Camai,

My name is Jason Borer and I have accepted the position as the new General Manager of the Cordova Office of the Eyak Corporation. My main duties include Land Management, Shareholder Relations, and administrative work for the Eyak Foundation. As many of you know, I was born in Cordova and have lived here off and on for the past 50 years.

I regretfully resigned from the Eyak Corporation Board of Directors in order to take this position. My time on the board has given me a unique perspective on the future of the Eyak Corporation and what role the Cordova office is going to play in that future.

Recently, the Eyak Board underwent a strategic planning retreat and has incorporated the priorities from the retreat into all future meetings. The Board formed four committees: Governance, Finance, Lands, and Communications. Governance and Finance committees are filled with Board members only and the Lands and Communications committees are “ad hoc” with shareholders participating as members. Each committee is chaired by a member of the Board of Directors. The Committees research and make recommendations on issues to the Board. I was on the Land Committee as a Board member and now as a staff member. Current Land Committee members are Chairman Martin Parsons, Past Eyak Corporation Chairman John Johnson, Past CEO and Chairman Luke Borer, past Board member Joe Cook. The land committee has gone through the first stage of the planning process and identified the major issues facing the land department: SLUP Program, Gravel Sales, Land Sales, Trespass Enforcement.

If you have any issues or concerns in any of these areas, please contact Jason at 907-424-7161 or Jborer@eyakcorp.com.

Each newsletter will cover a new aspect of the committee process and how shareholders can be involved in the process. If anyone would like to participate in the communications committee, please contact Jason as above.
Quyana!