Company Snapshot

A GLOBAL ASSET MANAGER FOCUSED ON CLIENT SUCCESS

T. Rowe Price is an independent investment management firm focused on helping clients meettheir objectives and achieve their long-term financial goals. Today, we manage assets across abroad range of active equity, fixed income and multi-asset investment strategies. Our global clientbase includes many of the world’s leading corporations, public retirement plans, foundations andfinancial intermediaries.

INTEGRITY TO PUT OUR CLIENTS’ INTERESTS FIRSTWe partner with our clients to find the best investment solutions for their needs and seek sustainable, long-term investment results ahead of short-term sales or asset growth.

INTELLECTUAL RIGOUR TO IDENTIFY THE BEST IDEASIndependent thinking, diversified perspectives and a collaborative culture help our professionals to identify attractive investment opportunities that others might overlook.

STABILITY TO DELIVER CONSISTENT OUTCOMESThe firm’s financial strength and stable leadership team enable us maintain a long-term view and continually reinvest in our business. This helps us to provide outstanding services and generate consistent investment performance for our clients.

§ Australia§ Canada§ China§ Denmark§ Germany§ Hong Kong

§ Italy§ Japan§ Luxembourg§ Netherlands§ Singapore§ Spain

§ Sweden§ Switzerland§ United Arab

Emirates§ United

Kingdom§ United States

Offices in 17 countries

EXPERIENCE

1937founded by

Thomas Rowe Price, Jr.

SCALE

1,998.6 AUD

billion in assets under management1

EXPERTISE

700+Global

Investment Team worldwide

RESOURCES

7,600+associates across

the globe

T. Rowe Price Offices

While changes in the investment and economic environment are inevitable, the basic principles that guide our business remain constant, focused on building long-term relationships through our enduring principles of integrity, intellectual rigour, and stability.

Strong Investment CapabilitiesT. Rowe Price offers a broad range of equity, fixed income andmulti-asset strategies across multiple asset classes, regions,capitalisations, sectors and styles. Our experience of investingthrough multiple market cycles contributes to an investmentstrategy which seeks to generate consistent performance for ourclients over the long-term.

Proprietary ResearchOur portfolio managers are backed by one of the industry’s largest and most experienced buy-side global research platforms. Insights from our proprietary research help us uncover the most attractive investments worldwide.

Collaborative CultureOur highly collaborative culture encourages a continuous exchange of ideas and information across the firm and enhances our ability to make more informed decisions for our clients.

ConsistencyWe believe investing for the long term helps generate more stable and reliable investment returns. We never compromise our investment style or adherence to client objectives to follow short-term market trends.

Attention to RiskWe conduct rigorous risk modelling, monitoring and formal reviews through every stage of the investment process. This enables our investment teams to take risks only when our analysis shows that we are being adequately compensated.

For more information about T. Rowe Price and our investment capabilities, please call our relationship management team.

1 As at 30 June 2021. Firmwide AUM includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates. Assets under management are calculated in U.S. dollars and converted to Australian dollars using an exchange rate determined by an independent third party..

All figures above are as of 30 June 2021unless otherwise stated.

Important InformationEquity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298 AFSL 240975) is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Stock Exchange (ASX:EQT). Equity Trustees and T. Rowe Price Australia Limited (“TRPAU”) (ABN: 13 620 668 895 and AFSL: 503741) are, respectively, the responsible entity and investment manager of the T. Rowe Price Australian Unit Trusts. A Target Market Determination for each T. Rowe Price Australian Unit Trust (or class of units in a Trust) is available here. A Target Market Determination is a document which is required to be made available from 5 October 2021. It describes who the financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where Equity Trustees Limited, the responsible entity of the T. Rowe Price Australian Unit Trusts may need to review the Target Market Determination for the financial product.Past performance is not a reliable indicator of future performance. The price of any fund may go up or down. Investment involves risk including a possible loss to the principal amount invested. For general information purposes only, does not take into account the investment objectives, financial situation or needs of any particular investor. For further details, please refer to each fund’s product disclosure statement and reference guide which are available from Equity Trustees (www.eqt.com.au/insto) or TRPAU (www.troweprice.com.au/investor).Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources’ accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date noted on the material and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price. This document has been prepared without taking account of any person’s individual objectives, financial situation or needs. A person should, before making any investment decisions, consider the appropriateness of the information in this document and seek independent professional advice having regard to their objectives, financial situation and needs. Any person should consider the relevant product disclosure statement (“PDS”) in relation to the fund(s) named in this document (if any) before making a decision in relation to the relevant product. Contact Equity Trustees Limited, the responsible entity and T. Rowe Price Australia Limited, the investment manager, for a copy of the PDS.© 2021 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/ or apart, trademarks of T. Rowe Price Group, Inc.

APAC-AU-2285 202108-1763577

GLOBAL EQUITYThe T. Rowe Price Global Equity Fund is managed by Scott Berg, out of Baltimore, US.

Global in the truest sense of the word –investing in 150-200 companies from developed, emerging and frontier markets.

Also available as a Hedged option.

The T. Rowe Price Global Impact Equity Fund is manged by Hari Balkrishna, out of London, UK.

Designed for impact and alpha –

Dual mandate portfolio which seeks both long-term capital appreciation as well as seeking to have a positive effect on the environment and society.

FIXED INCOMEThe T. Rowe Price Dynamic Global Bond Fund is managed by Arif Husain, out of London, UK. Diversification from Equities –a portfolio of global fixed-income securities aiming to deliver sustainable income and minimise downside risk.

The T. Rowe Price Global High Income Fund is managed by Michael Della Vedova, Michael Connelly and Samy Muaddi, out of London and Baltimore.Active approach to a truly global opportunity set –seeks high current income and capital appreciation by investing primarily in global, below-investment grade fixed income securities.

Available to Australian Investors

AUSTRALIAN EQUITYThe T. Rowe Price Australian Equity Fund is managed by Randal Jenneke, out of Sydney, Australia.

Active & High Conviction - a diversified bottom-up portfolio of 30-40 stocks, investing in the team’s most compelling, high conviction ideas, derived from local and global insights.