Firm Description Trellis Advisors, LLC (Trellis, “we,” “our,” “us,” “the firm”) is an SEC-registered investment adviser with its principal place of business located in Ellensburg, Washington, and with an office located in Seattle, Washington. Trellis Advisors, LLC was founded in 2005 by M. Ray Gilmour who owns 100% of the company. We provide clients with financial planning, investment and non-investment related consulting, and discretionary investment management services. Trellis is a fee-only firm that embraces the fiduciary standard of putting our clients’ interests first. Advisory Services Clients generally engage us to provide initial and ongoing financial planning and discretionary investment management services on a fee-only basis. We serve clients as follows: Analyze Current Situation - Assist clients in reviewing current financial situation to identify unique needs, goals and constraints. As appropriate, we also review and discuss a client's prior investment history, as well as family composition and background. Develop Asset Allocation - Help clients understand their risk tolerance, tax situation, time horizon, and cash flow needs. Assist clients in defining appropriate investment objectives and allocating investment assets among different asset classes and different investment styles to optimize the risk and return objectives. Formalize Investment Plan - Prepare a written investment policy statement and asset allocation model that details the implementation of the investment strategy and guidelines consistent with the client's goals and risk tolerance. Implementation - Assist clients in selecting specific investment vehicles and implementation of the investment plan. Trellis primarily implements investment recommendations with mutual funds, exchange-traded funds and other types of managed accounts (collectively, "Funds"). Trellis may utilize independent third-party money managers for part of the client’s portfolio implementation. Depending on a client's individual circumstances and needs, Trellis may determine that the client’s portfolio is suitable for one or more third-party money managers and assist the client in selecting the money manager. The third-party money manager will have discretionary authority over the portion of the client’s assets under their management, though Trellis will also retain discretionary authority to reallocate among managers or to terminate a particular third-party manager’s oversight. Clients will enter into a separate agreement with the third-party manager describing the terms of the arrangement and the specific fees to be charged. See Item 5 for additional information on fees charged by these managers. Monitoring & Supervision - Provide ongoing advice regarding the selection of investments and changes to the asset allocation, as appropriate. Periodic reports will be provided to clients, as well as monthly statements from the custodian, Charles Schwab & Co., Inc. (see Brokerage Practices section). Provide ongoing review, analysis, and monitoring of investments including performance and costs. Personal Financial Consulting - In addition to the services above, Trellis provides personal financial consulting to clients upon request. Financial consulting services generally include an analysis of a client's net worth, cash flow projections, retirement planning, education savings, and limited estate planning, as well as providing other advice as requested by clients, such as advice about real estate and insurance. Some clients are provided a written plan that includes a personal balance sheet and

certain projections. All reports, financial statement projections, and analyses are intended exclusively for client use in developing and implementing their financial plan. In view of this limited purpose, the statements should not be considered complete financial statements. Accordingly, clients should understand that such statements cannot be used to obtain credit or for any purpose other than developing their personal financial plan. Trellis will not audit (examine), review or compile such statements and, accordingly Trellis will not express an opinion or other form of assurance on them, including the reasonableness of assumptions and other data on which any prospective financial statements are based. It is likely that there will be differences between projected and actual results because events and circumstances frequently do not occur as expected and such differences may be material. Trellis' analyses will be highly dependent on certain economic assumptions that clients must make about the future. Therefore, another important step in the process is establishing the client's familiarity with historical data regarding key assumptions such as inflation and investment rates of return as well as an understanding of how significantly these assumptions affect the results of the analyses. Trellis may counsel clients as to the consistency of the client's assumptions with relevant historical data, but Trellis will not express any assurance as to the accuracy or reasonableness of their specific data and assumptions. Clients are ultimately responsible for the assumptions and personal data upon which Trellis' procedures and projections are based. In performing our services, we are not required to verify any information received from the client or from the client's other professionals and we are expressly authorized to rely on the information provided. Clients are advised that it remains their responsibility to promptly notify us if there is ever any change in their financial situation or investment objectives for the purpose of reviewing/evaluating/revising Trellis' previous recommendations and/or services. Our independent, objective investment advice is not limited to any specific product or service. Our services are tailored to the individual needs of clients through the analysis and implementation methods described above. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Important Information for Retirement Investors When we recommend that you rollover retirement assets or transfer existing retirement assets (such as a 401(k) or an IRA) to our management, we have a conflict of interest. This is because we will generally earn additional revenue when we manage more assets. In making the recommendation, however, we do so only after determining that the recommendation is in your best interest. Further, in making any recommendation to transfer or rollover retirement assets, we do so as a “fiduciary,” as that term is defined in ERISA or the Internal Revenue Code, or both. We also acknowledge we are a fiduciary under ERISA or the Internal Revenue Code with respect to our ongoing investment advisory recommendations and discretionary asset management services, as described in the advisory agreement we execute with you. To the extent we provide non-fiduciary services to you, those will be described in the advisory agreement. Amount of Managed Assets As of December 31, 2022, Trellis managed approximately $427.6 million of clients' assets on a discretionary basis, and approximately $2 million of clients’ assets on a non-discretionary basis.