# EDGAR Filing Document

**Accession Number:** 0000313212
**File Stem:** 0001193125-25-144417
**Filing Date:** 2025-6
**Character Count:** 132852
**Document Hash:** 70b66c2877cc6213471e47f118efabb4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-144417.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001193125-25-144417

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**EFFECTIVENESS DATE**: 20250623

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price International Funds, Inc.
- **CENTRAL INDEX KEY:** 0000313212

**ORGANIZATION NAME:**
- **EIN:** 521175211
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02958
- **FILM NUMBER:** 251063650

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE INTERNATIONAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE INTERNATIONAL TRUST
- **DATE OF NAME CHANGE:** 19900301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE INTERNATIONAL FUND INC
- **DATE OF NAME CHANGE:** 19890914

## Series and Classes Contracts Data

### T. Rowe Price International Stock Fund (Series ID: S000001487)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000004003 | T. Rowe Price International Stock Fund               | PRITX           |
| C000004004 | T. Rowe Price International Stock Fund-Advisor Class | PAITX           |
| C000004005 | T. Rowe Price International Stock Fund-R Class       | RRITX           |
| C000159125 | T. Rowe Price International Stock Fund-I Class       | PRIUX           |
| C000219334 | T. Rowe Price International Stock Fund-Z Class       | TRNZX           |

?xml version='1.0' encoding='ASCII'? International Stock Fund_ISF_F37-052

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

### FORM N-CSR

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

#### MANAGEMENT INVESTMENT COMPANIES
Investment Company Act File Number: 811-02958

T. Rowe Price International Funds, Inc.

(Exact name of registrant as specified in charter)

1307 Point Street, Baltimore, MD 21231

(Address of principal executive offices)

David Oestreicher

1307 Point Street, Baltimore, MD 21231

(Name and address of agent for service)

Registrant's telephone number, including area code: (410) 345-2000

Date of fiscal year end: October 31

Date of reporting period: April 30, 2025

------

#### Item 1. Reports to Shareholders
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Report pursuant to Rule 30e-1

![Image](g97571ie766175acc6bb2a83d9c.jpg)

#### Semi-Annual Shareholder Report

#### April 30, 2025

#### International Stock Fund

#### Investor Class (PRITX)
This semi-annual shareholder report contains important information about International Stock Fund (the "fund") for the period of November 1, 2024 to April 30, 2025. You can find the fund's prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at**www.troweprice.com/prospectus**. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or contacting your intermediary.

# **What were the fund costs for the last six months?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| International Stock Fund - Investor Class | $42 | 0.84% |

---

#### What are some fund statistics?

# Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $13521016 |
| Number of Portfolio Holdings | 128 |

---

---

| | |
|:---|:---|
| Portfolio Turnover Rate | 21.0% |

---

# **What did the fund invest in?** 

# **Sector Allocation** (as a % of Net Assets)

---

| | |
|:---|:---|
| Information Technology | 18.7% |
| Industrials & Business Services | 18.4 |
| Financials | 14.9 |
| Health Care | 14.0 |
| Consumer Discretionary | 11.7 |
| Consumer Staples | 7.7 |
| Communication Services | 4.6 |
| Materials | 2.7 |
| Energy | 2.3 |
| Other | 5.0 |

---

# **Top Ten Holdings** (as a % of Net Assets)

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing | 5.3% |
| SAP | 2.2 |
| MercadoLibre | 2.1 |
| Prosus | 2.0 |
| ASML Holding | 1.9 |
| Essity | 1.8 |
| Constellation Software | 1.8 |
| Canadian National Railway | 1.7 |
| Sony Group | 1.6 |
| Element Fleet Management | 1.6 |

---

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F37-053 6/25

International Stock Fund

Investor Class (PRITX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

![Image](g97571i2b7022e5aa83ed9f122c.jpg)

![Image](g97571ie766175acc6bb2a83d9c.jpg)

#### Semi-Annual Shareholder Report

#### April 30, 2025

#### International Stock Fund

#### Advisor Class (PAITX)
This semi-annual shareholder report contains important information about International Stock Fund (the "fund") for the period of November 1, 2024 to April 30, 2025. You can find the fund's prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at**www.troweprice.com/prospectus**. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or contacting your intermediary.

# **What were the fund costs for the last six months?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| International Stock Fund - Advisor Class | $56 | 1.12% |

---

#### What are some fund statistics?

# Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $13521016 |
| Number of Portfolio Holdings | 128 |

---

---

| | |
|:---|:---|
| Portfolio Turnover Rate | 21.0% |

---

# **What did the fund invest in?** 

# **Sector Allocation** (as a % of Net Assets)

---

| | |
|:---|:---|
| Information Technology | 18.7% |
| Industrials & Business Services | 18.4 |
| Financials | 14.9 |
| Health Care | 14.0 |
| Consumer Discretionary | 11.7 |
| Consumer Staples | 7.7 |
| Communication Services | 4.6 |
| Materials | 2.7 |
| Energy | 2.3 |
| Other | 5.0 |

---

# **Top Ten Holdings** (as a % of Net Assets)

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing | 5.3% |
| SAP | 2.2 |
| MercadoLibre | 2.1 |
| Prosus | 2.0 |
| ASML Holding | 1.9 |
| Essity | 1.8 |
| Constellation Software | 1.8 |
| Canadian National Railway | 1.7 |
| Sony Group | 1.6 |
| Element Fleet Management | 1.6 |

---

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F237-053 6/25

International Stock Fund

Advisor Class (PAITX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

![Image](g97571i2b7022e5aa83ed9f122c.jpg)

![Image](g97571ie766175acc6bb2a83d9c.jpg)

#### Semi-Annual Shareholder Report

#### April 30, 2025

#### International Stock Fund

#### R Class (RRITX)
This semi-annual shareholder report contains important information about International Stock Fund (the "fund") for the period of November 1, 2024 to April 30, 2025. You can find the fund's prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at**www.troweprice.com/prospectus**. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or contacting your intermediary.

# **What were the fund costs for the last six months?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| International Stock Fund - R Class | $71 | 1.40% |

---

#### What are some fund statistics?

# Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $13521016 |
| Number of Portfolio Holdings | 128 |

---

---

| | |
|:---|:---|
| Portfolio Turnover Rate | 21.0% |

---

# **What did the fund invest in?** 

# **Sector Allocation** (as a % of Net Assets)

---

| | |
|:---|:---|
| Information Technology | 18.7% |
| Industrials & Business Services | 18.4 |
| Financials | 14.9 |
| Health Care | 14.0 |
| Consumer Discretionary | 11.7 |
| Consumer Staples | 7.7 |
| Communication Services | 4.6 |
| Materials | 2.7 |
| Energy | 2.3 |
| Other | 5.0 |

---

# **Top Ten Holdings** (as a % of Net Assets)

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing | 5.3% |
| SAP | 2.2 |
| MercadoLibre | 2.1 |
| Prosus | 2.0 |
| ASML Holding | 1.9 |
| Essity | 1.8 |
| Constellation Software | 1.8 |
| Canadian National Railway | 1.7 |
| Sony Group | 1.6 |
| Element Fleet Management | 1.6 |

---

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F437-053 6/25

International Stock Fund

R Class (RRITX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

![Image](g97571i2b7022e5aa83ed9f122c.jpg)

![Image](g97571ie766175acc6bb2a83d9c.jpg)

#### Semi-Annual Shareholder Report

#### April 30, 2025

#### International Stock Fund

#### I Class (PRIUX)
This semi-annual shareholder report contains important information about International Stock Fund (the "fund") for the period of November 1, 2024 to April 30, 2025. You can find the fund's prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at**www.troweprice.com/prospectus**. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or contacting your intermediary.

# **What were the fund costs for the last six months?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| International Stock Fund - I Class | $34 | 0.68% |

---

#### What are some fund statistics?

# Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $13521016 |
| Number of Portfolio Holdings | 128 |

---

---

| | |
|:---|:---|
| Portfolio Turnover Rate | 21.0% |

---

# **What did the fund invest in?** 

# **Sector Allocation** (as a % of Net Assets)

---

| | |
|:---|:---|
| Information Technology | 18.7% |
| Industrials & Business Services | 18.4 |
| Financials | 14.9 |
| Health Care | 14.0 |
| Consumer Discretionary | 11.7 |
| Consumer Staples | 7.7 |
| Communication Services | 4.6 |
| Materials | 2.7 |
| Energy | 2.3 |
| Other | 5.0 |

---

# **Top Ten Holdings** (as a % of Net Assets)

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing | 5.3% |
| SAP | 2.2 |
| MercadoLibre | 2.1 |
| Prosus | 2.0 |
| ASML Holding | 1.9 |
| Essity | 1.8 |
| Constellation Software | 1.8 |
| Canadian National Railway | 1.7 |
| Sony Group | 1.6 |
| Element Fleet Management | 1.6 |

---

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F537-053 6/25

International Stock Fund

I Class (PRIUX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

![Image](g97571i2b7022e5aa83ed9f122c.jpg)

![Image](g97571ie766175acc6bb2a83d9c.jpg)

#### Semi-Annual Shareholder Report

#### April 30, 2025

#### International Stock Fund

#### Z Class (TRNZX)
This semi-annual shareholder report contains important information about International Stock Fund (the "fund") for the period of November 1, 2024 to April 30, 2025. You can find the fund's prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at**www.troweprice.com/prospectus**. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or contacting your intermediary.

# **What were the fund costs for the last six months?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| International Stock Fund - Z Class | $0 | 0.00% |

---

#### What are some fund statistics?

# Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets (000s) | $13521016 |
| Number of Portfolio Holdings | 128 |

---

---

| | |
|:---|:---|
| Portfolio Turnover Rate | 21.0% |

---

# **What did the fund invest in?** 

# **Sector Allocation** (as a % of Net Assets)

---

| | |
|:---|:---|
| Information Technology | 18.7% |
| Industrials & Business Services | 18.4 |
| Financials | 14.9 |
| Health Care | 14.0 |
| Consumer Discretionary | 11.7 |
| Consumer Staples | 7.7 |
| Communication Services | 4.6 |
| Materials | 2.7 |
| Energy | 2.3 |
| Other | 5.0 |

---

# **Top Ten Holdings** (as a % of Net Assets)

---

| | |
|:---|:---|
| Taiwan Semiconductor Manufacturing | 5.3% |
| SAP | 2.2 |
| MercadoLibre | 2.1 |
| Prosus | 2.0 |
| ASML Holding | 1.9 |
| Essity | 1.8 |
| Constellation Software | 1.8 |
| Canadian National Railway | 1.7 |
| Sony Group | 1.6 |
| Element Fleet Management | 1.6 |

---

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F1257-053 6/25

International Stock Fund

Z Class (TRNZX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

![Image](g97571i2b7022e5aa83ed9f122c.jpg)

------

#### Item 1. (b) Notice pursuant to Rule 30e-3.
Not applicable.

#### Item 2. Code of Ethics.
A code of ethics, as defined in Item 2 of Form N-CSR, applicable to its principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions is filed as an exhibit to the registrant's annual Form N-CSR. No substantive amendments were approved or waivers were granted to this code of ethics during the registrant's most recent fiscal half-year.

#### Item 3. Audit Committee Financial Expert.
Disclosure required in registrant's annual Form N-CSR.

#### Item 4. Principal Accountant Fees and Services.
Disclosure required in registrant's annual Form N-CSR.

#### Item 5. Audit Committee of Listed Registrants.
Not applicable.

#### Item 6. Investments.
(a) Not applicable. The complete schedule of investments is included in Item 7 of this Form N-CSR.

(b) Not applicable.

#### Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
(a – b) Report pursuant to Regulation S-X.

------

Financial

Highlights

Portfolio

of

Investments

Financial

Statements

and

Notes

Additional

Fund

Information

April

30,

2025

#### Financial

#### Statements

#### and

#### Other

#### Information
For

more

insights

from

T. Rowe

Price

investment

professionals,

go

to

#### troweprice.com
.

T. ROWE

PRICE

PRITX

International

Stock

Fund

PAITX

International

Stock

Fund–

.

Advisor Class

RRITX

International

Stock

Fund–

.

R Class

PRIUX

International

Stock

Fund–

.

I Class

TRNZX

International

Stock

Fund–

.

Z Class

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

#### Investor

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### NET

#### ASSET

#### VALUE
Beginning

of

period

$

.43

$

.78

$

.28

$

.00

$

.09

$

.80

Investment

activities

Net

investment

income

(1)(2)

.08

.16

.18

.14

.17

.11

Net

realized

and

unrealized

gain/

loss

.63

.70

.47

(5

.40)

.06

.68

Total

from

investment

activities

.71

.86

.65

(5

.26)

.23

.79

Distributions

Net

investment

income

(0

.14)

(0

.21)

(0

.07)

(0

.17)

(0

.08)

(0

.43)

Net

realized

gain

(0

.08)

—

(0

.08)

(1

.29)

(0

.24)

(0

.07)

Total

distributions

(0

.22)

(0

.21)

(0

.15)

(1

.46)

(0

.32)

(0

.50)

#### NET

#### ASSET

#### VALUE

#### End

#### of

#### period

#### $

#### 20

#### .92

#### $

#### 20

#### .43

#### $

#### 16

#### .78

#### $

#### 15

#### .28

#### $

#### 22

#### .00

#### $

#### 18

#### .09
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Investor

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### Ratios/Supplemental

#### Data

#### Total

#### return

#### (2)(3)

#### 3

#### .54

#### %

#### 23

#### .11

#### %

#### 10

#### .82

#### %

#### (#### 25

#### .36

####)

#### %

#### 23

#### .49

#### %

#### 4

#### .39

#### %
Ratios

to

average

net

assets:

(2) Gross

expenses

before

waivers/

payments

by

Price

Associates

.84

%

(4) 0

.83

%

.83

%

.84

%

.77

%

.79

%

Net

expenses

after

waivers/

payments

by

Price

Associates

.84

%

(4) 0

.83

%

.83

%

.84

%

.77

%

.79

%

Net

investment

income

.83

%

(4) 0

.81

%

.03

%

.77

%

.76

%

.63

%

Portfolio

turnover

rate

.0

%

.0

%

.4

%

.6

%

.6

%

.3

%

Net

assets,

end

of

period

(in

millions)

$1,680

$1,737

$1,559

$1,523

$3,071

$3,582

%

%

%

%

%

%

(1) Per

share

amounts

calculated

using

average

shares

outstanding

method.

(2) Includes

the

impact

of

expense-related

arrangements

with

Price

Associates.

(3) Total

return

reflects

the

rate

that

an

investor

would

have

earned

on

an

investment

in

the

fund

during

each

period,

assuming

reinvestment

of

all

distributions,

and

payment

of

no

redemption

or

account

fees,

if

applicable.

