# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001099263-26-002572
**Filing Date:** 2026-2
**Character Count:** 47083
**Document Hash:** aaa812f696345f01c8b7d56c55e12033
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-002572.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001099263-26-002572

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23494
- **FILM NUMBER:** 26686617

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Equity Income ETF (Series ID: S000067976)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000217972 | T. Rowe Price Equity Income ETF | TEQI            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** T. Rowe Price Exchange-Traded Funds, Inc.

- **b. Investment Company Act file number:** 811-23494

- **c. CIK number of Registrant:** 0001795351

- **d. LEI of Registrant:** 549300XZPUK24E1UMH17

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** T. Rowe Price Equity Income ETF

- **b. EDGAR series identifier (if any):** S000067976

- **c. LEI of Series:** 549300491KLLU051IS08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $373975479.92

**Total Liabilities:** $5876570.27

**Net Assets:** $368098909.65

**Assets Attributable to Miscellaneous Securities:** $254981.65

**Cash Not Reported:** $58318.43

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000217972 | -0.82%               | 2.28%                | 1.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1597690.71              | $-4518384.84                               |
| Month 2  | $1793695.39              | $5369754.56                                |
| Month 3  | $1694422.62              | $4434829.25                                |

### Schedule of Portfolio Investments

| Name                              | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 3M CO                             | 3M CO COMMON STOCK USD.01                                  | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      5014 | NS      | $802741.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC CL A                | ACCENTURE PLC CL A COMMON STOCK USD.0000225                | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      9533 | NS      | $2557703.90   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES            | ADVANCED MICRO DEVICES COMMON STOCK USD.01                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     11953 | NS      | $2559854.48   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORP                         | AGCO CORP COMMON STOCK USD.01                              | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     14973 | NS      | $1561983.36   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORP               | ALLIANT ENERGY CORP COMMON STOCK USD.01                    | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     40900 | NS      | $2658909.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                     | ALLSTATE CORP COMMON STOCK USD.01                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     13561 | NS      | $2822722.15   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL A                 | ALPHABET INC CL A COMMON STOCK USD.001                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     23259 | NS      | $7280067.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C                 | ALPHABET INC CL C COMMON STOCK USD.001                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     17959 | NS      | $5635534.20   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                    | AMAZON.COM INC COMMON STOCK USD.01                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     24195 | NS      | $5584689.90   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                | AMEREN CORPORATION COMMON STOCK USD.01                     | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     36228 | NS      | $3617728.08   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP      | AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     58071 | NS      | $4967974.05   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC      | APOLLO GLOBAL MANAGEMENT INC COMMON STOCK USD.0001         | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      6825 | NS      | $987987.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC             | APPLIED MATERIALS INC COMMON STOCK USD.01                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     13423 | NS      | $3449576.77   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC-SPONS ADR         | ASTRAZENECA PLC SPONS ADR ADR                              | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     30826 | NS      | $2833834.18   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| AVERY DENNISON CORP               | AVERY DENNISON CORP COMMON STOCK USD1.0                    | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      4186 | NS      | $761349.68    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP              | BANK OF AMERICA CORP COMMON STOCK USD.01                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    113547 | NS      | $6245085.00   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BECTON DICKINSON AND CO           | BECTON DICKINSON AND CO COMMON STOCK USD1.0                | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     28716 | NS      | $5572914.12   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC                        | BIOGEN INC COMMON STOCK USD.0005                           | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      6543 | NS      | $1151502.57   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                     | BOEING CO/THE COMMON STOCK USD5.0                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     31426 | NS      | $6823213.12   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO           | BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1                 | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     33732 | NS      | $1819504.08   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP        | CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      2604 | NS      | $631105.44    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC               | CARDINAL HEALTH INC COMMON STOCK                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1033 | NS      | $212281.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS INC        | CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01             | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     48706 | NS      | $3766922.04   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                      | CHEVRON CORP COMMON STOCK USD.75                           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18752 | NS      | $2857992.32   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                         | CHUBB LTD COMMON STOCK                                     | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     17013 | NS      | $5310097.56   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                     | CITIGROUP INC COMMON STOCK USD.01                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     66035 | NS      | $7705624.15   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO              | COLGATE PALMOLIVE CO COMMON STOCK USD1.0                   | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     64250 | NS      | $5077035.