.2425) | (0.2425) |
| Total Investment | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |

14 Annual Report The accompanying notes are an integral part of these consolidated financial statements. Templeton@yahoo.com

TEMPLETON BRAGON POND, INC.

CONSOLIDATED SCHEDULE OF INVESTMENTS

The following table provides the information in a specific format:

The following table is a simple diagram and cannot be extracted.

The accompanying notes are an integral part of these consolidated financial statements. Printed Report

11

TEMPLETON EMASON FUND, INC.

CONSOLIDATED SCHEDULE OF INVESTMENTS

Investments and returns

1. The total annual operating expenses are as of the Fund's annual report available at the time of publication. Actual expenses may be higher and may impact periods further.

| Total Investment in the Fund | Credit | Items | 1,000,000 |
| --- | --- | --- | --- |
| Total Investment in the Fund | Credit | Items | 1,000,000 |
| Total Investment in the Fund | Credit | Items | 1,000,000 |
| Total Investment in the Fund | Credit | Items | 1,000,000 |
| Total Investment in the Fund | Credit | Items | 1,000,000 |

See abbreviations on page 10.

The principal amount is stated in U.S. dollars unless otherwise indicated.

Results to less than 0.5% of net assets.

The security is owned by Templeton China Opportunities Fund, Ltd., a wholly-owned subsidiary of the Fund. See Note (b).

Non-recurring dividends.

Security was purchased pursuant to Rule 1644 of Regulation S under the Securities Act of 1933. 1644 securities may be sold in transactions exempt from registration only, as specified (reclassified) begins on the public offering registered under the Securities Act of 1933. Regulation S securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, as pursuant to an exemption from registration. At December 31, 2022, the aggregate value of these securities was $46,400,000, representing 12.5% of net assets.

In process or all of the security is on sale at December 31, 2022. See Note (b).

L2 Annual Report The accompanying notes are an integral part of these consolidated financial statements.

Tenthlemytimes.com

TOMPLETON DRAGON FUND, INC.
CONSOLIDATED FINANCIAL STATEMENTS

# Consolidated Statement of Assets and Liabilities

| Total interest and liabilities of the Company's subsidiaries and affiliates, net of which have been listed in the following: Shanghai, Shenzhen and outside of China, The MSCI Group, Inc. and its subsidiaries' interest and liabilities are weighted in the Company's shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share | China | 1,745,624 | 1,745,624 |
| --- | --- | --- | --- |
| Total Liabilities and Liabilities of the Company's subsidiaries and affiliates, net of which have been listed in the following: Shanghai, Shenzhen and outside of China, The MSCI Group, Inc. and its subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share | China | 1,745,624 | 1,745,624 |
| Total Liabilities and Liabilities of the Company's subsidiaries and affiliates, net of which have been listed in the following: Shanghai, Shenzhen and outside of China, The MSCI Group, Inc. and its subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share | China | 1,745,624 | 1,745,624 |
| Total Liabilities and Liabilities of the Company's subsidiaries and affiliates, net of which have been listed in the following: Shanghai, Shenzhen and outside of China, The MSCI Group, Inc. and its subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share of the Company's subsidiaries' shareholding and share | China | 1,745,624 | 1,745,624 |

*Net valued carry significant unobservable basis. See Note 3 regarding fair value measurements.
*See Note 3 regarding restricted securities.
*The coupon rate shown represents the rate of period paid.
*See Note 3.2 regarding investments in affiliated management investment companies.
*The new shown is for annualized seven-day effective yield of period end.
*See Note 3.2 regarding securities on loan.

Tompleton-ops.com

The accompanying notes are an integral part of these consolidated financial statements. Annual Report

13

TEMPLETON DRUGON ROAD, INC.
CONSOLIDATED FINANCIAL STATEMENTS

# Consolidated Statement of Operations

for the year ended December 31, 2022[{"box_2d": [25, 68, 467, 125], "label": "table", "caption": "

| Specialty Board 2.7% |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Total Generalized Stock (Net) (Cont. 2) |  |  |  |  | Total |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Share of the Company's Shareholders' Equity |  |  |  |  | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Share of the Company's Shareholders' Equity</td><td></td><td></td><td></td><td></td><td>1,000,000</td></tr></tabletabletable><tr><td>Share of the Company's Shareholders' Equity</td><td></td><td></td><td></td><td></td><td>1,000,000</td></tr></tabletabletable><tr><td>Share of the Company's Shareholders' Equity</td><td></td><td></td><td></td><td></td><td>1,000,000</td></tr></tabletabletable><tr><td>Share of the Company's Shareholders' Equity</td><td></td><td></td><td></td><td></td><td>1,000,000</td></tr></tabletabletable><tr><td>Share of the Company's Shareholders' Equity</td><td></td><td></td><td></td><td></td><td>1,000,000</td></tr></tabletabletable><tr><td

TEMPLETON DRAGON FUND, INC.
CONSOLIDATED FINANCIAL STATEMENTS

# Consolidated Statements of Changes in Net Assets

| Cash and cash equivalents at the End of December 31, | Chase | 1,000,000 | Change | Fund | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Cash and cash equivalents at the End of December 31, | Chase | 1,000,000 | Change | Fund | 1,000,000 |
| Cash and cash equivalents at the End of December 31, | Chase | 1,000,000 | Change | Fund | 1,000,000 |
| Cash and cash equivalents at the End of December 31, | Chase | 1,000,000 | Change | Fund | 1,000,000 |

TEMPLETON DRAGON FUND, INC.

The accompanying notes are an integral part of these consolidated financial statements. Annual Report 15

TEMPLETON DRUGON FUND, INC.

# Notes to Consolidated Financial Statements

**1. Organization and Significant Accounting Policies** according to the broadest and most representative market.
1. The financial statements are based on the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements
2. The financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements of the financial statements

14 Annual Report Tupelobrunpela.com

TEMPLETON DRAGON FUND, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. Organization and Significant Accounting Policies

The Fund does not separately report the effect of changes in the financial statements of the organization and significant accounting policies. The Fund does not necessarily report the effect of changes in the financial statements of the organization and significant accounting policies.

The Fund does not separately report the effect of changes in the financial statements of the organization and significant accounting policies. The Fund does not necessarily report the effect of changes in the financial statements of the organization and significant accounting policies.

TEMPLETON DRAGON FUND, INC.

Annual Report 17

TEMPARTON DRUGON ROAD, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# **1. Organization and Significant Accounting Policies**

The organization and significant accounting policies are based on the information provided by the organization and significant accounting policies. The organization and significant accounting policies are based on the information provided by the organization and significant accounting policies. The organization and significant accounting policies are based on the information provided by the organization and significant accounting policies.

jurisdictions in which it invests. Foreign taxes, if any, are
spreads, estimated default rates, anticipated market interest
and other financial and financial factors. The organization and
significant accounting policies are based on the information provided by the
organization and significant accounting policies. The organization and
significant accounting policies are based on the information provided by the
organization and significant accounting policies. The organization and
significant accounting policies are based on the information provided by the
organization and significant accounting policies.

14 Annual Report

Tamilnirampalmer.com

TEMPLETON DRAGON FUND, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# 1. Organization and Significant Accounting Policies

The organization and significant accounting policies of TWP, Inc. are based on the following table:

# 2. Guarantees and Indemnifications

The TWP, Inc. is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc. and is a member of TWP, Inc.

TEMPLETON DRAGON FUND, INC.

Annual Report 15

TEMPARTON DRUGON ROAD, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# 3. Transactions with Affiliates

The information contained in this report is subject to the terms and conditions of the agreement between the parties. The information contained in this report is subject to the terms and conditions of the agreement between the parties. The information contained in this report is subject to the terms and conditions of the agreement between the parties.

26 Annual Report Tumbler&Kreiss.com

TEMPLETON DRAGON FUND, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# 4. Income Taxes

The tax is subject to the Federal Trade Commission's 1993-1995 tax rate, which is based on the 1993-1995 tax rate. The tax rate is based on the 1993-1995 tax rate. The tax rate is based on the 1993-1995 tax rate.

TEMPLETON DRAGON FUND, INC.

Annual Report

21

TEMPARTON ERUSSON PONS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# 6. Concentration of Risk

The Company is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business and is a member of the Company's business

22 American Deposit Tupeloeberg, Inc. 1

TEMPLETON DRAGON FUND, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# **9. Restricted Securities**

The material is owned by the corporation and is owned by the corporation. The material is owned by the corporation and is owned by the corporation. The material is owned by the corporation and is owned by the corporation.

TEMPLETON DRAGON FUND, INC.

Annual Report

21

TEMPLETON DRUGON ROAD, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

# 10. Fair Value Measurements

The fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value of the fair value

26 Annual Report

Tamilniyam.com

TEMPLETON DRAGON FUND, INC.

# Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of Templeton Dragon Fund, Inc.

Opinion on the Financial Statements

The following table provides the information in a specific format:

TEMPLETON DRAGON FUND, INC.

Annual Report

25

TEMPLETON DRUGON FUND INC

# Tax Information (unaudited)

By mid-February, tax information related to a shareholder's proportionate share of distributions paid during the preceding

year. The tax information related to a shareholder's proportionate share of distributions paid during the preceding year, is based on the data provided by the tax information and the information provided by the tax information. The tax information is based on the data provided by the tax information and the information provided by the tax information. The tax information is based on the data provided by the tax information and the information provided by the tax information. The tax information is based on the data provided by the tax information and the information provided by the tax information. The tax information is based on the data provided by the tax information and the information provided by the tax information. The tax information is based on the data provided by the tax information and the information provided by the tax information.

26 Annual Report Taxholders' Report

TEMPLETON BRACCO FUND, INC.

# Important Information to Shareholders

The **Bank for Corporate** is a following amounts, or if subsequently determined to be different, the maximum allowable amount of the Fund is paid on the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in the Fund's expenses because the Fund is not included in

---

^{}[]788.0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

Annual Report 27

TEMPLETON ERGISON PONS INC
IMPORTANT INFORMATION TO SHAREHOLDERS

The following information is based on the information obtained from the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development of the research and development

28 Annual Report

TEMPLETON DRAGON FUND, INC.
IMPORTANT INFORMATION TO SHANGHOLDERS

examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our
[Text content is heavily degraded and illegible due to poor scan quality]

TEMPLETON DRAGON FUND, INC.

Annual Report 24

TEMPLETON ERUSSON PONS, INC.

IMPORTANT INFORMATION TO SHAREHOLDERS

San Francisco, California

**HOLDERS** The reasons may negatively affect investments in longstanding industry practice and are well known by the company. Indeed, any other item and rules that restrict investment in longstanding industry practice are not to be construed as a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or a separate, non-institutional, or

30 American Chapter
Tephthiriaryonline.com

TEMPLETON DRAGON FUND, INC.
IMPORTANT INFORMATION TO SHAREHOLDERS

or guidelines published or applied by relevant regulations
authorized, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment
requirement, and/or the conduct of such an employment

TEMPLETON DRAGON FUND, INC.

Annual Report

21

TEMPLETON ERGOGN POND, INC.

IMPORTANT INFORMATION TO SHAREHOLDERS

industries and may not work as intended. In addition, EGC

the company will not be a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member of the company's business, but it is not a member

2015年1月1日,公司以自有资金进行现金管理,使用了银行存款、大额存单、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券、短期融资券

22

Annual Report

Tumblintempleton.com

TEMPLETON DRAGON FUND, INC.

# Annual Meeting of Shareholders May 26, 2022 (unaudited)

The Annual Meeting of Shareholders of Templeton Dragon Fund, Inc. (the "Fund") was held at the Fund's offices, 200 S.E. 2nd

The Annual Meeting of Shareholders of Templeton Dragon Fund, Inc. (the "Fund") was held at the Fund's offices, 200 S.E. 2nd

* Harris J. Acheson, Alan Terre Banks, Mary C. Charles, J. Michael Lustig, David W. Hennessy and Constantine D. Townsend are Directors of the Fund who are currently running and whose terms of office continued after the Annual Meeting of Shareholders.

TEMPLETON DRAGON FUND, INC.

Annual Report

22

TRANSLATION DRUGON PLANS, INC.

# Dividend Reinvestment and Cash Purchase Plan

The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:

The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
- The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
  - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
    - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
      - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
        - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
          - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
            - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
              - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                  - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                    - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                        - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                            - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:
                                - The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the "Plan") with the following features:

26 Annual Report

Tunhintersytimes.com

TEMPLETON DRAGON FUND, INC.

DIVISIONS REINVESTMENT AND CASH PURCHASE PLAN

# Transfer Agent

The transfer agent is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF) and is a member of the Templeton Dragon Fund, Inc. (TMF).

Templeton dragon.com

Annual Report 25

TRANSLATION DRUGS PUND INC

## Board Members and Officers

The name, year of birth and address of the officers and board members, as well as their affiliations, positions held with the

Board of Directors and Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of the Board of Directors of

26

Arm and Oregon

Tumblinery@abc.com

TEMPLETON BRACCO P.AND. INC.

# Independent Board Members

Lorillard®

Number of Portfolios in

Fund Complex Overseas

Other Scholarships Held

Name, Year of Birth: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in: ____
Number of Portfolios in

TEMPLETON BRACCO P.AND. INC.

Annual Report

27

TEMPLETON DRUGON FUND, INC.

# Independent Board Members

(continued)

Santander Holdings USA (holding company) (2018-present) and
Kennedy, Canadian National

Bank of Canada, Canada, and the United States of America, Canada, and the United
States of America, Canada, and the United States of America, Canada, and the United
States of America, Canada, and the United States of America, Canada, and the
United States of America, Canada, and the United States of America, Canada, and the
United States of America, Canada, and the United States of America, Canada, and the
United States of America, Canada, and the United States of America, Canada, and the
United States of America, Canada, and the United States of America, Canada, and the
United States of America, Canada

38 Annual Report

Tumblineryclass.com

TEMPLETON BRAGON FUND, INC.

1923

Interested Board Members and Officers (continued)

Metric Company (processed funds

and billed products) (1994-2013)

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090, 2091, 2092, 2093, 2094, 2095, 2096, 2097, 2098, 2099, 2100

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,

Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079, 2080, 2081, 2082, 2083, 2084, 2085, 2086, 2087, 2088, 2089, 2090,[{"box_2d": [27, 256, 467, 261], "label": "text", "caption": "Proposed and Noted, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054, 2055, 2056, 2057, 2058, 2059, 2060, 2061, 2062, 2063, 2064, 2065, 2066, 2067, 2068, 2069, 2070, 2071, 2072, 2073, 2074, 2075, 2076, 2077, 2078, 2079,

TEMPLETON DRUGON FUND, INC.

See below, CS 33877-1004
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**
**International Business and Officers**

financing) (2008-2010)

48 Annual Report
Tephthimey@eic.com

TEMPLETON, DRAGON, PUND, INC.

# Shareholder Information

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document.

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The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.

