SEC Filing Document

Company: T. Rowe Price Active Crypto ETF
Ticker: 
CIK: 2089855
Filing Type: S-1/A
Document Type: EX-99.1
Date Filed: 2026-04-27
Accession Number: 0001999371-26-009120
Exchange: 
SIC Code: 6221
SIC Description: Commodity Contracts Brokers & Dealers
URL: https://www.sec.gov/Archives/edgar/data/2089855/000199937126009120/ex99-1.htm

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party may terminate any Services Contract in accordance with any express terms of that Services Contract. 10.10 Upon termination of a Services Contract by a Licensor pursuant to clause 10.4 or clause 10.5, the Licensor may terminate any other Services Contract immediately by written notice to the Licensee, and any other Licensor may terminate any of its or their Service Contracts immediately by written notice to the Licensee. 10.11 Termination of a particular Services Contract for any reason, or termination of a Services Contract in respect of fewer than all the Services covered by such Services Contract, shall affect only that Services Contract (or that portion thereof, as applicable) and not any other Services Contracts (or other portion of the partially terminated Services Contract, as applicable). 10.12 Termination of a Services Contract for whatever reason shall not affect the accrued rights or liabilities of either party arising thereunder. 11. Confidentiality

11.1	The Licensor shall keep confidential any confidential information which the Licensee
supplies to the Licensor in connection with this Agreement and/or any Services Contract, including without limitation, the Licensee Data,
any information relating to Licensee AUM, any holdings data, trading and investment data, and any information reviewed by the Licensor
in the context of an audit under clause 5 hereof and the Licensee shall do the same in relation to any confidential information which
the Licensor supplies to the Licensee. For this purpose, confidential information will include the Data, know how and all information
of the other party, whether or not marked as being confidential or which otherwise is by its nature confidential. These obligations as
to confidentiality will not apply to any information which:

(a)	is available to the public other than because of any breach of a Services Contract;

(b)	is, when it is supplied, already known to whomever it is disclosed to in circumstances in which they
are not prevented from disclosing it to others;

(c)	is independently obtained by whomever it is disclosed to in circumstances in which they are not prevented
from disclosing it to others; or

(d)	is required to be disclosed by Law.

11.2	Either party may disclose confidential information (under conditions of confidence):

(a)	its auditors or lawyers or other professional advisers;

(b)	its Group Companies;

(c)	its employees, temporary staff, contractors or consultants (or those of its Group Companies) who strictly
need access to the information in order to enable the disclosing party to carry out any of its obligations under
the relevant Services Contract or exercise any of its rights under that Services Contract,

provided in each case that:

(i)	each such person to whom the disclosure is made is bound by written confidentiality
obligations similar to those contained herein; and

(ii)	the party disclosing such confidential information to such persons shall be fully
responsible for any breach of this clause by such persons as if it was a breach by that party.

12.	Data protection and privacy

12.1	Each party will comply with all applicable Data Protection Legislation in relation
to the processing of any personal data in connection with the performance of any Services Contract.

(a)	The Licensee acknowledges and agrees that the Licensor may disclose Personal Data
provided by, obtained from or relating to the Licensee or the Licensee’s staff (the “Licensee Data”) to organisations
within and outside of the Licensor’s Group Companies; provided, however, that Licensor shall ensure it complies with all applicable Data
Protection Legislation related theretoand, subject to Section 12.1,may export such Personal Data outside the European Economic Area to
the extent that this is necessary in order to enable the Licensor to provide the Services; or

12.2	is otherwise expressly authorised by any Services Contract. Subject to Section
12.1, the Licensee agrees that the Licensor may pass on the Licensee’s contact details and/or details of any Sites to any Information
Providers and Delivery Agents where the Licensor’s contract with such person in relation to a Service so requires.

13.	Charges

13.1	The Licensee shall pay the Charges as set out in, and in accordance with the terms
of, each Order Form.

13.2	The Licensor will invoice the Licensee for the Charges, which shall be payable within
30 (thirty) days of the date of the invoice.

