FRANKLIN RESOURCES, INC. (NYSE:BEN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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FRANKLIN RESOURCES, INC. (NYSE:BEN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

FRANKLIN RESOURCES, INC. (NYSE:BEN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c)On April2, 2019, the Board of Directors of Franklin Resources, Inc. (the “Company”) appointed Gwen L. Shaneyfelt as Chief Accounting Officer of the Company. Ms.Shaneyfelt, 56 years of age, joined the Franklin Templeton organization in December 2004. Ms.Shaneyfelt has been an officer or director of certain subsidiaries of the Company for more than the past five years. In connection with Ms.Shaneyfelt’s appointment, on April2, 2019, the Compensation Committee of the Board of Directors of the Company approved a restricted stock award under the Company’s 2002 Universal Stock Incentive Plan, as amended, valued at $450,000. The award is subject to service-based vesting over three years.

About FRANKLIN RESOURCES, INC. (NYSE:BEN)

Franklin Resources, Inc. is a holding company. The Company, along with its subsidiaries, operates as Franklin Templeton Investments. It is a global investment management company that provides investment management and related services to retail, institutional and high net-worth clients in jurisdictions around the world. The Company offers its investment products and services under the Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2 and LibertyShares brand names. Its products include investment funds and institutional, high net-worth and separately managed accounts (collectively, sponsored investment products (SIPs)). It offers various types of SIPs, such as the United States funds, cross-border funds, local/regional funds, and other managed accounts, alternative investment products and trusts. Its investment funds include the United States-registered funds, non-United States-registered funds and unregistered funds.