Notice: 1/18/2012 Shareholder 1099 Update

Natives of Kodiak, Inc. is committed to providing the highest level of services to its shareholders. Following is a listing of programs and benefits that are available to NOK shareholders. Shareholders are also encouraged to contact us at any time with questions or comments.

In September of 2002, NOK shareholders overwhelmingly approved creation of the NOK Shareholder Permanent Fund Trust, which was subsequently funded with assets from the NOK Shareholders Fund.

The NOK Shareholder Permanent Fund Trust currently pays quarterly distributions to Trust beneficiaries in March, June, September and November of each year. All NOK shareholders at the time of Trust inception automatically became beneficiaries of the NOK Permanent Fund Trust.

NOK Scholarships If you are a NOK shareholder, direct lineal descendant of a shareholder, or legally adopted child of a shareholder and are interested in applying for an academic scholarship, please contact the NOK office or download a copy of the scholarship application (PDF) here. Completed scholarship applications must be postmarked on or before April 20, 2012 in order to be accepted for review by the Scholarship Committee.

NOK is committed to employment opportunities for its shareholders.
Employment opportunities under NOK subsidiary company contracts at Kodiak's
US Coast Guard Base and elsewhere are available to NOK shareholders,
descendants or dependents. Additional employment opportunities may become
available in the future. Shareholders, descendants and dependents are
encouraged to submit a resume or letter of interest to the NOK office with
their skills and qualifications to be considered for employment by NOK
subsidiaries and/or contractors. Please contact the NOK office for a list of
potential positions with job descriptions.

In 2009 NOK subsidiary, KOMAN, Inc., reached a partnership agreement with the 176th Civil Engineer Squadron of the Alaska Air National Guard. Through this agreement, NOK shareholders and their descendants desiring technical career training are encouraged to join the Alaska Air National Guard. Those shareholders and descendants meeting eligibility requirements, who decide to enlist, will be provided with pay commensurate to military rank for all duty performed, technical training, paid travel to Anchorage or other locations for training, tuition assistance as available, free hunting and fishing licenses, Commissary and Base Exchange use and any other benefits allowed to Guardsmen.

In addition, upon completion of military-provided technical training, KOMAN will make best efforts to place those it referred, to the Alaska Air National Guard, into civilian jobs at KOMAN job sites.

Training opportunities are available in the following career fields: Engineering, Mechanical, Electrical and Power Production, Structural, Equipment Operation, Utilities, Liquid Fuels and Environmental, Fire Protection and Readiness.

Please contact the NOK office for more information.

The following forms are available to NOK shareholders by contacting the NOK
office or by downloading a copy. You may also download a copy of form
instructions here (PDF).

• NOK Death Benefits Form - for original shareholders only (PDF)
• NOK Stock Will Form for the purposes of NOK shares - for all
  shareholders (PDF)
• Limited Power of Appointment for the purpose of NOK Shareholder
  Permanent Fund Trust units - for all beneficiaries (PDF)
• Inter-vivos Gift Forms NOK (PDF) Trust (PDF)
• NOK Shareholder Permanent Fund Trust Authorization for Automatic/Direct Deposit -for all beneficiaries (PDF)

As a direct benefit of NOK's ownership in the downtown Portland, Oregon's Paramount Hotel, NOK shareholders are entitled to receive a Preferred Corporate Rate at any participating Coast Hotel on a space available basis. For more information on this program, please contact the NOK office.

NOK shareholders and their accompanying family members receive no cost admission to Kodiak's Alutiiq Museum upon presentation of their NOK Shareholder I.D. Card. Please contact the NOK office if you do not have a Shareholder I.D. card and one will be issued to you.