A. Firm Description All Season Financial Advisors, Inc. (the “Registrant”) is a Colorado corporation formed on November 2, 1979. The Registrant became registered as an Investment Adviser Firm in December 1981. The Registrant is owned by Samuel F. Jones, the Registrant’s President. B. Types of Advisory Services As discussed below, the Registrant offers to its clients (individuals, business entities, trusts, estates and charitable organizations, etc.) investment advisory services. The Registrant does not hold itself out as providing in-house financial planning, estate planning or accounting services but does so through partnerships with local professionals. INVESTMENT ADVISORY SERVICES If a client determines to engage the Registrant to provide discretionary investment advisory services on a fee-only basis, the Registrant’s annual investment advisory fee shall be based upon a percentage (%) of the market value and range between 0.70% and 1.8%. of assets placed under the Registrant’s management. The Firm may provide advisory clients with a financial plan at no extra charge. Registrant’s annual investment advisory fee shall include investment advisory services, and, to the extent specifically requested by the client, consulting services. USE of INDEPENDENT MANAGERS Registrant may select certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which a client engages an Independent Manager may be set forth in a separate written agreement with the designated Independent Manager. In addition to this brochure, clients may also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. Registrant evaluates a variety of information about Independent Managers, which includes the Independent Managers’ public disclosure documents, materials supplied by the Independent Managers themselves, and other third-party analyses it believes are reputable. To the extent possible, the Registrant seeks to assess the Independent Managers’ investment strategies, past performance, and risk results in relation to its clients’ individual portfolio allocations and risk exposure. Registrant also takes into consideration each Independent Manager’s management style, returns, reputation, financial strength, reporting, pricing, and research capabilities, among other factors. Registrant continues to provide services relative to the discretionary or non-discretionary selection of the Independent Managers. On an ongoing basis, the Registrant monitors the performance of those accounts being managed by Independent Managers. Registrant seeks to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. MISCELLANEOUS Limited Consulting/Implementation Services. Registrant does not hold itself out as providing estate planning or accounting services. The Registrant may provide limited consultation services to its investment management clients on investment and non- investment related matters, such as estate planning, tax planning, insurance, etc. at the request of the client. Registrant shall not receive any separate or additional fee for any such consultation services. Neither the Registrant, nor any of its representatives, serves as an attorney, accountant, or licensed insurance agent, and no portion of the Registrant’s services should be construed as same. To the extent requested by a client, the Registrant may recommend the services of other professionals for certain non-investment implementation purposes (i.e. attorneys, accountants, insurance, etc.). The client is under no obligation to engage the services of any such recommended professional. The client retains absolute recommendation from the Registrant. Please Note: If the client engages any such recommended professional, and a dispute arises thereafter relative to such engagement, the client agrees to seek recourse exclusively from and against the engaged professional. Please Also Note: It remains the client’s responsibility to promptly notify the Registrant if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising

Registrant’s previous recommendations and/or services. Please Note: Use of Inverse and Leveraged Inverse Securities. All Season Financial Advisors periodically uses inverse and/or leveraged inverse securities in our “All Season” risk managed investment strategy as a means of mitigating total portfolio volatility. Inverse securities (ETFS and mutual funds) function as short positions against a benchmark index like the S&P 500, the Nasdaq 100 or the Russell 2000 indices. In highly volatile markets that are showing clear indications of weakness and falling prices as determined through our analysis of technical conditions, All Season will use inverse and leverage inverse securities in small percentages (typically 3-5% of total portfolio value) to hedge against price declines among the remainder of the investments in the portfolio. Holding periods for any inverse securities are short term (typically 2-3 weeks or less). Inverse securities can lose value in rising markets and are not suitable for long-term holding periods. Suitability tests for clients of All Season Financial Advisors, determine each clients’ asset allocation to a prescribed mix of investment strategies, including allocations to risk managed strategies where we employ the use of inverse securities. Suitability, including risk tolerance, age, time horizon, financial profile and level of sophistication are reviewed with new clients at the start of our relationship and annually with existing clients during client reviews. Clients will acknowledge and accept prescriptive asset allocations via the Investment Policy Statement. There can be no assurance that any such strategy will prove profitable or successful (please see Item 8 for a full description of the risks). In light of these enhanced risks/rewards, a client may direct the Registrant, in writing, not to employ any or all such strategies for his/her/their/its accounts. Trade Error Policy. Registrant maintains a record of any trading errors that occur in connection with investment activities of its clients. Both gains and losses that result from a trading error made by All Season Financial Advisors, Inc. will be borne or realized by All Season Financial Advisors, Inc., but shall not credit accounts for such errors resulting in market gains. Any gains and losses are reconciled quarterly within the Registrant’s custodian firm account, and Registrant absorbs the losses while any gains are distributed to various charitable organizations per the Registrant’s custodian’s policy. Client Obligations. In performing its services, Registrant shall not be required to verify any information received from the client or from the client’s other professionals and is expressly authorized to rely thereon. Moreover, each client is advised that it remains his/her/its responsibility to promptly notify the Registrant if there is ever any change in his/her/its financial situation or investment objectives for the purpose of reviewing/evaluating/revising Registrant’s previous recommendations and/or services. Disclosure Statement. A copy of the Registrant’s written Brochure as set forth on Part 2A of Form ADV shall be provided to each client prior to, or contemporaneously with, the execution of the Investment Advisory Agreement. Any client who has not received a copy of Registrant’s written Brochure at least 48 hours prior to executing the Investment Advisory Agreement shall have five business days subsequent to executing the agreement to terminate the Registrant’s services without penalty. C. Services Tailored to Clients’ Needs The Registrant shall provide investment advisory services specific to the needs of each client. Prior to providing investment advisory services, an investment adviser representative will ascertain each client’s investment objective(s). Thereafter, the Registrant shall allocate and/or recommend that the client allocate investment assets consistent with the designated investment objective(s). The client may, at any time, impose reasonable restrictions, in writing, on the Registrant’s services. D. Wrap Fee Program The Registrant does not participate in a wrap fee program. E. Assets Under Management As of December 31, 2023, the Registrant had $164,270,134 in assets under management on a discretionary basis and no non-discretionary management.