Board of Directors Solicitation for Unit 3 Interim Director Applicants
Qualified Shareholders May Apply to Serve Remainder of Unit 3 Term
October 23, 2023
With the recent passing of Calista Corporation (“Calista”) Director Robert L. Beans, the Calista Unit 3 Director position became vacant. Pursuant to the Calista Bylaws, “any vacancy on the Board of Directors (“Board”) may be filled by the affirmative vote of a majority of the remaining Directors.”
The Calista Board intends to fill the vacant Unit 3 Director position with an Interim Director, in accordance with Calista policies and procedures, at its December 12, 2023 Regular Meeting. The Interim Director will serve the remainder of the Unit 3 term, which will be up for election at the 2024 Annual Meeting of Shareholders.
The Calista Board invites qualified Shareholders to apply for the Unit 3 Interim Director position. To be considered qualified, Applicants must meet the following requirements:
- Must be a voting Calista Shareholder at least 18 years of age.
- Must hold one or more Calista shares associated with one of the Unit 3 villages of Kotlik,
Chuloonawick, Mountain Village, Pitkas Point or St. Mary’s. - Must submit a completed application by the deadline, 5 p.m. on Friday, November 17, 2023.
- Must meet other eligibility requirements in Alaska statutes and regulations.
- Must promise to fully comply with the Calista Code of Business Ethics and Conduct for Directors upon appointment.
Interested Shareholders can get an Applicant Packet from Calista after 8 a.m. on Monday, October 23, 2023 at Calista’s Anchorage office at the contact information below, or by emailing packetrequest@calistacorp.com. It is recommended that you request the Applicant Packet as soon as possible after it is available. This will allow adequate time for the packet to be sent to you, and for you to read and complete the required paperwork and send it back to Calista.
The Applicant Packet includes, among other items: (1) Checklist for Applicants; (2) Calista Code of Business Ethics and Conduct for Directors; (3) Interim Director Applicant Disclosure Questionnaire; (4) Interim Director Applicant Agreement; (5) Interim Director Applicant Personal Statement Form; and (6) Postage Paid Return Envelope.
The deadline for Calista’s RECEIPT of completed applicant materials is 5 p.m. on Friday, November 17, 2023. The materials must arrive at Calista’s Anchorage office by hand delivery, mail, fax, or electronic transmission on or before the deadline. If you have questions about the Interim Director selection process, please contact the Calista Legal Department at Calista’s office noted below.
5015 Business Park Blvd., Suite 3000, Anchorage, AK 99503
Phone 907-275-2800; Toll Free 800-277-5516; FAX 907-275-2929