# EDGAR Filing Document

**Accession Number:** 0001233087
**File Stem:** 0001021408-25-001898
**Filing Date:** 2025-8
**Character Count:** 96747
**Document Hash:** e77f90fc7ac50b75f735d03c85428cd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001021408-25-001898.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001021408-25-001898

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN LTD DURATION INCOME TRUST
- **CENTRAL INDEX KEY:** 0001233087

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21357
- **FILM NUMBER:** 251223508

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN TEMPLETON LTD DURATION INCOME TRUST
- **DATE OF NAME CHANGE:** 20060111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST
- **DATE OF NAME CHANGE:** 20030718

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN TEMPLETON STRATEGIC INCOME TRUST
- **DATE OF NAME CHANGE:** 20030515

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001233087

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Franklin Ltd Duration Income Trust

**Address:** One Franklin Parkway, San Mateo, CA 94403-1906

**Telephone number:** 650-312-2000

**Name of agent for service:** Alison E. Baur

**Agent Address:** One Franklin Parkway, San Mateo, CA 94403-1906

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-21357

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** P58SM14RY02PYB0IA680

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                   | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | VOTE CATEGORY                                      |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Stephen Schaefer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Gizman Abbas                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Karen Hyde                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Christine Benson Schwartzstein                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Mark "Mac" McFarland                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Anthony Horton                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Talen Energy Corporation         | 87422Q109 | 07/05/2024     | Elect Director Joseph Nigro                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS                                 |    12338       |                0 | FOR         |                              12338       | FOR                         |  |
| Diamond Sports Group LLC         | 25277LAC0 | 11/05/2024     | Vote On The Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | OTHER                                              |        1e+06   |                0 | FOR         |                                  1e+06   | FOR                         |  |
| Diamond Sports Group LLC         | 25277LAC0 | 11/05/2024     | Opt-out Of Third-party Release                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | OTHER                                              |        1e+06   |                0 | AGAINST     |                                  1e+06   | AGAINST                     |  |
| Diamond Sports Group LLC         | 25277LAC0 | 11/05/2024     | Vote On The Amended Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | OTHER                                              |        1e+06   |                0 | FOR         |                                  1e+06   | FOR                         |  |
| Diamond Sports Group LLC         | 25277LAC0 | 11/05/2024     | Opt-Out Of The Third-Party Release Contained In The Amended Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | OTHER                                              |        1e+06   |                0 | AGAINST     |                                  1e+06   | AGAINST                     |  |
| Diamond Sports Group LLC         | 25277LAF3 | 11/05/2024     | Vote On The Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | OTHER                                              |        1.6e+06 |                0 | FOR         |                                  1.6e+06 | FOR                         |  |
| Diamond Sports Group LLC         | 25277LAF3 | 11/05/2024     | Opt-out Of Third-party Release                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | OTHER                                              |        1.6e+06 |                0 | AGAINST     |                                  1.6e+06 | AGAINST                     |  |
| Diamond Sports Group LLC         | 25277LAF3 | 11/05/2024     | Vote On The Amended Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | OTHER                                              |        1.6e+06 |                0 | FOR         |                                  1.6e+06 | FOR                         |  |
| Diamond Sports Group LLC         | 25277LAF3 | 11/05/2024     | Opt-Out Of The Third-Party Release Contained In The Amended Plan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | OTHER                                              |        1.6e+06 |                0 | AGAINST     |                                  1.6e+06 | AGAINST                     |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Accept Financial Statements and Statutory Reports                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | CORPORATE GOVERNANCE                               |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Approve Remuneration Report                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | COMPENSATION                                       |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Reappoint BDO LLP as Auditors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | AUDIT-RELATED                                      |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Authorise Board to Fix Remuneration of Auditors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | AUDIT-RELATED                                      |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Re-elect Varda Shine as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Re-elect Richard Duffy as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Re-elect Bernard Pryor as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Re-elect Deborah Gudgeon as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Elect Lerato Molebatsi as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Elect Jose Vargas as Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS                                 |   331401       |                0 | FOR         |                             331401       | FOR                         |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Appoint Amre Youness as Board Observer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | CORPORATE GOVERNANCE                               |   331401       |                0 | FOR         |                             331401       | NONE                        |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Appoint Alex Watson as Board Observer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | CORPORATE GOVERNANCE                               |   331401       |                0 | FOR         |                             331401       | NONE                        |  |