Total

return

is

not

annualized

for

periods

less

than

one

year.

(4) Annualized

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

#### Advisor

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### NET

#### ASSET

#### VALUE
Beginning

of

period

$

.41

$

.77

$

.27

$

.98

$

.07

$

.85

Investment

activities

Net

investment

income

(1)(2)

.06

.11

.14

.11

.11

.04

Net

realized

and

unrealized

gain/

loss

.62

.70

.47

(5

.42)

.06

.67

Total

from

investment

activities

.68

.81

.61

(5

.31)

.17

.71

Distributions

Net

investment

income

(0

.06)

(0

.17)

(0

.03)

(0

.11)

(0

.02)

(0

.42)

Net

realized

gain

(0

.08)

—

(0

.08)

(1

.29)

(0

.24)

(0

.07)

Total

distributions

(0

.14)

(0

.17)

(0

.11)

(1

.40)

(0

.26)

(0

.49)

#### NET

#### ASSET

#### VALUE

#### End

#### of

#### period

#### $

#### 20

#### .95

#### $

#### 20

#### .41

#### $

#### 16

#### .77

#### $

#### 15

#### .27

#### $

#### 21

#### .98

#### $

#### 18

#### .07
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Advisor

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### Ratios/Supplemental

#### Data

#### Total

#### return

#### (2)(3)

#### 3

#### .38

#### %

#### 22

#### .83

#### %

#### 10

#### .57

#### %

#### (#### 25

#### .57

####)

#### %

#### 23

#### .16

#### %

#### 3

#### .92

#### %
Ratios

to

average

net

assets:

(2) Gross

expenses

before

waivers/

payments

by

Price

Associates

.12

%

(4) 1

.10

%

.07

%

.10

%

.07

%

.21

%

Net

expenses

after

waivers/

payments

by

Price

Associates

.12

%

(4) 1

.10

%

.07

%

.10

%

.07

%

.21

%

Net

investment

income

.55

%

(4) 0

.55

%

.80

%

.60

%

.49

%

.25

%

Portfolio

turnover

rate

.0

%

.0

%

.4

%

.6

%

.6

%

.3

%

Net

assets,

end

of

period

(in

thousands)

$12,993

$13,507

$11,901

$12,223

$19,113

$15,512

%

%

%

%

%

%

(1) Per

share

amounts

calculated

using

average

shares

outstanding

method.

(2) Includes

the

impact

of

expense-related

arrangements

with

Price

Associates.

(3) Total

return

reflects

the

rate

that

an

investor

would

have

earned

on

an

investment

in

the

fund

during

each

period,

assuming

reinvestment

of

all

distributions,

and

payment

of

no

redemption

or

account

fees,

if

applicable.

Total

return

is

not

annualized

for

periods

less

than

one

year.

(4) Annualized

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

#### R

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### NET

#### ASSET

#### VALUE
Beginning

of

period

$

.01

$

.45

$

.99

$

.59

$

.80

$

.61

Investment

activities

Net

investment

income

(1)(2)

.03

.07

.07

.05

.04

.02

Net

realized

and

unrealized

gain/

loss

.61

.61

.47

(5

.33)

.99

.65

Total

from

investment

activities

.64

.68

.54

(5

.28)

.03

.67

Distributions

Net

investment

income

—

(0

.12)

—

(0

.03)

—

(0

.41)

Net

realized

gain

(0

.08)

—

(0

.08)

(1

.29)

(0

.24)

(0

.07)

Total

distributions

(0

.08)

(0

.12)

(0

.08)

(1

.32)

(0

.24)

(0

.48)

#### NET

#### ASSET

#### VALUE

#### End

#### of

#### period

#### $

#### 20

#### .57

#### $

#### 20

#### .01

#### $

#### 16

#### .45

#### $

#### 14

#### .99

#### $

#### 21

#### .59

#### $

#### 17

#### .80
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### R

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### Ratios/Supplemental

#### Data

#### Total

#### return

#### (2)(3)

#### 3

#### .23

#### %

#### 22

#### .42

#### %

#### 10

#### .27

#### %

#### (#### 25

#### .82

####)

#### %

#### 22

#### .72

#### %

#### 3

#### .74

#### %
Ratios

to

average

net

assets:

(2) Gross

expenses

before

waivers/

payments

by

Price

Associates

.20

%

(4) 2

.25

%

.40

%

.41

%

.40

%

.45

%

Net

expenses

after

waivers/

payments

by

Price

Associates

.40

%

(4) 1

.40

%

.40

%

.40

%

.40

%

.40

%

Net

investment

income

.29

%

(4) 0

.36

%

.41

%

.31

%

.17

%

.11

%

Portfolio

turnover

rate

.0

%

.0

%

.4

%

.6

%

.6

%

.3

%

Net

assets,

end

of

period

(in

thousands)

$17,805

$17,713

$11,027

$6,672

$9,316

$8,443

%

%

%

%

%

%

(1) Per

share

amounts

calculated

using

average

shares

outstanding

method.

(2) Includes

the

impact

of

expense-related

arrangements

with

Price

Associates.

(3) Total

return

reflects

the

rate

that

an

investor

would

have

earned

on

an

investment

in

the

fund

during

each

period,

assuming

reinvestment

of

all

distributions,

and

payment

of

no

redemption

or

account

fees,

if

applicable.

Total

return

is

not

annualized

for

periods

less

than

one

year.

(4) Annualized

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

#### I

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### NET

#### ASSET

#### VALUE
Beginning

of

period

$

.33

$

.69

$

.27

$

.98

$

.10

$

.80

Investment

activities

Net

investment

income

(1)(2)

.10

.18

.21

.20

.19

.13

Net

realized

and

unrealized

gain/

loss

.62

.69

.48

(5

.43)

.07

.68

Total

from

investment

activities

.72

.87

.69

(5

.23)

.26

.81

Distributions

Net

investment

income

(0

.19)

(0

.23)

(0

.19)

(0

.19)

(0

.14)

(0

.44)

Net

realized

gain

(0

.08)

—

(0

.08)

(1

.29)

(0

.24)

(0

.07)

Total

distributions

(0

.27)

(0

.23)

(0

.27)

(1

.48)

(0

.38)

(0

.51)

#### NET

#### ASSET

#### VALUE

#### End

#### of

#### period

#### $

#### 20

#### .78

#### $

#### 20

#### .33

#### $

#### 16

#### .69

#### $

#### 15

#### .27

#### $

#### 21

#### .98

#### $

#### 18

#### .10
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### I

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

10/31/24

10/31/23

10/31/22

10/31/21

10/31/20

#### Ratios/Supplemental

#### Data

#### Total

#### return

#### (2)(3)

#### 3

#### .59

#### %

#### 23

#### .33

#### %

#### 11

#### .03

#### %

#### (#### 25

#### .26

####)

#### %

#### 23

#### .67

#### %

#### 4

#### .50

#### %
Ratios

to

average

net

assets:

(2) Gross

expenses

before

waivers/

payments

by

Price

Associates

.69

%

(4) 0

.69

%

.68

%

.68

%

.66

%

.66

%

Net

expenses

after

waivers/

payments

by

Price

Associates

.68

%

(4) 0

.68

%

.68

%

.68

%

.66

%

.66

%

Net

investment

income

.98

%

(4) 0

.93

%

.19

%

.15

%

.88

%

.76

%

Portfolio

turnover

rate

.0

%

.0

%

.4

%

.6

%

.6

%

.3

%

Net

assets,

end

of

period

(in

millions)

$2,318

$2,477

$3,309

$2,000

$1,957

$1,687

%

%

%

%

%

%

(1) Per

share

amounts

calculated

using

average

shares

outstanding

method.

(2) Includes

the

impact

of

expense-related

arrangements

with

Price

Associates.

(3) Total

return

reflects

the

rate

that

an

investor

would

have

earned

on

an

investment

in

the

fund

during

each

period,

assuming

reinvestment

of

all

distributions,

and

payment

of

no

redemption

or

account

fees,

if

applicable.

Total

return

is

not

annualized

for

periods

less

than

one

year.

(4) Annualized

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

#### Z

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

3/16/20

(1) Through

10/31/20

10/31/24

10/31/23

10/31/22

10/31/21

#### NET

#### ASSET

#### VALUE
Beginning

of

period

$

.50

$

.81

$

.35

$

.13

$

.17

$

.39

Investment

activities

Net

investment

income

(2)(3)

.17

.33

.33

.31

.35

.18

Net

realized

and

unrealized

gain/

loss

.62

.70

.48

(5

.44)

.07

.60

Total

from

investment

activities

.79

.03

.81

(5

.13)

.42

.78

Distributions

Net

investment

income

(0

.37)

(0

.34)

(0

.27)

(0

.36)

(0

.22)

—

Net

realized

gain

(0

.08)

—

(0

.08)

(1

.29)

(0

.24)

—

Total

distributions

(0

.45)

(0

.34)

(0

.35)

(1

.65)

(0

.46)

—

#### NET

#### ASSET

#### VALUE

#### End

#### of

#### period

#### $

#### 20

#### .84

#### $

#### 20

#### .50

#### $

#### 16

#### .81

#### $

#### 15

#### .35

#### $

#### 22

#### .13

#### $

#### 18

#### .17
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Financial

#### Highlights

For

a

share

outstanding

throughout

each

period

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Z

#### Class

Months

.

Ended

4/30/25

..

Year

..

..

Ended

.

3/16/20

(1) Through

10/31/20

10/31/24

10/31/23

10/31/22

10/31/21

#### Ratios/Supplemental

#### Data

#### Total

#### return

#### (3)(4)

#### 3

#### .97

#### %

#### 24

#### .19

#### %

#### 11

#### .77

#### %

#### (#### 24

#### .77

####)

#### %

#### 24

#### .50

#### %

#### 35

#### .70

#### %
Ratios

to

average

net

assets:

(3) Gross

expenses

before

waivers/

payments

by

Price

Associates

.66

%

(5) 0

.66

%

.66

%

.66

%

.65

%

.65

%

(5) Net

expenses

after

waivers/

payments

by

Price

Associates

.00

%

(5) 0

.00

%

.00

%

.00

%

.00

%

.00

%

(5) Net

investment

income

.68

%

(5) 1

.65

%

.87

%

.71

%

.58

%

.61

%

(5) Portfolio

turnover

rate

.0

%

.0

%

.4

%

.6

%

.6

%

.3

%

Net

assets,

end

of

period

(in

millions)

$9,493

$9,596

$8,021

$7,750

$10,299

$9,139

%

%

%

%

%

%

(1) Inception

date

(2) Per

share

amounts

calculated

using

average

shares

outstanding

method.

(3) Includes

the

impact

of

expense-related

arrangements

with

Price

Associates.

(4) Total

return

reflects

the

rate

that

an

investor

would

have

earned

on

an

investment

in

the

fund

during

each

period,

assuming

reinvestment

of

all

distributions,

and

payment

of

no

redemption

or

account

fees,

if

applicable.

Total

return

is

not

annualized

for

periods

less

than

one

year.

(5) Annualized

T. ROWE

PRICE

International

Stock

Fund

April

30,

2025

(Unaudited)

#### Portfolio

#### of

#### Investments

#### ‡

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

‡

#### ARGENTINA 2.1%

#### Common

#### Stocks 2.1%
MercadoLibre

(USD) (1)

119,160

277,744

#### Total

#### Argentina

#### (Cost

#### $150,197)

#### 277,744

#### BRAZIL 0.9%

#### Common

#### Stocks 0.9%
B3

25,954,261

60,962

WEG

6,888,949

54,661

#### Total

#### Brazil

#### (Cost

#### $110,004)

#### 115,623

#### CANADA 9.3%

#### Common

#### Stocks 9.3%
Canadian

National

Railway

(USD)

2,361,589

228,649

Constellation

Software

67,256

242,385

Constellation

Software,

Warrants,

3/31/40 (1)(2)

75,919

—

Definity

Financial (3)

1,737,813

86,739

Descartes

Systems

Group

(USD) (1)

1,471,836

155,117

Element

Fleet

Management

9,918,023

217,195

Shopify,

Class

A

(USD) (1)

1,342,864

127,572

Suncor

Energy

(USD)

3,722,244

131,358

TMX

Group

1,677,881

67,999

#### Total

#### Canada

#### (Cost

#### $912,064)

#### 1,257,014

#### CAYMAN

#### ISLANDS 0.6%

#### Convertible

#### Preferred

#### Stocks 0.6%
ByteDance,

Series

E,

Acquisition

Date:

7/8/19,

Cost $13,909

(USD) (1)(2)(4)

282,204

76,359

#### Total

#### Cayman

#### Islands

#### (Cost

#### $13,909)

#### 76,359

#### CHINA 7.0%

#### Common

#### Stocks 4.6%
58. com

(USD) (1)(2)

3,564,710

—

BeiGene,

ADR

(USD) (1)

543,116

141,107

KE

Holdings,

ADR

(USD)

7,632,315

154,936

PDD

Holdings,

ADR

(USD) (1)

590,354

62,324

T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

Shenzhou

International

Group

Holdings

(HKD)

11,381,400

78,893

Tencent

Holdings

(HKD)

2,318,500

142,010

Tongcheng

Travel

Holdings

(HKD)

17,380,000

45,588

624,858

#### Common

#### Stocks

#### -

#### China

#### A

#### Shares 2.4%
Hongfa

Technology,

A

Shares

(CNH)

8,910,184

40,387

Kweichow

Moutai,

A

Shares

(CNH)

310,714

66,236

NARI

Technology,

A

Shares

(CNH)

27,975,995

85,408

Shandong

Pharmaceutical

Glass,

A

Shares

(CNH)

10,882,972

33,283

Shenzhen

Inovance

Technology,

A

Shares

(CNH)

10,100,722

99,482

324,796

#### Total

#### China

#### (Cost

#### $634,813)

#### 949,654

#### DENMARK 1.1%

#### Common

#### Stocks 1.1%
Novo

Nordisk,

ADR

(USD)

2,282,371

151,663

#### Total

#### Denmark

#### (Cost

#### $166,245)

#### 151,663

#### FRANCE 6.8%

#### Common

#### Stocks 6.8%
Dassault

Aviation

460,501

166,041

Hermes

International

38,392

105,585

LVMH

Moet

Hennessy

Louis

Vuitton

45,591

25,254

Safran

749,820

199,542

Sartorius

Stedim

Biotech

765,963

180,760

Schneider

Electric

467,782

109,295

Thales

480,093

134,485

#### Total

#### France

#### (Cost

#### $531,792)

#### 920,962

#### GERMANY 6.8%

#### Common

#### Stocks 6.8%
Deutsche

Telekom

3,454,950

124,093

Douglas (1)