The information contained in this document is for the purpose of the use of the information contained in this document.[{"box_2d": [25, 97, 459, 121], "label": "text", "caption": "The information contained

The following table provides the information in a specific format:

42 The part of the website report.

Tasteb889@ebs.com

The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018, Managing Directors of SEC Working Group and the Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board

The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board

The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board of Directors, 1998 to 2013 and the Financial Statements, Inc. from 2008 to 2018. The Board

21

[{"box_2d": [25, 52, 467, 130], "label": "text", "caption": "The following text is written in a cursive style. It appears to be a stylized, blocky, and light-colored signature. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'B' and 'C' are part of a large, bold, black, sans-serif font. The OCR result \"D\" is an empty string. The characters 'E' and 'F' are part of a large, bold, black, sans-serif font. The OCR result \"G\" is an empty string. The characters 'H' and 'I' are part of a large, bold, black, sans-serif font. The OCR result \"J\" is an empty string. The characters 'K' and 'L' are part of a large, bold, black, sans-serif font. The OCR result \"L\" is an empty string. The characters 'M' and 'N' are part of a large, bold, black, sans-serif font. The OCR result \"M\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'B' and 'C' are part of a large, bold, black, sans-serif font. The OCR result \"C\" is an empty string. The characters 'D' and 'E' are part of a large, bold, black, sans-serif font. The OCR result \"D\" is an empty string. The characters 'E' and 'F' are part of a large, bold, black, sans-serif font. The OCR result \"E\" is an empty string. The characters 'F' and 'G' are part of a large, bold, black, sans-serif font. The OCR result \"G\" is an empty string. The characters 'H' and 'I' are part of a large, bold, black, sans-serif font. The OCR result \"H\" is an empty string. The characters 'M' and 'N' are part of a large, bold, black, sans-serif font. The OCR result \"M\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"P\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'B' and 'C' are part of a large, bold, black, sans-serif font. The OCR result \"C\" is an empty string. The characters 'D' and 'E' are part of a large, bold, black, sans-serif font. The OCR result \"D\" is an empty string. The characters 'E' and 'F' are part of a large, bold, black, sans-serif font. The OCR result \"E\" is an empty string. The characters 'F' and 'G' are part of a large, bold, black, sans-serif font. The OCR result \"G\" is an empty string. The characters 'H' and 'I' are part of a large, bold, black, sans-serif font. The OCR result \"H\" is an empty string. The characters 'M' and 'N' are part of a large, bold, black, sans-serif font. The OCR result \"M\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'B' and 'C' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'B' and 'C' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'B' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"B\" is an empty string. The characters 'N' and 'O' are part of a large, bold, black, sans-serif font. The OCR result \"N\" is an empty string. The characters 'O' and 'P' are part of a large, bold, black, sans-serif font. The OCR result \"O\" is an empty string. The characters 'Q' and 'R' are part of a large, bold, black, sans-serif font. The OCR result \"Q\" is an empty string. The characters 'S' and 'T' are part of a large, bold, black, sans-serif font. The OCR result \"S\" is an empty string. The characters 'T' and 'U' are part of a large, bold, black, sans-serif font. The OCR result \"U\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"A\" is an empty string. The characters 'V' and 'W' are part of a large, bold, black, sans-serif font. The OCR result \"V\" is an empty string. The characters 'X' and 'Y' are part of a large, bold, black, sans-serif font. The OCR result \"X\" is an empty string. The characters 'Z' and 'A' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font. The OCR result \"Z\" is an empty string. The characters 'A' and 'B' are part of a large, bold, black, sans-serif font.

Principal Occupation During at Least the Past 5 Years

Senior Associate General Counsel, Franklin Templeton, and officer of certain funds in the Franklin Templeton/Logg House fund complex.

the operations of the Public Preference Board may be

Adequate the following: (1) The following: (2) The following: (3) The following: (4) The following: (5) The following: (6) The following: (7) The following: (8) The following: (9) The following: (10) The following: (11) The following: (12) The following: (13) The following: (14) The following: (15) The following: (16) The following: (17) The following: (18) The following: (19) The following: (20) The following: (21) The following: (22) The following: (23) The following: (24) The following: (25) The following: (26) The following: (27) The following: (28) The following: (29) The following: (30) The following: (31) The following: (32) The following: (33) The following: (34) The following: (35) The following: (36) The following: (37) The following: (38) The following: (39) The following: (40) The following: (41) The following: (42) The following: (43) The following: (44) The following: (45) The following: (46) The following: (47) The following: (48) The following: (49) The following: (50) The following: (51) The following: (52) The following: (53) The following: (54) The following: (55) The following: (56) The following: (57) The following: (58) The following: (59) The following: (60) The following: (61) The following: (62) The following: (63) The following: (64) The following: (65) The following: (66) The following: (67) The following: (68) The following: (69) The following: (70) The following: (71) The following: (72) The following: (73) The following: (74) The following: (75) The following: (76) The following: (77) The following: (78) The following: (79) The following: (80) The following: (81) The following: (82) The following: (83) The following: (84) The following: (85) The following: (86) The following: (87) The following: (88) The following: (89) The following: (90) The following: (91) The following: (92) The following: (93) The following: (94) The following: (95) The following: (96) The following: (97) The following: (98) The following: (99) The following: (100)

