UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-22926 NAME OF REGISTRANT: Innovator ETFs Trust II ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 109 North Hale Street Wheaton, IL 60187 NAME AND ADDRESS OF AGENT FOR SERVICE: Chapman and Cutler LLP 111 West Monroe Street Chicago, IL 60603 REGISTRANT'S TELEPHONE NUMBER: 800-208-5212 DATE OF FISCAL YEAR END: 10/31 DATE OF REPORTING PERIOD: 07/01/2020 - 06/30/2021 Innovator Laddered Fund of S&P 500 Power Buffer ETFs -------------------------------------------------------------------------------------------------------------------------- DARDEN RESTAURANTS, INC. Agenda Number: 935257914 -------------------------------------------------------------------------------------------------------------------------- Security: 237194105 Meeting Type: Annual Meeting Date: 23-Sep-2020 Ticker: DRI ISIN: US2371941053 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Margaret Shan Atkins Mgmt For For James P. Fogarty Mgmt For For Cynthia T. Jamison Mgmt For For Eugene I. Lee, Jr. Mgmt For For Nana Mensah Mgmt For For William S. Simon Mgmt For For Charles M. Sonsteby Mgmt Withheld Against Timothy J. Wilmott Mgmt For For 2. To obtain advisory approval of the Mgmt For For Company's executive compensation. 3. To ratify the appointment of KPMG LLP as Mgmt Against Against our independent registered public accounting firm for the fiscal year ending May 30, 2021. -------------------------------------------------------------------------------------------------------------------------- DXC TECHNOLOGY COMPANY Agenda Number: 935242773 -------------------------------------------------------------------------------------------------------------------------- Security: 23355L106 Meeting Type: Annual Meeting Date: 13-Aug-2020 Ticker: DXC ISIN: US23355L1061 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Mukesh Aghi Mgmt Against Against 1b. Election of Director: Amy E. Alving Mgmt For For 1c. Election of Director: David A. Barnes Mgmt For For 1d. Election of Director: Raul J. Fernandez Mgmt Against Against 1e. Election of Director: David L. Herzog Mgmt For For 1f. Election of Director: Mary L. Krakauer Mgmt For For 1g. Election of Director: Ian C. Read Mgmt For For 1h. Election of Director: Michael J. Salvino Mgmt For For 1i. Election of Director: Manoj P. Singh Mgmt For For 1j. Election of Director: Robert F. Woods Mgmt For For 2. Ratification of the appointment of Deloitte Mgmt Against Against & Touche LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2021 3. Approval, by advisory vote, of named Mgmt Against Against executive officer compensation 4. Approval of increase in shares available Mgmt Against Against under the DXC Technology Company 2017 Omnibus Incentive Plan 5. Approval of increase in shares available Mgmt For For under the DXC Technology Company 2017 Non-Employee Director Incentive Plan -------------------------------------------------------------------------------------------------------------------------- E*TRADE FINANCIAL CORPORATION Agenda Number: 935240298 -------------------------------------------------------------------------------------------------------------------------- Security: 269246401 Meeting Type: Special Meeting Date: 17-Jul-2020 Ticker: ETFC ISIN: US2692464017 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. Proposal to adopt the Agreement and Plan of Mgmt For For Merger, dated as of February 20, 2020 (as it may be amended from time to time, the "merger agreement"), by and among Morgan Stanley, Moon-Eagle Merger Sub, Inc. and E*TRADE Financial Corporation ("E*TRADE"). 2. Proposal to approve, on an advisory Mgmt For For (non-binding) basis, certain compensation that may be paid or become payable to E*TRADE's named executive officers in connection with the merger. 3. Proposal to adjourn the E*TRADE special Mgmt For For meeting, if necessary or appropriate, to solicit additional proxies in favor of the merger agreement proposal if there are not sufficient votes at the time of such adjournment to adopt the merger agreement. -------------------------------------------------------------------------------------------------------------------------- MICROCHIP TECHNOLOGY INCORPORATED Agenda Number: 935248357 -------------------------------------------------------------------------------------------------------------------------- Security: 595017104 Meeting Type: Annual Meeting Date: 18-Aug-2020 Ticker: MCHP ISIN: US5950171042 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Steve Sanghi Mgmt Against Against 1b. Election of Director: Matthew W. Chapman Mgmt Against Against 1c. Election of Director: L.B. Day Mgmt Against Against 1d. Election of Director: Esther L. Johnson Mgmt For For 1e. Election of Director: Wade F. Meyercord Mgmt Against Against 2. Proposal to ratify the appointment of Ernst Mgmt Against Against & Young LLP as the independent registered public accounting firm of Microchip for the fiscal year ending March 31, 2021. 