577,999

6,887

Evotec (1)(3)

554,638

4,643

QIAGEN

2,089,512

89,673

SAP

993,160

290,587

Schott

Pharma (3)

2,119,263

59,768

Siemens

710,192

163,530

T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

Siemens

Healthineers

3,233,278

174,298

#### Total

#### Germany

#### (Cost

#### $670,807)

#### 913,479

#### HONG

#### KONG 0.2%

#### Common

#### Stocks 0.2%
AIA

Group

4,493,600

33,670

#### Total

#### Hong

#### Kong

#### (Cost

#### $13,001)

#### 33,670

#### INDIA 6.2%

#### Common

#### Stocks 6.2%
Axis

Bank

11,675,507

163,774

ICICI

Bank

6,184,530

103,957

InterGlobe

Aviation (1)

612,141

38,143

Kotak

Mahindra

Bank

5,114,171

133,663

Larsen

&

Toubro

2,821,728

111,691

NTPC

40,574,309

169,986

NTPC

Green

Energy (1)

10,840,176

12,857

Reliance

Industries

4,271,751

70,930

Varun

Beverages

5,949,663

36,733

#### Total

#### India

#### (Cost

#### $516,653)

#### 841,734

#### INDONESIA 1.6%

#### Common

#### Stocks 1.6%
Bank

Central

Asia

260,254,600

138,375

Telkom

Indonesia

Persero

532,352,500

83,909

#### Total

#### Indonesia

#### (Cost

#### $171,516)

#### 222,284

#### IRELAND 0.5%

#### Common

#### Stocks 0.5%
ICON

(USD) (1)

92,930

14,073

Kingspan

Group

670,001

56,538

#### Total

#### Ireland

#### (Cost

#### $72,252)

#### 70,611

#### ITALY 2.2%

#### Common

#### Stocks 2.2%
Banca

Mediolanum

5,488,162

82,047

T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

DiaSorin (5)

1,025,210

117,158

DiaSorin,

Rights,

5/2/25 (1)(5)

1,020,972

—

Ferrari

206,811

94,674

#### Total

#### Italy

#### (Cost

#### $254,423)

#### 293,879

#### JAPAN 14.5%

#### Common

#### Stocks 14.5%
Ajinomoto (3)

3,843,300

78,611

Calbee

4,531,800

91,156

Chugai

Pharmaceutical

3,004,200

173,071

Daiichi

Sankyo

2,266,900

57,989

Disco (3)

416,600

80,604

Hamamatsu

Photonics (3)

2,294,500

21,217

Hikari

Tsushin

202,500

56,169

Keyence

421,300

176,142

Kyushu

Railway

3,580,400

92,665

Nextage (3)(5)

4,122,600

51,383

Nippon

Sanso

Holdings (3)

2,748,600

87,964

Olympus (3)

8,306,500

108,840

Rakuten

Bank (1)

812,500

34,172

Recruit

Holdings

1,914,200

106,076

Renesas

Electronics

15,417,000

180,923

Seven

&

i

Holdings

9,865,300

145,223

Shin-Etsu

Chemical

6,728,200

204,749

Sony

Group

8,271,900

218,236

#### Total

#### Japan

#### (Cost

#### $1,699,973)

#### 1,965,190

#### MEXICO 0.6%

#### Common

#### Stocks 0.6%
Grupo

Mexico,

Series

B

14,646,030

75,999

#### Total

#### Mexico

#### (Cost

#### $78,285)

#### 75,999

#### NETHERLANDS 7.1%

#### Common

#### Stocks 7.1%
Adyen (1)

51,168

82,801

Argenx,

ADR

(USD) (1)

158,510

102,261

ASM

International

151,455

74,029

ASML

Holding

373,055

249,739

CVC

Capital

Partners (1)

5,724,134

102,135

T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

ING

Groep (3)

3,932,852

76,373

Prosus (3)

5,831,967

273,430

#### Total

#### Netherlands

#### (Cost

#### $560,800)

#### 960,768

#### PHILIPPINES 0.8%

#### Common

#### Stocks 0.8%
SM

Investments

6,900,105

107,410

#### Total

#### Philippines

#### (Cost

#### $107,420)

#### 107,410

#### PORTUGAL 1.9%

#### Common

#### Stocks 1.9%
Galp

Energia

7,257,039

112,439

Jeronimo

Martins

6,035,973

146,085

#### Total

#### Portugal

#### (Cost

#### $191,681)

#### 258,524

#### SAUDI

#### ARABIA 0.9%

#### Common

#### Stocks 0.9%
Saudi

National

Bank

12,459,480

118,714

#### Total

#### Saudi

#### Arabia

#### (Cost

#### $115,039)

#### 118,714

#### SINGAPORE 1.1%

#### Common

#### Stocks 1.1%
Sea,

ADR

(USD) (1)

1,109,135

148,679

#### Total

#### Singapore

#### (Cost

#### $69,710)

#### 148,679

#### SOUTH

#### KOREA 1.1%

#### Common

#### Stocks 1.1%
Samsung

Electronics

3,685,479

143,798

#### Total

#### South

#### Korea

#### (Cost

#### $88,545)

#### 143,798

#### SPAIN 0.8%

#### Common

#### Stocks 0.8%
Amadeus

IT

Group

1,357,569

106,858

#### Total

#### Spain

#### (Cost

#### $64,337)

#### 106,858
T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

#### SWEDEN 3.0%

#### Common

#### Stocks 3.0%
Assa

Abloy,

Class

B (3)

3,926,347

119,180

Essity,

Class

B

8,449,118

244,341

Spotify

Technology

(USD) (1)

70,400

43,224

#### Total

#### Sweden

#### (Cost

#### $324,052)

#### 406,745

#### SWITZERLAND 5.4%

#### Common

#### Stocks 5.4%
Alcon

1,716,413

166,768

Cie

Financiere

Richemont,

Class

A

953,253

168,445

Julius

Baer

Group

1,859,636

120,594

Nestle

924,809

98,434

Partners

Group

Holding (3)

91,867

120,371

Sonova

Holding

197,611

60,748

#### Total

#### Switzerland

#### (Cost

#### $519,022)

#### 735,360

#### TAIWAN 5.5%

#### Common

#### Stocks 5.5%
Accton

Technology

1,791,000

33,360

Taiwan

Semiconductor

Manufacturing

25,168,000

713,124

#### Total

#### Taiwan

#### (Cost

#### $102,691)

#### 746,484

#### UNITED

#### KINGDOM 7.9%

#### Common

#### Stocks 7.8%
AstraZeneca,

ADR

(USD)

2,601,834

186,786

Bridgepoint

Group

15,617,341

55,985

Experian

1,673,775

83,272

Hiscox

5,682,081

83,627

London

Stock

Exchange

Group

539,054

83,937

Prudential

13,953,343

148,363

RELX

2,556,653

139,530

Segro

9,667,295

87,940

Smith

&

Nephew

5,165,589

72,693

Unilever

(EUR)

1,823,298

116,272

1,058,405

T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

#### Convertible

#### Preferred

#### Stocks 0.1%
Yulife

Holdings,

Series

C,

Acquisition

Date:

10/11/22,

Cost $5,670 (1)(2)(4)

286,782

4,640

4,640

#### Total

#### United

#### Kingdom

#### (Cost

#### $849,558)

#### 1,063,045

#### UNITED

#### STATES 1.7%

#### Common

#### Stocks 1.7%
Canva,

Acquisition

Date:

8/16/21

-

11/4/21,

Cost $23,865 (1)

(2)(4)

14,001

20,130

Coupang (1)

2,355,904

55,057

Mastercard,

Class

A

116,872

64,053

Waste

Connections

451,535

89,237

228,477

#### Convertible

#### Preferred

#### Stocks 0.0%
Canva,

Series

A,

Acquisition

Date:

11/4/21,

Cost $1,408 (1)

(2)(4)

826

1,188

Canva,

Series

A-3,

Acquisition

Date:

11/4/21,

Cost $58 (1)

(2)(4)

Canva,

Series

A-4,

Acquisition

Date:

11/4/21,

Cost $5 (1)(2)

(4) 3

Canva,

Series

A-5,

Acquisition

Date:

11/4/21,

Cost $4 (1)(2)

(4) 2

1,244

#### Total

#### United

#### States

#### (Cost

#### $144,944)

#### 229,721

#### VIETNAM 0.5%

#### Common

#### Stocks 0.5%
Asia

Commercial

Bank

37,043,700

34,343

FPT

7,933,800

33,556

#### Total

#### Vietnam

#### (Cost

#### $80,241)

#### 67,899

#### SHORT-TERM

#### INVESTMENTS 1.6%

#### Money

#### Market

#### Funds 1.6%
T. Rowe

Price

Government

Reserve

Fund,

4.38% (5)(6)

211,678,583

211,679

#### Total

#### Short-Term

#### Investments

#### (Cost

#### $211,679)

#### 211,679
T. ROWE

PRICE

International

Stock

Fund

#### Shares

#### $

#### Value
(Cost

and

value

in

$000s)

#### SECURITIES

#### LENDING

#### COLLATERAL 1.1%

#### INVESTMENTS

#### IN

#### A

#### POOLED

#### ACCOUNT

#### THROUGH

#### SECURITIES

#### LENDING

#### PROGRAM

#### WITH

#### JPMORGAN

#### CHASE

#### BANK 1.1%

#### Money

#### Market

#### Funds 1.1%
T. Rowe

Price

Government

Reserve

Fund,

4.38% (5)(6)

153,387,985

153,388

#### Total

#### Investments

#### in

#### a

#### Pooled

#### Account

#### through

#### Securities

#### Lending

#### Program

#### with

#### JPMorgan

#### Chase

#### Bank

#### 153,388

#### Total

#### Securities

#### Lending

#### Collateral

#### (Cost

#### $153,388)

#### 153,388

#### Total

#### Investments

#### in

#### Securities

#### 100.8%

#### of

#### Net

#### Assets

#### (Cost

#### $9,579,041)

#### $

#### 13,624,937
‡

Country

classifications

are

generally

based

on

MSCI

categories

or

another

unaffiliated

third

party

data

provider;

Shares

and

Notional

Amount

are

denominated

in

the

currency

of

the

country

presented

unless

otherwise

noted.

(1) Non-income

producing

(2) See

Note

2. Level

in

fair

value

hierarchy.

(3) See

Note

4. All

or

a

portion

of

this

security

is

on

loan

at

April

30,

2025. (4) Security

cannot

be

offered

for

public

resale

without

first

being

registered

under

the

Securities

Act

of

1933

and

related

rules

("restricted

security").

Acquisition

date

represents

the

day

on

which

an

enforceable

right

to

acquire

such

security

is

obtained

and

is

presented

along

with

related

cost

in

the

security

description.

The

fund

may

have

registration

rights

for

certain

restricted

securities.

Any

costs

related

to

such

registration

are

generally

borne

by

the

issuer.

The

aggregate

value

of

restricted

securities

(excluding

144A

holdings)

at

period

end

amounts

to

$102,373

and

represents

0.8%

of

net

assets.

(5) Affiliated

Companies

(6) Seven-day

yield

ADR

American

Depositary

Receipts

CNH

Offshore

China

Renminbi

EUR

Euro

HKD

Hong

Kong

Dollar

OTC

Over-the-counter

USD

U.S.

Dollar

T. ROWE

PRICE

International

Stock

Fund

(Amounts

in

000s,

except

for

contracts)

#### OPTIONS

#### WRITTEN

#### (0.0)%

#### OTC

#### Options

#### Written (0.0)%

#### Counterparty

#### Description

#### Contracts

#### Notional

#### Amount

#### $

#### Value
Morgan

Stanley

KE

Holdings,

Call,

6/20/25

@

$27.00

3,057

6,206

(74) Morgan

Stanley

KE

Holdings,

Call,

6/20/25

@

$28.00

3,057

6,206

(64) #### Total

#### Options

#### Written

#### (Premiums

#### $(1,130))

#### $

#### (138)
T. ROWE

PRICE

International

Stock

Fund

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### AFFILIATED

#### COMPANIES
($000s)

The

fund

may

invest

in

certain

securities

that

are

considered

affiliated

companies.

As

defined

by

the

1940

Act,

an

affiliated

company

is

one

in

which

the

fund

owns

5%

or

more

of

the

outstanding

voting

securities,

or

a

company

that

is

under

common

ownership

or

control.

The

following

securities

were

considered

affiliated

companies

for

all

or

some

portion

of

the

six

months

ended

April

30,

2025. Net

realized

gain

(loss),

investment

income,

change

in

net

unrealized

gain/loss,

and

purchase

and

sales

cost

reflect

all

activity

for

the

period

then

ended.

#### Affiliate

#### Net

#### Realized

#### Gain
(Loss)

#### Change

#### in

#### Net

#### Unrealized

#### Gain/Loss

#### Investment

#### Income
DiaSorin

$

(3,580)

$

10,356

$

—

DiaSorin,

Rights,

5/2/25

—

—

—

Nextage

(1,482)

13,429

750

T. Rowe

Price

Government

Reserve

Fund,

4.38%

—

—

4,050++

Totals

$

(5,062)#

$

23,785

$

4,800+

#### Supplementary

#### Investment

#### Schedule

#### Affiliate

#### Value

#### 10/31/24

#### Purchase

#### Cost

#### Sales

#### Cost

#### Value

#### 4/30/25
DiaSorin

$

\*

$

18,894

$

9,475

$

117,158

DiaSorin,

Rights,

5/2/25

—

—

—

—

Nextage

\*

1,294

3,086

51,383

T. Rowe

Price

Government

Reserve

Fund,

4.38%

373,230

¤

¤

365,067

Total

$

533,608^

#

Capital

gain

distributions

from

underlying

Price

funds

represented

$0

of

the

net

realized

gain

(loss).

++

Excludes

earnings

on

securities

lending

collateral,

which

are

subject

to

rebates

and

fees

as

described

in

Note

4. +

Investment

income

comprised

$4,800

of

dividend

income

and

$0

of

interest

income.

¤

Purchase

and

sale

information

not

shown

for

cash

management

funds.

^

The

cost

basis

of

investments

in

affiliated

companies

was

$559,543.

\*

On

the

date

indicated,

issuer

was

held

but

not

considered

an

affiliated

company.

