# EDGAR Filing Document

**Accession Number:** 0001039348
**File Stem:** 0001021408-25-002230
**Filing Date:** 2025-8
**Character Count:** 20929
**Document Hash:** 1ea3928fd6f5d79df8b459e08d1c0e6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001021408-25-002230.hdr.sgml**: 20250819

**ACCESSION NUMBER**: 0001021408-25-002230

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250819

**EFFECTIVENESS DATE**: 20250819

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON ASSET MANAGEMENT LTD
- **CENTRAL INDEX KEY:** 0001039348
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11763
- **FILM NUMBER:** 251230488

**BUSINESS ADDRESS:**
- **STREET 1:** 7 TEMASEK BOULEVARD
- **STREET 2:** #38-03 SUNTEC TOWER ONE
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 038987
- **BUSINESS PHONE:** 65 6432 9400

**MAIL ADDRESS:**
- **STREET 1:** 7 TEMASEK BOULEVARD
- **STREET 2:** #38-03 SUNTEC TOWER ONE
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 038987

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

## N-PX: Filer Information

**Filer CIK:** 0001039348

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

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

**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:** TEMPLETON ASSET MANAGEMENT LTD

**Address:** 7 Temasek Boulevard, Suntec, U0 038987

**Telephone number:** 8006322350

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-11763

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

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

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] 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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| The Procter  Gamble Company                | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote)                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |   5693           |                0 | FOR         |                           5693           | FOR                         |  |
| Medtronic Plc                              | G5960L103 | 10/17/2024     | Approving, on an advisory basis, the Company's executive compensation;                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  24089           |                0 | FOR         |                          24089           | FOR                         |  |
| Cisco Systems, Inc.                        | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  49072           |                0 | AGAINST     |                          49072           | AGAINST                     |  |
| Microsoft Corporation                      | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  35113           |                0 | FOR         |                          35113           | FOR                         |  |
| Micron Technology, Inc.                    | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                  | SECTION 14A SAY-ON-PAY VOTES |  47839           |                0 | FOR         |                          47839           | FOR                         |  |
| Visa Inc.                                  | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   6078           |                0 | FOR         |                           6078           | FOR                         |  |
| Apple Inc.                                 | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |   7068           |                0 | FOR         |                           7068           | FOR                         |  |
| Applied Materials, Inc.                    | 038222105 | 03/06/2025     | Approval, on an advisory basis, of the compensation of Applied Materials' named executive officers for fiscal year 2024.                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  20676           |                0 | FOR         |                          20676           | FOR                         |  |
| F5, Inc.                                   | 315616102 | 03/13/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   5072           |                0 | FOR         |                           5072           | FOR                         |  |
| Adobe Inc.                                 | 00724F101 | 04/22/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   8547           |                0 | FOR         |                           8547           | FOR                         |  |
| Bank of America Corporation                | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  27731           |                0 | AGAINST     |                          27731           | AGAINST                     |  |
| The PNC Financial Services Group, Inc.     | 693475105 | 04/23/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   2551           |                0 | FOR         |                           2551           | FOR                         |  |
| Johnson  Johnson                           | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  16159           |                0 | FOR         |                          16159           | FOR                         |  |
| Wells Fargo  Company                       | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  20134           |                0 | FOR         |                          20134           | FOR                         |  |
| Eli Lilly and Company                      | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   1277           |                0 | FOR         |                           1277           | FOR                         |  |
| Albemarle Corporation                      | 012653101 | 05/06/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  13720           |                0 | AGAINST     |                          13720           | AGAINST                     |  |
| CRH Plc                                    | G25508105 | 05/08/2025     | Consideration of Named Executive Officer Compensation for 2024 ("Say-on-Pay")                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  32661           |                0 | FOR         |                          32661           | FOR                         |  |
| CRH Plc                                    | G25508105 | 05/08/2025     | Consideration of Frequency of Future "Say-on-Pay" Votes                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  32661           |                0 | ONE YEAR    |                          32661           | FOR                         |  |
