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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be provided or granted by the relevant Licensors, including the following: (a) the supply and/or licensing to the Licensee of Data (“Data Agreement”); (b) the granting to the Licensee of rights to Distribute certain Index Values to End Users (“Intra-day Index Values Distribution Agreement” ); (c) the licensing to the Licensee of certain Marks for use by the Licensee in relation to the Licensee’s funds or other financial products (“Funds/Products Agreement”) ; (d) the granting to the Licensee of rights to Distribute certain Data to Subscribers (“ End-of-day Distribution Agreement” ); and (e) the granting to the Licensee of rights to Distribute certain Data (not limited to Index Values) to End Users (“End User Distribution Agreement”). In order for the Licensee to receive a Service under a Licence Agreement, the Licensee will need to enter into one or more Order Forms under the relevant Licence Agreement. 2.3 Each Order Form:

(a)	will incorporate:

(i)	the terms of the Licence Agreement under which it is entered into;

(ii)	the terms of this Framework Agreement; and

(iii)	where the Order Form is in respect of Services relating to CUSIP data, SEDOLS data and Tokyo Stock Exchange
data, such applicable additional terms as are available at http://www.ftse.com/products/downloads/FTSE Additional Terms.pdf
(which additional terms shall, for the purposes of the Services Contract relating to such Services only, be deemed a part of this Framework
Agreement); and in the event of a conflict between such terms and this Framework Agreement, this Framework Agreement shall govern; and

(b)	will form a separate contract between the Licensee and the relevant Licensor (a “Services Contract”).

2.4	No Licensor shall be deemed a party to, or have any rights or obligations in respect
of, a Services Contract entered into between any other Licensor and the Licensee. Under no circumstance will any two or more Licensors
be held jointly and severally liable for any of their obligations under any Services Contract.

2.5	Neither the Licensee nor the Licensor shall be obliged by this Framework Agreement
to enter into any Licence Agreement or Order Form. The Licensor shall not be obliged to provide any Service to the Licensee and the Licensee
shall not be obliged to pay any charges to the Licensor, except to the extent provided for by an Order Form.

3.	Provision of Services

Limitations

3.1	The Licensor may at any time suspend the Services or any part of them if the Licensor
reasonably believes that this is necessary to maintain the security or integrity of one or more Services or the Licensor’s operations
or to prevent their misuse by any person. In any such case, the Licensor shall use its reasonable endeavours to:

(a)	notify the Licensee in writing of the suspension as soon as reasonably practicable,
and where practicable, of the reason for the suspension and its expected duration; and

(b)	reinstate access or operation, upon written notice
where reasonably practicable, once there is no longer any threat to the security or integrity of any Services, or Licensor’s operations
or any threat of their misuse .

3.2	The Licensee acknowledges that the provision of the
Services is dependent upon data and communications from multiple
third parties and may be subject to interruption. In the event of any such interruption, Licensor’s sole obligations will be to use reasonable
endeavours to :

(a)	notify the Licensee (by publishing the relevant information on the Licensor’s website
or otherwise) of the interruption and, where practicable, of the reason for the interruption and its expected duration; and

(b)	rectify (or arrange for the rectification of) any
problem within the Licensor’s control giving rise to the interruption.

3.3	The Licensor may at any time, and without any liability to the Licensee (save
in respect of the pro-rata refund referred to below), terminate the provision of any Service (or part of it) if provision of such Service:

(a)	is dependent on the supply of information or service by a third party and the
third party does not supply such information or service for any reason;

(b)	becomes illegal, or contrary to any Laws;

(c)	is subject to a Claim or allegation that the Licensor or the provision or use of
such Service infringes the Intellectual Property Rights of a third party;

(d)	is generally suspended or terminated by the Licensor across its business: or

(e)	cannot be provided on a reasonably similar terms
due to any reason beyond the Licensor’s reasonable control.

3.4	If the Licensor terminates the
provision of any Service (or part of it) under clause 3.3:

(a)	the Licensee may terminate the relevant Services Contract by giving a notice to
the Licensor within one month of the date on which the provision of the Service terminated (and after the expiry of such period, the Licensee’s
termination right will lapse); and

(b)	the Licensee must stop using such Service;

(c)	if such terminated Service is the provision of the Data, then:

(i)	the Licensee may request a pro-rata refund of any pre-paid Charges in relation
to such terminated Service; and

(ii)	the relevant Services Contract will continue (with the Charges amended accordingly),
unless the provision of all Data under such Services Contract is terminated, in which case the Services Contract as a whole will also
terminate.

3.5	The Licensor may at any time:

(a)	change the composition or method of calculation of any Index or Data;

(b)	change:

(i)	the method of transmission of;

(ii)	the means of delivery of; or

(iii)	the means of access to; any Service; or

(c)	update any Index, in which case the relevant Services Contract will apply to the most updated versions
of the relevant Indices specified in the relevant Order Form.

3.6	If requested to do so by the Licensor in writing, the Licensee will:

(a)	amend;

(b)	stop the distribution of; and

(c)	as far as it is lawfully entitled to do so, recall;

any informational, advertising
or promotional material relating or referring to the Licensor, or any Service that (in the reasonable opinion of the Licensor):

(i)	is, or has been transmitted in a way that is, in breach of the Services Contract;

(ii)	has or may have a materially adverse effect on the reputation of the Licensor, any of its Group Companies
or any of the Licensor’s other licensors;

(iii)	does not comply with the relevant Attribution Requirements; or

(iv)	puts the Licensor at risk of breaching any Laws.

This clause will apply even if Licensor
has previously been notified of, or approved, the material concerned. For the avoidance of doubt, the Licensee may not make any reference
to any Service in any promotional or marketing material unless expressly permitted under the relevant Services Contract or otherwise expressly
permitted by the Licensor.

3.7	In connection with its receipt and/or use of any Service, the Licensee shall at all times (a) use the full name of each relevant Index and not an abbreviation; and (b)
include the relevant notices and disclaimers set out in the Attribution Requirements with reasonable prominence. The Licensor may
change the Attribution Requirements from time to time.

Third Parties

3.8	The Licensee agrees that where any Data contains data provided by an Information
Provider, the Licensee may at any time be required by such Information Provider as a condition to receiving (or continuing to receive)
the Data to do any of the following:

(a)	enter into a direct licence agreement with the relevant Information Provider;

(b)	agree to additional terms provided by the relevant Information Provider; and/or

(c)	pay additional charges to the relevant Information Provider.

3.9	The Licensee shall reasonably co-operate with the Licensor and/or the relevant
Information Provider in connection with compliance with the Information Provider’s written requirements provided to Licensee. If the Licensee
does not satisfy any such requirements, then the Licensor may upon notice and without any liability to the Licensee, immediately terminate
the Services Contract to which 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: