diff --git a/core/src/main/java/google/registry/model/domain/token/AllocationToken.java b/core/src/main/java/google/registry/model/domain/token/AllocationToken.java
index 96e894ed8..aab73084b 100644
--- a/core/src/main/java/google/registry/model/domain/token/AllocationToken.java
+++ b/core/src/main/java/google/registry/model/domain/token/AllocationToken.java
@@ -43,6 +43,7 @@ import google.registry.model.BackupGroupRoot;
 import google.registry.model.Buildable;
 import google.registry.model.CreateAutoTimestamp;
 import google.registry.model.annotations.ReportedOn;
+import google.registry.model.billing.BillingEvent.RenewalPriceBehavior;
 import google.registry.model.common.TimedTransitionProperty;
 import google.registry.model.common.TimedTransitionProperty.TimeMapper;
 import google.registry.model.common.TimedTransitionProperty.TimedTransition;
@@ -151,6 +152,10 @@ public class AllocationToken extends BackupGroupRoot implements Buildable, Datas
   @Enumerated(EnumType.STRING)
   TokenType tokenType;
 
+  @Enumerated(EnumType.STRING)
+  @Column(name = "renewalPriceBehavior", nullable = false)
+  RenewalPriceBehavior renewalPriceBehavior = RenewalPriceBehavior.DEFAULT;
+
   // TODO: Remove onLoad once all allocation tokens are migrated to have a discountYears of 1.
   @OnLoad
   void onLoad() {
@@ -240,6 +245,10 @@ public class AllocationToken extends BackupGroupRoot implements Buildable, Datas
     return tokenStatusTransitions;
   }
 
+  public RenewalPriceBehavior getRenewalPriceBehavior() {
+    return renewalPriceBehavior;
+  }
+
   public VKey<AllocationToken> createVKey() {
     return VKey.create(AllocationToken.class, getToken(), Key.create(this));
   }
@@ -362,5 +371,10 @@ public class AllocationToken extends BackupGroupRoot implements Buildable, Datas
               "tokenStatusTransitions must start with NOT_STARTED");
       return this;
     }
+
+    public Builder setRenewalPriceBehavior(RenewalPriceBehavior renewalPriceBehavior) {
+      getInstance().renewalPriceBehavior = renewalPriceBehavior;
+      return this;
+    }
   }
 }
diff --git a/core/src/test/java/google/registry/model/domain/token/AllocationTokenTest.java b/core/src/test/java/google/registry/model/domain/token/AllocationTokenTest.java
index 746b9d218..949b6ff87 100644
--- a/core/src/test/java/google/registry/model/domain/token/AllocationTokenTest.java
+++ b/core/src/test/java/google/registry/model/domain/token/AllocationTokenTest.java
@@ -34,6 +34,7 @@ import com.google.common.collect.ImmutableSet;
 import com.google.common.collect.ImmutableSortedMap;
 import com.googlecode.objectify.Key;
 import google.registry.model.EntityTestCase;
+import google.registry.model.billing.BillingEvent.RenewalPriceBehavior;
 import google.registry.model.domain.DomainBase;
 import google.registry.model.domain.token.AllocationToken.TokenStatus;
 import google.registry.model.domain.token.AllocationToken.TokenType;
@@ -160,6 +161,52 @@ public class AllocationTokenTest extends EntityTestCase {
     assertThat(tokenAfterPersisting.getCreationTime()).hasValue(fakeClock.nowUtc());
   }
 
+  @TestOfyAndSql
+  void testgetRenewalBehavior_returnsDefaultRenewBehavior() {
+    assertThat(
+            persistResource(
+                    new AllocationToken.Builder()
+                        .setToken("abc123")
+                        .setTokenType(SINGLE_USE)
+                        .build())
+                .getRenewalPriceBehavior())
+        .isEqualTo(RenewalPriceBehavior.DEFAULT);
+  }
+
+  @TestOfyAndSql
+  void testsetRenewalBehavior_assertsRenewalBehaviorIsNotDefault() {
+    assertThat(
+            persistResource(
+                    new AllocationToken.Builder()
+                        .setToken("abc123")
+                        .setTokenType(SINGLE_USE)
+                        .setRenewalPriceBehavior(RenewalPriceBehavior.SPECIFIED)
+                        .build())
+                .getRenewalPriceBehavior())
+        .isEqualTo(RenewalPriceBehavior.SPECIFIED);
+  }
+
+  @TestOfyAndSql
+  void testsetRenewalBehavior_assertRenewalBehaviorIsModified() {
+    AllocationToken token =
+        persistResource(
+            new AllocationToken.Builder()
+                .setToken("abc123")
+                .setTokenType(SINGLE_USE)
+                .setRenewalPriceBehavior(RenewalPriceBehavior.NONPREMIUM)
+                .build());
+    AllocationToken loadedToken = loadByEntity(token);
+    assertThat(token).isEqualTo(loadedToken);
+    AllocationToken modifiedToken =
+        persistResource(
+            loadedToken
+                .asBuilder()
+                .setRenewalPriceBehavior(RenewalPriceBehavior.SPECIFIED)
+                .build());
+    assertThat(loadByEntity(token).getRenewalPriceBehavior())
+        .isEqualTo(RenewalPriceBehavior.SPECIFIED);
+  }
+
   @TestOfyAndSql
   void testSetCreationTime_cantCallMoreThanOnce() {
     AllocationToken.Builder builder =
diff --git a/core/src/test/resources/google/registry/model/schema.txt b/core/src/test/resources/google/registry/model/schema.txt
index da20e9c5b..d96a1d2d3 100644
--- a/core/src/test/resources/google/registry/model/schema.txt
+++ b/core/src/test/resources/google/registry/model/schema.txt
@@ -350,6 +350,7 @@ class google.registry.model.domain.token.AllocationToken {
   double discountFraction;
   google.registry.model.CreateAutoTimestamp creationTime;
   google.registry.model.UpdateAutoTimestamp updateTimestamp;
+  google.registry.model.billing.BillingEvent$RenewalPriceBehavior renewalPriceBehavior;
   google.registry.model.common.TimedTransitionProperty<google.registry.model.domain.token.AllocationToken$TokenStatus, google.registry.model.domain.token.AllocationToken$TokenStatusTransition> tokenStatusTransitions;
   google.registry.model.domain.token.AllocationToken$TokenType tokenType;
   google.registry.persistence.DomainHistoryVKey redemptionHistoryEntry;
diff --git a/db/src/main/resources/sql/schema/db-schema.sql.generated b/db/src/main/resources/sql/schema/db-schema.sql.generated
index 719f37f8a..78f851e86 100644
--- a/db/src/main/resources/sql/schema/db-schema.sql.generated
+++ b/db/src/main/resources/sql/schema/db-schema.sql.generated
@@ -24,6 +24,7 @@
         domain_name text,
         redemption_domain_history_id int8,
         redemption_domain_repo_id text,
+        renewal_price_behavior text not null,
         token_status_transitions hstore,
         token_type text,
         primary key (token)