Bradley, Foster & Sargent, Inc. is a corporation organized under the laws of the State of Connecticut. We are registered with the SEC as an investment adviser. We have been in business since July 1994. Our fiscal year ends on December 31. We provide investment advisory services for individuals, families, non-profits, institutions, a mutual fund, and a private investment fund. These services constitute approximately 99% of our total advisory billings. We also provide investment advice through consultations, which totals about 1% of our billings. We purchase for our clients’ portfolios and offer advice on equity securities, including exchange- listed securities, securities traded over the counter, and foreign issuers. We also purchase for our client’s portfolios and offer advice on warrants, corporate debt securities (other than commercial paper), certificates of deposit, municipal securities, mutual fund shares, United States government securities, options contracts on securities, and publicly quoted partnerships investing in oil and gas interests. Our approach is to develop, implement and monitor investment programs to create individualized portfolios structured to address each client’s specific requirements, which may include client- imposed restrictions on investing in certain securities or types of securities. At the outset of each relationship, we seek to understand the personal goals and unique circumstances of our clients and to discuss the client’s requirements and objectives, as well as our recommended approach, to ensure that

the ensuing relationship will be based upon a shared understanding of what we can offer and what the client can expect. As of December 31, 2023, we managed XXX accounts, including the BFS Equity Fund, a registered investment company (the “BFS Equity Fund”), and Crystal Partners Fund Limited Partnership, a private investment fund (the “Crystal Partners Fund”). As of December 31, 2023, we managed approximately $6.8 billion in assets, comprised of XXX discretionary accounts, totaling approximately XXX billion, and 6 non-discretionary accounts, totaling approximately $XXX million. Investors and prospective investors in the BFS Equity Fund should refer to the prospectus for more detailed information about the BFS Equity Fund. Investors and prospective investors in the Crystal Partners Fund should refer to the confidential private placement memorandum, limited partnership agreement, and other governing documents for more complete information on the investment objectives and investment restrictions. Our standard business hours are Monday through Friday, from 8:00 a.m. to 5:00 p.m. As of December 31, 2023, we had 48 full-time employees and one part-time employee. Of the 48 full- time employees, 17 performed investment advisory functions (including research). We also sponsor an internship program. Two to four interns are employed on a part-time basis during each fall and spring semester, with three to four interns employed full-time during the summer. We are required by law to keep books and records, all of which are kept on our premises.