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Sealaska Announces $29.7 Million Spring Distribution to Shareholders

On April 10, 2026, Sealaska's Board of Directors convened and made a significant announcement: a distribution of $29.7 million will be provided to shareholders this spring. This distribution is scheduled to be distributed on April 16, 2026, and showcases the company's continued commitment to its stakeholders and community.

The distribution comprises various components, including $3 million in dividends derived from Sealaska's diverse business operations. Furthermore, it includes $3.6 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund, and a substantial $23.1 million sourced from the Alaska Native Claims Settlement Act (ANCSA) Section 7(j), which pertains to revenue-sharing from natural resources for holders of Class B or C shares.

Chairman Richard Rinehart emphasized the interconnectedness of their efforts, stating, "Our work is guided by the understanding that everything is connected. By aligning strong business results with stewardship of our homelands and meaningful investment in our people, we ensure the value we create continues to support our shareholders and our culture for generations."

In line with enhancing shareholder value, Sealaska is committed to investing in environmental initiatives across Southeast Alaska. This upcoming summer, the Mendenhall Barrier Project in Juneau will be completed. This crucial flood-mitigation effort aims to safeguard community infrastructure and local ecosystems against escalating flood risks.

Over the past two years, Sealaska has collaborated with various partners to accomplish more than 40 land and habitat projects, successfully restoring nearly 10 miles of salmon streams and around 4,400 acres of forested lands. This extensive work has been undertaken in partnership with Tribes, non-profit organizations, and state and federal agencies, thereby reflecting a collective dedication to sustainable land management and the health of ecosystems.

President Sarah Dybdahl (Aan Shaawátk'i) articulated the broader definition of success for Sealaska: "Our measure of success extends beyond financial performance. Through strong partnerships and long-term investments in our lands and communities, we are working to ensure resilience, opportunity, and stewardship for future generations."

The announcement of this spring distribution underscores Sealaska's overarching mission: to empower its people, preserve its culture, and protect its homelands while fostering sustainable economic growth throughout the region.

About Sealaska

Sealaska is the Alaska Native regional corporation representing Southeast Alaska, formed under federal law in 1971. It encompasses over 27,000 shareholders of Tlingit, Haida, and Tsimshian heritage, with an overarching goal to strengthen its people, culture, and homelands. Sealaska actively invests in and operates businesses aimed at improving ocean health, preserving healthy homelands in Southeast Alaska, and benefiting its shareholder communities. For more information, visit Sealaska.com.