T. ROWE

PRICE

International

Stock

Fund

April

30,

2025

(Unaudited)

#### Statement

#### of

#### Assets

#### and

#### Liabilities

($000s,

except

shares

and

per

share

amounts)

#### Assets
Investments

in

securities,

at

value

(cost

$9,579,041)

$

13,624,937

Receivable

for

investment

securities

sold

53,182

Foreign

currency

(cost

$46,654)

47,107

Dividends

receivable

24,424

Due

from

affiliates

5,033

Receivable

for

shares

sold

2,280

Restricted

cash

pledged

for

bilateral

derivatives

Other

assets

26,892

Total

assets

13,783,997

#### Liabilities
Obligation

to

return

securities

lending

collateral

153,388

Payable

for

investment

securities

purchased

50,192

Investment

management

fees

payable

6,765

Payable

for

shares

redeemed

4,944

Options

written

(premiums

$1,130)

Payable

to

directors

Other

liabilities

47,550

Total

liabilities

262,981

Commitments

and

Contingent

Liabilities

(note

7)

#### NET

#### ASSETS

#### $

#### 13,521,016
T. ROWE

PRICE

International

Stock

Fund

April

30,

2025

(Unaudited)

#### Statement

#### of

#### Assets

#### and

#### Liabilities

($000s,

except

shares

and

per

share

amounts)

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Net

#### Assets

#### Consist

#### of:
Total

distributable

earnings

(loss)

$

4,416,490

Paid-in

capital

applicable

to

648,895,025

shares

of

$0.01

par

value

capital

stock

outstanding;

18,000,000,000

shares

of

the

Corporation

authorized

9,104,526

#### NET

#### ASSETS

#### $

#### 13,521,016

#### NET

#### ASSET

#### VALUE

#### PER

#### SHARE

#### Investor

#### Class

#### (Net

#### assets:

#### $1,679,680;

#### Shares

#### outstanding:

#### 80,285,003)

#### $

#### 20.92

#### Advisor

#### Class

#### (Net

#### assets:

#### $12,993;

#### Shares

#### outstanding:

#### 620,236)

#### $

#### 20.95

#### R

#### Class

#### (Net

#### assets:

#### $17,805;

#### Shares

#### outstanding:

#### 865,659)

#### $

#### 20.57

#### I

#### Class

#### (Net

#### assets:

#### $2,317,860;

#### Shares

#### outstanding:

#### 111,556,258)

#### $

#### 20.78

#### Z

#### Class

#### (Net

#### assets:

#### $9,492,678;

#### Shares

#### outstanding:

#### 455,567,869)

#### $

#### 20.84
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Statement

#### of

#### Operations

($000s)

Months

Ended

4/30/25

#### Investment

#### Income
(Loss)

Income

Dividend

(net

of

foreign

taxes

of

$6,673)

$

112,060

Securities

lending

540

Other

Total

income

112,617

Expenses

Investment

management

42,547

Shareholder

servicing

Investor

Class

$

1,501

Advisor

Class

R

Class

I

Class

1,868

Rule

12b-1

fees

Advisor

Class

R

Class

Prospectus

and

shareholder

reports

Investor

Class

R

Class

I

Class

Z

Class

Custody

and

accounting

981

Registration

Legal

and

audit

Directors

Miscellaneous

718

Waived

/

paid

by

Price

Associates

(31,162)

Total

expenses

15,209

Net

investment

income

97,408

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Statement

#### of

#### Operations

($000s)

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Months

Ended

4/30/25

#### Realized

#### and

#### Unrealized

#### Gain

#### /

#### Loss
–

Net

realized

gain

(loss)

Securities

(net

of

foreign

taxes

of

$4,112)

405,125

Options

written

6,966

Foreign

currency

transactions

(1,001)

Net

realized

gain

411,090

Change

in

net

unrealized

gain

/

loss

Securities

(net

of

increase

in

deferred

foreign

taxes

of

$6,984)

(10,366)

Options

written

(3,174)

Other

assets

and

liabilities

denominated

in

foreign

currencies

2,759

Change

in

net

unrealized

gain

/

loss

(10,781)

Net

realized

and

unrealized

gain

/

loss

400,309

#### INCREASE

#### IN

#### NET

#### ASSETS

#### FROM

#### OPERATIONS

#### $

#### 497,717
T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Statement

#### of

#### Changes

#### in

#### Net

#### Assets

($000s)

Months

Ended

4/30/25

Year

Ended

10/31/24

#### Increase
(Decrease)

#### in

#### Net

#### Assets
Operations

Net

investment

income

$

97,408

$

201,471

Net

realized

gain

411,090

475,783

Change

in

net

unrealized

gain

/

loss

(10,781)

2,345,024

Increase

in

net

assets

from

operations

497,717

3,022,278

Distributions

to

shareholders

Net

earnings

Investor

Class

(18,706)

(19,307)

Advisor

Class

(95) (123) R

Class

(74) (76) I

Class

(31,886)

(45,878)

Z

Class

(212,636)

(162,223)

Decrease

in

net

assets

from

distributions

(263,397)

(227,607)

Capital

share

transactions

\*

Shares

sold

Investor

Class

36,031

65,623

Advisor

Class

779

2,554

R

Class

1,754

12,142

I

Class

149,458

296,845

Z

Class

259,139

1,030,547

Distributions

reinvested

Investor

Class

17,637

18,165

Advisor

Class

R

Class

I

Class

29,815

44,057

Z

Class

212,636

162,223

Shares

redeemed

Investor

Class

(149,242)

(239,795)

Advisor

Class

(1,730)

(3,692)

R

Class

(2,210)

(8,176)

I

Class

(390,126)

(1,867,981)

Z

Class

(718,402)

(1,377,906)

Decrease

in

net

assets

from

capital

share

transactions

(554,296)

(1,865,201)

T. ROWE

PRICE

International

Stock

Fund

(Unaudited)

#### Statement

#### of

#### Changes

#### in

#### Net

#### Assets

($000s)

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Months

Ended

4/30/25

Year

Ended

10/31/24

#### Net

#### Assets
Increase

(decrease)

during

period

(319,976)

929,470

Beginning

of

period

13,840,992

12,911,522

#### End

#### of

#### period

#### $

#### 13,521,016

#### $

#### 13,840,992
\*Share

information

(000s)

Shares

sold

Investor

Class

1,779

3,363

Advisor

Class

R

Class

633

I

Class

7,406

15,276

Z

Class

12,861

52,869

Distributions

reinvested

Investor

Class

873

966

Advisor

Class

R

Class

I

Class

1,486

2,358

Z

Class

10,595

8,661

Shares

redeemed

Investor

Class

(7,366)

(12,249)

Advisor

Class

(85) (186) R

Class

(111) (423) I

Class

(19,205)

(93,993)

Z

Class

(35,967)

(70,592)

Decrease

in

shares

outstanding

(27,599)

(93,175)

T. ROWE

PRICE

International

Stock

Fund

Unaudited

#### NOTES

#### TO

#### FINANCIAL

#### STATEMENTS

T. Rowe

Price

International

Funds,

Inc. (the

corporation)

is

registered

under

the

Investment

Company

Act

of

1940

(the

1940

Act).

The

International

Stock

Fund

(the

fund)

is a

diversified, open-end

management

investment

company

established

by

the

corporation. The

fund

seeks long-term

growth

of

capital

through

investments

primarily

in

the

common

stocks

of

established,

non-U.S.

companies.

The

fund

has five classes

of

shares:

the

International

Stock

Fund

(Investor

Class),

the

International

Stock

Fund–Advisor

Class

(Advisor

Class),

the

International

Stock

Fund–R

Class

(R

Class),

the

International

Stock

Fund–I

Class

(I

Class)

and

the

International

Stock

Fund–Z

Class

(Z

Class).

Advisor

Class

shares

are

sold

only

through

various

brokers

and

other

financial

intermediaries,

and

R

Class

shares

are

available

through

financial

intermediaries

for

employer-sponsored

defined

contribution

retirement

plans

and

certain

other

retirement

accounts.

I

Class

shares

require

a

$500,000

initial

investment

minimum,

although

the

minimum

generally

is

waived

or

reduced

for

financial

intermediaries,

eligible

retirement

plans,

and

certain

other

accounts.

The

Z

Class

is

only

available

to

funds

advised

by

T. Rowe

Price

Associates,

Inc.

and

its

affiliates

and

other

clients

that

are

subject

to

a

contractual

fee

for

investment

management

services.

The

Advisor

Class

and

R

Class

each

operate

under

separate

Board-approved

Rule

12b-1

plans,

pursuant

to

which

each

class

compensates

financial

intermediaries

for

distribution,

shareholder

servicing,

and/

or

certain

administrative

services;

the

Investor,

I

and

Z

Classes

do

not

pay

Rule

12b-1

fees. Each

class

has

exclusive

voting

rights

on

matters

related

solely

to

that

class;

separate

voting

rights

on

matters

that

relate

to

all

classes;

and,

in

all

other

respects,

the

same

rights

and

obligations

as

the

other

classes.

#### NOTE

#### 1

#### -

#### SIGNIFICANT

#### ACCOUNTING

#### POLICIES

#### Basis

#### of

#### Preparation
The fund

is

an

investment

company

and

follows

accounting

and

reporting

guidance

in

the

Financial

Accounting

Standards

Board

(FASB)

*Accounting* 

*Standards* 

*Codification* 

Topic

946

(ASC

946).

The

accompanying

financial

statements

were

prepared

in

accordance

with

accounting

principles

generally

accepted

in

the

United

States

of

America

(GAAP),

including,

but

not

limited

to,

ASC

946. GAAP

requires

the

use

of

estimates

made

by

management.

Management

believes

that

estimates

and

valuations

are

appropriate;

however,

actual

results

may

differ

from

those

estimates,

and

the

valuations

reflected

in

the

accompanying

financial

statements

may

differ

from

the

value

ultimately

realized

upon

sale

or

maturity.

T. ROWE

PRICE

International

Stock

Fund

#### Investment

#### Transactions,

#### Investment

#### Income,

#### and

#### Distributions
Investment

transactions

are

accounted

for

on

the

trade

date

basis.

Income

and

expenses

are

recorded

on

the

accrual

basis.

Realized

gains

and

losses

are

reported

on

the

identified

cost

basis. Income

tax-related

interest

and

penalties,

if

incurred,

are

recorded

as

income

tax

expense. Dividends

received

from other

investment

companies are

reflected

as

dividend income;

capital

gain

distributions

are

reflected

as

realized

gain/loss. Dividend

income and

capital

gain

distributions

are

recorded

on

the

ex-dividend

date. Non-cash

dividends,

if

any,

are

recorded

at

the

fair

market

value

of

the

asset

received. Proceeds

from

litigation

payments,

if

any,

are

included

in

either

net

realized

gain

(loss)

or

change

in

net

unrealized

gain/loss

from

securities. Distributions

to

shareholders

are

recorded

on

the

ex-dividend

date. Income

distributions,

if

any,

are

declared

and

paid

by

each

class annually. A

capital

gain

distribution,

if

any, may

also

be

declared

and

paid

by

the

fund

annually.

#### Currency

#### Translation
Assets,

including

investments,

and

liabilities

denominated

in

foreign

currencies

are

translated

into

U.S.

dollar

values

each

day

at

the

prevailing

exchange

rate,

using

the

mean

of

the

bid

and

asked

prices

of

such

currencies

against

U.S.

dollars

as

provided

by

an

outside

pricing

service.

Purchases

and

sales

of

securities,

income,

and

expenses

are

translated

into

U.S.

dollars

at

the

prevailing

exchange

rate

on

the

respective

date

of

such

transaction.

The

effect

of

changes

in

foreign

currency

exchange

rates

on

realized

and

unrealized

security

gains

and

losses

is

not

bifurcated

from

the

portion

attributable

to

changes

in

market

prices.

#### Class

#### Accounting
Shareholder

servicing,

prospectus,

and

shareholder

report

expenses

incurred

by

each

class

are

charged

directly

to

the

class

to

which

they

relate.

Expenses

common

to

all

classes,

investment

income,

and

realized

and

unrealized

gains

and

losses

are

allocated

to

the

classes

based

upon

the

relative

daily

net

assets

of

each

class.

The

Advisor

Class

and

R

Class

each

pay

Rule

12b-1

fees,

in

an

amount

not

exceeding

0.25%

and

0.50%,

respectively,

of

the

class's

average

daily

net

assets.

#### In-Kind

#### Redemptions
In

accordance

with

guidelines

described

in

the

fund's

prospectus,

and

when

considered

to

be

in

the

best

interest

of

all

shareholders,

the

fund

may

distribute

portfolio

securities

rather

than

cash

as

payment

for

a

redemption

of

fund

shares

(in-kind

redemption).

Gains

and

losses

realized

on

in-kind

redemptions

are

not

recognized

for

tax

purposes

and

are

reclassified

from

undistributed

realized

gain

(loss)

to

paid-in

capital.

During

the

six

months ended

April

30,

2025,

the

fund

realized

$17,868,000 of

net

gain

on

$48,330,000

of

in-kind

redemptions.

T. ROWE

PRICE

International

Stock

Fund

#### Capital

#### Transactions
Each

investor's

interest

in

the

net

assets

of the

fund

is

represented

by

fund

shares. The

fund's

net

asset

value

(NAV)

per

share

is

computed

at

the

close

of

the

New

York

Stock

Exchange

(NYSE),

normally

p.m.

Eastern

time,

each

day

the

NYSE

is

open

for

business.

However,

the

NAV

per

share

may

be

calculated

at

a

time

other

than

the

normal

close

of

the

NYSE

if

trading

on

the

NYSE

is

restricted,

if

the

NYSE

closes

earlier,

or

as

may

be

permitted

by

the

SEC.

Purchases

and

redemptions

of

fund

shares

are

transacted

at

the

next-computed

NAV

per

share,

after

receipt

of

the

transaction

order

by

T. Rowe

Price

Associates,

Inc.,

or

its

agents.

#### New

#### Accounting

#### Guidance
In December

2023,

the

FASB

issued

Accounting

Standards

Update

(ASU),

ASU

2023-09,

Income

Taxes

(Topic

740)

–

Improvements

to

Income

Taxes

Disclosures,

which

enhances

the

transparency

of

income

tax

disclosures.

The

ASU

requires

public

entities,

on

an

annual

basis,

to

provide

disclosure

of

specific

categories

in

the

rate

reconciliation,

as

well

as

disclosure

of

income

taxes

paid

disaggregated

by

jurisdiction.

The

amendments

under

this

ASU

are

required

to

be

applied

prospectively

and

are

effective

for

fiscal

years

beginning

after

December

15,

2024. Management

expects

that

adoption

of

the

guidance

will

not

have

a

material

impact

on

the

fund's

financial

statements.

#### Indemnification
In

the

normal

course

of

business, the

fund

may

provide

indemnification

in

connection

with

its

officers

and

directors,

service

providers,

and/or

private

company

investments. The

fund's

maximum

exposure

under

these

arrangements

is

unknown;

however,

the

risk

of

material

loss

is

currently

considered

to

be

remote.

