Consistent with what we have seen from BlackRock and Vanguard, T. Rowe Price’s updated proxy guidelines eliminate director gender, ethnicity, and nationality expectations in favor of broader viewpoint diversity, as shown by this redline excerpt against its 2025 board diversity policy:

Courtesy of Proxy Analytics, please see this redline for these and other changes, as well as T. Rowe Price’s “2026 Pre‑AGM Season Review.”
Access these and other policies on our Institutional Investors page.
This post first appeared in the weekly Society Alert!