First Trust - www.FTPortfolios.com

Pricing as of 3/31/2025

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Fund Name	Ticker Symbol	Inception Date	Close NAV	Reference Asset	Buffer
FT Vest Laddered Deep Buffer ETF FT Vest Laddered Deep Buffer ETF	BUFD	01/20/21	$24.92	SPY	25.00%
FT Vest Buffered Allocation Growth ETF FT Vest Buffered Allocation Growth ETF	BUFG	10/26/21	$23.78	SPY	Variable
FT Vest Laddered Nasdaq Buffer ETF FT Vest Laddered Nasdaq Buffer ETF	BUFQ	06/15/22	$29.81	QQQ	10.00%
FT Vest Laddered Buffer ETF FT Vest Laddered Buffer ETF	BUFR	08/10/20	$29.68	SPY	10.00%
FT Vest Laddered Small Cap Moderate Buffer ETF FT Vest Laddered Small Cap Moderate Buffer ETF	BUFS	05/29/24	$20.25	IWM	15.00%
FT Vest Buffered Allocation Defensive ETF FT Vest Buffered Allocation Defensive ETF	BUFT	10/26/21	$22.46	SPY	Variable
FT Vest Laddered International Moderate Buffer ETF FT Vest Laddered International Moderate Buffer ETF	BUFY	09/25/24	$19.72	EFA	15.00%
FT Vest Laddered Moderate Buffer ETF FT Vest Laddered Moderate Buffer ETF	BUFZ	10/25/23	$23.50	SPY	15.00%

Definitions

Buffer - The amount of downside protection the underlying Target Outcome Strategies held in the fund seek to provide.

Variable - Indicates that the underlying Target Outcome Strategies held by the fund have different levels of downside protection.

EFA - The iShares MSCI EAFE ETF is an exchange-traded fund based on the MSCI EAFE Index, which is composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada.

QQQ - Invesco QQQ Trust^SM, Series 1 is an exchange-traded fund based on the Nasdaq-100 Index®, which is an unmanaged index that includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization.

SPY - SPDR® S&P 500® ETF Trust is an exchange-traded fund based on the S&P 500 Index, which is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance.

IWM - iShares Russell 2000 ETF is an exchange-traded fund based on the Russell 2000 Index which is composed of small-capitalization U.S. equities.

To understand each fund’s strategy and risks, it is important to understand the strategies and risks of each fund’s underlying ETFs. The funds themselves do not provide any buffer against losses and do not seek to directly experience the full stated caps and buffers of the underlying ETFs. The funds simply seek to provide diversified exposure to all the underlying ETFs in a single investment. The upside cap for an underlying ETF is determined at the inception date of the Target Outcome Period. The cap and buffer levels may only be realized for an investor who holds shares for the entire outcome periods of the underlying ETFs. The buffer is only provided by the underlying ETFs.

Funds of Target Outcome Funds List