Sitnasuak Native Corporation (SNC) is excited to share that we continue to move to a more environmentally friendly method of distributing the Annual Meeting materials in an effort to reduce the cost of printing and mailing, and potentially passing on the savings to our shareholders.
In past years, SNC mailed a large packet of Annual Meeting materials that contains an annual report, a meeting notice, proxy statement, agenda, proxy prizes flyer, draft meeting minutes, proxy voting card, and other important items. Approximately 105 pages of paper are used in each Annual Meeting packet.
Launched in 2022 for the 49th Annual Meeting of Shareholders, SNC developed a digital delivery campaign that provided our shareholders with the option to receive Annual Meeting materials digitally. Proving to be a popular option among our shareholders, SNC is pleased to offer the option for digital delivery again for the 50th Annual Meeting of Shareholders!
Shareholders may sign up and opt-in to receive Annual Meeting packets digitally. The opt-in information can be found on our website at www.snc.org. The deadline to opt-in is 4:00 P.M. April 25, 2023 (Alaska Time). You may revoke digital delivery at any time.
If you change your mind and wish to receive a hard copy of the Annual Meeting packet, you may “opt-out” of digital delivery by either calling the Shareholder Relations Department in Nome or Anchorage at the phone numbers below or sending a signed and dated letter with your full name, phone number, mailing address, and your year of birth to the addresses below. Following receipt of your request, SNC will thereafter provide printed materials during the next scheduled distribution of Annual Meeting materials.
In summary, for the 50th Annual Meeting, Annual Meeting materials will either be mailed or emailed to shareholders.
Under the Mail Option, the materials will be mailed to eligible shareholders via USPS First Class Mail. This option uses 105 pages of paper or more.
Under the Digital Delivery Option, information is distributed to eligible shareholders electronically.
Quyana for your consideration in conserving paper and reducing Annual Meeting costs!