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<div style="margin-top:12pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">SUPPLEMENT DATED OCTOBER 21, 2026 </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">TO THE SUMMARY PROSPECTUSES, PROSPECTUSES </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">AND STATEMENTS OF ADDITIONAL INFORMATION (SAI) </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">OF EACH FRANKLIN TEMPLETON FUND </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">LISTED IN <span style="text-decoration:underline">SCHEDULE A</span> </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;">Each Fund is adopting changes to its name and certain investment policies as described below. The adoption of these changes does not reflect a change in the investment objective or investment focus of the Funds, or the principal risks of investing in the Funds. More detail about these and related changes to each Fund’s summary prospectus, prospectus and SAI are described below. </div>
<table cellpadding="0" cellspacing="0" id="table181064" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">2)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, Templeton Growth Fund, Inc.’s name will be changed to “Templeton Global Equity Fund, Inc.” Therefore, all references in the summary prospectus, prospectus and SAI to “Templeton Growth Fund, Inc.” and “Templeton Growth Fund” will be replaced with “Templeton Global Equity Fund, Inc.” on that date. </div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" id="table635708" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">3)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, the following is added to the Templeton Growth Fund, Inc.’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal circumstances, the Fund invests at least 80% of its net assets in the equity securities of companies located anywhere in the world, including developing markets. </div>
<table cellpadding="0" cellspacing="0" id="table809665" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">5)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, the following is added to Templeton Growth Fund, Inc.’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal market conditions the Fund expects to invest in foreign securities (including emerging markets securities) in an amount equal to at least the lesser of: (a) 40% of its net assets; or (b) the percentage of foreign issuers represented in the MSCI All Country World Index‑NR minus 5%. </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">SCHEDULE A </span></div>
<table cellpadding="0" cellspacing="0" id="table136218" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: bottom;"> <span style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:table-cell;font-size:10pt;font-family:arial;font-weight:bold">Fund</span></td>
<td style="vertical-align:bottom;"> </td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Date of Summary</div> <div style="margin-top:0pt;margin-bottom:1pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Prospectus, Prospectus<br/>and SAI</div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" class="tableHighlight" id="table224468" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="font-size:1pt">
<td style="height: 6pt; width: 64%;"></td>
<td colspan="2" style="height: 6pt; width: 234%;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt;background-color:#cceeff">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">TEMPLETON GROWTH FUND, INC</span>.</div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; width: 34%;"></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; width: 64%;"></td>
<td colspan="2" style="height: 1.5pt; width: 234%;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;">Templeton Growth Fund, Inc.</div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; text-align: center; width: 34%;">January 1, 2026</td> </tr> </table>
<div style="margin-top:12pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">SUPPLEMENT DATED OCTOBER 21, 2026 </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">TO THE SUMMARY PROSPECTUSES, PROSPECTUSES </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">AND STATEMENTS OF ADDITIONAL INFORMATION (SAI) </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">OF EACH FRANKLIN TEMPLETON FUND </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">LISTED IN <span style="text-decoration:underline">SCHEDULE A</span> </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;">Each Fund is adopting changes to its name and certain investment policies as described below. The adoption of these changes does not reflect a change in the investment objective or investment focus of the Funds, or the principal risks of investing in the Funds. More detail about these and related changes to each Fund’s summary prospectus, prospectus and SAI are described below. </div>
<table cellpadding="0" cellspacing="0" id="table744383" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">1)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective January 15, 2027, Templeton World Fund’s name will be changed to “Templeton Global Leaders Fund.” Therefore, all references in the summary prospectus, prospectus and SAI to “Templeton World Fund” will be replaced with “Templeton Global Leaders Fund” on that date. </div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" id="table181064" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">2)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, Templeton Growth Fund, Inc.’s name will be changed to “Templeton Global Equity Fund, Inc.” Therefore, all references in the summary prospectus, prospectus and SAI to “Templeton Growth Fund, Inc.” and “Templeton Growth Fund” will be replaced with “Templeton Global Equity Fund, Inc.” on that date. </div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" id="table635708" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">3)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, the following is added to the Templeton Growth Fund, Inc.’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal circumstances, the Fund invests at least 80% of its net assets in the equity securities of companies located anywhere in the world, including developing markets. </div>
<table cellpadding="0" cellspacing="0" id="table523591" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">4)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective January 15, 2027, the following is added to the Templeton World Fund’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:10pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal market conditions the Fund expects to invest in foreign securities (including emerging markets securities) in an amount equal to at least the lesser of: (a) 40% of its net assets; or (b) the percentage of foreign issuers represented in the MSCI All Country World Index‑NR minus 5%. </div>
