PRICE T ROWE GROUP INC

T. Rowe Price Group, Inc. announced amendments to its 2020 Long-Term Incentive Plan and the associated Notice of Grant. These changes, approved by the Executive Compensation and Management Development Committee, are designed to allow for the continued vesting of Plan awards for employees who experience certain involuntary terminations. Additionally, new vesting provisions have been incorporated into the Notice of Grant.

T. Rowe Price Group reported strong financial results for the second quarter of 2026, with diluted EPS increasing 28.6% to $2.88 and net income attributable to the group rising 25.1% to $632.0M. Net revenues grew 10.7% to $1,907.4M, driven by an 11.3% increase in investment advisory fees. The company's average Assets Under Management (AUM) also saw significant growth, up 15.7% to $1,837.7B. Additionally, the company consolidated a new collateralized loan obligation (CLO) offering during the quarter.

T. Rowe Price Group reported strong second quarter 2026 results with diluted EPS of $2.88, a 28.6% increase year-over-year, and record assets under management (AUM) of $1.9 trillion, up 12.9%. Net revenues rose 10.7% to $1.9074 billion. Despite net client outflows of $6.5 billion, the company returned $441 million to stockholders and is expanding its ETF and SMA business. A $6.7 million restructuring charge was incurred for expense management.

T. Rowe Price Group announced several leadership appointments to advance its strategy, enhance innovation, and deepen its focus on client outcomes. Eric Veiel has been appointed President, Co-Head of Global Investments, and Chief Investment Officer, effective immediately. Sébastien Page will become Co-head of Global Investments and Chief Investment Officer, effective June 1, and Wyatt Lee will take over as Head of Global Multi-Asset on October 1. Rob Sharps will continue in his role as Chair and Chief Executive Officer.

T. Rowe Price Group reported a solid first quarter with diluted earnings per share increasing to $2.23, up 3.7% year-over-year. Net revenues rose 5.3% to $1.86 billion, driven by higher investment advisory fees and a positive swing in capital allocation-based income. The company also saw a 9.6% increase in average assets under management and significantly increased common stock repurchases to $333.5 million, demonstrating strong capital returns to shareholders.

T. Rowe Price Group reported Q1 2026 diluted EPS of $2.23 and adjusted diluted EPS of $2.52, representing increases of 3.7% and 13.0% year-over-year, respectively. Despite this, the company experienced net client outflows of $13.7 billion, leading to a decrease in assets under management to $1.7 trillion. The firm returned $629 million to stockholders and incurred a $10 million restructuring charge as part of an ongoing expense management program.

T. Rowe Price Group, Inc. has amended and restated the employment agreement for Glenn R. August, the Chief Executive Officer of its subsidiary, Oak Hill Advisors, L.P. The agreement, effective April 21, 2026, formalizes his continued employment in this role. Under the new terms, Mr. August will receive an annual base salary of $350,000, ensuring leadership continuity for OHA.