According to section 1 of the Corporate Bylaws of TKC, shareholders are to gather for their annual meeting in June. These meetings are primarily rotated through the villages of Georgetown, Napaimut, Sleetmute, Crooked Creek, Chuathbaluk, Aniak, Lower Kalskag, Upper Kalsag and Red Devil. The Board however does have some discretion in choosing the location of a meeting, as well as the date that it is to occur.

Date of Record
Many occasions necessitate a precise record of how many shareholders TKC has, and who these individuals are. This record is used for many purposes such as, notification of shareholders, determining quorum and voting at an annual meeting, and paying shareholders their dividends. In obtaining this record the Board of Directors can close the stock transfer books for a stated period, no longer than 60 days. In lieu of closing the stock transfer books, the board may fix, in advance, a date as the record date for the determination of shareholders.

Voting by Proxy
Shareholders that are unable to attend an annual meeting in person may vote by proxy. Proxies are mailed to all shareholders entitled to vote at least 60 days prior to a meeting. They shall be appointed by a document in writing, signed by such shareholder or his authorized attorney-in-fact, and dated no more than 11 months prior to the meeting. A shareholder under the age of 18 shall not be entitled to cast votes directly at meetings of shareholders but may be represented by proxy by a parent or legal guardian. Proxies may be exercised by an Alaska Native as defined in the most recently amended version of the Alaska Native Claims Settlement Act.

Each outstanding share of Settlement Common Stock is entitled to one vote on each matter submitted for vote at a shareholder meeting. However, shares held by persons not defined as Alaska Native, (as defined in the most recently amended version of the ANCSA) are not entitled to a vote. In the election of directors, the number of votes a shareholder has is determined by multiplying the number of shares they own by the numbers of directorships in contention. This means that there are a number of ways a shareholder could distribute their votes. For example, shareholders could use as many votes as they have shares to vote for each seat up for election, or they could use all of their votes for a candidate running for one seat. (TKC Bylaws, Bylaw 1, Section 5).

2007 Shareholder Schedule

February 16
Nominating petitions are mailed to all shareholders over the age of 18. Eligible shareholders interested in running for the Board of Directors must fill out the nominating petition and mail it to TKC.

April 2
Deadline to submit nominating petitions. Candidates interested in running for the Board of Directors in the 2007 election must have their nominating petitions in the TKC Anchorage office by 5:00 p.m.

April 2
Date of Record for Annual Meeting. To determine the shareholders entitled to notice of or to vote at a meeting of shareholders, or for a quorum, or in order to make a determination of shareholders for any other proper purpose, the Board of Directors of the Corporation close the books at 5:00pm.

May 2
Proxy packages mailed to all eligible shareholders over the age of 18. This package includes the notice of the Annual Meeting, Annual Report, Proxy Statement, Proxy, Shareholder Questionnaire, and other important information relating to the annual shareholders' meeting.

May 4
Dividend Date of Record. To determine the shareholders entitled to the 2007 Dividend Distribution, the Board of Directors of TKC close the books at 5:00pm. Please have all paperwork and class B applications turned in before that time!

May 11
Dividends will be mailed to all shareholders on record. Dividends for 2007 will be $2.25 per share.

May 18
Early Bird Prize Drawing deadline. Proxies must be in the Proxy Tabulators office by 5:00 p.m. to be eligible.

May 31
Proxy deadline. Proxies must be in the Proxy Tabulators office by 5:00 p.m. to be counted for the election.

June 2
TKC Annual Shareholders Meeting 1:00 p.m.
Anchorage, AK at the Hilton Hotel

Schedule of Board Meetings
View the schedule of Board meetings for 2007.

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