Important Disclosures
Order Routing Disclosure

Pursuant to SEC Rule 605, T. Rowe Price Investment Services, Inc. ("Price") makes available for each calendar quarter a report of the routing of certain orders in securities covered under the rule. Because Price transmits all of its customer orders to Pershing, LLC, member NYSE/FINRA/SIPC, a subsidiary of The Bank of New York Mellon Corporation, as clearing broker, and Pershing in fact makes the routing decisions concerning those orders, we believe that Pershing is in the best position to prepare a quarterly report that reflects Pershing's routing practices of orders.

To request either the most recent quarterly report or an account-level report on trades placed in the last six months, please specify your desired report and send your request to:

T. Rowe Price Brokerage Services
Attn: Customer Service
P.O. Box 17435
Baltimore, MD 21297-1435

To access a report of our Order Routing Practices, type "T.Rowe Price" in the text box that appears after clicking on the following link.

www.order-routing-disclosure.com

Visit the Brokerage Resource Center for more information.

Brokerage accounts are offered by T. Rowe Price Investment Services, Inc., member FINRA/SIPC. Brokerage accounts are carried by Pershing LLC, a BNY Mellon company, member NYSE/FINRA/SIPC.

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