Not FDIC-insured. May lose value. No bank guarantee.

Global Stock Fund - I Class I Class: TRGLXSeptember 30, 2020

Looking widely and investing selectively in companiesON THE RIGHT SIDE OF CHANGE.

HIGH CONVICTIONBuilt on discipline and consistency, the portfolio represents the 60-80 stocks that we believe offer the most attractive combination of valuation, risk/reward characteristics, and the ability to grow beyond market consensus.

BORDERLESS PURSUITLocally sourced firsthand research can help discern secular change from fleeting fads. Portfolio Manager David Eiswert combines 20+ years of investment experience with the output of 190+ analysts scouring the globe for sustainable secular growth ideas.

ACCELERATING DISRUPTIONAided by cheap money, abundant oil, and new technologies, disruptive companies are finding diminished barriers to entry are helping them unseat incumbent leaders and change the way society lives and does business.

Combining rigorous research with active insights creates the potential for higher returns.

All investments are subject to risks, including the possible loss of principal. International investments are subject to additional risks, including the potential for adverse political and economic developments, greater volatility, less liquidity, and the possibility that foreign currencies will decline against the dollar. These risks are greater in emerging markets. Small- and mid-cap stocks can have greater risk and volatility than the stocks of larger companies.

*Active share is the percentage of the fund's holdings that differ from those of the benchmark index.

T. Rowe Price Investment Services, Inc., Distributor.202008-1299568

September 30, 2020Global Stock Fund - I Class

Experienced Management

David Eiswert

Investment Experience:20 YearsAt T. Rowe Price:17 Years

Morningstar®Overall Morningstar Rating

Morningstar Category World Large Stock

Rated against 725 World Large Stock funds, as of 09/30/2020, based on risk-adjusted returns.

A focused portfolio designed to deliver insightful ideas with real conviction.

- Dave Eiswert

As of 09/30/2020, the Global Stock Fund - I Class, received 5 stars for 3 Years/725 funds, N/A stars for 5 Years/608 funds, and N/A stars for 10 Years/360 funds in the World Large Stock category. Ratings are subject to change. The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a 3-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar risk-adjusted return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5%receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar RatingTM metrics. Past performance cannot guarantee future results.*

Top 20 HoldingsRank Issue Industry Country % of Net Assets1 Amazon.com Internet & Direct Marketing Retail United States 4.08%

2 Apple Technology Hardware, Storage & Peripherals United States 3.13%

3 London Stock Exchange Capital Markets United Kingdom 2.98%4 MasterCard IT Services United States 2.98%5 Facebook Interactive Media & Services United States 2.97%

6 Qualcomm Semiconductors & Semiconductor Equipment United States 2.70%

7 Morgan Stanley Capital Markets United States 2.52%

8 Maxim Integrated Products Semiconductors & Semiconductor Equipment United States 2.23%

9 FedEx Air Freight & Logistics United States 2.21%

10 Infineon Technologies Semiconductors & Semiconductor Equipment Germany 2.11%

11 HDFC Bank Banks India 2.06%12 Charles Schwab Capital Markets United States 2.02%

13 Samsung Electronics Technology Hardware, Storage & Peripherals South Korea 1.89%

14 Danaher Health Care Equipment & Supplies United States 1.78%15 Amadeus IT IT Services Spain 1.76%16 Teleperformance Professional Services France 1.71%17 Recruit Holdings Professional Services Japan 1.60%18 Ferrari Automobiles Italy 1.54%19 Intuitive Surgical Health Care Equipment & Supplies United States 1.53%20 Huazhu Hotels Restaurants & Leisure China 1.51%

Total Portfolio Holdings 78 companies

Cumulative ReturnsI ClassHypothetical Growth of $10,000

0.68%Expense Ratio:

$20,190.84

Average Annual Total Returns AnnualizedGlobal Stock Fund - I ClassInception Date: 03/06/17

Three Months Year-to-Date One Year Three Years Five Years Ten Years Since Inception

I Class 14.79% 27.28% 42.58% 20.89% 20.45% 14.54% 21.75%

Current performance may be higher or lower than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. To obtain the most recent month-end performance, or to request a prospectus or, if available, a summary prospectus which includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing, please call 1-855-405-6488 or visit our website at troweprice.com. Total return figures include changes in principal value, reinvested dividends, and capital gain distributions. The expense ratio is as of the fund's most recent prospectus.The T. Rowe Price Funds-I Class share the portfolio of an existing fund (the original share class of the fund is referred to as the "investor class"). The total return figures for I Class shares have been calculated using the performance data of the investor class up to the inception date of the I Class (shown above) and the actual performance results of the I Class since that date. Because the I Classes are expected to have lower expenses than the Investor Classes, The I Class performance, had it existed over the periods shown, would have been higher.

*Source for Morningstar data: © 2020 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its contentproviders; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers areresponsible for any damages or losses arising from any use of this information.

© 2020 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc.