0000067590-18-001454 Sample Contracts

PGIM ETF TRUST PGIM Active High Yield Bond ETF MANAGEMENT AGREEMENT
Management Agreement • September 24th, 2018 • Pgim Etf Trust • New York

Agreement made the 1st day of September, 2018, between PGIM ETF Trust, a Delaware statutory trust (the Trust), on behalf of its series, the PGIM Active High Yield Bond ETF (the Fund), and PGIM Investments LLC, a New York limited liability company (the Manager).

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PGIM ETF TRUST PGIM Active High Yield Bond ETF SUBADVISORY AGREEMENT
Subadvisory Agreement • September 24th, 2018 • Pgim Etf Trust • New York

Agreement made as of this 1st day of September, 2018 between PGIM Investments LLC (PGIM Investments or the Manager), a New York limited liability company, and PGIM, Inc. (PGIM), a New Jersey corporation and PGIM Limited (PGIM Ltd, and together with PGIM, the Subadvisers).

AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • September 24th, 2018 • Pgim Etf Trust

THIS AMENDMENT TO DISTRIBUTION AGREEMENT (the Amendment) is made as of September 1, 2018 between PGIM ETF Trust, a Delaware statutory trust (the Trust), on behalf of each of its series set forth on attached Exhibit A (each referred to as the “Fund”) and Prudential Investment Management Services LLC, a Delaware limited liability company (the Distributor).

AMENDMENT TO ADMINISTRATIVE AND TRANSFER AGENCY AGREEMENT
Administrative and Transfer Agency Agreement • September 24th, 2018 • Pgim Etf Trust

THIS AMENDMENT TO ADMINISTRATIVE AND TRANSFER AGENCY AGREEMENT (this “Amendment”) is made as of September 10, 2018 by and between BROWN BROTHERS HARRIMAN & CO., a limited partnership organized under the laws of the State of New York (the “Administrator” or “TA”), and PGIM ETF Trust, a Delaware statutory trust (the “Fund”), on behalf of each of its portfolios listed on Appendix A to the Agreement (as defined below), severally and not jointly (each a “Portfolio” and collectively, the “Portfolios”), registered with the Securities and Exchange Commission under the Investment Company Act of 1940.

AMENDMENT TO CUSTODIAN AGREEMENT
Custodian Agreement • September 24th, 2018 • Pgim Etf Trust

THIS AMENDMENT TO CUSTODIAN AGREEMENT (this “Amendment”) is made as of September 10, 2018 by and between BROWN BROTHERS HARRIMAN & CO., a limited partnership organized under the laws of the State of New York (“BBH&Co.” or the “Custodian”), and PGIM ETF Trust, a Delaware statutory trust (the “Fund”), on behalf of each of its portfolios listed on Annex A to the Agreement (as defined below), severally and not jointly (each a “Portfolio” and collectively, the “Portfolios”), registered with the Securities and Exchange Commission under the Investment Company Act of 1940.

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