TEMPLETON DRAGON FUND, INC. (NYSE:TDF) (the "Fund") today announced that Tony Sun, Assistant Portfolio Manager within Templeton Global Investments – Emerging Markets Equity investment team, will be added as a portfolio manager to the Fund's portfolio management team, effective April 30, 2025. Sun will be joining Nicholas Chui and Eric Mok, portfolio managers of the Fund, who will remain members of the portfolio management team.

Based in Hong Kong, Mr. Sun joined Templeton Global Investments – Emerging Markets Equity in 2019. As Assistant Portfolio Manager dedicated to the China Equity portfolios, he has been making recommendations specific to the various China portfolios. Adding him as portfolio manager formalizes the contribution he has been making to the strategy. He also has research responsibilities for China technology and industrials companies. Prior to joining Franklin Templeton, Mr. Sun spent five years as a research analyst covering the tech sector at Fullerton Fund Management. Mr. Sun graduated from Fudan University with a Bachelor of Material Science and International Economy, as well as a Master of Physics Electronics. He had also been an exchange student in Technion in Israel.

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Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.53 trillion in assets under management as of March 31, 2025. For more information, please visit franklintempleton.com.

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Templeton Dragon Fund, Inc. Announces Upcoming Portfolio Management Change