Possible Write-in Candidacy for Koniag Board of Directors Election

This information is provided for Shareholders who are considering a run as a write-in candidate for a seat on the Koniag Board of Directors. Koniag’s Bylaws have requirements regarding Board nominations.

Section 2.7 of the Bylaws lays out the four ways in which a candidate can be nominated for a Board seat. If a Shareholder did not elect to go through the Nomination Committee process, he or she may still run as a write-in candidate under Section 2.7(d). This section states that a candidate can be properly nominated from the floor of the Annual Meeting provided that he or she has filed all required filings with the State of Alaska Division of Banking and Securities. If you have questions about what is required to be filed under the Banking & Securities regulations, we encourage candidates to contact the Agency. The website is http://commerce.alaska.gov/dnn/dbs/ancsa.aspx.

Please contact Jessica Graham, Executive VP & General Counsel, if you need additional information about Koniag’s Bylaws or the election process for write-in candidates.