Innovator ETFs: Defined Outcome ETF Caps

DEFINED OUTCOME ETF™ CAPS

Defined Outcome ETFs™ Rebalanced on December 1, 2021

View Starting Caps

Buffer ETFs™

Ticker	Name	Ref. Asset	Upside/Downside	Outcome Period	Starting Cap
BDEC	U.S. Equity Buffer ETF	SPY	1x/1x + 9% Buffer	12 months	14.97%
PDEC	U.S. Equity Power Buffer ETF	SPY	1x/1x + 15% Buffer	12 months	10.25%
UDEC	U.S. Equity Ultra Buffer ETF	SPY	1x/1x + 30% (-5 to -35%) Buffer	12 months	7.37%

Upside/downside refers to the fund's upside and downside participation levels, to a cap, of the reference asset

There is no guarantee the funds will achieve their investment objectives. The funds have characteristics unlike other traditional investment products and may not be suitable for all investors. Please see "investor suitability" in the prospectus. Shares purchased after the start of an outcome period may be subject to enhanced risks.

SPY: SPDR® S&P 500® ETF Trust; QQQ: Invesco QQQ Trust; IWM: iShares Russell 2000 ETF; EFA: iShares MSCI EAFE ETF; EEM: iShares MSCI Emerging Markets ETF; TLT: iShares 20+ Year U.S. Treasury ETF