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Preliminary Proxy Statement
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Templeton Global Income Fund
300 S.E. 2nd Street
Fort Lauderdale, FL 33301
franklintempleton.com
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“FOR” The Fund’s Nominated Incumbent Trustees
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“AGAINST” Saba’s Proposal to Terminate the Investment Management Agreement with the Fund’s Investment Manager, Franklin Advisers, Inc.
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The Fund’s Nominees are FOCUSED SOLELY ON THE INTERESTS OF ALL SHAREHOLDERS by overseeing the Fund in meeting its investment objective, outperforming its index, and providing consistent distributions.
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YOUR BOARD HAS ADDRESSED THE MARKET PRICE DISCOUNT TO NAV by adopting a managed distribution plan, increasing the managed distribution rate to 8%, providing liquidity with a 70% tender offer at 99% of NAV, and authorizing open market
share repurchases.
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THE FUND’S NOMINEES ARE THE MOST QUALIFIED, with significant financial expertise and professional affiliations, proven track records after many years on your Board, and deep familiarity with your Fund
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Some of them HAVE NO CLOSED-END FUND EXPERIENCE AT ALL.
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If Saba takes control of your Fund’s Board, Saba could fire your Fund’s investment adviser, hire themselves to manage your Fund, and invest in speculative, high-risk securities – BUT SABA REFUSES TO TELL SHAREHOLDERS ITS PLANS FOR THE
FUND.
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Despite being the Fund’s largest shareholder and already having four of its nominees on your Board, SABA HAS REPEATEDLY REFUSED TO MEET WITH MANAGEMENT to discuss what is best for Fund shareholders.
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