More Than 700 Attend Sealaska's 34th Annual Meeting

On Saturday, June 23, shareholders gathered in Anchorage, Alaska, for Sealaska’s 34th annual meeting. Sealaska held elections for the historic descendants, Elders, and Leftouts resolutions; held board of director elections; reported on its 2006 business activities; and updated shareholders on Sealaska’s corporate strategy and the Sealaska Heritage Institute.

More than 450 shareholders and guests attended the meeting in person, and an additional 278 households attended via live webcast.

The Tlingit and Haida Dancers of Anchorage opened the meeting with a dance performance, while Naa Luudisk Gwaii Yatx’i (Children of the Islands Who Continue to Learn) performed a closing dance. Throughout the day, shareholders carried off cedar provided by the Sealaska Timber Corporation and mingled with friends and family as well as with Sealaska staff. There was also a spirited questions and answer period, in addition to a multitude of drawings for door prizes. The shareholder fair also offered a wealth of beautiful Native art for sale.

1,086,959 shares were cast this year, either in person or by proxy, at this year's historic election--a turnout that represented 71.15% of the total number of shares. Four directors were also elected to the Sealaska board to serve three year terms ending in 2010. Clarence Jackson, Patrick Anderson, Jodi Mitchell and Jackie Johnson received the highest votes and were elected.

The board of directors elected Albert Kookesh to serve as chair and Rosita Worl to serve as vice chair at a reorganization meeting following the adjournment of the annual meeting. Sealaska management was also re-elected by the board, including: Chris E. McNeil, Jr., president and CEO; Rick Harris, executive vice president; Sam Landol, chief operating officer; Anthony Mallott, chief investment officer and treasurer; Nicole Hallingstad, vice president and corporate secretary; and Richard Rinehart, vice president and chief financial officer.

Board Election Results

	Shares Received
Clarence Jackson, Sr.	726,844
Patrick M. Anderson	726,328
Jodi Mitchell	725,565
Jackie Johnson	725,544
Michael Lee Beasley	291,643
Mary Marks	201,609
Dominic Salvato	162,847
Willie Micklin - Yaan Yaan Eesh	137,844
Carlos C. Cadiente	120,737
Roxanne Banguis	113,052
Marcy Peterson	61,160

Resolution Vote Results

	Shares Voted Yes	Shares Voted No
Descendants	622,084 (57.23%)	446,213 (41.05%)
Leftouts	620,873 (57.12%)	447,597 (41.18%)
Elders	694,652 (63.91%)*	373,296 (34.34%)

*The Elders resolution DID NOT pass because it required a different voting standard. It needed a majority of the total voting power of the Corporation, or 50%+1 of 1,527,600 shares. The 694,652 YES votes fell short of the 763,801 needed to pass.

Are You Eligible For New Sealaska Stock?
If you think you are a descedant or Leftout who may be eligible for new shares in Sealaska, or if you know someone that could be eligible, please visit our Applications Page to apply.

2007 Annual Meeting Photos
To view photos from this year's annual meeting online, click here.

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