K’oyitl’ots’ina’s Shareholders

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OPENING THE CONVERSATION

Over the past several years, we have heard shareholders talk more and more about opening enrollment to descendants of original K’oyitl’ots’ina shareholders.

 

With this in mind, we undertook a shareholder survey to begin to gather information on shareholders’ opinions about opening enrollment. The results showed that 69% of shareholders support opening enrollment to descendants of original K’oyitl’ots’ina shareholders. View the full shareholder opinion survey results.

BRINGING OPEN ENROLLMENT TO A VOTE

After extensive review of the survey results, the K’oyitl’ots’ina Board of Directors approved the open enrollment project with Resolution No. 2022-08, which plans to bring open enrollment to a vote of the shareholders in June 2023. The open enrollment project:

 

  • Reclassifies original stock as Class A

  • Creates new Class B stock for descendants

  • Creates new Class C stock for Elders

 

If approved by shareholders, the Open Enrollment Project would issue:

 

  • 25 shares of Class B stock to descendants of original K’oyitl’ots’ina shareholders born after December 18, 1971, who are at least one-quarter Alaska Native or Alaska Native by adoption

  • 25 shares of Class C stock will be issued to existing shareholders that are at least 65 years of age and older (Elders)

 

Descendant enrollees must be:

 

  • Descendant of an original K’oyitl’ots’ina shareholder

  • Born after December 18, 1971

  • At least one-quarter Alaska Native or Alaska Native by adoption

COMMUNICATION AND CONVERSATION

Over the next year, we will be communicating regularly with shareholders through newsletters and social media about the impacts – both positive and negative – of opening enrollment. Our goal is to provide shareholders with the information they need to make a well-informed decision when they vote on open enrollment in June 2023. 

 

Here are some ways you can learn more and get involved in the conversation:

 

 

MARK YOUR CALENDAR

Join us at an upcoming event to learn more about the open enrollment project, ask questions and share your opinion.

 

 

 

OPEN ENROLLMENT WORKSHOPS

Allakaket – July 27, 2022

Alatna – July 27, 2022

Huslia – August 4, 2022

Hughes – August 4, 2022

Fairbanks – August 5, 2022

 

NEWSLETTER ARCHIVE

Read our latest newsletters and e-newsletter for details on the open enrollment project.

 

SUBMIT A FAQ

In upcoming newsletters and at events, we will answer shareholder questions about opening enrollment. If you would like to submit a question, please email it to openenrollment@kcorpalaska.com or call (907) 452-8119 x114.

GET INVOLVED & LEARN MORE

For more information, contact Charlisa Attla, Shareholder Relations Project Manager, at (907) 452-8119 x114 or openenrollment@kcorpalaska.com.