Annual Meeting of Shareholders

All proxy votes and ballots are received, verified, and counted by the independent Inspector of Elections (not Calista staff).

All proxy prize winners are randomly drawn by the Inspector of Elections.

The Inspector of Elections is Sramek-Hightower, a certified public accounting firm with offices in Anchorage.

Only Natives or Descendants of Natives, as defined by the Alaska Native Claims Settlement Act, may vote. However, a person who is not a Native or Descendant of a Native and who is a custodian for a holder of Class A or B shares who is a Native or Descendant of a Native may vote such shares.
 
Class A or B shares held by a custodian for a minor may be voted by the custodian designated in Calista’s books and records until the minor attains the age of 18 years (Section 6(b) and (c), Article I of Calista’s Bylaws). Class C shares held by a minor do not include voting rights until the Shareholder attains the age of 18 years (Article V of Calista’s Amended and Restated Articles of Incorporation).

Regardless of how you receive Annual Meeting materials, your online voting PIN is available using our PIN Lookup Tool on the day that materials are mailed.

Receive Annual Meeting materials by mail? Your PIN is located on the back of your Proxy Form. You can also look up your PIN on the same day materials go in the mail.

Receive Annual Meeting materials electronically? You will receive your PIN by email on the mail date, and you will also receive a first-class postage mailer with your PIN.

Can’t find your PIN? Use the PIN Lookup Tool on our voting site. Enter your full birthdate (MM/DD/YYYY, for example 01/02/2021) and the last 4 of your SSN.

More than 50 percent of Calista shares must be voted to reach quorum and conduct a valid Annual Meeting.

If too few Shareholders vote, the Annual Meeting must be rescheduled, costing Calista and its Shareholders significant time, effort, and money. Also, proxy prizes are only awarded if quorum is reached.

No. Only Shareholders cast votes and choose who they wish to vote for.

Yes, but be mindful that Alaska law requires that any proxy materials distributed to 30 or more Alaska resident Shareholders be sent to the Alaska Division of Banking and Securities at the same time. This includes posts on the Internet. You can email proxy materials to ancsa@alaska.gov to meet this requirement.

Yes. Under Alaska law, it is permissible for boards of corporations, including ANCSA corporations, to endorse candidates.

Certain corporations, including Calista, use a process called cumulative voting. With this method your votes are determined by taking the number of shares you own and multiplying it by the number of Board of Director seats being contested by election.

Calista has 11 board members and there are 4 directors elected one year, another 4 the next year and 3 directors on the last year. On the years where there are 4 seats up for election you will have 400 votes (100 shares multiplied by 4 seats). On the year where there are 3 seats up for election you will have 300 votes.

The Calista Board believes that it would be good to let the Shareholders know which candidates the Board has determined would best serve Calista and the Shareholders.

Calista has been growing fast, has been consistently profitable for a number of years, and has been increasing distributions and other benefits to Shareholders. Voting for Board-endorsed candidates is a way to express support for Calista’s leadership and help it continue to produce positive results for the Shareholders.

We encourage all Shareholders to review the Annual Report in detail to learn more about Calista’s performance.