Innovator U.S. Equity Buffer ETF™ - September BSEP Strategy

The investment seeks to provide investors with returns that match the return of the Underlying ETF, up to the upside cap of 19.75% while providing a buffer against the first 9% of Underlying ETF losses, over the period from September 1, 2026 to August 31, 2027. The fund has adopted a policy pursuant to Rule 35d-1 under the 1940 Act to invest, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). It is non-diversified.