Shareholder Distribution

Dear Kake Tribal Corporation Shareholder,

The purpose of this correspondence is to provide you with Kake Tribal Corporation’s 2022 consolidated financial statements, and a current bad address list.

Kake Tribal Corporation (KTC) also wants to formally announce that there will be a shareholder distribution. This is the first distribution in over 20 years. Please read the following information and look for more updates as they become available.

Distribution Amount

KTC shareholders will receive a distribution of $5.00 per share, from money received from Sealaska as part of ANCSA 7(j)

Record Date

The Record Date for this distribution is Wednesday May 31, 2023. 

• This is the last day for shareholders to update their shareholder record files with backup documentation to support releasing a dividend. This includes W9, state-issued ID, birth certificate, and banking information (if applicable)
• Any giftings of shares must be completed by this date, so please ensure all supporting documentation is provided for the gifting to be processed
• Shareholder who are on the bad address list will have their dividends withheld until records are updated. Please help your family and friends to ensure their information is updated
• If all shareholder information is up to date, no action is needed

The fastest way for shareholders to contact KTC Shareholder Relations department is via info@kaketribalcorp.com or 907.785.3221 Ext 314.

Distribution Date

• The distribution date will be determined following the KTC Board of Directors meeting, to be held in June 2023
• Once announced, checks will be mailed out on this date. Direct deposits will be transferred on this date

Note: Please note that checks may take up to two weeks to arrive. The fastest way to receive your distribution is to sign up for direct deposit.