#### NOTE

#### 2

#### -

#### VALUATION

#### Fair

#### Value
&nbsp;&nbsp;&nbsp;&nbsp;The

fund's

financial

instruments

are

valued

at

the

close

of

the

NYSE

and

are

reported

at

fair

value,

which

GAAP

defines

as

the

price

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

at

the

measurement

date. The fund's

Board

of

Directors

(the

Board)

has

designated

T. Rowe

Price

Associates,

Inc.

as

the

fund's

valuation

designee

(Valuation

Designee).

Subject

to

oversight

by

the

Board,

the

Valuation

Designee

performs

the

following

functions

in

performing

fair

value

determinations:

assesses

and

manages

valuation

risks;

establishes

and

applies

fair

value

methodologies;

tests

fair

value

methodologies;

and

evaluates

pricing

vendors

and

pricing

agents.

The

duties

T. ROWE

PRICE

International

Stock

Fund

and

responsibilities

of

the

Valuation

Designee

are

performed

by

its

Valuation

Committee. The

Valuation

Designee provides

periodic

reporting

to

the

Board

on

valuation

matters.

Various

valuation

techniques

and

inputs

are

used

to

determine

the

fair

value

of

financial

instruments.

GAAP

establishes

the

following

fair

value

hierarchy

that

categorizes

the

inputs

used

to

measure

fair

value:

Level

–

quoted

prices

(unadjusted)

in

active

markets

for

identical

financial

instruments

that

the

fund

can

access

at

the

reporting

date

Level

–

inputs

other

than

Level

quoted

prices

that

are

observable,

either

directly

or

indirectly

(including,

but

not

limited

to,

quoted

prices

for

similar

financial

instruments

in

active

markets,

quoted

prices

for

identical

or

similar

financial

instruments

in

inactive

markets,

interest

rates

and

yield

curves,

implied

volatilities,

and

credit

spreads)

Level

–

unobservable

inputs

(including

the Valuation

Designee's assumptions

in

determining

fair

value)

Observable

inputs

are

developed

using

market

data,

such

as

publicly

available

information

about

actual

events

or

transactions,

and

reflect

the

assumptions

that

market

participants

would

use

to

price

the

financial

instrument.

Unobservable

inputs

are

those

for

which

market

data

are

not

available

and

are

developed

using

the

best

information

available

about

the

assumptions

that

market

participants

would

use

to

price

the

financial

instrument.

GAAP

requires

valuation

techniques

to

maximize

the

use

of

relevant

observable

inputs

and

minimize

the

use

of

unobservable

inputs.

When

multiple

inputs

are

used

to

derive

fair

value,

the

financial

instrument

is

assigned

to

the

level

within

the

fair

value

hierarchy

based

on

the

lowest-level

input

that

is

significant

to

the

fair

value

of

the

financial

instrument.

Input

levels

are

not

necessarily

an

indication

of

the

risk

or

liquidity

associated

with

financial

instruments

at

that

level

but

rather

the

degree

of

judgment

used

in

determining

those

values.

#### Valuation

#### Techniques
Equity

securities,

including

exchange-traded

funds, listed

or

regularly

traded

on

a

securities

exchange

or

in

the

over-the-

counter

(OTC)

market

are

valued

at

the

last

quoted

sale

price

or,

for

certain

markets,

the

official

closing

price

at

the

time

the

valuations

are

made.

OTC

Bulletin

Board

securities

are

valued

at

the

mean

of

the

closing

bid

and

asked

prices.

A

security

that

is

listed

or

traded

on

more

than

one

exchange

is

valued

at

the

quotation

on

the

exchange

determined

to

be

the

primary

market

for

such

T. ROWE

PRICE

International

Stock

Fund

security.

Listed

securities

not

traded

on

a

particular

day

are

valued

at

the

mean

of

the

closing

bid

and

asked

prices

for

domestic

securities

and

the

last

quoted

sale

or

closing

price

for

international

securities.

The

last

quoted

prices

of

non-U.S.

equity

securities

may

be

adjusted

to

reflect

the

fair

value

of

such

securities

at

the

close

of

the

NYSE,

if

the Valuation

Designee

determines

that

developments

between

the

close

of

a

foreign

market

and

the

close

of

the

NYSE

will

affect

the

value

of

some

or

all

of

the

fund's portfolio

securities.

Each

business

day,

the

Valuation

Designee uses

information

from

outside

pricing

services

to

evaluate

the

quoted

prices

of

portfolio

securities

and,

if

appropriate,

decide whether

it

is

necessary

to

adjust

quoted

prices

to

reflect

fair

value

by

reviewing

a

variety

of

factors,

including

developments

in

foreign

markets,

the

performance

of

U.S.

securities

markets,

and

the

performance

of

instruments

trading

in

U.S.

markets

that

represent

foreign

securities

and

baskets

of

foreign

securities. The Valuation

Designee

uses

outside

pricing

services

to

provide

it

with

quoted

prices

and

information

to

evaluate

or

adjust

those

prices.

The Valuation

Designee

cannot

predict

how

often

it

will

use

quoted

prices

and

how

often

it

will

determine

it

necessary

to

adjust

those

prices

to

reflect

fair

value.

Investments

in

mutual

funds

are

valued

at

the

mutual

fund's

closing

NAV

per

share

on

the

day

of

valuation.

Listed

options,

and

OTC

options

with

a

listed

equivalent,

are

valued

at

the

mean

of

the

closing

bid

and

asked

prices

and

exchange-traded

options

on

futures

contracts

are

valued

at

closing

settlement

prices.

Assets

and

liabilities

other

than

financial

instruments,

including

short-

term

receivables

and

payables,

are

carried

at

cost,

or

estimated

realizable

value,

if

less,

which

approximates

fair

value.

Investments

for

which

market

quotations are

not

readily

available

or

deemed

unreliable

are

valued

at

fair

value

as

determined

in

good

faith

by

the

Valuation

Designee.

The

Valuation

Designee

has

adopted

methodologies

for

determining

the

fair

value

of

investments

for

which

market

quotations

are

not

readily

available

or

deemed

unreliable,

including

the

use

of

other

pricing

sources.

Factors

used

in

determining

fair

value

vary

by

type

of

investment

and

may

include

market

or

investment

specific

considerations.

The

Valuation

Designee typically

will

afford

greatest

weight

to

actual

prices

in

arm's

length

transactions,

to

the

extent

they

represent

orderly

transactions

between

market

participants,

transaction

information

can

be

reliably

obtained,

and

prices

are

deemed

representative

of

fair

value.

However,

the

Valuation

Designee may

also

consider

other

valuation

methods

such

as

market-based

valuation

multiples;

a

discount

or

premium

from

market

value

of

a

similar,

freely

traded

security

of

T. ROWE

PRICE

International

Stock

Fund

the

same

issuer;

discounted

cash

flows;

yield

to

maturity;

or

some

combination.

Fair

value

determinations

are

reviewed

on

a

regular

basis.

Because

any

fair

value

determination

involves

a

significant

amount

of

judgment,

there

is

a

degree

of

subjectivity

inherent

in

such

pricing

decisions. Fair

value

prices

determined

by

the

Valuation

Designee could

differ

from

those

of

other

market

participants,

and

it

is

possible

that

the

fair

value

determined

for

a

security

may

be

materially

different

from

the

value

that

could

be

realized

upon

the

sale

of

that

security.

#### Valuation

#### Inputs
&nbsp;&nbsp;&nbsp;&nbsp;The

following

table

summarizes

the

fund's

financial

instruments,

based

on

the

inputs

used

to

determine

their

fair

values

on

April

30,

2025

(for

further

detail

by

category,

please

refer

to

the

accompanying

Portfolio

of

Investments):

#### NOTE

#### 3

#### -

#### DERIVATIVE

#### INSTRUMENTS
During

the

six

months ended

April

30,

2025,

the

fund

invested

in

derivative

instruments.

As

defined

by

GAAP,

a

derivative

is

a

financial

instrument

whose

value

is

derived

from

an

underlying

security

price,

foreign

exchange

rate,

interest

rate,

index

of

prices

or

rates,

or

other

variable;

it

requires

little

or

no

initial

investment

and

permits

or

requires

net

settlement

or

delivery

of

cash

or

other

assets.

The

fund

invests

in

derivatives

only

if

the

expected

risks

and

rewards

are

consistent

with

its

investment

objectives,

policies,

and

overall

risk

profile,

as

described

in

its

prospectus

and

Statement

of

Additional

Information.

The

fund

may

use

derivatives

for

a

variety

of

purposes

and

may

use

them

to

establish

both

long

and

short

positions

within

the

fund's

portfolio.

Potential

uses

include

to

hedge

against

declines

in

principal

value,

increase

yield,

invest

in

an

($000s)

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Value

#### Assets
Common

Stocks

$

2,133,840

$

11,023,657

$

20,130

$

13,177,627

Convertible

Preferred

Stocks

—

—

82,243

82,243

Short-Term

Investments

211,679

—

—

211,679

Securities

Lending

Collateral

153,388

—

—

153,388

Total

$

2,498,907

$

11,023,657

$

102,373

$

13,624,937

#### Liabilities
Options

Written

$

—

$

$

—

$

T. ROWE

PRICE

International

Stock

Fund

asset

with

greater

efficiency

and

at

a

lower

cost

than

is

possible

through

direct

investment,

to

enhance

return,

or

to

adjust

credit

exposure.

The

risks

associated

with

the

use

of

derivatives

are

different

from,

and

potentially

much

greater

than,

the

risks

associated

with

investing

directly

in

the

instruments

on

which

the

derivatives

are

based.

The

fund

values

its

derivatives

at

fair

value

and

recognizes

changes

in

fair

value

currently

in

its

results

of

operations.

Accordingly,

the

fund

does

not

follow

hedge

accounting,

even

for

derivatives

employed

as

economic

hedges.

Generally,

the

fund

accounts

for

its

derivatives

on

a

gross

basis.

It

does

not

offset

the

fair

value

of

derivative

liabilities

against

the

fair

value

of

derivative

assets

on

its

financial

statements,

nor

does

it

offset

the

fair

value

of

derivative

instruments

against

the

right

to

reclaim

or

obligation

to

return

collateral.

The

following

table

summarizes

the

fair

value

of

the

fund's

derivative

instruments

held

as

of

April

30,

2025,

and

the

related

location

on

the

accompanying

Statement

of

Assets

and

Liabilities,

presented

by

primary

underlying

risk

exposure:

Additionally,

the

amount

of

gains

and

losses

on

derivative

instruments

recognized

in

fund

earnings

during

the

six

months ended

April

30,

2025,

and

the

related

location

on

the

accompanying

Statement

of

Operations

is

summarized

in

the

following

table

by

primary

underlying

risk

exposure:

($000s)

#### Location

#### on

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Fair

#### Value

#### Liabilities
Equity

derivatives

Options

Written

$

Total

$

($000s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

#### Location

#### of

#### Gain
(Loss)

#### on

#### Statement

#### of

#### Operations

#### Options

#### Written

#### Realized

#### Gain
(Loss)

Equity

derivatives

$

6,966

Total

$

6,966

T. ROWE

PRICE

International

Stock

Fund

#### Counterparty

#### Risk

#### and

#### Collateral
The

fund

invests

in

derivatives,

such

as

non-cleared

bilateral

swaps,

forward

currency

exchange

contracts,

and/or

OTC

options,

that

are

transacted

and

settle

directly

with

a

counterparty

(bilateral

derivatives),

and

thereby

may

expose

the

fund

to

counterparty

risk.

To

mitigate

this

risk,

the

fund

has

entered

into

master

netting

arrangements

(MNAs)

with

certain

counterparties

that

permit

net

settlement

under

specified

conditions

and,

for

certain

counterparties,

also

require

the

exchange

of

collateral

to

cover

mark-to-market

exposure.

MNAs

may

be

in

the

form

of

International

Swaps

and

Derivatives

Association

master

agreements

(ISDAs)

or

foreign

exchange

letter

agreements

(FX

letters).

MNAs

govern

the

ability

to

offset

amounts

the

fund

owes

a

counterparty

against

amounts

the

counterparty

owes

the

fund

(net

settlement).

Both

ISDAs

and

FX

letters

generally

allow

termination

of

transactions

and

net

settlement

upon

the

occurrence

of

contractually

specified

events,

such

as

failure

to

pay

or

bankruptcy.

In

addition,

ISDAs

specify

other

events,

the

occurrence

of

which

would

allow

one

of

the

parties

to

terminate.

For

example,

a

downgrade

in

credit

rating

of

a

counterparty

below

a

specified

rating

would

allow

the

fund

to

terminate,

while

a

decline

in

the

fund's

net

assets

of

more

than

a

specified

percentage

would

allow

the

counterparty

to

terminate.

Upon

termination,

all

transactions

with

that

counterparty

would

be

liquidated

and

a

net

termination

amount

determined.

ISDAs

typically

include

collateral

agreements

whereas

FX

letters

do

not.

Collateral

requirements

are

determined

daily

based

on

the

net

aggregate

unrealized

gain

or

loss

on

all

bilateral

derivatives

with

each

counterparty,

subject

to

minimum

transfer

amounts

that

typically

range

from

$100,000

to

$250,000.

Any

additional

collateral

required

due

to

changes

in

security

values

is

typically

transferred

the

next

business

day.

Collateral may

be

in

the

form

of

cash

or

debt

securities

issued

by

the

U.S.

government

or

related

agencies,

although

other

securities

may

be

used

depending

on

the

terms

outlined

in

the

applicable

MNA.

Cash

posted

by

the

($000s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

#### Location

#### of

#### Gain
(Loss)

#### on

#### Statement

#### of

#### Operations

#### Options

#### Written

#### Change

#### in

#### Unrealized

#### Gain
(Loss)

Equity

derivatives

$

(3,174)

Total

$

(3,174)

T. ROWE

PRICE

International

Stock

Fund

fund

is

reflected

as

cash

deposits

in

the

accompanying

financial

statements

and

generally

is

restricted

from

withdrawal

by

the

fund;

securities

posted

by

the

fund

are

so

noted

in

the

accompanying

Portfolio

of

Investments;

both

remain

in

the

fund's

assets.

Collateral

pledged

by

counterparties

is

not

included

in

the

fund's

assets

because

the

fund

does

not

obtain

effective

control

over

those

assets.

For

bilateral

derivatives,

collateral

posted

or

received

by

the

fund

is

held

in

a

segregated

account

at

the

fund's

custodian.

While

typically

not

sold

in

the

same

manner

as

equity

or

fixed

income

securities,

OTC

and

bilateral

derivatives

may

be

unwound

with

counterparties

or

transactions

assigned

to

other

counterparties

to

allow

the

fund

to

exit

the

transaction.

