HYKE and RYSE ETFs Announce Board Approval of Liquidation and Closure

On March 19, 2026, a supplement was filed notifying shareholders of the Vest 2 Year Interest Rate Hedge ETF (HYKE) and the Vest 10 Year Interest Rate Hedge ETF (RYSE) respectively (each, a “Fund” and collectively, the “Funds”) that the Board of Trustees of ETF Series Solutions Trust has approved the closure and liquidation of the Funds.

The liquidation of each Fund is expected to occur on or about March 30, 2026 (the “Liquidation Date”). Effective on or about March 24, 2026, the Funds are expected to begin liquidating portfolio holdings.

Vest Financial LLC is the investment adviser to the Funds. The decision to liquidate each of the Funds was based on a review of the applicable Fund’s existing sizes and outlook on investor demand.

For additional information, please see the prospectus supplement and/or call 1-800-617-0004.

ABOUT VEST

Vest Financial LLC, a wholly owned subsidiary of Vest Group Inc., is an asset management firm focused on risk management. Vest created Target Outcome Investments®. To explore the evolution of Target Outcome Investments, visit vestfin.com.

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All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. There is always the potential of losing money when you invest in securities or investment strategies. Investors should consider their investment objectives and risks carefully before investing. Options have specific investor risks.

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