BBNC_Shareholder_Survey_2022_Digital | Page 3

Opening Enrollment to Descendants

Verbatim Comments
SUPPORT
“ Bristol Bay is a mixed culture . Any descendant of a Native shareholder should be a part of the corporation no matter the amount of Native quantum .”
“ I think enrolling dependents gives them a sense of belonging and I support including them .”
“ I really like the incentive for our younger ones to complete education . I believe that we should take care of our Elders , but set our children up so that they are capable of taking care of themselves .”
UNSURE
“ If we don ’ t open enrollment to descendants , we should still consider offering our programs to them , the only benefit they wouldn ’ t get would be the dividend . But let ’ s support our younger generation through continuing job training and scholarships for vocational school and college .”
“ Current shareholder ’ s dividends SHOULD NOT be reduced . But , if it somehow goes in that direction - it should cause the least amount of impact , financially , if the dividends happen to be diluted .”
“ I think education is important for the younger generation , I ’ m not sure if they recognize the sacrifices the older generation has made . They should earn their shares , not just be given shares .”

Opinions on Enrollment

Strongly support
OPPOSE
Unsure
41 %
15 %
24 %
8 % 12 %
Strongly oppose
Somewhat support
Somewhat oppose
65 % of shareholders support enrollment 20 % of shareholders oppose enrollment
“ If a shareholder would like a descendant to have shares , they can easily share theirs . A lot of our original shareholders rely on their dividends to support themselves . This dilution would impact the elder shareholders the most and they have less resources to support themselves .”
“ Gifting of shares is already an option . The integrity of original shares needs to be protected and dilution of dividends is not necessary .”