T. Rowe Price Wins Best Fund Award at R&I Fund Award 2026; Recognised as World No. 1 in US Active Equity Assets for 10 Consecutive Years

Tokyo, April 28, 2026 – T. Rowe Price Japan, Inc. (Chiyoda-ku, Tokyo; President and CEO: Naoyuki Honda), the Japanese subsidiary of T. Rowe Price, a global asset management firm headquartered in Baltimore, Maryland, USA, with investment services in 16 countries and a leader in active management, announced today that the 'T. Rowe Price US Value Equity Fund B Course (No Currency Hedge)' has received the Best Fund Award at the 'R&I Fund Award 2026' selected by Rating and Investment Information, Inc. (R&I), for the second consecutive year. Additionally, the 'T. Rowe Price US Value Equity Fund D Course (Monthly Settlement / Expected Distribution Type, No Currency Hedge),' which has built a three-year track record since its launch in September 2022, also received the same award.

Department: Investment Trust
Category: North American Equity Value
Award: Best Fund Award
Fund Names:
• T. Rowe Price US Value Equity Fund B Course (No Currency Hedge)
• T. Rowe Price US Value Equity Fund D Course (Monthly Settlement / Expected Distribution Type, No Currency Hedge)
Sales Company: Nomura Securities

Both funds invest primarily in stocks identified as undervalued relative to their intrinsic value among US equities, through investment in the 'T. Rowe Price US Value Equity Mother Fund' managed by T. Rowe Price's US value equity investment team. In its management, the firm leverages the expertise and research infrastructure T. Rowe Price has cultivated over many years, reflecting meticulous corporate analysis by analysts worldwide into the investment process. We will continue to strive for management from a medium- to long-term perspective through disciplined stock selection based on our investment framework.

About R&I Fund Award 2026
The 'R&I Fund Award' is intended to provide reference information based on past data that R&I deems reliable and does not recommend the purchase, sale, or holding of specific products, nor does it guarantee future performance. The evaluation date is March 31, 2026.

About T. Rowe Price
Founded in 1937, T. Rowe Price (NASDAQ: TROW) provides support for clients worldwide to achieve their long-term investment goals. Assets under management as of March 31, 2026, totaled US$1.71 trillion.