| Equifax Inc.                               | 294429105 | 05/08/2025     | Advisory vote to approve named executive officer compensation ("say-on-pay").                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   1926           |                0 | FOR         |                           1926           | FOR                         |  |
| Union Pacific Corporation                  | 907818108 | 05/08/2025     | Approve, by non-binding vote, the compensation of the Company's Named Executive Officers ("Say on Pay").                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   2206           |                0 | FOR         |                           2206           | FOR                         |  |
| AT Inc.                                    | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  65431           |                0 | FOR         |                          65431           | FOR                         |  |
| KeyCorp                                    | 493267108 | 05/15/2025     | Advisory approval of executive compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  43735           |                0 | AGAINST     |                          43735           | AGAINST                     |  |
| Intercontinental Exchange, Inc.            | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   3500           |                0 | FOR         |                           3500           | FOR                         |  |
| Amazon.com, Inc.                           | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  13930           |                0 | AGAINST     |                          13930           | AGAINST                     |  |
| Genpact Limited                            | G3922B107 | 05/22/2025     | Approve, on a non-binding, advisory basis, the compensation of our named executive officers;                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      2.64057e+06 |                0 | FOR         |                              2.64057e+06 | FOR                         |  |
| Kenvue Inc.                                | 49177J102 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of Kenvue Inc.'s named executive officers.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 219256           |                0 | FOR         |                         219256           | FOR                         |  |
| Pinterest, Inc.                            | 72352L106 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  15788           |                0 | FOR         |                          15788           | FOR                         |  |
| The Charles Schwab Corporation             | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |   6598           |                0 | FOR         |                           6598           | FOR                         |  |
| Yum China Holdings, Inc.                   | 98850P109 | 05/23/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 189080           |              100 | FOR         |                         189080           | FOR                         |  |
| Exxon Mobil Corporation                    | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  26428           |                0 | FOR         |                          26428           | FOR                         |  |
| Meta Platforms, Inc.                       | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                           | SECTION 14A SAY-ON-PAY VOTES |   2201           |                0 | AGAINST     |                           2201           | AGAINST                     |  |
| Meta Platforms, Inc.                       | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years. | SECTION 14A SAY-ON-PAY VOTES |   2201           |                0 | ONE YEAR    |                           2201           | AGAINST                     |  |
| Zimmer Biomet Holdings, Inc.               | 98956P102 | 05/29/2025     | Approve, on a non-binding advisory basis, named executive officer compensation ("Say on Pay").                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  16689           |                0 | FOR         |                          16689           | FOR                         |  |
| UnitedHealth Group Incorporated            | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   4257           |                0 | AGAINST     |                           4257           | AGAINST                     |  |
| Booking Holdings Inc.                      | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |    301           |                0 | FOR         |                            301           | FOR                         |  |
| Cognizant Technology Solutions Corporation | 192446102 | 06/03/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the company's named executive officers (say-on-pay).                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      2.39455e+06 |                0 | FOR         |                              2.39455e+06 | FOR                         |  |
| Salesforce, Inc.                           | 79466L302 | 06/05/2025     | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  14799           |                0 | FOR         |                          14799           | FOR                         |  |
| Freeport-McMoRan Inc.                      | 35671D857 | 06/11/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  76656           |                0 | FOR         |                          76656           | FOR                         |  |
| Autodesk, Inc.                             | 052769106 | 06/18/2025     | Approve, on an advisory (non-binding) basis, the compensation of Autodesk, Inc's named executive officers.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  10968           |                0 | FOR         |                          10968           | FOR                         |  |
| NVIDIA Corporation                         | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  22502           |                0 | FOR         |                          22502           | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** TEMPLETON ASSET MANAGEMENT LTD

**By (Signature):** John Goh

**By (Printed Signature):** John Goh

**By (Title):** Chief Compliance Officer

**Date:** 08/18/2025