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP-CLASS A              | COMCAST CORP CLASS A COMMON STOCK USD.01                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     54408 | NS      | $1626255.12   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS INC                | CONAGRA BRANDS INC COMMON STOCK USD5.0                     | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     42975 | NS      | $743897.25    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                    | CONOCOPHILLIPS COMMON STOCK USD.01                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     52453 | NS      | $4910125.33   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC          | COREBRIDGE FINANCIAL INC COMMON STOCK USD.01               | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     36022 | NS      | $1086783.74   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                          | CSX CORP COMMON STOCK USD1.0                               | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    108470 | NS      | $3932037.50   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                         | CUBESMART REIT USD.01                                      | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7073 | NS      | $254981.65    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                       | CUMMINS INC COMMON STOCK USD2.5                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1798 | NS      | $917789.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                   | CVS HEALTH CORP COMMON STOCK USD.01                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     63311 | NS      | $5024360.96   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORP               | DOLLAR GENERAL CORP COMMON STOCK USD.875                   | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |       672 | NS      | $89221.44     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINION ENERGY INC               | DOMINION ENERGY INC COMMON STOCK                           | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |      8871 | NS      | $519751.89    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DOVER CORP                        | DOVER CORP COMMON STOCK USD1.0                             | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      6557 | NS      | $1280188.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC               | ELEVANCE HEALTH INC COMMON STOCK USD.01                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     16581 | NS      | $5812469.55   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES INC                 | EOG RESOURCES INC COMMON STOCK USD.01                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     15953 | NS      | $1675224.53   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                          | EQT CORP COMMON STOCK                                      | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     20410 | NS      | $1093976.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC            | EQUITABLE HOLDINGS INC COMMON STOCK USD.01                 | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     97427 | NS      | $4642396.55   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL                | EQUITY RESIDENTIAL REIT USD.01                             | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     75492 | NS      | $4759015.68   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPAND ENERGY CORP                | EXPAND ENERGY CORP COMMON STOCK USD.01                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     24235 | NS      | $2674574.60   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | EXXON MOBIL CORP COMMON STOCK                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     36673 | NS      | $4413228.82   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP               | FIFTH THIRD BANCORP COMMON STOCK                           | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     89467 | NS      | $4187950.27   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                        | FISERV INC COMMON STOCK USD.01                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     18121 | NS      | $1217187.57   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIVE CORP                      | FORTIVE CORP COMMON STOCK USD.01                           | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     56287 | NS      | $3107605.27   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                      | GENERAL ELECTRIC COMMON STOCK USD.01                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     15023 | NS      | $4627534.69   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO                 | GENERAL MOTORS CO COMMON STOCK USD.01                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      4054 | NS      | $329671.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC               | GLOBAL PAYMENTS INC COMMON STOCK                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      6173 | NS      | $477790.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/T    | HARTFORD INSURANCE GROUP INC COMMON STOCK USD.01           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     14337 | NS      | $1975638.60   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                    | HOME DEPOT INC COMMON STOCK USD.05                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      9754 | NS      | $3356351.40   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                        | HUMANA INC COMMON STOCK USD.1666666                        | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1930 | NS      | $494330.90    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC         | HUNTINGTON BANCSHARES INC COMMON STOCK USD.01              | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    220334 | NS      | $3822794.90   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                        | INTEL CORP COMMON STOCK USD.001                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     56983 | NS      | $2102672.70   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO            | INTERNATIONAL PAPER CO COMMON STOCK USD1.0                 | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    113136 | NS      | $4456427.04   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                 | JOHNSON + JOHNSON COMMON STOCK USD1.0                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      8399 | NS      | $1738173.05   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN CHASE & CO.           | JPMORGAN CHASE + CO COMMON STOCK USD1.0                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     22729 | NS      | $7323738.38   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                        | KENVUE INC COMMON STOCK USD.01                             | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    158948 | NS      | $2741853.