CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of T. Rowe Price Exchange-Traded Funds, Inc. of our report dated December 18, 2024, relating to the financial statements and financial highlights, which appears in T. Rowe Price International Equity ETF, T. Rowe Price Intermediate Municipal Income ETF and T. Rowe Price QM U.S. Bond ETF’s (three of the funds constituting T. Rowe Price Exchange-Traded Funds, Inc.) Annual Report on Form N-CSR for the year ended October 31, 2024. We also consent to the references to us under the headings “Financial Highlights”, “Independent Registered Public Accounting Firm”, and “Fund Service Providers” in such Registration Statement.
/s/PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Baltimore,
Maryland
December 19, 2024