This

ability

is

subject

to

the

liquidity

of

underlying

positions. As

of

April

30,

2025,

cash of

$142,000

had

been

posted

by

the

fund

to

counterparties

for

bilateral

derivatives. As

of

April

30,

2025,

no

collateral

was

pledged

by

counterparties

to

the

fund

for

bilateral

derivatives.

#### Options
The

fund

is

subject

to equity

price

risk in

the

normal

course

of

pursuing

its

investment

objectives

and

uses

options

to

help

manage

such

risk.

The

fund

may

use

options

to

manage

exposure

to

security

prices,

interest

rates,

foreign

currencies,

and

credit

quality;

as

an

efficient

means

of

adjusting

exposure

to

all

or

a

part

of

a

target

market;

to

enhance

income;

as

a

cash

management

tool;

or

to

adjust

credit

exposure.

The

fund

may

buy

or

sell

options

that

can

be

settled

either

directly

with

the

counterparty

(OTC

option)

or

through

a

central

clearinghouse

(exchange-traded

option).

Options

are

included

in

net

assets

at

fair

value,

options

purchased

are

included

in

Investments

in

Securities,

and

options

written

are

separately

reflected

as

a

liability

on

the

accompanying

Statement

of

Assets

and

Liabilities.

Premiums

on

unexercised,

expired

options

are

recorded

as

realized

gains

or

losses

on

the

accompanying

Statement

of

Operations;

premiums

on

exercised

options

are

recorded

as

an

adjustment

to

the

proceeds

from

the

sale

or

cost

of

the

purchase.

The

difference

between

the

premium

and

the

amount

received

or

paid

in

a

closing

transaction

is

also

treated

as

realized

gain

or

loss

on

the

accompanying

Statement

of

Operations.

In

return

for

a

premium

paid,

call

and

put

options

give

the

holder

the

right,

but

not

the

obligation,

to

purchase

or

sell,

respectively,

a

security

at

a

specified

exercise

price. Risks related

to

the

use

of

options

include

possible

illiquidity

of

the

options

markets;

trading

restrictions

imposed

by

an

exchange

or

counterparty;

possible

failure

of

counterparties

to

meet

the

terms

of

the

agreements;

movements

in

the

underlying

asset

values

and,

for

options

written,

the

potential

for

losses

to

exceed

any

premium

received

by

the

fund.

During

the

six

months ended

April

30,

2025,

the

volume

of

the

fund's

activity

in

options,

based

on

underlying

notional

amounts,

was

generally

less

than

1%

of

net

assets.

T. ROWE

PRICE

International

Stock

Fund

#### NOTE

#### 4

#### -

#### OTHER

#### INVESTMENT

#### TRANSACTIONS
Consistent

with

its

investment

objective, the

fund

engages

in

the

following

practices

to

manage

exposure

to

certain

risks

and/or

to

enhance

performance.

The

investment

objective,

policies,

program,

and

risk

factors

of the

fund

are

described

more

fully

in the

fund's prospectus

and

Statement

of

Additional

Information.

#### Emerging

#### and

#### Frontier

#### Markets
The fund

invests,

either

directly

or

through

investments

in

other

T. Rowe

Price

funds,

in

securities

of

companies

located

in,

issued

by

governments

of,

or

denominated

in

or

linked

to

the

currencies

of

emerging

and

frontier

market

countries.

Emerging

markets,

and

to

a

greater

extent

frontier

markets, tend

to

have

economic

structures

that

are

less

diverse

and

mature,

less

developed

legal

and

regulatory

regimes,

and

political

systems

that

are

less

stable,

than

those

of

developed

countries.

These

markets

may

be

subject

to

greater

political,

economic,

and

social

uncertainty

and

differing

accounting

standards

and

regulatory

environments

that

may

potentially

impact

the

fund's

ability

to

buy

or

sell

certain

securities

or

repatriate

proceeds

to

U.S.

dollars.

Emerging

markets

securities

exchanges

are

more

likely

to

experience

delays

with

the

clearing

and

settling

of

trades,

as

well

as

the

custody

of

holdings

by

local

banks,

agents,

and

depositories.

Such

securities

are

often

subject

to

greater

price

volatility,

less

liquidity,

and

higher

rates

of

inflation

than

U.S.

securities.

Investing

in

frontier

markets

is

typically

significantly

riskier

than

investing

in

other

countries,

including

emerging

markets.

#### Restricted

#### Securities
The

fund

invests

in

securities

that

are

subject

to

legal

or

contractual

restrictions

on

resale.

Prompt

sale

of

such

securities

at

an

acceptable

price

may

be

difficult

and

may

involve

substantial

delays

and

additional

costs.

#### Lending
The fund

may

lend

its

securities

to

approved

borrowers

to

earn

additional

income.

Its

securities

lending

activities

are

administered

by

a

lending

agent

in

accordance

with

a

securities

lending

agreement.

Security

loans

generally

do

not

have

stated

maturity

dates,

and

the

fund

may

recall

a

security

at

any

time.

The

fund

receives

collateral

in

the

form

of

cash

or

U.S.

government

securities.

Collateral

is

maintained

over

the

life

of

the

loan

in

an

amount

not

less

than

the

value

of

loaned

securities;

any

additional

collateral

required

due

to

changes

in

security

values

is

delivered

to

the

fund

the

next

business

day.

Cash

collateral

is

invested

in

accordance

with

investment

guidelines

approved

by

fund

management.

Additionally,

the

lending

agent

indemnifies

the

fund

against

losses

resulting

from

borrower

default.

Although

risk

is

mitigated

by

the

collateral

and

indemnification,

the

fund

could

experience

a

delay

in

recovering

its

T. ROWE

PRICE

International

Stock

Fund

securities

and

a

possible

loss

of

income

or

value

if

the

borrower

fails

to

return

the

securities,

collateral

investments

decline

in

value,

and

the

lending

agent

fails

to

perform.

Securities

lending

revenue

consists

of

earnings

on

invested

collateral

and

borrowing

fees,

net

of

any

rebates

to

the

borrower,

compensation

to

the

lending

agent,

and

other

administrative

costs.

In

accordance

with

GAAP,

investments

made

with

cash

collateral

are

reflected

in

the

accompanying

financial

statements,

but

collateral

received

in

the

form

of

securities

is

not.

At

April

30,

2025,

the

value

of

loaned

securities

was

$144,997,000;

the

value

of

cash

collateral

and

related

investments

was

$153,388,000.

#### Other
Purchases

and

sales

of

portfolio

securities

other

than

in-kind

transactions,

if

any,

and short-term securities

aggregated $2,808,316,000 and

$3,650,466,000,

respectively,

for

the

six

months ended

April

30,

2025. #### NOTE

#### 5

#### -

#### FEDERAL

#### INCOME

#### TAXES
Generally,

no

provision

for

federal

income

taxes

is

required

since

the

fund

intends

to continue

to

qualify

as

a

regulated

investment

company

under

Subchapter

M

of

the

Internal

Revenue

Code

and

distribute

to

shareholders

all

of

its taxable

income

and

gains.

Distributions

determined

in

accordance

with

federal

income

tax

regulations

may

differ

in

amount

or

character

from

net

investment

income

and

realized

gains

for

financial

reporting

purposes.

Financial

reporting

records

are

adjusted

for

permanent

book/tax

differences

to

reflect

tax

character

but

are

not

adjusted

for

temporary

differences.

The

amount

and

character

of

tax-basis

distributions

and

composition

of

net

assets

are

finalized

at

fiscal

year-end;

accordingly,

tax-basis

balances

have

not

been

determined

as

of

the

date

of

this

report.

At

April

30,

2025,

the

cost

of

investments

(including

derivatives,

if

any)

for

federal

income

tax

purposes

was

$9,591,894,000.

Net

unrealized

gain

aggregated

$3,988,044,000

at

period-end,

of

which

$4,324,965,000

related

to

appreciated

investments

and

$336,921,000

related

to

depreciated

investments.

T. ROWE

PRICE

International

Stock

Fund

#### NOTE

#### 6

#### -

#### FOREIGN TAXES
The

fund

is

subject

to

foreign

income

taxes

imposed

by

certain

countries

in

which

it

invests.

Additionally,

capital

gains

realized

upon

disposition

of

securities

issued

in

or

by

certain

foreign

countries

are

subject

to

capital

gains

tax

imposed

by

those

countries.

All

taxes

are

computed

in

accordance

with

the

applicable

foreign

tax

law,

and,

to

the

extent

permitted,

capital

losses

are

used

to

offset

capital

gains.

Taxes

attributable

to

income

are

accrued

by

the

fund

as

a

reduction

of

income.

Current

and

deferred

tax

expense

attributable

to

capital

gains

is

reflected

as

a

component

of

realized

or

change

in

unrealized

gain/

loss

on

securities

in

the

accompanying

financial

statements.

To

the

extent

that

the

fund

has

country

specific

capital

loss

carryforwards,

such

carryforwards

are

applied

against

net

unrealized

gains

when

determining

the

deferred

tax

liability.

Any

deferred

tax

liability

incurred

by

the

fund

is

included

in

either

Other

liabilities

or

Deferred

tax

liability

on

the

accompanying

Statement

of

Assets

and

Liabilities.

#### NOTE

#### 7

#### -

#### RELATED

#### PARTY

#### TRANSACTIONS
The

fund

is

managed

by

T. Rowe

Price

Associates,

Inc.

(Price

Associates),

a

wholly

owned

subsidiary

of

T. Rowe

Price

Group,

Inc.

(Price

Group). Price

Associates

has

entered

into

a

sub-advisory

agreement(s)

with

one

or

more

of

its

wholly

owned

subsidiaries,

to

provide

investment

advisory

services

to

the

fund.

The

investment

management

agreement

between

the

fund

and

Price

Associates

provides

for

an

annual

investment

management

fee,

which

is

computed

daily

and

paid

monthly. The

fee

consists

of

an

individual

fund

fee,

equal

to

0.35%

of

the

fund's

average

daily

net

assets,

and

a

group

fee.

The

group

fee

rate

is

calculated

based

on

the

combined

net

assets

of

certain

mutual

funds

sponsored

by

Price

Associates

(the

group)

applied

to

a

graduated

fee

schedule,

with

rates

ranging

from

0.48%

for

the

first

$1

billion

of

assets

to

0.260%

for

assets

in

excess

of

$845

billion.

The

fund's

group

fee

is

determined

by

applying

the

group

fee

rate

to

the

fund's

average

daily

net

assets. At

April

30,

2025,

the

effective

annual

group

fee

rate

was

0.28%. Price

Associates

has

agreed

to

permanently

waive

a

portion

of

the

fund's

annual

investment

management

fee

in

order

to

limit

the

fund's

management

fees

to

0.70%

of

the

fund's

average

daily

net

assets.

This

agreement

can

only

be

modified

or

terminated

with

approval

by

the

fund's

shareholders.

The

fund

has

no

obligation

to

repay

fees

waived

under

this

arrangement. No

management

fees

were

waived

under

this

arrangement

for

the

six

months ended

April

30,

2025. T. ROWE

PRICE

International

Stock

Fund

The

Investor

Class,

Advisor

Class,

and

R

Class

are

each

subject

to

a

contractual

expense

limitation

through

the

expense

limitation

date

indicated

in

the

table

below.

This

agreement

will

continue

through

the

expense

limitation

dates

indicated

in

the

table

below,

and

may

be

renewed,

revised,

or

revoked

only

with

approval

of

the

fund's

Board.

During

the

limitation

period,

Price

Associates

is required

to

waive

or

pay

any

expenses

(excluding

interest;

expenses

related

to

borrowings,

taxes,

and

brokerage;

non-recurring,

extraordinary

expenses;

and

acquired

fund

fees

and

expenses)

that

would

otherwise

cause

the class's ratio

of

annualized

total

expenses

to

average

net

assets

(net

expense

ratio)

to

exceed

its

expense

limitation.

Each

class

is

required

to

repay

Price

Associates

for

expenses

previously

waived/paid

to

the

extent

the

class's net

assets

grow

or

expenses

decline

sufficiently

to

allow

repayment

without

causing

the class's net

expense

ratio

(after

the

repayment

is

taken

into

account)

to

exceed

the

lesser

of:

(1) the

expense

limitation

in

place

at

the

time

such

amounts

were

waived;

or

(2) the class's

current

expense

limitation.

However,

no

repayment

will

be

made

more

than

three

years

after

the

date

of

a

payment

or

waiver.

The

I

Class

is

also

subject

to

an

operating

expense

limitation

(I

Class

Limit)

pursuant

to

which

Price

Associates

is

contractually

required

to

pay

all

operating

expenses

of

the

I

Class,

excluding

management

fees;

interest;

expenses

related

to

borrowings,

taxes,

and

brokerage; non-recurring,

extraordinary expenses; and

acquired

fund

fees

and

expenses, to

the

extent

such

operating

expenses,

on

an

annualized

basis,

exceed

the

I

Class

Limit. This

agreement

will

continue

through

the

expense

limitation

date

indicated

in

the

table

below,

and

may

be

renewed,

revised,

or

revoked

only

with

approval

of

the

fund's

Board.

The

I

Class

is

required

to

repay

Price

Associates

for

expenses

previously

paid

to

the

extent

the

class's

net

assets

grow

or

expenses

decline

sufficiently

to

allow

repayment

without

causing

the

class's

operating

expenses

(after

the

repayment

is

taken

into

account)

to

exceed

the

lesser

of:

(1) the

I

Class

Limit

in

place

at

the

time

such

amounts

were

paid;

or

(2) the

current

I

Class

Limit.

However,

no

repayment

will

be

made

more

than

three

years

after

the

date

of

a

payment

or

waiver.

The

Z

Class

is

also

subject

to

a

contractual

expense

limitation

agreement

whereby

Price

Associates

has

agreed

to

waive

and/or

bear

all

of

the

Z

Class'

expenses

(excluding

interest;

expenses

related

to

borrowings,

taxes,

and

brokerage;

non-recurring,

extraordinary

expenses;

and

acquired

fund

fees

and

expenses)

in

their

entirety.

This

fee

waiver

and/or

expense

reimbursement

arrangement

is

expected

to

remain

in

place

indefinitely,

and

the

agreement

may

T. ROWE

PRICE

International

Stock

Fund

only

be

amended

or

terminated

with

approval

by

the

fund's

Board.

Expenses

of

the

fund

waived/paid

by

the

manager

are

not

subject

to

later

repayment

by

the

fund.

Pursuant

to

these

agreements,

expenses

were waived/paid

by

and/or

repaid

to

Price

Associates

during

the six

months

ended April

30,

2025 as

indicated

in

the

table

below.

Including

these

amounts,

expenses

previously

waived/paid

by

Price

Associates

in

the

amount

of $342,000 remain

subject

to

repayment

by

the

fund

at

April

30,

2025. Any

repayment

of

expenses

previously

waived/paid

by

Price

Associates

during

the

period

would

be

included

in

the

net

investment

income

and

expense

ratios

presented

on

the

accompanying

Financial

Highlights.