| Petra Diamonds Ltd.              | G70278208 | 11/13/2024     | Amend Articles of Association                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | CORPORATE GOVERNANCE                               |   331401       |                0 | AGAINST     |                             331401       | AGAINST                     |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Andrew B. Bremner                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Tiffany (TJ) Thom Cepak                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: James N. Chapman                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: James R. Jackson                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Christian S. Kendall                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Francisco J. Leon                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Mark A. (Mac) McFarland                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: William B. Roby                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Bobby Saadati                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Election of Directors: Alejandra (Ale) Veltmann                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS                                 |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2025.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | AUDIT-RELATED                                      |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| California Resources Corporation | 13057Q305 | 05/02/2025     | To approve, by non-binding vote, named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES                       |       72       |                0 | FOR         |                                 72       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | Election of Directors: Deborah G. Adams                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS                                 |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | Election of Directors: Clint Coghill                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS                                 |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | Election of Directors: Christopher W. Hamm                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS                                 |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | Election of Directors: Todd R. Snyder                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS                                 |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | Election of Directors: Martyn Willsher                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS                                 |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | To ratify the appointment, by the Audit Committee of our board of directors, of Deloitte  Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | AUDIT-RELATED                                      |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Amplify Energy Corp.             | 03212B103 | 06/13/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES                       |      281       |                0 | FOR         |                                281       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | The Transaction Proposal - To consider and vote on a proposal to approve and adopt the Transaction Agreement, dated as of March 13, 2025, by and among Endo, Mallinckrodt plc, a public limited company incorporated in Ireland with registered number 522227 ("Mallinckrodt"), and Salvare Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of Mallinckrodt ("Merger Sub"), as it may be amended, supplemented, or otherwise modified from time to time (the "Transaction Agreement"), including the plan of merger contained therein, and the transactions contemplated thereby (the "Transactions"), including the merger of Merger Sub with and into Endo, with Endo continuing as the surviving corporation (the "Business Combination"), which is further described in the sections of the accompanying joint proxy statement/prospectus (the "joint proxy statement/prospectus") entitled "The Transaction" and "The Transaction Agreement" beginning on page 111 and page 305, respectively, of the joint proxy statement/prospectus and a copy of which is attached as Annex B to the joint proxy statement/prospectus.       | EXTRAORDINARY TRANSACTIONS                         |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | The Distributable Reserves Proposal - To consider and vote on, on a non-binding, advisory basis, a proposal to approve (i) the reduction of the entire amount (or such lesser amount as the directors of Mallinckrodt or the Irish High Court may determine) standing to the credit of Mallinckrodt's share premium account as at the date of the joint proxy statement/prospectus (being the first Mallinckrodt distributable reserves creation); and (ii) the reduction of the entire amount (or such lesser amount as the directors of Mallinckrodt or the Irish High Court may determine) standing to the credit of Mallinckrodt's share premium account following the consummation of the Business Combination, (including but not limited to the share premium arising from the issuance of Mallinckrodt ordinary shares pursuant to the Transaction Agreement or the amounts credited to Mallinckrodt's share premium account upon the capitalization of any merger reserve or like reserve resulting from the issuance of Mallinckrodt ordinary shares pursuant to the Transaction Agreement) (being the second Mallinckrodt distributable reserves creation). | CAPITAL STRUCTURE                                  |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | The Combination-Related Compensation Proposal - To consider and vote on, on a non-binding, advisory basis, a proposal to approve compensation that will or may become payable by Endo to its named executive officers in connection with the Transactions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES                       |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | The Mallinckrodt Articles Amendment Proposals - To consider and vote on, on a non-binding, advisory basis, eight separate proposals to approve the following amendments to the Mallinckrodt articles of association, presented separately in accordance with the requirements of the United States Securities and Exchange Commission:    Change in Mallinckrodt Capital Structure - To vary the authorized share capital of Mallinckrodt, including through the creation of a new class of preferred shares, the removal of pre-emption rights of certain shareholders over newly issued shares and the deletion of Article 174 of the existing Mallinckrodt constitution, which capped the total number of shares issuable pursuant to Mallinckrodt's management incentive plan at 10%, as shown in Annex K-2 of the joint proxy