Data as of 6/8/2026 Short-term performance is not a good indicator of how a fund will perform over longer periods.    The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.   This comparison between BIGY, JEPI, and SPYI, is provided for illustrative purposes to evaluate relative performance and return characteristics between YieldMax’s fund and a competing product managed by NEOS Investments and J.P Morgan. The intent is to highlight how our fund has performed in relation to a comparable strategy within the same investment category.  For standardized performance of BIGY: yieldmaxetfs.com/our-etfs/bi… For standardized performance of JEPI: am.jpmorgan.com/us/en/asset-… For standardized performance of SPYI: neosfunds.com/spyi/   For the prospectus of BIGY: yieldmaxetfs.com/bigy/prospe… For the prospectus of JEPI:  am.jpmorgan.com/JPMorgan/TVT… For the prospectus of SPYI: neosfunds.com/wp-content/upl…    Learn more about BIGY: yieldmaxetfs.com/our-etfs/bi… Learn more about JEPI: am.jpmorgan.com/us/en/asset-… Learn more about SPYI: neosfunds.com/spyi/   YieldMax® Target 12 Big 50 Option Income ETF Gross Expense Ratio: 1.09% Investment Objective: The Fund’s primary investment objective is to seek current income, targeting an annual distribution rate of 12%. The Fund’s secondary investment objective is to seek capital appreciation through direct investments in a select portfolio of U.S. large cap companies. Distributions are not guaranteed and may vary over time.   JPMorgan Equity Premium Income ETF Gross Expense Ratio: 0.35% Investment Objective: JPMorgan Equity Premium Income ETF seeks to deliver monthly distributable income and equity market exposure with less volatility. NEOS S&P 500 High Income ETF Gross Expense Ratio: 0.68% Investment Objective: The NEOS S&P 500 High Income ETF (CBOE: SPYI) seeks high monthly income in a tax efficient manner, with the potential for upside appreciation in rising markets. Investing involves risk including the possible loss of principal.

Data as of 6/3/2026 Short-term performance is not a good indicator of how a fund will perform over longer periods.    The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.   This comparison between BIGY, JEPI, and SPYI, is provided for illustrative purposes to evaluate relative performance and return characteristics between YieldMax’s fund and a competing product managed by NEOS Investments and J.P Morgan. The intent is to highlight how our fund has performed in relation to a comparable strategy within the same investment category.  For standardized performance of BIGY: yieldmaxetfs.com/our-etfs/bi… For standardized performance of JEPI: am.jpmorgan.com/us/en/asset-… For standardized performance of SPYI: neosfunds.com/spyi/   For the prospectus of BIGY: yieldmaxetfs.com/bigy/prospe… For the prospectus of JEPI:  am.jpmorgan.com/JPMorgan/TVT… For the prospectus of SPYI: neosfunds.com/wp-content/upl…    Learn more about BIGY: yieldmaxetfs.com/our-etfs/bi… Learn more about JEPI: am.jpmorgan.com/us/en/asset-… Learn more about SPYI: neosfunds.com/spyi/   YieldMax® Target 12 Big 50 Option Income ETF Gross Expense Ratio: 1.09% Investment Objective: The Fund’s primary investment objective is to seek current income, targeting an annual distribution rate of 12%. The Fund’s secondary investment objective is to seek capital appreciation through direct investments in a select portfolio of U.S. large cap companies. Distributions are not guaranteed and may vary over time.   JPMorgan Equity Premium Income ETF Gross Expense Ratio: 0.35% Investment Objective: JPMorgan Equity Premium Income ETF seeks to deliver monthly distributable income and equity market exposure with less volatility. NEOS S&P 500 High Income ETF Gross Expense Ratio: 0.68% Investment Objective: The NEOS S&P 500 High Income ETF (CBOE: SPYI) seeks high monthly income in a tax efficient manner, with the potential for upside appreciation in rising markets. Investing involves risk including the possible loss of principal.