In

addition,

the

fund

has

entered

into

service

agreements

with

Price

Associates

and

two

wholly

owned

subsidiaries

of

Price

Associates,

each

an

affiliate

of

the

fund

(collectively,

Price).

Price

Associates

provides

certain

accounting

and

administrative

services

to

the

fund.

T. Rowe

Price

Services,

Inc.

provides

shareholder

and

administrative

services

in

its

capacity

as

the

fund's

transfer

and

dividend-disbursing

agent.

T. Rowe

Price

Retirement

Plan

Services,

Inc.

provides

subaccounting

and

recordkeeping

services

for

certain

retirement

accounts

invested

in

the

Investor

Class,

R

Class

and

Advisor

Class.

For

the

six

months

ended

April

30,

2025,

expenses

incurred

pursuant

to

these

service

agreements

were

$59,000

for

Price

Associates;

$1,099,000

for

T. Rowe

Price

Services,

Inc.;

and

$90,000

for

T. Rowe

Price

Retirement

Plan

Services,

Inc.

All

amounts

due

to

and

due

from

Price,

exclusive

of

investment

management

fees

payable,

are

presented

net

on

the

accompanying

Statement

of

Assets

and

Liabilities.

#### Investor

#### Class

#### Advisor

#### Class

#### R

#### Class

#### I

#### Class

#### Z

#### Class
Expense

limitation/I

Class

Limit

0.99%

1.24%

1.40%

0.05%

0.00%

Expense

limitation

date

12/31/27

12/31/27

12/31/27

12/31/27

N/A

(Waived)/

repaid

during

the

period

($000s)

$—

$—

$(69)

$(59)

$(31,034)

T. ROWE

PRICE

International

Stock

Fund

T. Rowe

Price

Investment

Services,

Inc.

(Investment

Services)

serves

as

distributor

to

the

fund.

Pursuant

to

an

underwriting

agreement,

no

compensation

for

any

distribution

services

provided

is

paid

to

Investment

Services

by

the

fund

(except

for

12b-1

fees

under

a

Board-approved

Rule

12b-1

plan).

Additionally,

the

fund

is

one

of

several

mutual

funds

in

which

certain

college

savings

plans

managed

by

Price

Associates invests.

As

approved

by

the

fund's

Board

of

Directors,

shareholder

servicing

costs

associated

with

each

college

savings

plan

are

borne

by

the

fund

in

proportion

to

the

average

daily

value

of

its

shares

owned

by

the

college

savings

plan.

Price

has

agreed

to waive/reimburse

shareholder

servicing

costs in

excess

of

0.05%

of

the

fund's

average

daily

value

of

its

shares

owned

by

the

college

savings

plan.

Any

amounts

waived/

paid

by

Price

under

this

voluntary

agreement

are

not

subject

to

repayment

by

the

fund.

Price

may

amend

or

terminate

this

voluntary

arrangement

at

any

time

without

prior

notice.

For

the

six

months ended

April

30,

2025,

the

fund

was

charged $89,000 for

shareholder

servicing

costs

related

to

the

college

savings

plans, of

which

$35,000

was

for

services

provided

by

Price.

All

amounts

due

to

and

due

from

Price,

exclusive

of

investment

management

fees

payable,

are

presented

net

on

the

accompanying

Statement

of

Assets

and

Liabilities. At

April

30,

2025,

approximately

18%

of

the

outstanding

shares

of

the

I

Class

were

held

by

college

savings

plans.

Mutual

funds,

trusts,

and

other

accounts

managed

by

Price

Associates

or

its

affiliates

(collectively,

Price

Funds

and

accounts)

may

invest

in

the

fund.

No

Price

fund

or

account

may

invest

for

the

purpose

of

exercising

management

or

control

over

the

fund.

At

April

30,

2025, 100%

of

the

Z

Class's

outstanding

shares

were

held

by

Price

Funds

and

accounts.

The fund

may

invest

its

cash

reserves

in

certain

open-end

management

investment

companies

managed

by

Price

Associates

and

considered

affiliates

of

the

fund:

the

T. Rowe

Price

Government

Reserve

Fund

or

the

T. Rowe

Price

Treasury

Reserve

Fund,

organized

as

money

market

funds

(together,

the

Price

Reserve

Funds).

The

Price

Reserve

Funds

are

offered

as

short-term

investment

options

to

mutual

funds,

trusts,

and

other

accounts

managed

by

Price

Associates

or

its

affiliates

and

are

not

available

for

direct

purchase

by

members

of

the

public.

Cash

collateral

from

securities

lending,

if

any,

is

invested

in

the

T. Rowe

Price

Government

Reserve Fund. The

Price

Reserve

Funds

pay

no

investment

management

fees.

The fund may

participate

in

securities

purchase

and

sale

transactions

with

other

funds

or

accounts

advised

by

Price

Associates

(cross

trades),

in

accordance

with

procedures

adopted

by the

fund's

Board

and

Securities

and

Exchange

T. ROWE

PRICE

International

Stock

Fund

Commission

rules,

which

require,

among

other

things,

that

such

purchase

and

sale

cross

trades

be

effected

at

the

independent

current

market

price

of

the

security.

During

the

six

months

ended

April

30,

2025,

the

fund

had

no

purchases

or

sales

cross

trades

with

other

funds

or

accounts

advised

by

Price

Associates.

#### NOTE

#### 8

#### -

#### SEGMENT

#### REPORTING
Operating segments

are

defined

as

components

of

a

company

that

engage

in

business

activities

and

for

which

discrete

financial

information

is

available

and

regularly

reviewed

by

the

chief

operating

decision

maker

(CODM)

in

deciding

how

to

allocate

resources

and

assess

performance.

The

Management

Committee

of

Price

Associates

acts

as

the

fund's

CODM.

The

fund

makes

investments

in

accordance

with

its

investment

objective

as

outlined

in

the

Prospectus

and

is

considered

one

reportable

segment

because

the

CODM

allocates

resources

and

assesses

the

operating

results

of

the

fund

on

the

whole.

The

fund's

revenue

is

derived

from

investments

in

a

portfolio

of

securities.

The

CODM

allocates

resources

and

assesses

performance

based

on

the

operating

results

of

the

fund,

which

is

consistent

with

the

results

presented

in

the

statement

of

operations,

statement

of

changes

in

net

assets

and

financial

highlights.

The

CODM

compares

the

fund's

performance

to

its

benchmark

index

and

evaluates

the

positioning

of

the

fund

in

relation

to

its

investment

objective.

The

measure

of

segment

assets

is

net

assets

of

the

fund

which

is

disclosed

in

the

statement

of

assets

and

liabilities.

The accounting

policies

of

the

segment

are

the

same

as

those

described

in

the

summary

of

significant

accounting

policies.

The

financial

statements

include

all

details

of

the

segment

assets,

segment

revenue

and

expenses;

and

reflect

the

financial

results

of

the

segment.

#### NOTE

#### 9

#### -

#### OTHER

#### MATTERS
Unpredictable environmental,

political,

social

and

economic

events,

including

but

not

limited

to,

environmental

or

natural

disasters,

war

and

conflict

(including

Russia's

military

invasion

of

Ukraine

and

the

conflict

in

Israel,

Gaza

and

surrounding

areas),

terrorism,

geopolitical

developments

(including

trading

and

tariff

arrangements,

sanctions

and

cybersecurity

attacks),

and

public

health

epidemics

(including

the

global

outbreak

of

COVID-19)

and

similar

public

health

T. ROWE

PRICE

International

Stock

Fund

threats,

may

significantly

affect

the

economy

and

the

markets

and

issuers

in

which

a

fund

invests.

The

extent

and

duration

of

such

events

and

resulting

market

disruptions

cannot

be

predicted.

These

and

other

similar

events

may

cause

instability

across

global

markets,

including

reduced

liquidity

and

disruptions

in

trading

markets,

while

some

events

may

affect

certain

geographic

regions,

countries,

sectors,

and

industries

more

significantly

than

others,

and

exacerbate

other

pre-existing

political,

social,

and

economic

risks.

The

fund's

performance

could

be

negatively

impacted

if

the

value

of

a

portfolio

holding

were

harmed

by

these

or

such

events.

Management

actively

monitors

the

risks

and

financial

impacts

arising

from

such

events.

T. ROWE

PRICE

International

Stock

Fund

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
Each

year,

the

fund's

Board

of

Directors

(Board)

considers

the

continuation

of

the

investment

management

agreement

(Advisory

Contract)

between

the

fund

and

its

investment

adviser,

T. Rowe

Price

Associates,

Inc.

(Adviser),

as

well

as

the

investment

subadvisory

agreement

(Subadvisory

Contract)

that

the

Adviser

has

entered

into

with

T. Rowe

Price

International

Ltd

(Subadviser)

on

behalf

of

the

fund.

In

that

regard,

at

a

meeting

held

on

March

12–13,

2025

(Meeting),

the

Board,

including

all

of

the

fund's

independent

directors

present

in

person

at

the

Meeting,

approved

the

continuation

of

the

fund's

Advisory

Contract

and

Subadvisory

Contract.

At

the

Meeting,

the

Board

considered

the

factors

and

reached

the

conclusions

described

below

relating

to

the

selection

of

the

Adviser

and

Subadviser

and

the

approval

of

the

Advisory

Contract

and

Subadvisory

Contract.

The

independent

directors

were

assisted

in

their

evaluation

of

the

Advisory

Contract

and

Subadvisory

Contract

by

independent

legal

counsel

from

whom

they

received

separate

legal

advice

and

with

whom

they

met

separately.

In

providing

information

to

the

Board,

the

Adviser

was

guided

by

a

detailed

set

of

requests

for

information

submitted

by

independent

legal

counsel

on

behalf

of

the

independent

directors.

In

considering

and

approving

the

continuation

of

the

Advisory

Contract

and

Subadvisory

Contract,

the

Board

considered

the

information

it

believed

was

relevant,

including,

but

not

limited

to,

the

information

discussed

below.

The

Board

considered

not

only

the

specific

information

presented

in

connection

with

the

Meeting,

but

also

the

knowledge

gained

over

time

through

interaction

with

the

Adviser

and

Subadviser

about

various

topics.

The

Board

meets

regularly

and,

at

each

of

its

meetings,

covers

an

extensive

agenda

of

topics

and

materials

and

considers

factors

that

are

relevant

to

its

annual

consideration

of

the

renewal

of

the

T. Rowe

Price

funds'

advisory

contracts,

including

performance

and

the

services

and

support

provided

to

the

funds

and

their

shareholders.

#### Services

#### Provided

#### by

#### the

#### Adviser

#### and

#### Subadviser
The

Board

considered

the

nature,

quality,

and

extent

of

the

services

provided

to

the

fund

by

the

Adviser

and

Subadviser.

These

services

included,

but

were

not

limited

to,

directing

the

fund's

investments

in

accordance

with

its

investment

program

and

the

overall

management

of

the

fund's

portfolio,

as

well

as

a

variety

of

related

activities

such

as

financial,

investment

operations,

and

administrative

services;

compliance;

maintaining

the

fund's

records

and

registrations;

and

shareholder

communications.

The

Board

also

reviewed

the

background

and

experience

of

the

Adviser's

and

Subadviser's

senior

management

teams

and

investment

personnel

involved

in

the

management

of

the

fund,

as

well

as

the

Adviser's

compliance

record.

The

Board

concluded

that

the

information

it

considered

with

respect

to

the

nature,

quality,

and

extent

of

the

services

provided

by

the

Adviser

and

Subadviser,

as

well

as

the

other

factors

considered

at

the

Meeting,

supported

the

Board's

approval

of

the

continuation

of

the

Advisory

Contract

and

Subadvisory

Contract.

T. ROWE

PRICE

International

Stock

Fund

#### Investment

#### Performance

#### of

#### the

#### Fund
The

Board

took

into

account

discussions

with

the

Adviser

and

detailed

reports

that

it

regularly

receives

throughout

the

year

on

relative

and

absolute

performance

for

the

T. Rowe

Price

funds.

In

connection

with

the

Meeting,

the

Board

reviewed

information

provided

by

the

Adviser

that

compared

the

fund's

total

returns,

as

well

as

a

wide

variety

of

other

previously

agreed-upon

performance

measures

and

market

data,

against

relevant

benchmark

indexes

and

peer

groups

of

funds

with

similar

investment

programs

for

various

periods

through

December

31,

2024. Additionally,

the

Board

reviewed

the

fund's

relative

performance

information

as

of

September

30,

2024,

which

ranked

the

returns

of

the

fund's

Investor

Class

for

various

periods

against

a

universe

of

funds

with

similar

investment

programs

selected

by

Broadridge,

an

independent

provider

of

mutual

fund

data.

In

the

course

of

its

deliberations,

the

Board

considered

performance

information

provided

throughout

the

year

and

in

connection

with

the

Advisory

Contract

review

at

the

Meeting,

as

well

as

information

provided

during

investment

review

meetings

conducted

with

portfolio

managers

and

senior

investment

personnel

during

the

course

of

the

year

regarding

the

fund's

performance.

The

Board

also

considered

relevant

factors,

such

as

overall

market

conditions

and

trends

that

could

adversely

impact

the

fund's

performance,

length

of

the

fund's

performance

track

record,

and

how

closely

the

fund's

strategies

align

with

its

benchmarks

and

peer

groups.

The

Board

concluded

that

the

information

it

considered

with

respect

to

the

fund's

performance,

as

well

as

the

other

factors

considered

at

the

Meeting,

supported

the

Board's

approval

of

the

continuation

of

the

Advisory

Contract.

#### Costs,

#### Benefits,

#### Profits,

#### and

#### Economies

#### of

#### Scale
The

Board

reviewed

detailed

information

regarding

the

revenues

received

by

the

Adviser

under

the

Advisory

Contract

and

other

direct

and

indirect

benefits

that

the

Adviser

(and

its

affiliates,

including

the

Subadviser)

may

have

realized

from

its

relationship

with

the

fund,

including

any

research

received

under

soft-dollar

arrangements

with

broker-dealers.

In

considering

soft-dollar

arrangements,

the

Board

noted

that,

effective

January

1,

2024,

the

Adviser

began

using

brokerage

commissions

in

connection

with

certain

T. Rowe

Price

funds'

securities

transactions

to

pay

for

research

when

permissible,

and

the

Board

considered

that

the

Adviser

may

receive

some

benefit

from

soft-dollar

arrangements

pursuant

to

which

research

is

received

from

broker-dealers

that

execute

the

applicable

fund's

portfolio

transactions.