<table cellpadding="0" cellspacing="0" id="table809665" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">5)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective December 31, 2026, the following is added to Templeton Growth Fund, Inc.’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal market conditions the Fund expects to invest in foreign securities (including emerging markets securities) in an amount equal to at least the lesser of: (a) 40% of its net assets; or (b) the percentage of foreign issuers represented in the MSCI All Country World Index‑NR minus 5%. </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">SCHEDULE A </span></div>
<table cellpadding="0" cellspacing="0" id="table136218" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: bottom;"> <span style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:table-cell;font-size:10pt;font-family:arial;font-weight:bold">Fund</span></td>
<td style="vertical-align:bottom;"> </td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Date of Summary</div> <div style="margin-top:0pt;margin-bottom:1pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Prospectus, Prospectus<br/>and SAI</div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" class="tableHighlight" id="table449578" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt;background-color:#cceeff">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">TEMPLETON FUNDS</span></div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; width: 34%;"></td> </tr> </table>
<table cellpadding="0" cellspacing="0" class="tableHighlight" id="table677542" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; width: 64%;"></td>
<td colspan="2" style="height: 1.5pt; width: 234%;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;">Templeton World Fund</div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; text-align: center; width: 34%;">January 1, 2026</td> </tr> </table>
<table cellpadding="0" cellspacing="0" class="tableHighlight" id="table224468" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="font-size:1pt">
<td style="height: 6pt; width: 64%;"></td>
<td colspan="2" style="height: 6pt; width: 234%;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt;background-color:#cceeff">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">TEMPLETON GROWTH FUND, INC</span>.</div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; width: 34%;"></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; width: 64%;"></td>
<td colspan="2" style="height: 1.5pt; width: 234%;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;">Templeton Growth Fund, Inc.</div> </td>
<td style="vertical-align: bottom; width: 2%;"> </td>
<td style="vertical-align: bottom; text-align: center; width: 34%;">January 1, 2026</td> </tr> </table>
<div style="margin-top:12pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">SUPPLEMENT DATED OCTOBER 21, 2026 </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">TO THE SUMMARY PROSPECTUSES, PROSPECTUSES </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">AND STATEMENTS OF ADDITIONAL INFORMATION (SAI) </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">OF EACH FRANKLIN TEMPLETON FUND </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:11pt;font-family:arial;font-weight:bold;">LISTED IN <span style="text-decoration:underline">SCHEDULE A</span> </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;">Each Fund is adopting changes to its name and certain investment policies as described below. The adoption of these changes does not reflect a change in the investment objective or investment focus of the Funds, or the principal risks of investing in the Funds. More detail about these and related changes to each Fund’s summary prospectus, prospectus and SAI are described below. </div>
<table cellpadding="0" cellspacing="0" id="table744383" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">1)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective January 15, 2027, Templeton World Fund’s name will be changed to “Templeton Global Leaders Fund.” Therefore, all references in the summary prospectus, prospectus and SAI to “Templeton World Fund” will be replaced with “Templeton Global Leaders Fund” on that date. </div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" id="table523591" style="border-collapse: collapse; font-family: arial; font-size: 10pt; border-spacing: 0px; width: 100%; outline: none; outline-offset: 0px;">
<tr style="page-break-inside:avoid">
<td style="width: 4%; vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"><span style="font-weight:bold">4)</span></td>
<td style="vertical-align: top; text-align: left; padding-top: 0px; padding-bottom: 0px;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:left;">Effective January 15, 2027, the following is added to the Templeton World Fund’s principal investment strategies in the Fund’s Summary Prospectus and Prospectus: </div> </td> </tr> </table><div style="margin-top:10pt;margin-bottom:0pt;margin-left:4%;font-size:10pt;font-family:arial;">Under normal market conditions the Fund expects to invest in foreign securities (including emerging markets securities) in an amount equal to at least the lesser of: (a) 40% of its net assets; or (b) the percentage of foreign issuers represented in the MSCI All Country World Index‑NR minus 5%. </div><div style="margin-top:12pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">SCHEDULE A </span></div>
<table cellpadding="0" cellspacing="0" id="table136218" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="width: 34%; padding-top: 0px; padding-bottom: 0px;"></td> </tr>
<tr style="page-break-inside:avoid;font-family:arial;font-size:10pt">
<td style="vertical-align: bottom;"> <span style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:table-cell;font-size:10pt;font-family:arial;font-weight:bold">Fund</span></td>
<td style="vertical-align:bottom;"> </td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Date of Summary</div> <div style="margin-top:0pt;margin-bottom:1pt;font-size:10pt;font-family:arial;font-weight:bold;text-align:center;">Prospectus, Prospectus<br/>and SAI</div> </td> </tr> </table>
<table cellpadding="0" cellspacing="0" class="tableHighlight" id="table449578" style="border-collapse: collapse; font-family: arial; font-size: 10pt; width: 100%; border-spacing: 0px; margin-right: auto; margin-left: auto; table-layout: fixed; outline: none; outline-offset: 0px;">
<tr>
<td style="width: 64%; padding-top: 0px; padding-bottom: 0px;"></td>
<td style="vertical-align: bottom; width: 2%; padding-top: 0px; padding-bottom: 0px;"></td>
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<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;font-weight:bold;"><span style="text-decoration:underline">TEMPLETON FUNDS</span></div> </td>
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<td style="vertical-align: top; width: 64%;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:10pt;font-family:arial;">Templeton World Fund</div> </td>
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<td style="vertical-align: bottom; text-align: center; width: 34%;">January 1, 2026</td> </tr> </table>
TEMPLETON FUNDS
2026-01-01