The global asset manager will seek approval at the fund's General Shareholders Meeting scheduled for 26-27 February 2026.

Shareholders will vote on appointing Franklin Templeton International Services as sole director and alternative investment fund manager for four years from 1 April 2026 to 1 April 2030. They will also consider the commercial terms of the new Management Agreement, with details available on the fund's website.

Over 15 years under Franklin Templeton's management, Fondul Proprietatea has advocated for improved corporate governance and transparency within state-owned companies. The fund has contributed to attracting approximately $1.5 billion in new foreign portfolio investments into Romania and completed around 50 transactions worth approximately $4.3 billion, including the landmark Hidroelectrica listing.

"Franklin Templeton is in the best position to continue to create value for all its shareholders, building on the implementation of a well proven strategy to increase the value of portfolio companies," stated Daniel Naftali, Portfolio Manager of Fondul Proprietatea.

Since inception to 31 December 2025, Franklin Templeton's strategy delivered a total shareholder return of 1,340% for the fund's shares and 495% for the Net Asset Value in RON. Over RON 29.2 billion ($7.1 billion) were returned to shareholders through dividends, capital returns, and share buyback programmes.