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
(continued)

T. ROWE

PRICE

International

Stock

Fund

The

Board

received

information

on

the

estimated

costs

incurred

and

profits

realized

by

the

Adviser

from

managing

the

T. Rowe

Price

funds.

The

Board

also

reviewed

estimates

of

the

profits

realized

from

managing

the

fund

in

particular,

and

the

Board

concluded

that

the

Adviser's

profits

were

reasonable

in

light

of

the

services

provided

to

the

fund.

The

Board

also

considered

whether

the

fund

benefits

under

the

fee

levels

set

forth

in

the

Advisory

Contract

or

otherwise

from

any

economies

of

scale

realized

by

the

Adviser.

Under

the

Advisory

Contract,

the

fund

pays

a

fee

to

the

Adviser

for

investment

management

services

composed

of

two

components

–

a

group

fee

rate

based

on

the

combined

average

net

assets

of

most

of

the

T. Rowe

Price

funds

(including

the

fund)

that

declines

at

certain

asset

levels

and

an

individual

fund

fee

rate

based

on

the

fund's

average

daily

net

assets

–

and

the

fund

pays

its

own

expenses

of

operations.

Under

the

Subadvisory

Contract,

the

Adviser

may

pay

the

Subadviser

up

to

60%

of

the

advisory

fees

that

the

Adviser

receives

from

the

fund.

The

group

fee

schedule

is

graduated

so

the

rate

decreases

as

total

T. Rowe

Price

fund

assets

increase

and

increases

as

total

T. Rowe

Price

fund

assets

decrease.

As

a

result,

shareholders

benefit

from

overall

growth

in

T. Rowe

Price

fund

assets,

which

reduces

the

management

fee

rate

for

any

fund

that

has

a

group

fee

component

to

its

management

fee,

and

reflects

that

certain

resources

utilized

to

operate

the

fund

are

shared

with

other

T. Rowe

Price

funds

thus

allowing

shareholders

of

those

funds

to

share

potential

economies

of

scale.

The

fund's

individual

fund

fee

contains

a

breakpoint

that

reduces

the

individual

fund

fee

rate

once

the

fund's

assets

reach

a

certain

level

and

provides

additional

opportunities

for

sharing

potential

economies

of

scale.

The

fund's

shareholders

also

benefit

from

potential

economies

of

scale

through

a

decline

in

certain

operating

expenses

as

the

fund

grows

in

size.

However,

the

fund

is

also

subject

to

a

contractual

expense

limitation

that

requires

the

Adviser

to

waive

its

fees

and/or

bear

any

expenses

that

would

otherwise

cause

the

expenses

of

a

share

class

of

the

fund

to

exceed

a

certain

percentage

based

on

the

class's

net

assets.

The

expense

limitations

mitigate

the

potential

for

an

increase

in

operating

expenses

above

a

certain

level

that

could

impact

shareholders.

The

fund

also

offers

a

Z

Class,

which

serves

as

an

underlying

investment

within

certain

T. Rowe

Price

fund

of

fund

arrangements.

The

Adviser

waives

its

advisory

fee

on

the

Z

Class

and

waives

or

bears

the

Z

Class's

other

operating

expenses,

with

certain

exceptions.

The

Board

considered

whether

the

advisory

fee

and

operating

expense

waivers

on

the

Z

Class

may

present

a

means

for

cross-

subsidization

of

the

Z

Class

by

other

share

classes

of

the

fund.

In

that

regard,

the

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
(continued)

T. ROWE

PRICE

International

Stock

Fund

Board

noted

that

the

Z

Class

operating

expenses

are

covered

by

the

all-inclusive

fees

charged

by

the

investing

T. Rowe

Price

fund

of

funds

and

that

any

Z

Class

operating

expenses

not

covered

by

the

investing

T. Rowe

Price

funds

of

funds'

fees

are

paid

by

the

Adviser

and

not

by

shareholders

of

any

other

share

class

of

the

fund.

In

addition,

the

Board

noted

that

the

fund

potentially

shares

in

indirect

economies

of

scale

through

the

Adviser's

ongoing

investments

in

its

business

in

support

of

the

T. Rowe

Price

funds,

including

investments

in

trading

systems,

technology,

and

regulatory

support

enhancements,

and

the

ability

to

possibly

negotiate

lower

fee

arrangements

with

third-party

service

providers.

The

Board

concluded

that

the

advisory

fee

structure

for

the

fund

provides

for

a

reasonable

sharing

of

benefits

from

any

economies

of

scale

with

the

fund's

investors.

#### Fees

#### and

#### Expenses
The

Board

was

provided

with

information

regarding

industry

trends

in

management

fees

and

expenses.

Among

other

things,

the

Board

reviewed

data

for

peer

groups

that

were

compiled

by

Broadridge,

which

compared:

(i) contractual

management

fees,

actual

management

fees,

nonmanagement

expenses,

and

total

expenses

of

the

Investor

Class

of

the

fund

with

a

group

of

competitor

funds

selected

by

Broadridge

(Investor

Class

Expense

Group);

(ii) actual

management

fees

and

total

expenses

of

the

Advisor

Class

of

the

fund

with

a

group

of

competitor

funds

selected

by

Broadridge

(Advisor

Class

Expense

Group);

and

(iii) actual

management

fees,

nonmanagement

expenses,

and

total

expenses

of

the

Investor

Class

of

the

fund

with

a

broader

set

of

funds

within

the

Lipper

investment

classification

(Expense

Universe).

The

Board

considered

the

fund's

contractual

management

fee

rate,

actual

management

fee

rate

(which

reflects

the

management

fees

actually

received

from

the

fund

by

the

Adviser

after

any

applicable

waivers,

reductions,

or

reimbursements),

operating

expenses,

and

total

expenses

(which

reflect

the

net

total

expense

ratio

of

the

fund

after

any

waivers,

reductions,

or reimbursements)

in

comparison

with

the

information

for

the

Broadridge

peer

groups.

Broadridge

generally

constructed

the

peer

groups

by

seeking

the

most

comparable

funds

based

on

similar

investment

classifications

and

objectives,

expense

structure,

asset

size,

and

operating

components

and

attributes

and

ranked

funds

into

quintiles,

with

the

first

quintile

representing

the

funds

with

the

lowest

relative

expenses

and

the

fifth

quintile

representing

the

funds

with

the

highest

relative

expenses.

Broadridge

compared

the

fund

against

other

relevant

international

multi-cap

growth

funds.

The

information

provided

to

the

Board

for

international

multi-cap

growth

funds

indicated

that

the

fund's

contractual

management

fee

ranked

in

the

first

quintile

(Investor

Class

Expense

Group),

the

fund's

actual

management

fee

rate

ranked

in

the

second

quintile

(Investor

Class

Expense

Group

and

Expense

Universe)

and

first

quintile

(Advisor

Class

Expense

Group),

and

the

fund's

total

expenses

ranked

in

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
(continued)

T. ROWE

PRICE

International

Stock

Fund

the

second

quintile

(Investor

Class

Expense

Group

and

Expense

Universe)

and

first

quintile

(Advisor

Class

Expense

Group).

At

the

Adviser's

request,

Broadridge

also

compared

the

fund

against

other

relevant

international

large-cap

growth

funds.

The

information

provided

to

the

Board

for

international

large-cap

growth

funds

indicated

that

the

fund's

contractual

management

fee

ranked

in

the

first

quintile

(Investor

Class

Expense

Group),

the

fund's

actual

management

fee

rate

ranked

in

the

first

quintile

(Investor

Class

Expense

Group)

and

second

quintile

(Expense

Universe

and

Advisor

Class

Expense

Group),

and

the

fund's

total

expenses

ranked

in

the

third

quintile

(Investor

Class

Expense

Group),

second

quintile

(Expense

Universe),

and

first

quintile

(Advisor

Class

Expense

Group).

The

Board

also

reviewed

the

fee

schedules

for

other

investment

portfolios

with

similar

mandates

that

are

advised

or

subadvised

by

the

Adviser

and

its

affiliates,

including

separately

managed

accounts

for

institutional

and

individual

investors;

subadvised

funds;

and

other

sponsored

investment

portfolios,

including

collective

investment

trusts

and

pooled

vehicles

organized

and

offered

to

investors

outside

the

United

States.

The

fee

schedules,

which

are

subject

to

change,

may

be

negotiated

under

certain

circumstances

and

may

differ

across

regions.

Management

provided

the

Board

with

information

about

the

Adviser's

responsibilities

and

services

provided

to

subadvisory

and

other

institutional

account

clients,

including

information

about

how

the

requirements

and

economics

of

the

institutional

domestic

and

international

businesses

are

fundamentally

different

from

those

of

the

proprietary

mutual

fund

and

ETF

("registered

fund")

business.

The

Board

considered

information

showing

that

the

Adviser's

registered

fund

business

is

generally

more

complex

from

a

business

and

compliance

perspective

than

its

other

domestic

and

international

businesses

and

considered

various

relevant

factors,

such

as

the

broader

scope

of

operations

and

oversight,

more

extensive

shareholder

communication

infrastructure,

greater

asset

flows,

heightened

business

risks,

and

differences

in

applicable

laws

and

regulations

associated

with

the

Adviser's

proprietary

registered

fund

business.

In

assessing

the

reasonableness

of

the

fund's

management

fee

rate,

the

Board

considered

the

differences

in

the

nature

of

the

services

required

for

the

Adviser

to

manage

its

registered

fund

business

versus

managing

a

discrete

pool

of

assets

as

a

subadviser

to

another

institution's

mutual

fund

or

for

an

institutional

account

and

that

the

Adviser

generally

performs

significant

additional

services

and

assumes

greater

risk

in

managing

the

fund

and

other

T. Rowe

Price

funds

than

it

does

for

institutional

account

clients,

including

subadvised

funds.

On

the

basis

of

the

information

provided

and

the

factors

considered,

the

Board

concluded

that

the

fees

paid

by

the

fund

under

the

Advisory

Contract

are

reasonable.

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
(continued)

T. ROWE

PRICE

International

Stock

Fund

#### Approval

#### of

#### the

#### Advisory

#### Contract

#### and

#### Subadvisory

#### Contract
As

noted,

the

Board

approved

the

continuation

of

the

Advisory

Contract

and

Subadvisory

Contract.

No

single

factor

was

considered

in

isolation

or

to

be

determinative

to

the

decision.

Rather,

the

Board

concluded,

in

light

of

a

weighting

and

balancing

of

all

factors

considered,

that

it

was

in

the

best

interests

of

the

fund

and

its

shareholders

for

the

Board

to

approve

the

continuation

of

the

Advisory

Contract

and

Subadvisory

Contract

(including

the

fees

to

be

charged

for

services

thereunder).

#### APPROVAL

#### OF

#### INVESTMENT

#### MANAGEMENT

#### AGREEMENT

#### AND

#### SUBADVISORY

#### AGREEMENT
(continued)

1307

Point

Street

Baltimore,

Maryland

21231

T. Rowe

Price

Investment

Services,

Inc.

*Call* 

*1-800-225-5132* 

*to* 

*request* 

*a* 

*prospectus* 

*or* 

*summary* 

*prospectus;* 

*each* 

*includes* 

*investment* 

*objectives,* 

*risks,* 

*fees,* 

*expenses,* 

*and* 

*other* 

*information* 

*that* 

*you* 

*should* 

*read* 

*and* 

*consider* 

*carefully* 

*before* 

*investing.*

F37-051

6/25

------

#### Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.
Not applicable.

#### Item 9. Proxy Disclosures for Open-End Management Investment Companies.
Not applicable.

#### Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.
Remuneration paid to Directors is included in Item 7 of this Form N-CSR.

#### Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
If applicable, see Item 7.

#### Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.

#### Item 13. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.

#### Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.

#### Item 15. Submission of Matters to a Vote of Security Holders.
There has been no change to the procedures by which shareholders may recommend nominees to the registrant's board of directors.

#### Item 16. Controls and Procedures.
(a) The registrant's principal executive officer and principal financial officer have evaluated the registrant's disclosure controls and procedures within 90 days of this filing and have concluded that the registrant's disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-CSR was recorded, processed, summarized, and reported timely.

(b) The registrant's principal executive officer and principal financial officer are aware of no change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

#### Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.

#### Item 18. Recovery of Erroneously Awarded Compensation.
Not applicable.

#### Item 19. Exhibits.

---

| | |
|:---|:---|
| (a)(1) | The registrant's code of ethics pursuant to Item 2 of Form N-CSR is filed with the registrant's annual Form N-CSR. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) | Listing standards relating to recovery of erroneously awarded compensation: Not applicable. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) | [Separate certifications by the registrant's principal executive officer and principal financial officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.](d97571dex99cert.htm) |
| (b) | [A certification by the registrant's principal executive officer and principal financial officer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and required by Rule 30a-2(b) under the Investment Company Act of 1940, is attached.](d97571dex99906ce.htm) |

---

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| T. Rowe Price International Funds, Inc. | T. Rowe Price International Funds, Inc. |
| By | /s/ David Oestreicher |
|  | David Oestreicher |
|  | Principal Executive Officer |
| Date | June 17, 2025 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By | /s/ David Oestreicher |
|  | David Oestreicher |
|  | Principal Executive Officer |
| Date | June 17, 2025 |
| By | /s/ Alan S. Dupski |
|  | Alan S. Dupski |
|  | Principal Financial Officer |
| Date | June 17, 2025 |

---

## Ex-99.Cert

**Item 19. (a)(3)** 

**<u>CERTIFICATIONS</u>**

I, David Oestreicher, certify that:

1. I have reviewed this report on Form N-CSR of T. Rowe Price
International Stock Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role
in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: June 17, 2025 | /s/ David Oestreicher |
|  | David Oestreicher |
|  | Principal Executive Officer |

---

------

**<u>CERTIFICATIONS</u>**

I, Alan S. Dupski, certify that:

1. I have reviewed this report on Form N-CSR of T. Rowe Price
International Stock Fund;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role
in the registrant's internal control over financial reporting.

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| | |
|:---|:---|
| Date: June 17, 2025 | /s/ Alan S. Dupski |
|  | Alan S. Dupski |
|  | Principal Financial Officer |

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## Exhibit 99.906

**Item 19. (b)** 

**CERTIFICATION UNDER SECTION 906 OF SARBANES-OXLEY ACT OF 2002** 

Name of Issuer: T. Rowe Price International Stock Fund

In connection with the Report on Form N-CSR for the above named Issuer, the undersigned hereby certifies, to the best of his knowledge, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange
Act of 1934;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Issuer.

---

| | |
|:---|:---|
| Date: June 17, 2025 | /s/ David Oestreicher |
|  | David Oestreicher |
|  | Principal Executive Officer |
| Date: June 17, 2025 | /s/ Alan S. Dupski |
|  | Alan S. Dupski |
|  | Principal Financial Officer |

---