T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

BALTIMORE, May 7, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.24 per share payable June 27, 2024, to stockholders of record as of the close of business on June 14, 2024.

Additionally, at its annual meeting today, T. Rowe Price Group, Inc.'s stockholders:

• elected all 11 nominees to its Board of Directors;
• approved, by a nonbinding advisory vote, the compensation paid to the firm's named executive officers; and
• ratified the appointment of KPMG LLP as the company's independent registered public accounting firm for 2024.

ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ – GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price has $1.54 trillion in assets under management as of March 31, 2024, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

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SOURCE T. Rowe Price Group

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