T. Rowe Price Large-Cap Growth Fund

The portfolio routinely allocates a minimum of 80% of its overall net assets (which includes any capital obtained via borrowing for investment purposes) towards the equity holdings of substantial corporations. Management considers a substantial corporation to be one whose market valuation surpasses the median market capitalization of entities listed in the Russell 1000® Growth Index, an extensively utilized reference for the premier U.S. growth-oriented stocks. This investment vehicle operates on a non-diversified basis.