FIRST TR EXCHANGE TRADED FD VIII VEST US EQUITY BUFFER ETF AUGUST

The investment objective of the FT Cboe Vest U.S. Equity Buffer ETF - August is to seek to provide investors with returns (before fees, expenses and taxes) that match those of the SPDR® S&P 500® ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 14.71% (before fees, expenses and taxes) and 13.86% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee ), while providing a buffer against the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from August 24, 2020 to August 20, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange® Options that reference the performance of the SPDR® S&P 500® ETF Trust. The terms of the Fund's investment objective described above are with reference to the price return of the Underlying ETF.