Franklin BSP Real Estate Debt, Inc.

Item 1C disclosure for a financial services entity relying on Franklin Templeton for IT operations. The filing explicitly states that as of December 31, 2025, there have been no known instances of material cybersecurity incidents. The entity describes its reliance on the Adviser's robust cybersecurity program, including incident response plans, employee training, and third-party vendor diligence, but reports no actual breach occurred.