Item 8.01. Other Events.

On November 19, 2020 T. Rowe Price Group, Inc. (the "Company") issued a press release announcing its intention to create a new investment advisor. A presentation will be provided during a conference call the Company will be holding on November 19, 2020. The press release and the presentation are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K, and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release Dated November 19, 2020.

99.2 Presentation Dated November 19, 2020.

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