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Significant Expansion from 2020 to 2025

Storyknife, March/April 2025 edition

Since its creation, ¾ÅÉ«ÊÓƵ has provided $160.1 million in total distributions to Shareholders. Over half of this amount—$85 million—has been declared since 2020. During this same period, ¾ÅÉ«ÊÓƵ also has experienced a large expansion in enrollment, digital services and customer service.

Following are some numbers and information related to these important trends.

Did you know? ¾ÅÉ«ÊÓƵ’s Board of Directors must approve all Shareholder distributions. Here is a background on the three types of distributions made to ¾ÅÉ«ÊÓƵ Shareholders.

Spring Distribution:

• Provided to all Shareholders, usually in April
• Total to date: $115.1 million
• How it’s calculated: The formula to determine the amount of each spring distribution is based on 3.5%of the average Shareholders’ equity for the past three years.
• Shareholders equity is the total of all of a corporation’s assets (what’s owned, cash, etc.) and subtracting all the liabilities (what is owed, like loans and other debts).

Akilista Distribution:

• Provided to all Shareholders, usually in November
• Total to date: $32.5 million
• How it’s calculated: The formula to determine the amount is based on 4% of the average Akilista investment portfolio balance for the past three years. Akilista is an investment fund created to provide a perpetual source of distributions not dependent on business operations.

Elders’ Benefit Program:

• Provided to original Shareholders 65 years of age or older, usually in December
• Total: $12.4 million
• How it’s calculated: The Elders’ Benefit distribution is a set amount per eligible Elder, not per share. The fixed amount per eligible Elder is approved by the Board of Directors based on a financial analysis performed by management.
• Shareholders voted to approve this program through an advisory resolution vote during the 2007 Annual Meeting of Shareholders in Chevak.

How Distributions are Paid:

• The average Shareholder has 100 shares, but some have less and others have more due to inheritance or gifting.
• The two distributions are spread equally by share across an ever-growing number of Shareholders.
• The number of shares grew from 1,330,000 in 1972 to over 4,154,000 in early 2025.

More Shareholders, More Customer Service, More Paper

• Shareholders voted to open enrollment to Descendants and those who missed enrollment in 1971. The number of Shareholders has increased significantly from approximately 13,000 to over 38,400 Shareholders.
• The increase in Shareholders keeps ¾ÅÉ«ÊÓƵ staff busy! In 2024, Shareholder Services received over 56,000 contacts (calls, emails, visits, etc.).
• Additionally, the increase in Shareholders results in a large amount of paper being used for Annual Meeting materials—11,000 pounds in 2024.

Growth in Digital Services

A growing number of Shareholders are internet-savvy and want ¾ÅÉ«ÊÓƵ to provide digital services. Here are some examples of the growth in our digital services:

• Over 8,500 My¾ÅÉ«ÊÓƵ accounts, compared to 6,600 in 2020
• Over 16,600 signups for direct deposit, compared to 10,000 in 2020
• Over 2,000 signups for electronic Annual Meeting materials (saved 1,900 pounds of paper in 2024)
• 82 percent of Shareholders who voted in the 2024 Annual Meeting voted online, compared to 2.5 percent in 2014; more than 1 in 3 Elders have voted online in the past few years