statement/prospectus;                                                                                                                                                                                                                                                                                                               | CAPITAL STRUCTURE                                  |    11685       |                0 | AGAINST     |                              11685       | AGAINST                     |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Dealings in Transfers and Registration of Mallinckrodt Shares - To delete certain restrictions on Mallinckrodt shareholders' ability to deal in their Mallinckrodt shares, amend the circumstances in which directors can decline to register a transfer of shares and eliminate the drag-along rights and tag-along rights in the existing memorandum and articles of association of Mallinckrodt, as shown in Annex K-3 of the joint proxy statement/prospectus;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | SHAREHOLDER RIGHTS AND DEFENSES; CAPITAL STRUCTURE |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Change in Mallinckrodt Shareholder Meeting Procedure - To change the quorum required for general meetings (to two or more persons holding (or representing by proxy) at least one half in nominal value of the issued shares of an applicable class), the manner in which voting will be conducted (by requiring voting to be carried out by way of a poll) and the procedures required for advance notice of members' business and nominations (by aligning with the customary current approach by U.S. listed companies), as shown in Annex K-4 of the joint proxy statement/prospectus:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | CORPORATE GOVERNANCE                               |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Transactions involving Mallinckrodt - To delete the ability of holders of more than one half of the Mallinckrodt shares to require the Mallinckrodt board to initiate a process for a review of strategic alternatives and a sale of assets or business segments, to delete restrictions on the Mallinckrodt board from selling, leasing or exchanging all or substantially all of Mallinckrodt's property and assets without prior consent of the holders of more than one half of the Mallinckrodt shares, to amend provisions regarding shareholder rights plan to align with the customary approach adopted by Irish incorporated U.S. listed companies and to restrict Mallinckrodt from engaging in business combinations with "interested members" for a period of time, subject to certain exceptions, as shown in Annex K-5 of the joint proxy statement/prospectus;                                                                                                                                                                                                                                                                                          | CORPORATE GOVERNANCE                               |    11685       |                0 | AGAINST     |                              11685       | AGAINST                     |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Proceedings of Mallinckrodt Directors - To permit the Mallinckrodt board to determine its own size (subject to a minimum of two and a maximum of twenty directors) and its own chair, and to allow for the vacation ipso facto of the office of a director where he or she is requested to resign in writing by not less than three quarters of the other directors, as shown in Annex K-6 of the joint proxy statement/prospectus;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE                               |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Appointment and Removal of Mallinckrodt Directors - To change the provisions regarding appointment of Mallinckrodt directors and add provisions regarding plurality voting of directors, as shown in Annex K-7 of the joint proxy statement/prospectus;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | CORPORATE GOVERNANCE                               |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Information Rights and Board Observers - To delete existing provisions in respect of information rights and board observers for certain shareholders, as shown in Annex K-8 of the joint proxy statement/prospectus; and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | CORPORATE GOVERNANCE                               |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/13/2025     | Miscellaneous Changes - To make certain other changes to make Mallinckrodt's articles of association in a form that is customary for an Irish public limited company effecting a transaction of the nature of the Transactions and for a potential listing of Mallinckrodt's shares on the New York Stock Exchange, as shown in Annex K-9 of the joint proxy statement/prospectus.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | CORPORATE GOVERNANCE                               |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Paul Efron                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Paul Herendeen                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Scott Hirsch                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Sophia Langlois                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Andy Pasternak                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To elect, by separate resolutions, six members to our Board of Directors to serve until the next Annual Meeting of Stockholders: Marc Yoskowitz                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS                                 |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the compensation of our named executive officers (say-on-pay).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES                       |    11685       |                0 | FOR         |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the frequency of soliciting an advisory say-on-pay vote (say-on-frequency).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES                       |    11685       |                0 | ONE YEAR    |                              11685       | FOR                         |  |
| Endo, Inc.                       | 29290D117 | 06/25/2025     | To approve the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the year ending December 31, 2025 and to authorize the Board of Directors, acting through the Audit  Finance Committee, to determine the independent registered public accounting firm's remuneration.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | AUDIT-RELATED                                      |    11685       |                0 | FOR         |                              11685       | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Franklin Ltd Duration Income Trust

**By (Signature):** Christopher Kings

**By (Printed Signature):** Christopher Kings

**By (Title):** Chief Executive Officer ? Finance and Administration

**Date:** 08/15/2025