3. Proposal to approve, on an advisory Mgmt For For (non-binding) basis, the compensation of our named executives. -------------------------------------------------------------------------------------------------------------------------- QORVO, INC. Agenda Number: 935242191 -------------------------------------------------------------------------------------------------------------------------- Security: 74736K101 Meeting Type: Annual Meeting Date: 04-Aug-2020 Ticker: QRVO ISIN: US74736K1016 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Ralph G. Quinsey Mgmt For For Robert A. Bruggeworth Mgmt For For Jeffery R. Gardner Mgmt For For John R. Harding Mgmt For For David H. Y. Ho Mgmt Withheld Against Roderick D. Nelson Mgmt For For Dr. Walden C. Rhines Mgmt Withheld Against Susan L. Spradley Mgmt Withheld Against Walter H. Wilkinson, Jr Mgmt Withheld Against 2. To approve, on an advisory basis, the Mgmt Against Against compensation of our Named Executive Officers (as defined in the proxy statement). 3. To ratify the appointment of Ernst & Young Mgmt Against Against LLP as our independent registered public accounting firm for the fiscal year ending April 3, 2021. Innovator S&P Investment Grade Preferred ETF -------------------------------------------------------------------------------------------------------------------------- ALABAMA POWER COMPANY Agenda Number: 935355811 -------------------------------------------------------------------------------------------------------------------------- Security: 010392462 Meeting Type: Annual Meeting Date: 23-Apr-2021 Ticker: ALPPRQ ISIN: US0103924629 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Angus R. Cooper, III Mgmt Against Against 1B. Election of Director: Mark A. Crosswhite Mgmt Against Against 1C. Election of Director: O. B. Grayson Hall, Mgmt Against Against Jr. 1D. Election of Director: Anthony A. Joseph Mgmt For For 1E. Election of Director: Robert D. Powers Mgmt For For 1F. Election of Director: Catherine J. Randall Mgmt Against Against 1G. Election of Director: R. Mitchell Mgmt For For Shackleford, III 1H. Election of Director: Selwyn M. Vickers Mgmt For For 1I. Election of Director: Phillip M. Webb Mgmt For For -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 935345670 -------------------------------------------------------------------------------------------------------------------------- Security: 060505583 Meeting Type: Annual Meeting Date: 20-Apr-2021 Ticker: BMLPRL ISIN: US0605055831 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Sharon L. Allen Mgmt For For 1B. Election of Director: Susan S. Bies Mgmt For For 1C. Election of Director: Frank P. Bramble, Sr. Mgmt Against Against 1D. Election of Director: Pierre J.P. de Weck Mgmt Against Against 1E. Election of Director: Arnold W. Donald Mgmt Against Against 1F. Election of Director: Linda P. Hudson Mgmt Against Against 1G. Election of Director: Monica C. Lozano Mgmt Against Against 1H. Election of Director: Thomas J. May Mgmt Against Against 1I. Election of Director: Brian T. Moynihan Mgmt For For 1J. Election of Director: Lionel L. Nowell III Mgmt For For 1K. Election of Director: Denise L. Ramos Mgmt Against Against 1L. Election of Director: Clayton S. Rose Mgmt Against Against 1M. Election of Director: Michael D. White Mgmt Against Against 1N. Election of Director: Thomas D. Woods Mgmt For For 1O. Election of Director: R. David Yost Mgmt Against Against 1P. Election of Director: Maria T. Zuber Mgmt For For 2. Approving our executive compensation (an Mgmt Against Against advisory, nonbinding "Say on Pay" resolution). 3. Ratifying the appointment of our Mgmt Against Against independent registered public accounting firm for 2021. 4. Amending and restating the Bank of America Mgmt Against Against Corporation Key Employee Equity Plan. 5. Shareholder proposal requesting amendments Shr For Against to our proxy access by law. 6. Shareholder proposal requesting amendments Shr For Against to allow shareholders to act by written consent. 7. Shareholder proposal requesting a change in Shr Against For organizational form. 8. Shareholder proposal requesting a racial Shr For Against equity audit. -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 935345670 -------------------------------------------------------------------------------------------------------------------------- Security: 060505591 Meeting Type: Annual Meeting Date: 20-Apr-2021 Ticker: BMLPRJ ISIN: US0605055914 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Sharon L. Allen Mgmt For For 1B. Election of Director: Susan S. Bies Mgmt For For 1C. Election of Director: Frank P. Bramble, Sr. Mgmt Against Against 1D. Election of Director: Pierre J.P. de Weck Mgmt Against Against 1E. Election of Director: Arnold W. Donald Mgmt Against Against 1F. Election of Director: Linda P. Hudson Mgmt Against Against 1G. Election of Director: Monica C. Lozano Mgmt Against Against 1H. Election of Director: Thomas J. May Mgmt Against Against 1I. Election of Director: Brian T. Moynihan Mgmt For For 1J. Election of Director: Lionel L. Nowell III Mgmt For For 1K. Election of Director: Denise L. Ramos Mgmt Against Against 1L. Election of Director: Clayton S. Rose Mgmt Against Against 1M. Election of Director: Michael D. White Mgmt Against Against 1N. Election of Director: Thomas D. Woods Mgmt For For 1O. Election of Director: R. David Yost Mgmt Against Against 1P. Election of Director: Maria T. Zuber Mgmt For For 2. Approving our executive compensation (an Mgmt Against Against advisory, nonbinding "Say on Pay" resolution). 