© 2023 Franklin Templeton Investments, All rights reserved

7/30/4 4/23

| Item 2. Code of Ethics. |
| --- |
| (a) The Registrant has adopted a code of ethics that applies to its principal executive officers and principal financial and accounting officer. |
| (b) N/A |
| (c) Pursuant to Item 13(a)(1), the Registrant is attaching as an exhibit a copy of its code of ethics that applies to its principal executive officers and principal financial and accounting officer. |
| Item 3. Audit Committee Financial Expert. |
| (a)(1) The Registrant has to be a committee financial expert serving on its audit committee. |
| (2) The Audit Committee financial expert of Ann Ture Bates and David W. Niemie, and they are “independent” as defined under the relevant Securities and Exchange Commission Rules and Releases. |
| PRE_BLOCK_001 PRE_BLOCK_002 PRE_BLOCK_003 PRE_BLOCK_004 |
| The registrant’s audit committee is directly responsible for approving the services to be provided by the auditors, including: |
| ##INDENT# (i) pre-approval of all audit and audit related services; |
| ##INDENT# (ii) pre-approval of all non-audit related services to be provided to the Fund by the auditors; |
| ##INDENT# (iii) pre-approval of all non-audit related services to be provided to the registrant by the auditors to the registrant’s investment adviser or to any entity that controls, as controlled by or is under common control with the registrant’s investment adviser and that provides ongoing services to the registrant where the non-audit services relate directly to the operations or financial reporting of the registrant; and |
| ##INDENT# (iv) establishment by the audit committee, if deemed necessary or appropriate, as an alternative to committee pre-approval of services to be provided by the auditors, as required by paragraphs (ii) and (iii) above, of policies and procedures to permit such services to be pre-approved by other means, such as through establishment of guidelines or by action of a designated member or members of the committee; provided the policies and procedures are detailed as to the particular service and the committee is informed of each service and such policies and procedures do not include delegation of audit committee responsibilities, as contemplated under the Securities Exchange Act of 1934, to management, subject, in the case of (ii) through (iv), to any waivers, exceptions or exemptions that may be available under applicable law or rules. |
| PRE_BLOCK_020 PRE_BLOCK_021 PRE_BLOCK_022 PRE_BLOCK_023 PRE_BLOCK_024 PRE_BLOCK_025 PRE_BLOCK_026 PRE_BLOCK |
| (i) N/A |
| (j) N/A |
| PRE_BLOCK_030 |
| Item 5. Audit Committee of Listed Registrants |
| Members of the Audit Committee are: Ann Ture Bates, |
| Terrence J. Checki, David W. Niemie, J. Michael Luttig and Constantine D. Tueretopoulos |
| Item 6. Schedule of Investments. N/A |
| Item 7 |
| Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
| The board of directors of the Fund has delegated the authority to vote proxies related to the portfolio securities held by the Fund to the Fund’s Investment Manager, Templeton Asset Management Ltd.(TAML), in accordance with the Proxy Voting Policies and Procedures (Policies) adopted by the Investment Manager. |
| RESPONSIBILITY OF THE INVESTMENT MANAGER TO VOTE PROXIES |
| Franklin Templeton Emerging Markets Equity Group, a separate investment group within Franklin Templeton, comprised of investment personnel to be the SEC-registered investment advisers listed on Appendix A (hereinafter individually and “Investment Manager”) and collectively the “Investment Manager” have delegated the administrative duties with respect to voting proxies for securities to the Franklin Templeton Proxy Group within Franklin Templeton Companies, LLC (the “Proxy Group”), a wholly-owned subsidiary of Franklin Resources, Inc. Franklin Templeton Companies, LLC provides a variety of general corporate services to its affiliates, including, but not limited to, legal and compliance activities. Proxy duties consist of disseminating proxy materials and analyses of issuers whose stock is owned by any client (including both investment companies and any separate accounts managed by the Investment Manager) that has either delegated proxy voting administrative responsibility to the Investment Manager or has asked for information and/or recommendations on the issues to be voted. The Investment Manager will inform Advisory Clients that have not delegated the voting responsibility but that have requested voting advice about the Investment Manager’s views on such proxy votes. The Proxy Group also provides these services to other advisory affiliates of the Investment Manager. |
| The Proxy Group will process proxy votes on behalf of, and the Investment Manager’s vote proxies solely in the best interests of, separate account clients, the Investment Manager’s managed investment company shareholders, or shareholders of funds that have appointed Franklin Templeton International Services S.à.r.l. (“FTIS S.à.r.l.”) as the Management Company, provided such funds or clients have properly delegated such responsibility in writing, or, where employee benefit plan assets subject to the Employee Retirement Income Security Act of 1974, as amended, are involved (“ERISA accounts”), in the best interests of the plan participants and beneficiaries (collectively, “Advisory Clients”), unless (i) the power to vote has been specifically retained by the named fiduciary in the documents in which the named fiduciary appointed the Investment Manager or (ii) the documents otherwise expressly prohibit the Investment Manager from voting proxies. The Investment Manager’s recognize that the exercise of voting rights on securities held by ERISA plans for which the Investment Manager’s have voting responsibility is a fiduciary duty that must be exercised with care, skill, prudence and diligence. |
| In certain circumstances, Advisory Clients are permitted to direct their votes in a solicitation pursuant to the Investment Management Agreement. An Advisory Client that wishes to direct its vote shall give reasonable prior written notice to the Investment Manager’s indicating such intention and provide written instructions directing the Investment Manager or the Proxy Group to vote regarding the solicitation. Where such prior written notice is received, the Proxy Group will vote proxies in accordance with such written notification received from the Advisory Client. |
| The Investment Manager’s have adopted and implemented Proxy Voting Policies and Procedures (“Proxy Policies”) that they believe are reasonably designed to ensure that proxies are voted in the best interest of Advisory Clients in accordance with their fiduciary duties and rule 29(4)4-6 under the Investment Advisers Act of 1940. To the extent that the Investment Manager’s have a subadviser agreement with an affiliated Investment Manager (the “Affiliated Subadviser”) with respect to a particular Advisory Client, the Investment Manager may delegate proxy voting responsibility to the Affiliated Subadviser. The Investment Manager may also delegate proxy voting responsibility to a subadviser that is not an Affiliated Subadviser in certain limited situations as disclosed to fund shareholders (e.g., where an Investment Manager to a pooled investment vehicle has engaged a subadviser that is not an Affiliated Subadviser to manage all or a portion of the assets). |
| HOW THE INVESTMENT MANAGER’S VOTE PROXIES |
| Proxy Services |
| All proxies received by the Proxy Group will be voted based upon the Investment Manager’s instructions and/or policies. To assist it in analyzing proxies of equity securities, the Investment Manager’s subscales to the Investment Manager’s Subscales (“TSES”), an unaffiliated third-party corporate governance research service that provides in-depth analyses of shareholder meeting agendas and vote recommendations. In addition, the Investment Manager’s subscales to the Treasury and Vote Disclosure Service. These services include receipt of proxy ballots, custodian bank relations, account maintenance, vote execution, ballot reconciliation, vote record maintenance, comprehensive reporting capabilities, and vote disclosure services. Also, the Investment Manager’s subscales to the Treasury and Vote Disclosure Service (“TSES”), an unaffiliated third-party employee research firm, to receive analyses and vote recommendations on the shareholder meetings of publicly held U.S. companies, as well as a limited subscription to its international research. |
| For accounts managed by the Templeton Global Equity Group (“TGEG”), in making voting decisions, the Investment Manager may consider Glass Lewis’s Proxy Voting Guidelines, ISS’s Benchmark Policies, ISS’s Sustainability Policy, and TGEG’s custom sustainability guidelines, which reflect what TGEG believes to be good environmental, social, and governance practices. Although analyses provided by ISS, Glass Lewis, and/or another independent third-party proxy service provider (each a “Proxy Service”) are thoroughly reviewed and consulted in making a final voting decision, the Investment Manager’s do not consider recommendations from a Proxy Service or any third-party to be determinative of the Investment Manager’s ultimate decision. Rather, the Investment Manager’s exercise their independent judgment in making voting decisions. As a matter of policy, the officers, directors and employees of the Investment Manager and the Proxy Group will not be influenced by outside sources whose interests conflict with the interests of Advisory Clients. |
| For ease of reference, the Proxy Policies often refer to all Advisory Clients. However, our processes and practices seek to ensure that proxy voting decisions are suitable for individual Advisory Clients. In some cases, the Investment Manager’s evaluations may result in an individual Advisory Client or Investment Manager voting differently, depending upon the nature and objective of the fund or account, the composition of its portfolio, whether the Investment Manager has adopted a specialty or custom voting policy, and other factors. |
| Proxy Services |
| Certain of the Investment Manager’s 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 analysis coverage that an actively-managed portfolio would ordinarily employ. Accordingly, about client directors, 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 interests 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 (for example, where an issuer fills additional solicitation materials after a Proxy Service has issued its voting recommendations but sufficiently before the vote submission deadline and these materials would reasonably be expected to affect the Investment Manager’s voting determination). |
| Conflicts of Interest |
| All conflicts of interest will be resolved in the best interests of the Advisory Clients. The Investment Manager’s are affiliates of a large, diverse financial services firm with many affiliates and makes its best efforts to mitigate conflicts of interest. However, as a general matter, the Investment Manager’s take the position that relationships between certain affiliates that do not use the “Franklin Templeton” name (“Independent Affiliates”) and an issuer (e.g., an investment management relationship between an issuer and an independent affiliate) do not present a conflict of interest for an Investment Manager in voting proxies with respect to such issuer because: (i) the Investment Manager’s operate as an independent business unit from the Independent Affiliate business units, and (ii) informational barriers exist between the Investment Manager and the Independent Affiliate business units. |
| Material conflicts of interest could arise in a variety of situations, including as a result of the Investment Manager’s or an affiliate’s (other than an Independent Affiliate as described above): (i) material business relationship with an issuer or proponent; (ii) direct or indirect presbursory interest in an issuer or proponent; or (iii) significant personal or family relationship with an issuer or proponent. Material conflicts of interest are identified by the Proxy Group based upon analyses of client, distributor, broker dealer, and vendor lists, information periodically gathered from directors and officers, and information derived from other sources, including public filings. The Proxy Group gathers and analyzes this information on a best-efforts basis, as much of this information is provided directly by individuals and groups other than the Proxy Group, and the Proxy Group relies on the accuracy of the information it receives from such parties. |
| Nonetheless, even though a potential conflict of interest between the Investment Manager or an affiliate (other than an Independent Affiliate as described above) and an issuer may exist: (1) the Investment Manager may vote in opposition to the recommendations of an issuer’s management even if contrary to the recommendations of a third-party proxy voting research provider; (2) if management has made no recommendations, the Proxy Group may defer to the voting instructions of the Investment Manager; and (3) with respect to shares held by Franklin Resources, Inc. or its affiliates for their own corporate accounts, such shares may be voted without regard to these conflict procedures. |
| Otherwise, in situations where a material conflict of interest is identified between the Investment Manager or one of its affiliates (other than Independent Affiliates) and an issuer, the Proxy Group may vote consistent with the voting recommendations of a Proxy Service or send the proxy directly to the relevant Advisory Clients with the Investment Manager’s recommendation regarding the vote for approval. To address certain affiliate conflict situations, the Investment Manager will employ pass-through voting or mirror voting when required pursuant to a fund’s governing documents or applicable law. |
| Where the Proxy Group refers a matter to an Advisory Client, it may rely upon the instructions of a representative of the Advisory Client, such as the board of directors or trustees, a committee of the board, or an appointed delegate to the care of a U.S. registered investment company, a conducting officer to the care of a fund that has appointed FTIS S.à.r.l. as its Management Company, the Independent Review Committee for Canadian investment funds, or a plan administrator in the case of an employee benefit plan. A quorum of the board of directors or trustees or of a committee of the board can be reached by a majority of members, or a |

