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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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:

(a)	the obligations and rights of each such Licensor in relation to the Licensee,
and the Licensee’s obligations and rights in relation to each such Licensor, under that Order Form will extend only to the particular
Service provided to the Licensee by that Licensor under that Order Form;

(b)	such Order Form forms a separate Services Contract between the Licensee and each
of the Licensors that signed that Order Form;

(c)	each such Licensor will only be liable to the Licensee (and the Licensee will
only be liable to each such Licensor) under the Services Contract to which the Licensor concerned is treated as being a party in accordance
with this clause 17.1, and not under any other Services Contract; and

(d)	those Licensors will not under any circumstances be jointly and severally liable
for all of the obligations under such co-signed Order Form.

17.2	No waiver. No waiver of any breach of any provision of a Services
Contract shall constitute a waiver of any prior, concurrent or subsequent breach of the same or any other provisions hereof, and no waiver
shall be effective unless made in writing and signed by an authorised representative of the waiving party.

17.3	Amendment in writing. Any modifications to each of this Framework
Agreement, any Licence Agreement and any Order Form can be only made in writing and signed by all of the parties to each such document.
Notwithstanding the foregoing, Licensor may amend the terms and conditions of any Services Contract on not less than 3 (three) months’
prior written notice. The Licensee may terminate the relevant Services Contract as of the date on which such amendment is intended to
take effect provided that the Licensee gives to the Licensor its written termination notice within 30 (thirty) days following the date
of Licensor’s notice of amendment. Upon request, the Licensee shall be entitled to a pro-rata refund of any Charges paid in advance in
respect of any period following the Termination Date of the relevant Services Contract.

17.4	Severability. If any provision of any Services Contract is held by
a court of competent jurisdiction to be illegal, invalid or unenforceable, the remaining provisions shall remain in full force and effect.

17.5	No partnership. None of this Framework Agreement, any Licence Agreement
or any Order Form, nor any terms or conditions contained therein, shall be construed as creating:

(a)	a fiduciary relationship of any kind between the parties or between the Licensor
and the Licensee’s clients, customers or prospective clients or customers; or

(b)	a partnership, franchise, joint venture, agency or employment relationship between
the parties.

17.6	Bribery. In pre-contract negotiations and in use of the licence
granted under any relevant Order Form, each of the Licensor and the Licensee confirms that it has and shall at all times comply with the
terms of the Bribery Act 2010 and the US Foreign Corrupt Practices Act.

17.7	Notice. Any notice or other document to be given under any Services
Contract shall be in writing and shall be served by sending the same by:

(a)	by email to: (i) in the case of the Licensor, sales@ftserussell.com or such other
email address as the Licensor may notify the Licensee in writing from time to time; or (ii) in the case of the Licensee, such email address
as the Licensee may notify the Licensor from time to time, and in each case, such notice or other document shall be deemed to have been
duly given upon the date of sending, unless such deemed receipt would occur on a Saturday
or Sunday or on a public holiday within the country of the recipient party, in which case, deemed receipt shall occur on the next business
day when banks are open for business in the country of the recipient party; or

(b)	provided that a copy is also sent by email in accordance with clause 17.7(a),
first class post, recorded delivery or reputable courier to the then current registered address of the relevant party, with a copy to
the general counsel. Where a notice or other document is delivered by email and by first class post or recorded delivery or reputable
courier, such notice or other document shall be deemed to be effective 5 (five) days after sending and any receipt issued by the postal
authorities or courier shall be conclusive proof of the fact and date of sending of any such notice.

17.8	Signing in counterparts. This Framework Agreement, each Licence
Agreement and each Order Form may be executed in one or more counterparts, by facsimile, or otherwise, and each counterpart shall be deemed
an original, but all of them together shall constitute one instrument.

17.9	Survival. All provisions of any Services Contract that may be reasonably
construed as surviving the expiration or any termination of that Services Contract, shall survive the expiration or any termination of
the Services Contract concerned. The provisions of schedule 1, clauses 3, 5 to 13, this clause 17.9, and clause 17.11 below will survive
the termination of this Framework Agreement and any Services Contract.

17.10	No third party rights. Except as expressly provided otherwise, no
term of any Services Contract is enforceable under the Contracts (Rights of Third Parties) Act 1999 or other applicable Laws by a person
who is not named as of the date of signature as a party to the Services Contract concerned.

17.11	Governing law.

This Framework Agreement, each
Licence Agreement and each Services Contract, including the questions of their validity, interpretation and effect and all disputes relating
thereto (whether arising from contract, tort or otherwise) shall be governed by English law (but not including its principles or rules
of conflict of laws), and the parties submit to the exclusive jurisdiction of the English courts in relation to any disputes arising under
or in relation to any Services Contract.

18.	Termination of Existing Agreements

Frank Russell Company and Licensee
agree that the Existing Agreement(s) shall terminate immediately upon execution of a Services Contract which provides the same or similar
Services as were provided under that Existing Agreement(s). Termination of the Existing Agreement(s) shall not prejudice or affect the
rights or remedies of either party under it arising prior to the Effective Date in respect of: (i) any breach of contract or claim or
demand that either party may have against the other pursuant to the terms of the Existing Agreement(s), where such breach, claim or demand
arose and was notified to the other party prior to the date of termination of the Existing Agreement(s); or (ii) any matter or provision
of the Existing Agreement(s) that expressly or impliedly survives termination.

By their signatures
below, and in consideration of the mutual agreements set out herein and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Licensee and the Licensor each agree to be bound by the terms or this Framework Agreement.

Signed for and on behalf of Signed for and on behalf of

FTSE INTERNATIONAL LIMITED by: FTSE TMX GLOBAL DEBT CAPITAL MARKETS, INC.

/s/ C. O’Shaughnessy /s/Reza Ghassemich

(signature) (signature)

C. O’Shaughnessy Reza Ghassemich

(print name) (print name)

MD Director

(position) (position)

12.6.17 21st June 2017

(date) (date)

Signed for and on behalf of Signed for and on behalf of

FRANK RUSSELL Company by: T. Rowe Price Associates, Inc. by:

/s/ Ron Bundy /s/ Rick Riccomini

(signature) (signature)

Ron Bundy Rick Riccomini

(print name) (print name)

CEO, NA Benchmarks Head of Market Data

(position) (position)

June 7, 2017 5/25/2017

(date) (date)

Schedule 1

Definitions and interpretation

19.	Definitions

19.1	In this Framework Agreement, each Licence Agreement and each Order Form, defined terms are as follows:

Access Device	Any device on which any Data may be displayed or otherwise communicated to the user of the device;

Affiliate	in respect of a Service, the entity designated as such in the related Order Form;