3. Ratifying the appointment of our Mgmt Against Against independent registered public accounting firm for 2021. 4. Amending and restating the Bank of America Mgmt Against Against Corporation Key Employee Equity Plan. 5. Shareholder proposal requesting amendments Shr For Against to our proxy access by law. 6. Shareholder proposal requesting amendments Shr For Against to allow shareholders to act by written consent. 7. Shareholder proposal requesting a change in Shr Against For organizational form. 8. Shareholder proposal requesting a racial Shr For Against equity audit. -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 935345670 -------------------------------------------------------------------------------------------------------------------------- Security: 060505625 Meeting Type: Annual Meeting Date: 20-Apr-2021 Ticker: BMLPRH ISIN: US0605056250 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Sharon L. Allen Mgmt For For 1B. Election of Director: Susan S. Bies Mgmt For For 1C. Election of Director: Frank P. Bramble, Sr. Mgmt Against Against 1D. Election of Director: Pierre J.P. de Weck Mgmt Against Against 1E. Election of Director: Arnold W. Donald Mgmt Against Against 1F. Election of Director: Linda P. Hudson Mgmt Against Against 1G. Election of Director: Monica C. Lozano Mgmt Against Against 1H. Election of Director: Thomas J. May Mgmt Against Against 1I. Election of Director: Brian T. Moynihan Mgmt For For 1J. Election of Director: Lionel L. Nowell III Mgmt For For 1K. Election of Director: Denise L. Ramos Mgmt Against Against 1L. Election of Director: Clayton S. Rose Mgmt Against Against 1M. Election of Director: Michael D. White Mgmt Against Against 1N. Election of Director: Thomas D. Woods Mgmt For For 1O. Election of Director: R. David Yost Mgmt Against Against 1P. Election of Director: Maria T. Zuber Mgmt For For 2. Approving our executive compensation (an Mgmt Against Against advisory, nonbinding "Say on Pay" resolution). 3. Ratifying the appointment of our Mgmt Against Against independent registered public accounting firm for 2021. 4. Amending and restating the Bank of America Mgmt Against Against Corporation Key Employee Equity Plan. 5. Shareholder proposal requesting amendments Shr For Against to our proxy access by law. 6. Shareholder proposal requesting amendments Shr For Against to allow shareholders to act by written consent. 7. Shareholder proposal requesting a change in Shr Against For organizational form. 8. Shareholder proposal requesting a racial Shr For Against equity audit. -------------------------------------------------------------------------------------------------------------------------- PS BUSINESS PARKS, INC. Agenda Number: 935392299 -------------------------------------------------------------------------------------------------------------------------- Security: 69360J552 Meeting Type: Annual Meeting Date: 04-May-2021 Ticker: PSBPRZ ISIN: US69360J5526 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 3. Approval of the reincorporation of the Mgmt For For Company from the State of California to the State of Maryland. -------------------------------------------------------------------------------------------------------------------------- PS BUSINESS PARKS, INC. Agenda Number: 935392299 -------------------------------------------------------------------------------------------------------------------------- Security: 69360J578 Meeting Type: Annual Meeting Date: 04-May-2021 Ticker: PSBPRY ISIN: US69360J5781 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 3. Approval of the reincorporation of the Mgmt For For Company from the State of California to the State of Maryland. -------------------------------------------------------------------------------------------------------------------------- PS BUSINESS PARKS, INC. Agenda Number: 935392299 -------------------------------------------------------------------------------------------------------------------------- Security: 69360J594 Meeting Type: Annual Meeting Date: 04-May-2021 Ticker: PSBPRX ISIN: US69360J5948 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 3. Approval of the reincorporation of the Mgmt For For Company from the State of California to the State of Maryland. -------------------------------------------------------------------------------------------------------------------------- PS BUSINESS PARKS, INC. Agenda Number: 935392299 -------------------------------------------------------------------------------------------------------------------------- Security: 69360J628 Meeting Type: Annual Meeting Date: 04-May-2021 Ticker: PSBPRW ISIN: US69360J6284 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 3. Approval of the reincorporation of the Mgmt For For Company from the State of California to the State of Maryland. * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Innovator ETFs Trust II By (Signature) /s/ H Bruce Bond Name H Bruce Bond Title President Date 8/16/2021