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC              | KEURIG DR PEPPER INC COMMON STOCK USD.01                   | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     11822 | NS      | $331134.22    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORP               | KIMBERLY CLARK CORP COMMON STOCK USD1.25                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     29866 | NS      | $3013180.74   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN INC                 | KINDER MORGAN INC COMMON STOCK USD.01                      | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      8127 | NS      | $223411.23    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC         | L3HARRIS TECHNOLOGIES INC COMMON STOCK USD1.0              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     19512 | NS      | $5728137.84   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS CORP              | LAS VEGAS SANDS CORP COMMON STOCK USD.001                  | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     72464 | NS      | $4716681.76   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LOEWS CORP                        | LOEWS CORP COMMON STOCK USD.01                             | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     44023 | NS      | $4636062.13   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MATTEL INC                        | MATTEL INC COMMON STOCK USD1.0                             | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     74389 | NS      | $1475877.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                     | MEDTRONIC PLC COMMON STOCK USD.1                           | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     32559 | NS      | $3127617.54   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO. INC.                  | MERCK + CO. INC. COMMON STOCK USD.5                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     33227 | NS      | $3497474.02   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A        | META PLATFORMS INC CLASS A COMMON STOCK USD.000006         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3263 | NS      | $2153873.67   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                       | METLIFE INC COMMON STOCK USD.01                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     98111 | NS      | $7744882.34   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | MICROSOFT CORP COMMON STOCK USD.00000625                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      8071 | NS      | $3903297.02   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDDLEBY CORP                     | MIDDLEBY CORP COMMON STOCK USD.01                          | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |      6663 | NS      | $990588.21    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                    | MORGAN STANLEY COMMON STOCK USD.01                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3983 | NS      | $707101.99    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWS CORP NEW CLASS A             | NEWS CORP   CLASS A COMMON STOCK USD.01                    | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |    113864 | NS      | $2974127.68   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                | NEXTERA ENERGY INC COMMON STOCK USD.01                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     38704 | NS      | $3107157.12   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP             | NORFOLK SOUTHERN CORP COMMON STOCK USD1.0                  | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      2613 | NS      | $754425.36    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO-NORDISK A/S-SPONS ADR        | NOVO NORDISK A/S SPONS ADR ADR                             | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      2200 | NS      | $111936.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP SEMICONDUCTORS NV             | NXP SEMICONDUCTORS NV COMMON STOCK EUR.2                   | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     25300 | NS      | $5491618.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| P G & E CORP                      | P G + E CORP COMMON STOCK                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |      5840 | NS      | $93848.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL       | PHILIP MORRIS INTERNATIONAL COMMON STOCK                   | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     28229 | NS      | $4527931.60   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                       | PHILLIPS 66 COMMON STOCK                                   | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      4639 | NS      | $598616.56    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| POTLATCHDELTIC CORP               | POTLATCHDELTIC CORP REIT USD1.0                            | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     12007 | NS      | $477638.46    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE           | PROCTER + GAMBLE CO/THE COMMON STOCK                       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     30932 | NS      | $4432864.92   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                      | QUALCOMM INC COMMON STOCK USD.0001                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     45789 | NS      | $7832208.45   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RALLIANT CORP                     | RALLIANT CORP COMMON STOCK USD.01                          | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |     31343 | NS      | $1595672.13   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYONIER INC                      | RAYONIER INC REIT                                          | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     82931 | NS      | $1795456.15   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY IN      | REXFORD INDUSTRIAL REALTY IN REIT USD.01                   | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     55600 | NS      | $2152832.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION INC           | ROCKWELL AUTOMATION INC COMMON STOCK USD1.0                | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      7086 | NS      | $2756950.02   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                               | S+P500 EMINI FUT  MAR26 XCME 20260320                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |         3 | NC      | $1963.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                    | SALESFORCE INC COMMON STOCK USD.001                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     17322 | NS      | $4588771.02   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI ADR                        | SANOFI ADR ADR                                             | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     47740 | NS      | $2313480.40   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP             | SCHWAB (CHARLES) CORP COMMON STOCK USD.01                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     71278 | NS      | $7121384.98   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                            | SEMPRA COMMON STOCK                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     38128 | NS      | $3366321.12   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB LTD                           | SLB LTD COMMON STOCK USD.01                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     52383 | NS      | $2010459.54   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH BOW CORP                    | SOUTH BOW CORP COMMON STOCK NPV                            | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |     40276 | NS      | $1106381.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| SOUTHERN CO CVT 7.125000  A       | SOUTHERN CO PREFERRED STOCK 12/28 7.125                    | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |     18374 | NS      | $925314.64    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| SOUTHERN CO/THE                   | SOUTHERN CO/THE COMMON STOCK USD5.0                        | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     83815 | NS      | $7308668.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO             | SOUTHWEST AIRLINES CO COMMON STOCK USD1.0                  | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    109658 | NS      | $4532165.14   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| STANLEY BLACK & DECKER INC        | STANLEY BLACK + DECKER INC COMMON STOCK USD2.5             | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     63800 | NS      | $4739064.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                 | STATE STREET CORP COMMON STOCK USD1.0                      | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     16472 | NS      | $2125052.72   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET INS US GO MM FD-IS   | STATE STREET INSTITUTIONAL US STATE ST INST US GOV MM PREM | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   2160656 | NS      | $2160656.28   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC               | SUN COMMUNITIES INC REIT USD.01                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      4666 | NS      | $578164.06    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                   | T MOBILE US INC COMMON STOCK USD.0001                      | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      6607 | NS      | $1341485.28   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TC ENERGY CORP                    | TC ENERGY CORP COMMON STOCK                                | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     28560 | NS      | $1571085.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| TE CONNECTIVITY PLC               | TE CONNECTIVITY PLC COMMON STOCK USD.01                    | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      1886 | NS      | $429083.86    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEDYNE TECHNOLOGIES INC         | TELEDYNE TECHNOLOGIES INC COMMON STOCK USD.01              | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |       382 | NS      | $195098.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC             | TEXAS INSTRUMENTS INC COMMON STOCK USD1.0                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     18977 | NS      | $3292319.73   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP/THE                   | THE CIGNA GROUP COMMON STOCK USD.01                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     11730 | NS      | $3228447.90   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC      | THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      3628 | NS      | $2102244.60   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES SE                  | TOTALENERGIES SE COMMON STOCK EUR2.5                       | CUSIP: F92124100<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     95583 | NS      | $6253039.86   | 1.70%             |  |  |  | No            |                  1 | On Loan: —       |
| GRS - SECURITY LENDING COLLATERAL | TREASURY RESERVE FUND - Collateral                         | CUSIP: 76105YYY9<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | STIV             | RF                | US        |   5701600 | NS      | $5701599.75   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC-CL A              | TYSON FOODS INC CL A COMMON STOCK USD.1                    | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     49011 | NS      | $2873024.82   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                | UNION PACIFIC CORP COMMON STOCK USD2.5                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     10353 | NS      | $2394855.96   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE-CL B        | UNITED PARCEL SERVICE CL B COMMON STOCK USD.01             | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     32890 | NS      | $3262359.10   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC            | UNITEDHEALTH GROUP INC COMMON STOCK USD.01                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      8823 | NS      | $2912560.53   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                        | US BANCORP COMMON STOCK USD.01                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     92330 | NS      | $4926728.80   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                       | VIATRIS INC COMMON STOCK                                   | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    285416 | NS      | $3553429.20   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                       | WALMART INC COMMON STOCK USD.1                             | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     18690 | NS      | $2082252.90   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE                | WALT DISNEY CO/THE COMMON STOCK USD.01                     | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     33162 | NS      | $3772840.74   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                  | WELLS FARGO + CO COMMON STOCK USD1.666                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     51213 | NS      | $4773051.60   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST FRASER TIMBER CO LTD         | WEST FRASER TIMBER CO LTD COMMON STOCK                     | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     28416 | NS      | $1736501.76   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| WEYERHAEUSER CO                   | WEYERHAEUSER CO REIT USD1.25                               | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    114271 | NS      | $2707079.99   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC                  | WILLIAMS COS INC COMMON STOCK USD1.0                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     26174 | NS      | $1573319.14   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                   | XCEL ENERGY INC COMMON STOCK USD2.5                        | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     20183 | NS      | $1490716.38   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC        | ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD.01             | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     52368 | NS      | $4708930.56   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-04

**Name of Applicant:** T. Rowe Price Exchange-Traded Funds, Inc.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President