Franklin Resources Inc. Disposes of Clarion Partners Real Estate Income Fund Inc. Shares

On October 15, 2025, Franklin Resources Inc. disposed of 1,614,310.646 shares of Clarion Partners Real Estate Income Fund Inc. common stock at a price of $11.46 per share. This transaction reduced Franklin Resources Inc.'s total holdings in Clarion Partners Real Estate Income Fund Inc. to 11,796,668.951 shares across four share classes. Franklin Resources Inc. is an affiliate of an investment adviser and holds a significant ownership stake in Clarion Partners Real Estate Income Fund Inc. The filing also includes a Limited Power of Attorney for Section 13 and 16 reporting obligations, appointing several individuals to act on behalf of Franklin Resources Inc. in matters related to SEC filings.