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| STATEMENT OF ADDITIONAL INFORMATION |
This
is the Statement of Additional Information (SAI) for the funds listed below (hereinafter
“Price Funds” or “funds”), each
of which is a series of T. Rowe Price Exchange-Traded Funds, Inc. (Corporation).
Each fund is an exchange-traded fund (ETF) sponsored and managed by T. Rowe
Price Associates, Inc. (“T. Rowe Price” or “Price Associates”).
The
date of this Statement of Additional Information is October 1, 2023. The date of the prospectus for each
fund is shown below, as such prospectuses may be revised from time to time.
| T. Rowe Price Exchange-Traded Funds, Inc. | |||
| FUND | TICKER | PRINCIPAL | PROSPECTUS |
| T. | TCAF | NYSE | March |
| T. | TFLR | NYSE | October |
| T. | TGRT | NYSE | March |
| T. | TOUS | NYSE | March |
| T. | TAGG | NYSE | March |
| T. | TMSL | NYSE | March |
| T. | TOTR | NYSE | October |
| T. | |||
