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Innovator ETFs Announces New Upside Cap Ranges for May Series of S&P 500 Buffer ETFs Defined Outcome ETFs provide S&P 500 exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting May 1st Chicago, IL, April 26, 2021 (GLOBE NEWSWIRE) Innovator Capital Management, LLC (Innovator) today announced the anticipated upside cap ranges and return profiles for the May series of the S&P 500 Buffer ETFs™ – Innovator S&P 500 Buffer ETF™ – May (BMAY), Innovator S&P 500 Power Buffer ETF™ – May (PMAY) and Innovator S&P 500 Ultra Buffer ETF™ – May (UMAY) – which are scheduled to complete their first outcome period and reset at the end of the month. The May ETFs were the final series of the S&P 500 Buffer ETF™ suite to list in 2020, completing monthly issuance of Innovator’s flagship Defined Outcome ETF™ lineup. The 36 total ETFs provide investors with upside participation, to a cap, in Large-cap U.S. stocks via options on the

United statesPaul damonStacker etfsJohn southardBruce bondInnovator capital managementMilliman financial risk managementForeside fund servicesTrademark officeOptions clearing corporationTechnology sector risk companiesCboe global markets incSelection committeeDefined outcomeOutcome periodMay series