Message to Sealaska Shareholders COVID-19 Update

March 12, 2020

For the past several weeks, Sealaska has been monitoring the news about the spread of coronavirus (also known as COVID-19). To date, there are no confirmed cases of the virus in Alaska but we know that this could change at any time. Our team is closely following the situation and we have contingency plans in place to ensure the safety of our employees and the continuity of our business.

According to the Centers for Disease Control and Prevention, the immediate health risk from COVID-19 is considered low for the general public. However, the potential for a future public health threat is very high so we need to stay alert and vigilant. Public health efforts at this time are focused on both containing spread of this virus and mitigating its impact.

Ensuring the health and safety of our Sealaska team is our number one priority. As a precautionary step for our Juneau employees, we are limiting travel to areas outside of Alaska. In Seattle, employees are encouraged to work from home to minimize their potential exposure to the virus.

Sealaska has decided to cancel the Hoops 4 Life Basketball Camp that was planned March 23-24 in Juneau. This decision was made with an abundance of caution and with the health and safety of our youth in mind. We apologize for any inconvenience this might have caused and will look to reschedule the camp in the future after we have better understanding of the situation.

We care deeply about the health and well-being of our shareholders. You all have a role to play in getting prepared, staying healthy, and reducing the spread of COVID-19. Below are resources that are provided for your safety.

As this virus outbreak evolves, we will keep our shareholders updated on any impacts to the corporation or the general public. We encourage you to regularly check the Sealaska website and our social media channels.