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SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Resources, Inc. (Franklin Templeton) (NYSE:BEN) today announced preliminary month-end assets under management (AUM) of $1.379.8 billion. as of June 30, 2022, compared to $1,445.9 billion as of May 31, 2022. The decline in assets under management this month mainly reflects the negative impact of the markets and long-term net outflows.

For the three months ended June 30, 2022, assets under management reflect the negative impact of the markets and long-term net outflows of $19.8 billion, partially offset by the acquisition of Lexington Partners.

By asset class:

(In billion USD)

Preliminary

30 June 22

31-May-22

31-mar-22

31-Dec-21

June 30, 21

Fixed income securities1

$536.3

$559.3

$595.0

$642.1

$658.1

Equity

424.9

462.6

515.4

563.4

536.9

Alternative

224.8

220.2

157.9

154.3

140.8

Multi-assets

136.2

145.4

151.9

154.0

153.0

Long term:

1,322.2

1,387.5

1,420.2

1,513.8

1,488.8

Finance management

57.6

58.4

57.3

64.3

63.3

Total

$1,379.8

$1,445.9

$1,477.5

$1,578.1

$1,552.1

1The remaining assets under management of our closed credit funds in India amounted to $172 million as of June 30, 2022.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in more than 155 countries. Franklin Templeton’s mission is to help clients achieve better results through expertise in investment management, wealth management and technology solutions. Through its specialist investment managers, the firm offers boutique specialization globally, bringing broad capabilities in fixed income, equities, alternatives and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based firm has 75 years of investment experience. The company posts information that may be important to investors in the Investor Relations and News Center sections of its website, and encourages investors to check these sections regularly. For more information, visit investor.franklinresources.com.

Forward-looking statements

The financial results contained in this press release are preliminary. Some of the statements contained herein may include forward-looking statements that reflect our current beliefs regarding future events, financial performance and market conditions. These statements are provided under the “safe harbor” protection of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts and that can generally be identified by words or phrases written in the future and/or preceded by words such as “anticipate”, “believe”, “could”, “depend”, “estimate”, “expect”, “have the intent to”, “probable”, “may”, “plan”, “potential”, “preliminary”, “seek”, “should”, “shall”, “would” or other similar words or variations thereof, or their negative, but these terms are not the exclusive means of identifying such statements.

Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that may cause actual results and results to differ materially from any future results or results expressed or implied by such forward-looking statements. including pandemic-related risks, market and volatility risks, investment performance and reputation risks, global operational risks, competition and distribution risks, third-party risks, technology and security, human capital risks, cash management risks and legal and regulatory risks. Although forward-looking statements are our best prediction at the time they are made, you should not rely on them and you are cautioned not to do so. Forward-looking statements are based on our current expectations and assumptions about our business, the economy and other possible future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. They are neither statements of historical fact nor guarantees or assurances of future performance. Factors or events that could cause our actual results to differ may arise from time to time and it is impossible for us to predict all of them.

These and other important risks, uncertainties and other factors are described in more detail in our recent filings with the United States Securities and Exchange Commission, including, without limitation, in Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended September 30, 2021 and our subsequent Quarterly Reports on Form 10-Q. If any circumstance arises after the date of this press release that renders any of our forward-looking statements inaccurate, whether as a result of new information, future developments or otherwise, we undertake no obligation to publicly announce the change in our expectations, or to revise our forward-looking statements, to reflect any change in assumptions, beliefs or expectations, or any change in events, conditions or circumstances on which any forward-looking statement is based , unless required by law.

Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, [email protected]

Media Relations: Matt Walsh (650) 312-2245, [email protected]

investors.franklinresources.com

Source: Franklin Resources, Inc.