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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the requirements relate or, if reasonably possible, cease providing the applicable Data to the Licensee. 3.10 If the Licensee uses a Delivery Agent’s services to access any Data, the Licensee agrees that the Licensee does so at its own risk and cost and that the Licensor shall have no liability for any acts or omissions of the Delivery Agent. No solicitation or investment advice 3.11 The Licensee acknowledges that the provision by the Licensor of any Service is not, and shall not be treated as, any advertisement or offer for, or solicitation or recommendation to buy or sell, any securities or any other financial products. The Licensor’s publication or provision of any Service in no way suggests or implies an opinion by the Licensor or its third party licensors as to the attractiveness of investment in any securities or any other financial products. 3.12 The Licensee acknowledges and agrees that:

(a)	the Licensor has not given any investment advice or made any claim as to the suitability
of any Service for any use (including of any Index for use in connection with any listed or unlisted funds, financial products or investments);
and

(b)	the Licensee has or will make its own assessment as to the suitability of a Service
(including any Index) for any use the Licensee makes of ii (and the Licensee is qualified to make such assessment or has received suitable
independent advice).

Affiliates

3.13	The Licensor may permit the use of the Services and the rights granted in respect
of the Services provided under an Order Femi to any of the Licensee’s Affiliates specifically named in such Order Femi provided that:

(a)	the Licensee shall procure that each such Affiliate complies with the relevant
Services Contract (other than as to payment obligations, for which the Licensee shall remain solely liable) including any restrictions
on the use of any Services;

(b)	any act or omission of an Affiliate in breach of the relevant Services Contract
(or that would breach the relevant Services Contract if it were an act or omission of the Licensee) will be treated as if it were a breach
by the Licensee and the Licensee shall be liable to Licensor in respect of such breach;

(c)	nothing in this clause or in any the Services Contract grants any right to an
Affiliate as a third party beneficiary under any applicable Laws; accordingly, only the Licensee (and not an Affiliate) may enforce any
right against the Licensor arising under or in relation to the Services Contract, provided that any loss or damage suffered or incurred
by an Affiliate and that would have been recoverable by the Licensee had it been suffered or incurred by the Licensee shall be recoverable
by the Licensee;

(d)	the Licensee shall ensure that no Affiliate shall take any action against the
Licensor to enforce any right conferred on such Affiliate under this Agreement; and

(e)	all notices served by the Licensor upon the Licensee shall be deemed to be served
at the same time upon all relevant Affiliates unless otherwise stated in the relevant notice.

4.	System and security

4.1	The Licensee shall be responsible for having and maintaining an appropriate System
(either directly or via a Delivery Agent), that is suitable to receive and/or enable the use of the Data and obtaining any licences for
any third party software required to use that System). The Licensor shall not be liable in any circumstances for any Losses (including
indirect or consequential loss or damage) arising directly or indirectly out of:

(a)	the incompatibility or failure of the System with or in relation to the Data or
provision of Data or any of the Licensor’s or Delivery Agent’s operational systems; and/or

(b)	the use or misuse by the Licensee or Delivery Agent of the System or any software.

4.2	If the Licensor provides the Licensee with one or more passwords or other security
measure in connection with a Service, then:

(a)	the Licensee shall make sure that the passwords are used by authorised staff of
the Licensee solely for the purpose of obtaining access to the Service in accordance with the relevant Services Contract, kept confidential
and not used by any unauthorised person or in any unauthorised way;

(b)	the Licensor may change passwords from time to time and will notify the Licensee
of any such changes;

(c)	the Licensee shall comply with any written security procedures or technical requirements in relation to the Services that are reasonably
specified by the Licensor; and

the Licensee shall inform Licensor
as soon as possible if the Licensee has reason to believe that the safety, security or confidentiality of any such password or Service
has been or may be compromised.

5.	Assistance and audit

5.1	The Licensee must notify the Licensor immediately in writing if the Licensee acquires,
is acquired by and/or merges with another legal entity. Following such acquisition or merger, the Licensor shall have the option to either:

(a)	upon notice to the Licensee, and without any liability to the Licensee, terminate
any or all Services Contracts with the Licensee if, in the Licensor’s reasonable opinion, such merger or acquisition is likely to have
an adverse business and/or reputational consequences for the Licensor or any of its Group Companies; or

(b)	increase the Charges under any or all Services Contracts with the Licensee to reflect
the change in circumstances (provided that this shall be subject to the Licensee’s right to terminate each relevant Services Contract
in accordance with clause 10.6).

5.2	The Licensor may request the Licensee to certify that the Licensee is in compliance
with the terms of each Services Contract and request such information as is relevant to confirm the same. The Licensee shall respond promptly
to any such request from the Licensor by providing the required certification and information, subject to the Licensor’s obligations of
confidentiality under this Agreement.

5.3	While any Services Contract is in force and for a
period of 12 months after the termination of the last Services Contract entered into between the Licensee and the Licensor, the Licensee
shall permit the Licensor and/or its employees, auditors or agents,
subject to signature of a non-disclosure agreement, during the Licensee’s regular business hours on not less than 14 days’ prior written
notice, to:

(a)	have access to and to inspect the Licensee’s accounts, records and other documents
and information that are directly relevant or otherwise relate to the Licensee’s use of any Services (and the Licensee shall permit the
taking of a reasonable number of copies or extracts and on demand supply copies to the Licensor {and/or its employees, auditors or agents)
of such documents or information); and

(b)	have access to, and monitor the use of, the relevant portions of any System by
which Licensee has access to or otherwise uses the Services,

order to verify that the use of the Service by the licensee is in
accordance with the relevant Services Contract and that Charges have been calculated, charged and paid correctly. The Licensor shall maintain
the confidentiality of any and all information reviewed in the context of any such audit, in accordance with its obligations under clause
11 of this Agreement. The Licensor shall provide the Licensee with a copy of its audit findings upon written request.

5.4	In the event that the audit referred to in clause 5.3 shows there has been:

(a)	an under-payment of the Charges that should have been due from the Licensee for
the period covered by the audit; and/or

(b)	a breach of the Services Contract by the Licensee;

then, without prejudice
to any other right or remedy of the Licensor (but provided that the Licensor (i) provides to Licensee its principal findings of such audit;
(ii) considers in good faith any comments provided by Licensee within a reasonable time; and (iii) may not recover more than once for
the same loss), the Licensee shall pay to Licensor within 15 (fifteen) days of receipt of invoice the amount of any under-payment, together
with:

(c)	interest on such amount from the date when it should have been paid until the date
of payment (whether before or after judgement), at the Interest Rate; and

(d)	any reasonable costs and expenses incurred by Licensor
(on a full indemnity basis, and including reasonable auditors’ and lawyers’ fees and costs) in carrying out the audit, calculating the
correct Charges and collecting the amount of any under-payment (where applicable) .

6.	Representations · ,
Warranties, Covenants, Indemnification, Liability and Disclaimers

6.1	Each party represents, warrants and covenants that: (a) it shall perform its
obligations hereunder in compliance with all applicable Laws; and (b) neither the execution and delivery of any Services Contract,
nor its performance of its respective obligations under a Services Contract will violate or contravene the terms of any contract or
other agreement between such party and
any other third party or any outstanding judgment, order, injunction or Laws to which such party is subject.