On May 28, 2026, the Board of Directors of Kootznoowoo, Inc. passed Resolution 2026-008 Resolution to Support the Continuance of the Permanent Fund Trust.   CLICK HERE to view the resolution. 

The Kootznoowoo Permanent Fund Settlement Trust (KPFST) announced it will distribute $3.90 per trust unit on Monday, June 1, 2026. For questions or additional information, shareholders should contact Shareholder Services at (907) 790-2992 or via email at info@kootznoowoo.com.

In 1994, the Kootznoowoo Permanent Fund Settlement Trust (KPFST) was established as an independent, irrevocable entity. Since then, it has provided consistent distributions separate from the Corporation’s financial performance. Shareholders have benefited from these tax-free payments, along with tax-free corporate distributions paid through the Trust. The creation of the Trust reflects the strong financial foresight of the Board of Directors at that time. Under the KPFST agreement, shareholders must now vote on whether the Trust should continue or be dissolved. If dissolved, one-half of the Trust assets would be distributed to shareholders and the remaining half distributed to the Corporation. While some believe dissolution could provide a short-term financial benefit, it is the position of management that dissolving the Trust would negatively impact future generations by eliminating not only reliable distributions, but also long-term opportunities the Trust was intended to preserve. As a result, management strongly recommends shareholders vote “No” on this resolution on their proxy. We encourage shareholders to view the Trust as a long-term asset and benefit. As the Corporation continues to pursue growth opportunities and build long-term financial stability, the Trust will continue to provide ongoing, modest distributions while we work to strengthen opportunities for the future, consistent with the Board’s original vision for the Trust. We are honored to continue working to protect Kootznoowoo’s culture and increase shareholder value. Our staff works diligently each day to address shareholder concerns and support our community. We look forward to continuing our relationship with the Trust in the years ahead. CLICK HERE to download the full letter from the CEO.

The Trustees of the Kootznoowoo Permanent Fund Settlement Trust are recommending that unit holders vote “No” on the proposed liquidation of the Trust, emphasizing that the Trust has fulfilled — and continues to fulfill — the vision of its original incorporators. Since its establishment, the Trust has provided Kootznoowoo Inc. shareholders with a dependable and growing source of dividends designed to benefit not only current unit holders, but future generations as well. A Strong Record of Long-Term Performance Over the Trust’s 32-year history, from 1994 through 2025, the fund has: Generated $25.8 million in investment earnings after taxes and Trust expenses Distributed $17.03 million directly to unit holders Maintained a year-end 2025 investment balance of $17.9 million The Trust began with an original investment of approximately $9.1 million, meaning unit holders have already received nearly twice that amount in distributions while the principal investment base has continued to grow. This long-term success demonstrates that the Trust has operated exactly as intended — providing stable, reliable financial benefits year after year. Designed to Benefit Future Generations The value of the Trust extends far beyond current distributions. Because Trust units can be passed down to children, grandchildren, and other descendants, future generations of Kootznoowoo Inc. families are expected to continue receiving benefits indefinitely. The Trust estimates that this perpetual structure could provide the equivalent of $15–25 million in inflation-protected distributions for every future generation of Kootznoowoo Trust unit holders. “This is what the Trust was intended to accomplish,” the Trustees stated in their letter to Shareholders, “and even more importantly, the Trust aims to provide this amount of economic value to future generations of Kootznoowoo, Inc. descendants.” Unique Tax Advantages The Kootznoowoo Permanent Fund Settlement Trust is organized as an Alaska Native Corporation Settlement Trust, a structure specifically designed to provide favorable tax treatment. This structure allows the Trust to benefit from significantly lower tax rates on investment earnings compared to a traditional trust. As a result, the Trust has been able to provide tax-free dividends to unit holders. Many other Alaska Native Corporations across the state have established similar settlement trusts in recent years. Stable Governance and Investment Discipline The governance structure and investment policies outlined in the original Trust Agreement have proven effective and continue to provide a disciplined, low-risk framework for managing Trust assets. The current structure offers greater long-term security and sustainability than liquidation alternatives. Benefits of Maintaining the Trust Reliable and growing annual distributions Preservation of wealth for future generations Inflation-protected long-term value Tax-free dividends for unit holders Lower-risk investment management structure Continued stewardship under the original Trust framework The Trustees encourage all unit holders to carefully consider the long-term implications of liquidation and to vote “No” in order to preserve the Trust for current and future generations of Kootznoowoo families. Click to links below to learn more about the KPFST Trust Vote: KPFST LETTER FROM TRUSTEES KPFT VOTE BACKGROUND KPFT FAQ's

Kootznoowoo’s 2026 Proxy Packet has been mailed, and the annual election is now underway. Electronic copies are available on the MyKootznoowoo shareholder portal. Two seats are up for election at the 53rd Annual Meeting of Shareholders, which will be held on Saturday, June 13, 2026, in Angoon, Alaska. Shareholders are able to vote their proxy online or via paper proxy. The proxy deadline is Wednesday, June 10, 2026, at 5:00 p.m. (Alaska Time). In addition, shareholders are being asked to vote on whether to terminate the Kootznoowoo Permanent Fund Settlement Trust in accordance with Section 6 of the KPFST Trust Agreement. Additional details are provided in the 2026 Proxy Statement.

Kootznoowoo, Inc. is pleased to share that the Kootznoowoo Permanent Fund Settlement Trust will be issuing a distribution of $10.03 per Trust Unit. This distribution will be paid on Friday, April 24, 2026, to beneficiaries of record as of April 22, 2026. This is a special dividend funded by Kootznoowoo Inc, from the proceeds of their carbon credit program. This distribution is in addition to the normal Trust distributions that happen on a trimester basis, of which the last distribution was paid on February 1st, 2026. All Trust beneficiaries are encouraged to ensure their contact information, including mailing address and direct deposit details, is current to help avoid any delays in receiving payment. If you need to update your information or have any questions, please contact Shareholder Services at (907) 790-2992 or info@kootznoowoo.com.  Shareholders may also verify and update their information on the MyKootznoowoo shareholder portal.