Annual Meeting October 1, 2016

Our Annual Meeting will be held Saturday, October 1, 2016 at 9:30am at the

Doubletree Guest Suites Southcenter

16500 Southcenter Parkway, Seattle, Washington.

Registration starts at 9am.

At the meeting, the shareholders will elect three (3) Directors, each to serve a term of three (3) years. Proxy material were mailed in August.

We urge you to complete, date and sign your proxy, then return it in the enclosed stamped envelope as soon as possible, or you may go online and complete your proxy at www.koniagvote.com. The proxy you grant may also be used to vote on any adjournment of the meeting.

If you return the proxy by mail, fax or via the Internet, you can still revoke it at any time before or at the meeting and vote in person at the meeting, as long as you follow the instructions for revocation contained in the following Proxy Statement.

All proxies must be received at the offices of

Sramek-Hightower, C.P.A.

PO Box 240569

2525 C Street, Suite 100

Anchorage, Alaska 99503

Fax 907-561-4341

On or before 5 p.m., Wednesday, September 28, 2016, in order to assure they are being voted. Any proxies received after that time will not be voted at the meeting.

Koniag 2016 Proxy Statement

Koniag 2016 Proxy Form