PGIM ROCK ETF TRUST
AMENDMENT NO. 2 TO SUBADVISORY AGREEMENT
Amendment No. 2 to Subadvisory Agreement made this 15th day of June 2026, between PGIM Investments LLC (“PGIM Investments” or the “Manager”), a New York limited liability company, and PGIM Quantitative Solutions LLC, (the “Subadviser” or “PGIM Quantitative Solutions”), a New Jersey limited liability company.
WHEREAS, the Manager has entered into a Management Agreement, dated October 26, 2023, as amended (the “Management Agreement”) with the PGIM Rock ETF Trust, a Delaware statutory trust (the “Trust”) and an open-end, management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”), pursuant to which PGIM Investments acts as Manager to , each series of the Trust listed therein, as amended from time to time; and
WHEREAS, the Manager, acting pursuant to the Management Agreement, desires to retain the Subadviser to provide investment advisory services to the funds listed in Schedule A hereto, (each, a “Fund”; collectively, the “Funds”), and to manage such portion of each Fund’s portfolio as the Manager shall from time to time direct, and the Subadviser is willing to render such investment advisory services to the Funds.
WHEREAS, the Manager and the Subadviser have mutually agreed to revise Schedule A of the Subadvisory Agreement, in order to include the PGIM S&P 500 Quarterly Buffer 5 ETF, PGIM S&P 500 Quarterly Buffer 10 ETF, PGIM S&P 500 Quarterly Buffer 15 ETF and PGIM S&P 500 Quarterly Buffer 20 ETF as new series of the Trust (the “New Funds”), and whereby the Manager shall pay the Subadviser as full compensation therefor, of such Fund subadvised by the Subadviser as described in the attached Schedule A for the services provided by the Subadviser to the New Funds under the Subadviser Agreement; and
NOW THEREFORE, the parties mutually agree as follows:
1.The subadvisory fee rate schedule for the Funds appearing in Schedule A is hereby deleted in its entirety and is replaced with the attached Schedule A.
2.The Subadvisory Agreement is unchanged in all other respects.
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IN WITNESS WHEREOF, the Parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.
PGIM INVESTMENTS LLC
BY: /s/ Scotte E. Benjamin
Name: Scott E. Benjamin
Title: Executive Vice President
PGIM QUANTITATIVE SOLUTIONS LLC
BY: /s/ Adam Kloczkowski
Name: Adam Kloczkowski
Title: Head of Quantitative Solutions
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Schedule A
PGIM ROCK ETF TRUST
As compensation for services provided by PGIM Quantitative Solutions LLC (“PGIM Quantitative Solutions”), PGIM Investments LLC will pay PGIM Quantitative Solutions an advisory fee on the net asset value of each Fund’s portfolio managed by PGIM Quantitative Solutions that is equal, on an annualized basis, to the following:
Fund Name |
Subadvisory Fee Rate |
Effective Date |
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
January (formerly, PGIM US Equity |
the ETF |
|
Buffer 12 ETF – January) |
|
|
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
February (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 12 ETF – February) |
|
|
PGIM S&P 500 Buffer 12 ETF – March |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – March) |
|
|
PGIM S&P 500 Buffer 12 ETF – April |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – April) |
|
|
PGIM S&P 500 Buffer 12 ETF – May |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – May) |
|
|
PGIM S&P 500 Buffer 12 ETF – June |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – June) |
|
|
PGIM US&P 500 Buffer 12 ETF – July |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – July) |
|
|
PGIM S&P 500 Buffer 12 ETF – August |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
12 ETF – August) |
|
|
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
September (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 12 ETF – September) |
|
|
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
October (formerly, PGIM US Large-Cap |
the ETF |
|
Buffer 12 ETF – October) |
|
|
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
November (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 12 ETF – November) |
|
|
PGIM S&P 500 Buffer 12 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
December (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 12 ETF – December) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
January (formerly, PGIM US Large-Cap |
the ETF |
|
Buffer 20 ETF – January) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
February (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 20 ETF – February) |
|
|
PGIM S&P 500 Buffer 20 ETF – March |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – March) |
|
|
PGIM S&P 500 Buffer 20 ETF – April |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – April) |
|
|
3
PGIM S&P 500 Buffer 20 ETF – May |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – May) |
|
|
PGIM S&P 500 Buffer 20 ETF – June |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – June) |
|
|
PGIM S&P 500 Buffer 20 ETF – July |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – July) |
|
|
PGIM S&P 500 Buffer 20 ETF – August |
XX% of the average daily net assets of |
October 26, 2023 |
(formerly, PGIM US Large-Cap Buffer |
the ETF |
|
20 ETF – August) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
September (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 20 ETF – September) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
October (formerly, PGIM US Large-Cap |
the ETF |
|
Buffer 20 ETF – October) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
November (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 20 ETF – November) |
|
|
PGIM S&P 500 Buffer 20 ETF – |
XX% of the average daily net assets of |
October 26, 2023 |
December (formerly, PGIM US Large- |
the ETF |
|
Cap Buffer 20 ETF – December) |
|
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
January |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
February |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
March |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
April |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – May |
XX% of the average daily net assets of |
December 12, 2024 |
|
the ETF |
|
PGIM S&P 500 Max Buffer ETF – June |
XX% of the average daily net assets of |
December 12, 2024 |
|
the ETF |
|
PGIM S&P 500 Max Buffer ETF – July |
XX% of the average daily net assets of |
December 12, 2024 |
|
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
August |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
September |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
October |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
November |
the ETF |
|
PGIM S&P 500 Max Buffer ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
December |
the ETF |
|
PGIM Nasdaq-100 Buffer 12 ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
January |
the ETF |
|
PGIM Nasdaq-100 Buffer 12 ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
April |
the ETF |
|
PGIM Nasdaq-100 Buffer 12 ETF – July |
XX% of the average daily net assets of |
December 12, 2024 |
|
the ETF |
|
PGIM Nasdaq-100 Buffer 12 ETF – |
XX% of the average daily net assets of |
December 12, 2024 |
October |
the ETF |
|
PGIM S&P 500 Quarterly Buffer 5 ETF |
XX% of the average daily net assets of |
June 15, 2026 |
|
the ETF |
|
4
PGIM S&P 500 Quarterly Buffer 10 |
XX% of the average daily net assets of |
June 15, 2026 |
ETF |
the ETF |
|
PGIM S&P 500 Quarterly Buffer 15 |
XX% of the average daily net assets of |
June 15, 2026 |
ETF |
the ETF |
|
PGIM S&P 500 Quarterly Buffer 20 |
XX% of the average daily net assets of |
June 15, 2026 |
ETF |
the ETF |
|
Dated as of June 15, 2026.
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