Innovator International Developed Power Buffer ETF - August

Innovator International Developed Power Buffer ETF - August is an actively managed exchange-traded fund designed to provide exposure to developed international equity markets through a defined-outcome structure. The fund seeks to track the return of the iShares MSCI EAFE ETF, subject to a predetermined upside cap, while buffering investors against the first 15% of losses during each outcome period. It uses FLEX options and collateral to build its payoff profile, and its outcome period resets approximately annually, allowing the strategy to be held continuously. The ETF is aimed at investors seeking a packaged way to participate in broad developed markets outside the U.S. and Canada, with a risk-managed structure centered on capital preservation features and capped participation. Innovator International Developed Power Buffer ETF - August is part of Innovator’s August series of defined-outcome funds and plays a role in the market as a rules-based international equity solution with embedded downside buffer mechanics.