Templeton Emerging Markets Fund, Inc. (“EMF”) Announces Distribution

Templeton Emerging Markets Fund, Inc. (NYSE: EMF) today announced a total distribution of $1.1293, comprised of net investment income of $0.4054 per share, short-term capital gains of $0.3018 per share and long-term capital gains of $0.4221 per share, payable on December 30, 2022, to shareholders of record on December 19, 2022 (Ex-Dividend Date: December 16, 2022).

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and over $1.3 trillion in assets under management as of October 31, 2022. For more information, please visit franklintempleton.com.

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Franklin Templeton at 1-800-342-5236