Page 4 A. Fusion Capital, LLC Fusion Capital, LLC (“Fusion” or “the firm”), is a South Carolina limited liability company and SEC- registered investment adviser principally owned by Jason Mengel and Dan Webster. Fusion has been in operation since August 2010. B. Advisory Services Offered Fusion is an independent investment advisory firm offering a variety of financial services to individuals and high-net-worth individuals, trusts, retirement plans, pension and profit sharing plans, charitable organizations, corporations, partnerships, and other legal entities. For its discretionary asset management services, Fusion receives a limited power of attorney to effect securities transactions on behalf of its clients that include securities and strategies described in Item 8 of this Brochure. Discretionary Asset Management Services Fusion’s discretionary asset management services are predicated on the client's investment objectives, goals, tolerance for risk, and other personal and financial circumstances. Fusion will analyze each client's current investments, investment objectives, goals, age, time horizon, financial circumstances, investment experience, investment restrictions and limitations, and risk tolerance and implement a portfolio consistent with such investment objectives, goals, risk tolerance, and related financial circumstances. Fusion’s objective is to review the client’s tax, financial, and estate planning objectives and goals in connection with the client’s investment objectives, goals, tolerance for risk, and other personal and financial circumstances and make appropriate recommendations and implementation decisions. Fusion may engage third-party service providers to assist with the tax and estate planning portion of the services provided to clients. In addition, Fusion may utilize third-party software to analyze individual security holdings and separate account managers utilized within the client’s portfolio. Fusion may prepare an investment policy statement based on the client’s investment objectives, goals, and tolerance for risk and such other factors unique to the client and provide appropriate recommendations and implementation decisions. On a quarterly basis, Fusion, in connection with a third-party service provider, will provide clients with reports regarding the performance of their portfolios. In addition, Fusion will monitor those portfolios and make additional recommendations and implementation decisions from time to time to rebalance and/or reallocate each client's investments in accordance with such client’s investment policy statement, as applicable. Fusion’s investment advisory services will take into account the client's personal financial circumstances, investment objectives, and tolerance for risk (e.g., cash-flow, tax, and estate). Fusion’s engagement with the client will include, as appropriate, the following: Page 5 ▪ Providing assistance in reviewing the client's current investment portfolio against the client's personal and financial circumstances as disclosed to Fusion in response to a questionnaire and/or in discussions with the client and reviewed in meetings

with Fusion. ▪ Analyzing the client's financial circumstances, investment holdings and strategy, and goals. ▪ Providing assistance in identifying a targeted asset allocation and portfolio design. ▪ Implementing and/or recommending securities and strategies as itemized in Item 8 of this Brochure. ▪ Reporting to the client on a quarterly basis—or at some other interval agreed upon with the client—information on contributions and withdrawals in the client's investment portfolio, and the performance of the client's portfolio measured against appropriate benchmarks (including benchmarks selected by the client). ▪ Proposing changes in the client's investment policy statement and/or investment portfolio in consideration of changes in the client's personal circumstances, investment objectives and tolerance for risk, the performance record of any of the client's investments, and/or the performance of any fund retained by the client. In addition to providing Fusion with information regarding their personal financial circumstances, investment objectives, and tolerance for risk, clients are obligated to provide Fusion with any reasonable investment restrictions that should be imposed on the management of their portfolio, and to promptly notify Fusion in writing of any changes in such restrictions or in their personal financial circumstances, investment objectives, goals, and tolerance for risk. On a quarterly basis, Fusion’s reports to clients will remind them of their obligation to inform Fusion of any such changes or restrictions that should be imposed on the management of their account. Fusion will also contact clients at least annually to determine whether there have been any changes in their personal financial circumstances, investment objectives, and tolerance for risk. Fusion Model Portfolios Fusion offers a series of actively managed model portfolios for clients, subject to the appropriateness of a particular model portfolio for the client’s individual personal and financial circumstances, investment objectives, and tolerance for risk. The model portfolios are described in Item 8 of this brochure. Selection of Other Advisers Fusion may recommend third-party investment managers to manage all or a portion the client’s portfolio in accordance with its due diligence procedures detailed in Item 8 of this Brochure. Fees for these services are detailed in Item 5 of this Brochure. C. Client-Tailored Services and Client-Imposed Restrictions Each client’s account will be managed on the basis of the client’s financial situation and investment objectives and in accordance with any reasonable restrictions imposed by the client Page 6 on the management of the account—for example, restricting the type or amount of security to be purchased in the portfolio. D. Wrap Fee Programs Fusion does not participate in wrap fee programs. (Wrap fee programs offer services for one all- inclusive fee.) E. Client Assets Under Management As of December 31, 2023, Fusion had approximately $359,718,011 of discretionary assets and $0 of non-discretionary assets under supervision. Item 5: Fees and Compensation