diff --git a/bom/application/pom.xml b/bom/application/pom.xml
index f4d30f99a4447..8ab52865056b4 100644
--- a/bom/application/pom.xml
+++ b/bom/application/pom.xml
@@ -46,7 +46,7 @@
         <smallrye-open-api.version>2.1.22</smallrye-open-api.version>
         <smallrye-graphql.version>1.6.0</smallrye-graphql.version>
         <smallrye-opentracing.version>2.1.0</smallrye-opentracing.version>
-        <smallrye-fault-tolerance.version>5.4.0</smallrye-fault-tolerance.version>
+        <smallrye-fault-tolerance.version>5.4.1</smallrye-fault-tolerance.version>
         <smallrye-jwt.version>3.5.1</smallrye-jwt.version>
         <smallrye-context-propagation.version>1.2.2</smallrye-context-propagation.version>
         <smallrye-reactive-streams-operators.version>1.0.13</smallrye-reactive-streams-operators.version>
diff --git a/extensions/smallrye-fault-tolerance/deployment/src/main/java/io/quarkus/smallrye/faulttolerance/deployment/FaultToleranceScanner.java b/extensions/smallrye-fault-tolerance/deployment/src/main/java/io/quarkus/smallrye/faulttolerance/deployment/FaultToleranceScanner.java
index e6dbcce1a75f1..c400b66bb8977 100644
--- a/extensions/smallrye-fault-tolerance/deployment/src/main/java/io/quarkus/smallrye/faulttolerance/deployment/FaultToleranceScanner.java
+++ b/extensions/smallrye-fault-tolerance/deployment/src/main/java/io/quarkus/smallrye/faulttolerance/deployment/FaultToleranceScanner.java
@@ -24,6 +24,7 @@
 import io.quarkus.gizmo.ClassOutput;
 import io.smallrye.common.annotation.Blocking;
 import io.smallrye.common.annotation.NonBlocking;
+import io.smallrye.faulttolerance.api.ApplyFaultTolerance;
 import io.smallrye.faulttolerance.api.CircuitBreakerName;
 import io.smallrye.faulttolerance.api.CustomBackoff;
 import io.smallrye.faulttolerance.api.ExponentialBackoff;
@@ -119,6 +120,7 @@ FaultToleranceMethod createFaultToleranceMethod(ClassInfo beanClass, MethodInfo
         result.retry = getAnnotation(Retry.class, method, beanClass, annotationsPresentDirectly);
         result.timeout = getAnnotation(Timeout.class, method, beanClass, annotationsPresentDirectly);
 
+        result.applyFaultTolerance = getAnnotation(ApplyFaultTolerance.class, method, beanClass, annotationsPresentDirectly);
         result.circuitBreakerName = getAnnotation(CircuitBreakerName.class, method, beanClass, annotationsPresentDirectly);
         result.customBackoff = getAnnotation(CustomBackoff.class, method, beanClass, annotationsPresentDirectly);
         result.exponentialBackoff = getAnnotation(ExponentialBackoff.class, method, beanClass, annotationsPresentDirectly);