| The Investment Managers may also decide whether to vote proxies for securities deemed to present conflicts of interest that are sold following a record date, but before a shareholder meeting date. The Investment Managers may consider various factors in deciding whether to vote such proxies, including the Investment Managers' long-term view of the issuer's securities for investment, or it may defer the decision to vote to the applicable Advisory Client. The Investment Managers also may be unable to vote, or choose not to vote, a proxy for securities deemed to present a conflict of interest for any of the reasons outlined in the first paragraph of the section of these policies entitled "Proxy Procedures." |  |  |  |  |
| --- | --- | --- | --- | --- |
| Weight Given Management Recommendations |  |  |  |  |
| One of the primary factors the Investment Managers consider when determining the desirability of investing in a particular company is the quality and depth of that company's management. Accordingly, the record date is not to be recorded as a result of the investment managers' long-term view of the issuer's securities for investment. However, the Investment Managers do not consider recommendations from the Company's investment management and the Company's investment management. The Investment Managers will not support the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management in any way to determine the position of a company's management |  |  |  |  |
| Engagement with the Company's investment management |  |  |  |  |
| The Investment Managers believe that the Company's investment management is a company's performance and to assist in making proxy voting decisions. The Investment Managers may engage with issuers to discuss specific funds, which are not to be recorded as a result of the investment management information or clarification on the proposals. The Investment Managers may also engage with management on a range of environmental, social or corporate governance issues throughout the year. |  |  |  |  |
| THE PROXY GROUP |  |  |  |  |
| The Proxy Group is part of the Franklin Templeton Companies, LLC Legal Department and is overseen by legal counsel. Full-time staff members and support staff (which includes individuals that are employees of affiliates of Franklin Templeton Companies, LLC) are devoted to proxy voting administration and oversight and providing support and assistance where needed. On a daily basis, the Proxy Group will review each proxy upon receipt as well as any agendas, materials and recommendations that they receive from a Proxy Service or other sources. The Proxy Group maintains a record of all shareholder meetings that are scheduled for companies whose securities are held by the Investment Managers' managed funds and accounts. For each shareholder meeting, a member of the Proxy Group will consult with the research analyst that follows the security and provide the analyst with the agenda, analyses of one or more Proxy Services, recommendations and any other information provided to the Proxy Group. Except in situations identified as presenting material conflicts of interest, the Investment Managers' research analyst and relevant portfolio managers(s) are responsible for making the final voting decision based on their review of the agenda, analyses of one or more Proxy Services, proxy statements, their knowledge of the company and any other information publicly available. |  |  |  |  |
| In situations where the Investment Managers have not responded with vote recommendations to the Proxy Group by the deadline date, the Proxy Group may vote consistent with the vote recommendations of a Proxy Service. Except in cases where the Proxy Group is voting consistent with the voting recommendation of a Proxy Service, the Proxy Group must obtain voting instructions from the Investment Managers' research analysts, relevant portfolio managers(s), legal counsel and/or the Advisory Client prior to submitting the vote. In the event that an account holds a security that an Investment Manager did not purchase on its behalf, and the Investment Manager does not normally consider the security as a potential investment for other accounts, the Proxy Group may vote consistent with the voting recommendations of a Proxy Service or take no action on the meeting. |  |  |  |  |
| PROXY PROCEDURES |  |  |  |  |
| The Proxy Group is fully cognizant of its responsibility to process proxies and maintain proxy records as may be required by relevant rules and regulations. In addition, the Investment Managers understand their fiduciary duty to vote proxies and that proxy voting decisions may affect the value of shareholders. Therefore, the Investment Managers will generally attempt to process every proxy it receives for all domestic and foreign securities. However, there may be situations in which the Investment Managers may be unable to successfully vote a proxy, or may choose not to vote a proxy, such as where: (i) a proxy ballot was not received from the custodian bank; (ii) a meeting notice was received too late; (iii) there are fees imposed upon the exercise of a vote and it is determined that such fees outweigh the benefit of voting; (iv) there are legal encumbrances to voting, including blocking restrictions in certain markets that preclude the ability to dispose of a security if an Investment Manager votes a proxy or where the Investment Manager is prohibited from voting by applicable law, economic or other sanctions, or other regulatory or market requirements, including but not limited to, effective Powers of Attorney; (v) additional documentation or the disclosure of beneficial owner details is required; (vi) the Investment Managers held shares on the record date but has sold them prior to the meeting date; (vii) the Advisory Client held shares on the record date, but the Advisory Client closed the account prior to the meeting date; (viii) a proxy voting service is not offered by the custodian in the market; (ix) due to either system error or human error, the Investment Managers' intended vote is not correctly submitted; (x) the Investment Managers believe it is not in the best interest of the Advisory Client to vote the proxy for any other reason not enumerated herein; or (xi) a security is subject to a securities lending or similar program that has transferred legal title to the security to another person. |  |  |  |  |
| Rejected Votes |  |  |  |  |
| Even if the Investment Managers use reasonable efforts to vote a proxy on behalf of its Advisory Clients, such vote or proxy may be rejected because of (a) operational or procedural issues experienced by one or more third parties involved in voting proxies in such jurisdictions; (b) changes in the process or agenda for the meeting by the issuer for which the Investment Managers do not have sufficient notice; or (c) the exercise by the issuer of its discretion to reject the vote of the Investment Managers. In addition, despite the best efforts of the Proxy Group and its agents, there may be situations where the Investment Managers' votes are not received, or properly tabulated, by an issuer or the issuer's agent. |  |  |  |  |
| Securities on Loan |  |  |  |  |
| The Investment Managers or their affiliates may, on behalf of one or more of the proprietary registered investment companies advised by the Investment Managers or their affiliates, make efforts to recall any security on loan where the Investment Manager or its affiliates (a) learn of a vote on an event that may materially affect a security on loan and (b) determine that it is in the best interests of such proprietary registered investment companies to recall the security for voting purposes. The ability to timely recall shares is not entirely within the control of the Investment Managers. Under certain circumstances, the recall of shares in time for such shares to be voted may not be possible due to applicable proxy voting record dates or other administrative considerations. |  |  |  |  |
| Split Voting |  |  |  |  |
| There may be instances in certain non-U.S. markets where split voting is not allowed. Split voting occurs when a position held within an account is voted in accordance with two differing instructions. Some markets and/or issuers only allow voting on an event position and do not accept split voting. In certain cases, when more than one Franklin Templeton investment manager has accounts holding shares of an issuer that are held in an omnibus structure, the Proxy Group will seek direction from an appropriate representative of the Advisory Client with multiple Investment Managers (such as a conducting officer of the Management Company in the case of a SICAV), or the Proxy Group will submit the vote based on the voting instructions provided by the Investment Manager with accounts holding the greatest number of shares of the security within the omnibus structure. |  |  |  |  |
| Bundled Items |  |  |  |  |
| If several issues are bundled together in a single voting item, the Investment Managers will assess the total benefit to shareholders and the extent that such issues should be subject to separate voting proposals. |  |  |  |  |
| PROCEDURES FOR MEETING/INVOLVING FIXED INCOME SECURITIES & PRIVATELY HELD ISSUERS |  |  |  |  |
| From time to time, certain custodians may process events for fixed income securities through their proxy voting channels rather than corporate action channels for administrative convenience. In such cases, the Proxy Group will receive ballots for such events on the ISS voting platform. The Proxy Group will solicit voting instructions from the Investment Managers for each account or fund involved. If the Proxy Group does not receive voting instructions from the Investment Managers, the Proxy Group will take no action on the event. The Investment Managers may be unable to vote a proxy for a fixed income security, or may choose not to vote a proxy, for the reasons described under the section entitled "Proxy Procedures." |  |  |  |  |
| In the rare instance where there is a vote for a privately held issuer, the decisions will generally be made by the relevant portfolio managers or research analysts. |  |  |  |  |
| The Proxy Group will monitor such meetings involving fixed income securities or privately held issuers for conflicts of interest in accordance with these procedures. If a fixed income or privately held 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 Templeton Emerging Markets Equity Group, which includes the following investment managers: Franklin Templeton Investment Management Limited Templeton Asset Management Ltd. |  |  |  |  |
| Item 8. Portfolio Managers of Closed-End Management Investment Companies |  |  |  |  |
| (a)(1) As of February 27, 2023, the portfolio managers of the Fund are as follows: |  |  |  |  |
| Michael Lai, CFA, has been a lead portfolio manager of the Fund since 2019. He joined Franklin Templeton in 2019. |  |  |  |  |
| Erik Mok, CFA, has been a portfolio manager of the Fund since 2020. He joined Franklin Templeton in 1998. |  |  |  |  |
| (a)(2) This section reflects information about the portfolio managers as of the fiscal year ended December 31, 2022. |  |  |  |  |
| The following table shows the number of other accounts managed by each portfolio manager and the total assets in the accounts managed within each category: |  |  |  |  |
| Number of Other Registered Investment Companies Managed | Assets of Other Registered Investment Companies Managed (x $1 million) | Number of Other Pooled Investment Vehicles Managed (x $1 million) | Assets of Other Pooled Investment Vehicles Managed (x $1 million) |  |
| Michael Lai | 2 | 508.1 | 3 | 355.1 |
| Erik Mok | 3 | 705.9 | 6 | 3,306.7 |

