Innovator Capital Management, LLC (“Innovator”), the investment adviser for the Innovator Uncapped Bitcoin 20 Floor ETF® — Quarterly (the “Fund”), announced today that the Fund’s Board of Trustees, at the recommendation of Innovator, has approved a plan of liquidation for the Fund (the “Plan”). Under the Plan, which is effective as of September 16, 2026, the Fund will begin the process of liquidating portfolio assets and unwinding its affairs in an orderly fashion over time. The Plan is not subject to shareholder approval.

Shareholders of the Fund may sell their shares on the Fund’s listing exchange, Cboe BZX Exchange, Inc., until market close on December 31, 2026, and may incur transaction fees from their broker-dealers. The Fund’s shares will no longer trade on the Fund’s listing exchange after market close on December 31, 2026, and the shares will subsequently be de-listed. Shareholders who continue to hold shares of the Fund on the Fund’s liquidation date, which is expected to be on or about January 8, 2027, will receive a liquidating distribution of cash in the cash portion of their brokerage accounts equal to the amount of the net asset value of their shares as of January 8, 2027. For tax purposes, shareholders will generally recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares. The Fund will stop accepting creation orders from Authorized Participants on December 23, 2026.

About Innovator Capital Management

Innovator Capital Management is a leading active ETF sponsor and is the pioneer of outcome-based ETFs, most notably, the inaugural and largest lineup of Buffer ETFs™. The firm is committed to delivering innovative risk-managed strategies and managed 179 ETFs with approximately $36.4 billion in assets under management as of August 31, 2026.

Innovatoretfs.com

About The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. (“Goldman Sachs”) is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. On April 1, 2026, GSAM Holdings LLC, a subsidiary of Goldman Sachs, acquired Innovator and Innovator became an indirect, wholly-owned subsidiary of Goldman Sachs.

The Innovator Uncapped Bitcoin 20 Floor ETF® — Quarterly seeks to provide investors with investment results that participate in a percentage of any positive price returns of bitcoin while providing a maximum loss of 20%, before fees and expenses, of any bitcoin price return losses, over successive three-month periods. The Fund provides exposure to bitcoin price returns by investing in FLEX Options that reference one or more exchange-traded products that hold bitcoin directly or that reference the Cboe Bitcoin U.S. ETF Index. The Fund does not directly invest in bitcoin.

The Fund faces numerous risks, including bitcoin risk, bitcoin ETP index risk, Defined Outcome strategy risk, Floor risk, Participation Rate risk, Outcome Period risk, derivatives risk, position limits risk, correlation risk, management risk, market risk, market maker risk, non-diversification risk, operational risk, options risk, trading issues risk, upside participation risk, and valuation risk. For a detailed list of Fund risks see the Fund’s prospectus.

Investing involves risk. Loss of principal is possible. Innovator ETFs® are distributed by Foreside Fund Services, LLC.

Fund shares are not individually redeemable and are issued and redeemed by the Fund at their NAV only in large, specified blocks of shares called creation units. Shares otherwise can be bought and sold only through exchange trading at market price (not NAV). Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

A summary prospectus, if available, or a Prospectus for the Fund containing more information may be obtained from your authorized dealer or from Innovator Capital Management, LLC by calling 1-800-208-5212. Please consider the Fund's objectives, risks, and charges and expenses, and read the summary prospectus, if available, and the Prospectus carefully before investing. The summary prospectus, if available, and the Prospectus contains this and other information about the Fund.

The Investment Company Act of 1940 (the “Act”) imposes certain limits on investment companies purchasing or acquiring any security issued by another registered investment company. For these purposes the definition of “investment company” includes funds that are unregistered because they are excepted from the definition of investment company by sections 3(c)(1) and 3(c)(7) of the Act. You should consult your legal counsel for more information.

Innovator Capital Management, LLC does not provide accounting, tax or legal advice.

© 2026 Goldman Sachs. All rights reserved.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

Compliance Code: N15291-OTU-263998

Date of first use: 9/17/2026