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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any capacity as an investment advisor; and (d) uses the Data solely to manage the Subscriber’s or End User’s own personal investments Non-Professional Usage the use of Data in a personal capacity to manage personal funds; Notional Value the total issued and outstanding notional or principal amount of a Licensed Product, including any increase in such notional or principal amount occurring during any relevant period; Order Form an order form entered into between a Licensor and the Licensee specifying the type of Services to be provided, applicable Charges and other related terms and conditions; Partner Index an Index created pursuant to a collaboration between a Licensor and any third party; Permitted Distribution Channel those methods, channels or other means by which the Licensor may license the Licensee to Distribute Data, as identified in the applicable License Agreement and the relevant Order Form entered into by the Licensor and the Licensee;

Product	options,
bonds, warrants, certificates, swaps, forward contracts and contracts for differences (whether traded “over the counter” or
listed on an investment exchange or other recognised trading venue) or other structured financial products and investments, which are
issued by the Licensee (or if applicable any of its
Affiliates) and the performance of which is intended to be linked to the performance of one or more
indices for a Fixed Term, but “Product” shall not include:
(a)     futures;
(b)     options
on futures;
(c)     cash settled options;
(d)     securities options;
(e)     OTC
products;

where any of the
foregoing are listed or traded on an investment exchange or other recognised trading venue and/or centrally cleared;
Funds or Exchange Traded Funds or investment products which, or the units or shares of which, are listed or traded on an investment
exchange or other recognised trading venue;
any product which is linked to the performance
of any Index comprised in the Licensor’s FTSE China Index Series from time to
time , and which, or the units or shares of which, are listed or
traded on an investment exchange
or other recognised trading venue; or
for the purposes of an In - Scope Multiple Product Licence
or an In-Scope Single Product Licence, Exchange Traded Notes.

Professional Subscriber	any Subscriber or End User (as the case may be) who is not a Non-Professional Subscriber;

Quarter	the period of time between one Quarter Date and the immediately following one in any calendar year:

Quarter Date	each of the following dates: 31 March, 30 June, 30 September and 31 December in any year;

Ratings	any ratings data specified in an Order Form;

Renewal Term	defined in clause 10 . 1(c) ;

Report Charges	the charges applicable to reports as specified in the relevant Order Forms;

Reporting Schedule	in respect of a Licence Agreement, the form of Licensor’s reporting requirements as set out in the schedule headed “Reporting Schedule” therein;

Retail Fund	an investment trust, unit trust, investment company or any other scheme, in each case the units or shares of which are authorised or approved by the applicable regulatory authority or under applicable Law as being available to private or retail customers as defined under applicable Law. A Retail Fund shall not include an Exchange Traded Fund.

Securities Laws	all applicable securities laws and regulations, and the rules of any regulatory body or any other governmental or self- regulating organisation for the time being in force to which any activity of the Licensee is subject from time to time;

Service(s)	all information, rights and services to be provided or licensed by a Licensor pursuant to a Services Contract between such Licensor and the Licensee including, where so provided for in the relevant Services Contract, the Data, the Indices, the Marks, the Manipulated Data, the Customised Indices , and the provision, publication or transmission of any of these, and the rights (if any) granted to the Licensee to make the relevant prescribed use of any these including rights to create the Manipulated Data and/or the Customised Indices and rights to Distribute the Data;

Services Contract	defined in clauses 2 . 3;

Site	the physical address designated in an Order Form and at which the related Service is authorised for use by the Licensee and/or its Affiliates (where such Affiliates are named in the relevant Order Form);

Standard Index	any Index that is not an Alternatively Weighted
Index
(including equally weighted or super
liquid variants of such Indices), or any other Index that the Licensor classifies as a “Standard Index” from time to time;

Subscriber	any person who has entered into a written contract with the Licensor for the receipt of Data to it via the Licensee;

Subscriber Agreement	a licence agreement signed by the Licensor and a Subscriber under which Subscriber is entitled to receive Data from the Licensee;

System	any computer system owned, operated or used by or on behalf of the Licensee or to which the Licensee has access and through which Data is delivered or via which Data or may be accessed;

Term	in relation to a Services Contract, the period from the Commencement Date to the Termination Date;

Termination Date	in relation to a Services Contract, the date on which that Services Contract comes to an end;

Territory(ies)	in relation to a Services Contract, the country(ies) specified as such in the related Order Form;

URL Distribution	Distribution of Data via one or more URLs;

USD	United States Dollars or the prevailing currency of the United States of America from time to time;

Wholly Owned Index	an Index that is developed and owned exclusively by the Licensor.

19.2	Unless otherwise expressly specified in this Framework Agreement, or a Licence Agreement or Order Form,
as applicable:

(a)	headings used are intended for convenience of reference only and shall not be used
to construe the meaning of any provisions;

(b)	reference to “the Licensor” means the Licensor which is a party
to the relevant Services Contract;

(c)	reference to a person includes a company, partnership, firm, corporation or other
entity (whether or not having a separate legal personality) as well as a natural person;

(d)	reference to any agreement includes reference to the appendices, schedules and other
documents attached to it or incorporated by reference into it, and shall be deemed a reference to such agreement as amended or replaced
from time to time;

(e)	words “including”, “include”, “such as” ,
“in particular”, “for example” and similar shall be treated as being by way of example and shall not limit
the general applicability of any preceding words;

(f)	the singular includes the plural and vice versa;

(g)	reference to any legislation shall be to that legislation as amended, extended
or re-enacted from time to time and to any subordinate provision made under that legislation; and

(h)	references in any agreement to clause numbers, schedules or appendices shall be
to those in such agreement.

19.3	In respect of a Services Contract, if and to the extent that there is a conflict
between the terms of the Order Form, the Licence Agreement and/or this Framework Agreement, it shall be interpreted in accordance with
the following decreasing order of precedence:

(a)	the “Other Provisions” (or equivalent) section of the Order Form;

(b)	any other terms of the Order Form;

(c)	the Data Agreement; and

(d)	the relevant Licence Agreement (other than the Data Agreement);

(e)	this Framework Agreement.

Schedule 2

(this Schedule applies only if it
is specifically referenced in the relevant Licence Agreement)

TERMS TO BE COMPLIED WITH BY END
USERS

The Licensee must ensure that the following terms (at a minimum) are
incorporated into an agreement with, or terms of use binding upon, each End User:

(1)	All End Users shall only be permitted to view the Data internally. No other use of the Data shall be
permitted.

(2)	For the avoidance of doubt (but without limitation to the foregoing):

(a)	the End User shall not copy, store, sell, license, distribute, transmit or duplicate
to any third party or to any person (including within the End User’s organisation) any Data or any part thereof in any form or by
any means;

(b)	the End User shall not derive, recalculate, combine with other data or otherwise
modify the Data, create history and/or distribute such derived, recalculated, combined or modified Data or history to any third party;

(c)	the End User shall not make the Data available on any website or in an application,
or to the public via the internet or otherwise;

(d)	the End User shall not use the Data for the purpose of:

(i)	creating and/or operating (whether by itself or by any third party) any financial
product, index or service which seeks to match the performance of or whose capital and/or income value is related to the Data or any part
thereof;