| accounts other than the Fund may outperform the securities selected for the Fund. Moreover, if a portfolio manager identifies a limited investment opportunity that may be suitable for more than one fund or other account, the Fund may not be able to take full advantage of that opportunity due to an allocation of that opportunity across all eligible funds and other accounts. The investment manager seeks to manage such potential conflicts by using procedures intended to provide a fair allocation of buy and sell opportunities among funds and other accounts. |
| --- |
| The structure of a portfolio manager's compensation may give rise to potential conflicts of interest. A portfolio manager's base pay and bonus tend to increase with additional and more complex responsibilities that include increased assets under management. As such, there may be a relationship between a portfolio manager's marketing or sales efforts and his or her bonus. |
| Finally, the management of personal accounts by a portfolio manager may give rise to potential conflicts of interest. While the funds and the investment manager have adopted a code of ethics which they believe contains provisions designed to prevent a wide range of prohibited activities by portfolio managers and others with respect to their personal trading activities, there can be no assurance that the code of ethics addresses all individual conduct that could result in conflicts of interest. |
| The investment management of the Fund is not limited to the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company |
| Compensation of the Fund is not limited to the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and the company's business and |

By S:MATTHEW T. HINKLE

Matthew T. Hinkle

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration

Date February 27, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By S:MATTHEW T. HINKLE

Matthew T. Hinkle

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer - Finance and Administration
Date February 27, 2023

cannot accept this risk should not invest in shares of the Fund.

To help ensure we provide you with quality service, all calls to and from our service areas are monitored and/or recorded.
Exchange Commission, as they may be amended from time
to time.

Annual Report
Tangleken Dragon Fund, Inc.

**Космикова Макария**  
Territory Asset Management Ltd.

**Transfer Agent**  
American Trade Transfer &  
Trust Co., LLC  
6201 169 Avenue  
Brooklyn, NY 11219  
Tel: Fax Number:  
(800) 468-6685  
Meeting: Hayward Number:  
(800) 758-0677

**Fund Information**  
(800) 2106, MDP /  
412-5236

## Ex-99.Code

Code of Ethics for Principal Executives & Senior Financial Officers

---

| | |
|:---|:---|
| <br>**Procedures** | <br> Revised December 19, 2014 |

---

# FRANKLIN TEMPLETON FUNDS
**CODE OF ETHICS FOR PRINCIPAL EXECUTIVES AND SENIOR FINANCIAL OFFICERS**

I. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Covered Officers and Purpose of the Code

This code of ethics (the "Code") applies to the Principal Executive Officers, Principal Financial Officer and Principal Accounting Officer (the "Covered Officers," each of whom is set forth in Exhibit A) of each investment company advised by a Franklin Resources subsidiary and that is registered with the United States Securities & Exchange Commission ("SEC") (collectively, "FT Funds") for the purpose of promoting:

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Honest and ethical conduct, including the ethical resolution of actual or apparent conflicts of interest between personal and professional relationships;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Full, fair, accurate, timely and understandable disclosure in reports and documents that a registrant files with, or submits to, the SEC and in other public communications made by or on behalf of the FT Funds;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compliance with applicable laws and governmental rules and regulations;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accountability for adherence to the Code.

Each Covered Officer will be expected to adhere to a high standard of business ethics and must be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

 *\** 

Rule 38a-1 under the Investment Company Act of 1940 ("1940 Act") and Rule 206(4)-7 under the Investment Advisers Act of 1940 ("Advisers Act") (together the "Compliance Rule") require registered investment companies and registered investment advisers to, among other things, adopt and implement written policies and procedures reasonably designed to prevent violations of the federal securities laws ("Compliance Rule Policies and Procedures").

CONFIDENTIAL INFORMATION. This document is the proprietary product of Franklin Templeton Investments. It may NOT be distributed outside the company unless it is made subject to a non-disclosure agreement and/or such release receives authorization by an FTI Chief Compliance Officer. Any unauthorized use, reproduction or transfer of this document is strictly prohibited. Franklin Templeton Investments© 2014. All Rights Reserved.

II. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Policies and Procedures

This Code shall be the sole code of ethics adopted by the Funds for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder.

Franklin Resources, Inc. has separately adopted the <u>Code of Ethics and Business</u> <u>Conduct</u> ("Business Conduct"), which is applicable to all officers, directors and employees of Franklin Resources, Inc., including Covered Officers. It summarizes the values, principles and business practices that guide the employee's business conduct and also provides a set of basic principles to guide officers, directors and employees regarding the minimum ethical requirements expected of them. It supplements the values, principles and business conduct identified in the Code and other existing employee policies.

Additionally, the Franklin Templeton Funds have separately adopted the <u>FTI Personal</u> <u>Investments and Insider Trading Policy</u> governing personal securities trading and other related matters. The Code for Insider Trading provides for separate requirements that apply to the Covered Officers and others, and therefore is not part of this Code.

Insofar as other policies or procedures of Franklin Resources, Inc., the Funds, the Funds' adviser, principal underwriter, or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superceded by this Code to the extent that they overlap or conflict with the provisions of this Code. Please review these other documents or consult with the Legal Department if have questions regarding the applicability of these policies to you.

III. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest

**Overview.** A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his or her service to, the FT Funds. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of apposition with the FT Funds.

Certain conflicts of interest arise out of the relationships between Covered Officers and the FT Funds and already are subject to conflict of interest provisions in the Investment Company Act of 1940 ("Investment Company Act") and the Investment Advisers Act of 1940 ("Investment Advisers Act"). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the FT Funds because of their status as "affiliated persons" of the FT Funds. The FT Funds' and the investment advisers' compliance programs and procedures are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside of the parameters of this Code.

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the FT Funds, the investment advisers and the fund administrator of which the Covered Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for the FT Funds, for the adviser, the administrator, or

## 2
for all three), be involved in establishing policies and implementing decisions that will have different effects on the adviser, administrator and the FT Funds. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the FT Funds, the adviser, and the administrator and is consistent with the performance by the Covered Officers of their duties as officers of the FT Funds. Thus, if performed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, such activities will be deemed to have been handled ethically. In addition, it is recognized by the FT Funds' Boards of Directors ("Boards") that the Covered Officers may also be officers or employees of one or more other investment companies covered by this or other codes.

Other conflicts of interest are covered by the Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under the Code, but Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of the FT Funds.

Each Covered Officer must:

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not use his or her personal influence or personal relationships improperly to influence investment decisions or financial reporting by the FT Funds whereby the Covered Officer would benefit personally to the detriment of the FT Funds;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not cause the FT Funds to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than the benefit the FT Funds;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not retaliate against any other Covered Officer or any employee of the FT Funds or their affiliated persons for reports of potential violations that are made in good faith;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Report at least annually the following affiliations or other relationships:[<sup>1</sup>](#_bookmark0)

o

all directorships for public companies and all companies that are required to file reports with the SEC;

o

any direct or indirect business relationship with any independent directors of the FT Funds;

o

any direct or indirect business relationship with any independent public accounting firm (which are not related to the routine issues related to the firm's service as the Covered Persons accountant); and

o

any direct or indirect interest in any transaction with any FT Fund that will benefit the officer (not including benefits derived from the advisory, sub-advisory, distribution or service agreements with affiliates of Franklin Resources).

These reports will be reviewed by the Legal Department for compliance with the Code.

There are some conflict of interest situations that should always be approved in writing by Franklin Resources General Counsel or Deputy General Counsel, if material. Examples of these include[<sup>2</sup>](#_bookmark1):

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service as a director on the board of any public or private Company.

<sup>1</sup> Reporting of these affiliations or other relationships shall be made by completing the annual Directors and Officers Questionnaire and returning the questionnaire to Franklin Resources Inc, General Counsel or Deputy General Counsel.

<sup>2&nbsp;&nbsp;&nbsp;&nbsp;</sup> Any activity or relationship that would present a conflict for a Covered Officer may also present a conflict for the Covered Officer

if a member of the Covered Officer's immediate family engages in such an activity or has such a relationship. The Cover Person should also obtain written approval by FT's General Counsel in such situations.

## 3
· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The receipt of any gifts in excess of $100 from any person, from any corporation or association.

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The receipt of any entertainment from any Company with which the FT Funds has current or prospective business dealings unless such entertainment is business related, reasonable in cost, appropriate as to time and place, and not so frequent as to raise any question of impropriety. Notwithstanding the foregoing, the Covered Officers must obtain prior approval from the Franklin Resources General Counsel for any entertainment with a value in excess of $1000.

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any ownership interest in, or any consulting or employment relationship with, any of the FT Fund's service providers, other than an investment adviser, principal underwriter, administrator or any affiliated person thereof.

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A direct or indirect financial interest in commissions, transaction charges or spreads paid by the FT Funds for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer's employment, such as compensation or equity ownership.

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Franklin Resources General Counsel or Deputy General Counsel will provide a report to the FT Funds Audit Committee of any approvals granted at the next regularly scheduled meeting.

IV. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosure and Compliance

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Covered Officer should familiarize himself with the disclosure requirements generally applicable to the FT Funds;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about the FT Funds to others, whether within or outside the FT Funds, including to the FT Funds' directors and auditors, and to governmental regulators and self-regulatory organizations;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Covered Officer should, to the extent appropriate within his or her area of responsibility, consult with other officers and employees of the FT Funds, the FT Fund's adviser and the administrator with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the FT Funds file with, or submit to, the SEC and in other public communications made by the FT Funds; and

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

V. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reporting and Accountability

Each Covered Officer must:

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upon becoming a covered officer affirm in writing to the Board that he or she has received, read, and understands the Code (see Exhibit B);

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annually thereafter affirm to the Board that he has complied with the requirements of the Code; and

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notify Franklin Resources' General Counsel or Deputy General Counsel promptly if he or she knows of any violation of this Code. Failure to do so is itself is a violation of this

## 4
Code.

Franklin Resources' General Counsel and Deputy General Counsel are responsible for applying this Code to specific situations in which questions are presented under it and have the authority to interpret this Code in any particular situation.[<sup>3</sup>](#_bookmark2) However, the Independent Directors of the respective FT Funds will consider any approvals or waivers[<sup>4</sup>](#_bookmark3) sought by any Chief Executive Officers of the Funds.

The FT Funds will follow these procedures in investigating and enforcing this Code:

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Franklin Resources General Counsel or Deputy General Counsel will take all appropriate action to investigate any potential violations reported to the Legal Department;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If, after such investigation, the General Counsel or Deputy General Counsel believes that no violation has occurred, The General Counsel is not required to take any further action;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any matter that the General Counsel or Deputy General Counsel believes is a violation will be reported to the Independent Directors of the appropriate FT Fund;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the Independent Directors concur that a violation has occurred, it will inform and make a recommendation to the Board of the appropriate FT Fund or Funds, which will consider appropriate action, which may include review of, and appropriate modifications to, applicable policies and procedures; notification to appropriate personnel of the investment adviser or its board; or a recommendation to dismiss the Covered Officer;

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Independent Directors will be responsible for granting waivers, as appropriate; and

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any changes to or waivers of this Code will, to the extent required, are disclosed as provided by SEC rules.[<sup>5</sup>](#_bookmark4)

VI. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Policies and Procedures

This Code shall be the sole code of ethics adopted by the FT Funds for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of the FT Funds, the FT Funds' advisers, principal underwriter, or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The FTI Personal Investments and Insider Trading Policy, adopted by the FT Funds, FT investment advisers and FT Fund's principal underwriter pursuant to Rule 17j-1 under the Investment Company Act, the Code of Ethics and Business Conduct and more detailed policies and procedures set forth in FT's Employee Handbook are separate requirements applying to the Covered Officers and others, and are not part of this Code.

