On April 11, 2022, the Board of Directors of Franklin Resources, Inc. appointed Mr. Matthew Nicholls, currently Executive Vice President and Chief Financial Officer of the Company, to the additional role of Chief Operating Officer of the Company, effective April 15, 2022. Mr. Nicholls will expand his responsibilities to include technology, operations, and human resources. Since joining the firm in 2019, Mr. Nicholls has worked in close partnership with all these groups to drive changes designed to improve operational capabilities across the firm.