A. Description of the Advisory Firm Hickory Asset Management, Inc. is a Corporation organized in the state of Ohio. The firm was formed December 12, 2002 as Daniel Gilbert LeScoezec, Inc. The firm changed its name to Hickory Asset Management in March 2008. Hickory Asset Management, Inc. is a wholly-owned subsidiary of Bluespring Wealth Partners, LLC. Bluespring Wealth Partners, LLC is a wholly-owned subsidiary of Kestra Financial, Inc. The President Founderis Daniel Gilbert Lescoezec and the Chief Compliance Officer is Ryan Robert Robaugh. B. Types of Advisory Services Hickory Asset Management, Inc. (hereinafter “HAM”) offers the following services to advisory clients: Investment Supervisory Services HAM offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. HAM creates an Investment Policy Statement for each client, which outlines the client’s current situation (income, tax levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a portfolio that matches each client’s specific situation. HAM evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. HAM will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Risk tolerance levels are documented in the Investment Policy Statement, which is given to each client. HAM will invest in accordance with the Investment Policy Statement and portfolios will remain invested per the Risk Profile unless notified by client of change in goals, objectives, time horizon, or risk tolerance. HAM will fully invest portfolios per the Risk Profile and not engage in timing the market. Financial Planning Financial planning is a process of setting objectives, assessing assets and resources,

estimating future financial needs, and making plans to achieve goals. Many elements may be involved in this process, including investing, asset allocation, and risk management. These services are based on fixed fees and the final fee structure is documented in Exhibit II of the Financial Planning Agreement. Services Limited to Specific Types of Investments HAM generally limits its investment advice and/or money management to open end mutual funds, exchange traded funds, closed end funds, individual equities, preferred stocks, real estate investment trusts, and insurance products including annuities. HAM may use other securities as well to help diversify a portfolio when applicable. C. Client Tailored Services and Client Imposed Restrictions HAM offers the same suite of services to all of its clients. However, specific client investment strategies and their implementation are dependent upon the client Investment Policy Statement which outlines each client’s current situation (income, tax levels, and risk tolerance levels) and is used to construct a client specific plan to aid in the selection of a portfolio that matches restrictions, needs, and targets. Clients may impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. However, if the restrictions prevent HAM from properly servicing the client account, or if the restrictions would require HAM to deviate from its standard suite of services, HAM reserves the right to end the relationship. D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and any other administrative fees. HAM does not participate in any wrap fee programs. E. Amounts Under Management HAM has the following assets under management: Discretionary Non-discretionary Date Calculated: $ 202,701,922.00 $ 21,892,144.00 December 2023