<sup>3</sup> Franklin Resources General Counsel and Deputy General Counsel are authorized to consult, as appropriate, with members of the Audit Committee, counsel to the FT Funds and counsel to the Independent Directors, and are encouraged to do so.

<sup>4</sup> Item 2 of Form N-CSR defines "waiver" as "the approval by the registrant of a material departure from a provision of the code of

ethics" and "implicit waiver," which must also be disclosed, as "the registrant's failure to take action within a reasonable period of time regarding a material departure from a provision of the code of ethics that has been made known to an executive officer" of the registrant. See Part X.

See Part X.

VII. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amendments

Any amendments to this Code, other than amendments to Exhibit A, must be approved or ratified by a majority vote of the FT Funds' Board including a majority of independent directors.

VIII. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Confidentiality

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the FT Funds' Board and their counsel.

IX. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Internal Use

The Code is intended solely for the internal use by the FT Funds and does not constitute an admission, by or on behalf of any FT Funds, as to any fact, circumstance, or legal conclusion.

X. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosure on Form N-CSR

Item 2 of Form N-CSR requires a registered management investment company to disclose annually whether, as of the end of the period covered by the report, it has adopted a code of ethics that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these officers are employed by the registrant or a third party. If the registrant has not adopted such a code of ethics, it must explain why it has not done so.

The registrant must also: (1) file with the SEC a copy of the code as an exhibit to its annual report; (2) post the text of the code on its Internet website and disclose, in its most recent report on Form N-CSR, its Internet address and the fact that it has posted the code on its Internet website; or (3) undertake in its most recent report on Form N-CSR to provide to any person without charge, upon request, a copy of the code and explain the manner in which such request may be made. Disclosure is also required of amendments to, or waivers (including implicit waivers) from, a provision of the code in the registrant's annual report on Form N-CSR or on its website. If the registrant intends to satisfy the requirement to disclose amendments and waivers by posting such information on its website, it will be required to disclose its Internet address and this intention.

The Legal Department shall be responsible for ensuring that:

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a copy of the Code is filed with the SEC as an exhibit to each Fund's annual report; and

· &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; any amendments to, or waivers (including implicit waivers) from, a provision of the Code is disclosed in the registrant's annual report on Form N-CSR.

In the event that the foregoing disclosure is omitted or is determined to be incorrect, the Legal Department shall promptly file such information with the SEC as an amendment to Form N-CSR.

In such an event, the Fund Chief Compliance Officer shall review the Code and propose such changes to the Code as are necessary or appropriate to prevent reoccurrences.

# EXHIBIT A
Persons Covered by the Franklin Templeton Funds Code of Ethics

January 1, 2022

# FRANKLIN GROUP OF FUNDS
Edward Perks&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Rupert H. Johnson, Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chairman of the Board and Vice President

Michael McCarthy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Sonal Desai, Ph D&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Matthew Hinkle&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer – Finance and Administration

Christopher Kings&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Financial Officer and Chief Accounting Officer and Treasurer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

# FRANKLIN MUTUAL SERIES FUNDS
Christian K. Correa&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer – Investment Management

Matthew Hinkle&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer – Finance and Administration

Christopher Kings&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Financial Officer and Chief Accounting Officer and Treasurer

# FRANKLIN ALTERNATIVE STRATEGIES FUNDS
Brooks Ritchey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Matthew Hinkle&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer – Finance and Administration

Christopher Kings&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Financial Officer, Chief Accounting Officer and Treasurer

# TEMPLETON GROUP OF FUNDS
Rupert H. Johnson Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chairman of the Board and Vice President

Manraj S. Sekhon&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Michael Hasenstab, Ph.D. &nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Alan Bartlett&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief Executive Officer – Investment Management

Matthew Hinkle&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer – Finance and Administration

Christopher Kings&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Financial Officer, Chief Accounting Officer and Treasurer

# Exhibit B ACKNOWLEDGMENT FORM

### Franklin Templeton Funds Code of Ethics
**For Principal Executives and Senior Financial Officers**

### Instructions:
1. &nbsp;&nbsp;&nbsp;&nbsp; Complete all sections of this form.

2. &nbsp;&nbsp;&nbsp;&nbsp; Print the completed form, sign, and date.

3. &nbsp;&nbsp;&nbsp;&nbsp; Submit completed form to FT's General Counsel c/o Code of Ethics Administration within 10 days of becoming a Covered Officer and by February 15th of each subsequent year.

**E-mail:&nbsp;&nbsp;&nbsp;&nbsp;** Code of Ethics Inquiries & Requests (internal address); lpreclear@franklintempleton.com (external address)

---

| |
|:---|
| **Covered Officer's Name:** |
| **Title:** |
| **Department:** |
| **Location:** |
| **Certification for Year Ending:** |

---

***To: Franklin Resources General Counsel, Legal Department***

 ****

I acknowledge receiving, reading and understanding the Franklin Templeton Fund's Code of Ethics for Principal Executive Officers and Senior Financial Officers (the "Code"). I will comply fully with all provisions of the Code to the extent they apply to me during the period of my employment. I further understand and acknowledge that any violation of the Code may subject me to disciplinary action, including termination of employment.

---

| | |
|:---|:---|
| &nbsp;&nbsp; ***Signature*** | &nbsp;&nbsp; ***Date signed*** |

---

## Ex-99.Cert

I, Matthew T. Hinkle, certify that:

1. &nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this report on Form N-CSR of **Templeton Dragon Fund, Inc.**;

2. &nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. &nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. &nbsp;&nbsp;&nbsp;&nbsp; The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. &nbsp;&nbsp;&nbsp;&nbsp; The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

2/27/2023

S\MATTHEW T. HINKLE

Matthew T. Hinkle

Chief Executive Officer - Finance and Administration

I, Christopher Kings, certify that:

1. &nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this report on Form N-CSR of **Templeton Dragon Fund, Inc.**;

2. &nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. &nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. &nbsp;&nbsp;&nbsp;&nbsp; The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. &nbsp;&nbsp;&nbsp;&nbsp; The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

2/27/2023

S\CHRISTOPHER KINGS

Christopher Kings

Chief Financial Officer, Chief Accounting Officer and Treasurer

## Exhibit 99.906

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

**AS ADOPTED PURSUANT TO SECTION 906**

# OF THE SARBANES-OXLEY ACT OF 2002
I, Matthew T. Hinkle, Chief Executive Officer of the **Templeton Dragon Fund, Inc.** (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The periodic report on Form N-CSR of the Registrant for the period ended 12/31/2022 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Dated: 2/27/2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; S\MATTHEW T. HINKLE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Matthew T. Hinkle

Chief Executive Officer - Finance and Administration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

**AS ADOPTED PURSUANT TO SECTION 906**

I, Christopher Kings, Chief Financial Officer of the **Templeton Dragon Fund, Inc.** (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The periodic report on Form N-CSR of the Registrant for the period ended 12/31/2022 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Dated: 2/27/2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; S\CHRISTOPHER KINGS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Christopher Kings

Chief Financial Officer, Chief Accounting Officer and Treasurer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;