AB Active ETFs, Inc. - AB International Buffer ETF is a Maryland open-end management investment company issuing the actively managed AB International Buffer ETF (Nasdaq: BUFI), a defined-outcome international-equity ETF launched on December 9, 2024. The Fund seeks moderate capital appreciation while providing potential downside mitigation for investors seeking exposure to developed international equity markets outside the United States. BUFI principally employs Flexible Exchange Options linked to the MSCI EAFE Index to establish rolling three-month hedge periods featuring a targeted 10% downside buffer and targeted 5% upside participation; it may implement a first-loss provision of up to 2% to support a higher upside cap while maintaining a costless options structure. The Fund’s products and services consist of exchange-traded shares offering professionally managed international-equity options exposure; dynamically reset upside caps and downside buffers through an active upside-ratchet mechanism; rolling defined-outcome risk management; and access to institutional-style FLEX Options strategies in a liquid ETF format. The Fund is managed by AllianceBernstein L.P., with Foreside Fund Services, LLC serving as distributor, and is part of the AllianceBernstein corporate group, which operates investment-management businesses internationally. The issuer’s principal operations are associated with AllianceBernstein’s U.S. investment platform, headquartered in Nashville, Tennessee. Recent developments include the December 2024 launch and Nasdaq listing of BUFI as part of AllianceBernstein’s active buffered-ETF expansion; continued implementation of its rolling three-month buffer-and-cap approach, including the potential use of intra-period upside ratchets; and broader expansion of the AB active ETF franchise through additional equity, fixed-income, municipal-bond and low-volatility ETF introductions and fund conversions during 2025 and 2026.