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Aptus Capital Advisors Expands Options-Based ETF Lineup with a Suite of Low-Cost 15% Buffered Funds

JANB, APRB, JULB, OCTB Use Lower Fees to Deliver a Higher Upside Cap

Aptus Capital Advisors, LLC (Aptus) today announced the launch of a quarterly series of Buffered ETFs (Cboe: JANB, APRB, JULB, OCTB), with the 0.25% expense ratio designed to deliver better value than presently-available choices. This suite carries the attributes of risk mitigation and tax efficiency that have driven use of buffered funds, but at a cost empowering holders to capture more market upside.

“We’ve always looked at the buffered universe as way overpriced, given the minimal investment work between launch and maturity”, said JD Gardner, Founder and Chief Investment Officer at Aptus. “We finally decided that if advisors are going to use these funds in client portfolios, the least we could do is deliver a similar vehicle at a fraction of the cost.”

These funds complement Aptus’ lineup of actively-managed ETFs, which surpassed $5.5 billion in assets as of September 30, 2025. They build on the firm’s growing expertise in options-based ETFs, a category in which Aptus has seen strong adoption with products like the Aptus Defined Risk ETF (DRSK) and the Aptus Collared Investment Opportunity ETF (ACIO). These funds are designed with investor outcomes in mind, combining thoughtful portfolio construction, tax awareness, and a focus on risk management.

Aptus will host a webinar on October 28th to discuss the new funds, details here: Aptus ETFs Webinar. For more information on the Buffered ETFs and Aptus’ full suite of ETF offerings, visit www.aptusetfs.com.

About Aptus Capital Advisors

Founded in 2013, Aptus Capital Advisors is an SEC-registered investment advisor committed to developing ETFs that provide risk-managed growth through targeted exposure and strategic hedging. Aptus ETFs are crafted to help financial advisors and their clients pursue better outcomes through market participation combined with effective downside protection. Aptus Capital Advisors is an SEC-registered investment advisor and serves as the Fund’s investment advisor. The funds are distributed by Quasar Distributors, LLC.

Disclosures

As of October 2025, the Aptus Buffered Fund fees are less than half of the industry average.

An investor should carefully consider the investment objectives, risks, charges and expenses of the ETFs as applicable, before investing. Be sure to consult with an investment & tax professional before implementing any investment strategy. The prospectus’ of APRB, JANB, JULB, OCTB contains this and other important information and is available free of charge by calling toll-free at 1-800-617-0004 or writing to Aptus at 314 Magnolia Ave, Fairhope, AL 36532. The prospectus should be read carefully before investing.

Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward looking statements cannot be guaranteed.

The Funds are distributed by Quasar Distributors LLC, which is not affiliated with Aptus Capital Advisors, LLC. The information provided is not intended for trading purposes and should not be considered investment advice. Investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than diversified funds. Therefore, the Fund is more exposed to individual stock or ETF volatility than diversified funds.

The Funds may invest in options, the Funds risk losing all or part of the cash paid (premium) for purchasing options. Call options give the owner the right to buy the underlying security at the specified price within aspecific time period. Put options give the owner the right to sell the underlying security at the specified price within a specific time period. Because the Fund only purchases options, the Fund’s losses from its exposure to options is limited to the amount of premiums paid.

A Fund will not terminate after the conclusion of the Investment Period. After the conclusion of an Investment Period with respect to a Fund, another will begin. There is no guarantee that the structured outcomes for an Investment Period will be realized.

The structured outcomes may only be realized if you are holding shares on the first day of an Investment Period and continue to hold them on the last day of that Investment Period. If you purchase shares after an Investment Period has begun or sell shares prior to an Investment Period's conclusion, you may experience investment returns very different from those that the Fund seeks to provide. If the Investment Period has begun and the Fund has increased in value to a level near to the Cap (as defined below), an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Similarly, if the Investment Period has begun and the Fund has decreased in value beyond the pre-determined buffer (as described below), an investor purchasing shares at that price may not benefit from the buffer. There is no guarantee that a Fund will successfully achieve its investment objective.

Fund shareholders are subject to an upside return cap (the "Cap") that represents the maximum percentage return an investor can achieve from an investment in a Fund for an Investment Period. Therefore, even though the Funds' returns are based upon the Underlying ETF, if the Underlying ETF experiences returns for an Investment Period in excess of the Cap, you will not experience those excess gains. A Fund's Cap may rise or fall from one Investment Period to the next. There is no guarantee that a Fund's Cap will remain the same upon the conclusion of its Investment Period.

Buffered Loss Risk. There can be no guarantee that the Fund will be successful in its strategy to buffer against Underlying ETF losses if the Underlying ETF's share price decreases by 15% or less over the duration of the Investment Period. Despite the intended Buffer, a shareholder could lose their entire investment.

Capped Upside Risk. The Fund's strategy seeks to provide returns that match those of the Underlying ETF for Shares purchased on the first day of an Investment Period and held for the entire Investment Period, subject to a pre-determined upside Cap. If an investor does not hold its Shares for an entire Investment Period, the returns realized by that investor may not match those the Fund seeks to achieve.

For more information about the risks of investing in the Fund, see the section in the Fund’s Prospectus, titled “Additional Information About the Funds — Principal Investment Risks.” ADME, ACIO, APRB, DEFR, DRSK, DUBS, IDUB, JANB, JUCY, JULB, OCTB, and OSCV are distributed by Quasar Distributors, LLC.

Please carefully consider the funds objectives, risks, charges, and expenses before investing. The statutory or summary prospectus contains this and other important information about the investment company. For more information, or a copy of the full or summary prospectus, visit www.aptusetfs.com, or call (251) 517-7198. Read carefully before investing.

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