Net Zero Asset Managers Initiative

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T. Rowe Price Joins Net Zero Asset Managers Initiative

T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today announced it has joined the Net Zero Asset Managers initiative (NZAMI) to support the goal of net zero greenhouse gas emissions by
2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius. In joining
NZAMI, the firm is fortifying its commitment to providing investment products for clients with net zero ambitions.

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