<span item_type="fundamental" item_id="0070a13408d2de307769d1580dd1fcbb" counter_id="ETF/US/FGDL" env="prod"></span><span item_type="announcement" item_id="582413957475992321" env="prod"></span><p>Revenue: As of FY2026 Q2, the actual value is USD 41.58 M.</p><p>EBIT: As of FY2026 Q2, the actual value is USD 41.48 M.</p><p></p><h3>Segment Revenue</h3><ul><li>For the three months ended September 30, 2025, 2,200,000 shares were issued in exchange for 29,318.609 ounces of gold, with no shares redeemed. The Fund’s NAV per share increased from $43.82 to $50.97, reflecting a 16.32% increase, directly related to a 16.36% increase in the price of gold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net realized and change in unrealized gain on investment in gold for the three months ended September 30, 2025, was approximately $41,577,533, including a realized gain of $21,629 on the sale of gold to pay the Sponsor Fee, and net change in unrealized appreciation on investment in gold of approximately $41,555,904.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li><li>Net increase in net assets resulting from operations was approximately $41,479,994 for the three months ended September 30, 2025, which consisted of the net realized and change in unrealized gain on investment in gold of $41,577,533, offset by the Sponsor Fee of $97,539.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>The Fund had no cash balances at September 30, 2025, as the Administrator sells the Fund’s gold as necessary to pay the Fund’s expenses not otherwise assumed by the Sponsor.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The Fund’s NAV increased slightly less than the price of gold on a percentage basis due to the Sponsor’s fee, which was $97,539 for the period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The Fund aims to reflect the performance of the price of gold bullion, less expenses. It continues to issue shares in exchange for gold, maintaining a focus on responsibly sourced gold, defined as London Good Delivery gold bullion bars refined on or after January 1, 2012.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li><li><strong>Non-Core Business</strong>: There are no current plans for divestitures or emerging segments as the Fund’s sole business activity remains the investment in gold bullion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1858258/000114036125041929/ef20054992_10q.htm"></span></li></ul>

Franklin Responsibly Sourced Gold ETF | 10-Q: FY2026 Q2 Revenue: USD 41.58 M