13.3	The Licensor may charge interest on overdue payments both before and after any
judgment (as applicable) at the Interest Rate.

13.4	Other than as expressly stated in clause 3.4(c) of this Framework Agreement or
in the relevant Services Contract, no refund of any Charges will be given if a Services Contract terminates before the end of the period
to which the Charges relate, regardless of the reason for the termination or the circumstances in which it occurs.

13.5	The Charges as stated in each Order Form are exclusive of VAT or any other sales
tax, government imposed tax or any and all federal, state or other governmental taxes, duties, licenses, fees, excises or tariffs. Licensee
shall be responsible for the timely payment of, or reimburse Licensor within thirty days after receipt of written demand for, the full
amount of all such taxes (excluding any taxes on Licensor’s income). Where a tax deduction (such as withholding tax) is imposed by the
laws of the Licensee’s territory and the Licensee is required to make such deductions from a payment due to Licensor, then the amount
of the payment due from the Licensee to Licensor shall be increased to an amount, which after making such tax deductions leaves an amount
equal to the payment that would have been due to Licensor if no such tax deduction was applicable.

14.	Assignment and subcontracting

14.1	The Licensee may not assign or sub-license the benefit of any Services Contract
without the Licensor’s prior written consent. Any attempted assignment or sublicense in breach of this clause shall be of no effect. Subject
to that restriction, each Services Contract shall bind and benefit the Licensee and the Licensor and each of their successors and assigns.

14.2	The Licensor may assign or novate its rights and/or obligations under a Services
Contract to a third party in place of the Licensor and the Licensee hereby consents irrevocably to any such assignment or novation, provided
that the assignee or successor party agrees to the Licensor’s obligations in writing.

14.3	Subject to applicable Law, the Licensor may sub-contract the performance of any
of its obligations under a Services Contract, provided that this shall not relieve the Licensor from its obligations under such Services
Contract and provided further that except in any case where the prior affirmative consent of the Licensee is required by applicable Law,
the Licensor shall provide the Licensee with prompt written notice of any such sub-contracting when it comes to the handling of any Confidential
Information of the Licensee or any Licensee Data and the Licensor shall identify to the Licensee the name and geographic location of each
such subcontractor.

15.	Entire Agreement

15.1	Each Order Form, together with the Licence Agreement under which it is made and
the terms of this Framework Agreement, shall form the entire agreement in relation to the subject matter of the Order Form and shall supersede
any prior agreement or communication in relation to that subject matter.

15.2	Each party acknowledges that, in entering into a Services Contract, it has not
relied on any statement, representation, assurance or warranty of any person (whether a party to such Services Contract or not) other
than as expressly set out in such Services Contract.

15.3	The parties specifically agree that any language or provisions contained on any
party’s web site, paper or electronic ordering document, contained in any “shrink wrap” or “click wrap” agreement,
or delivered as an attachment to or a part of the Data, or attached to any billing or accounting document shall be of no force and effect
if such provisions conflict with the terms and conditions of any Services Contract.

16.	Failure or delay in performance

Neither party shall be liable
for failure or delay in the performance of any of its obligations under a Services Contract (except for the payment obligations and compliance
with restrictions on the use of any Services) to the extent that such failure or delay is caused by circumstances beyond its reasonable
control, including earthquake, hurricane, tornado, flood, severe weather, and other acts of God, riot, sanctions, embargoes, war, strike,
failure of transportation and/or public telecommunication networks. The Licensee acknowledges that, in relation to the Licensor, this
shall include the cessation of calculation or publication of the Data or Indices or any changes in the constituents, currency data or
the methodology used in calculation thereof, where such matters are decided upon by a government body, a regulator or an independent body
which Licensor does not control (for example, any independent committee which oversees the management of any relevant Indices).

17.	General

17.1	Co-signed Order Forms. If, for convenience, an Order Form is signed
by more than one Licensor, then: