2nd Quarter Board Q&A and Survey Results Recap
Monday, May 1, 2023
Sealaska’s quarterly Board Q&A sessions offer shareholders and directors a chance to connect in a casual online environment, empowering shareholders to ask questions directly to the board and providing directors a chance to hear shareholder voices on the issues that are important to them.
In a recent virtual Q&A session, directors provided information on their work from the recent board meeting towards shareholder priorities and shared the schedule for upcoming community meetings throughout the month of May.
Our directors also provided an update from the recent shareholder survey. A record-breaking 5,437 shareholders participated in this year’s shareholder survey, representing almost 23% of our total shareholder base. The survey included all key shareholder demographics, meaning that no one group was over- or under- represented. Director Nicole Hallingstad shared the findings of Sealaska’s recent shareholder communications survey with participants:
- Overall, shareholders hold positive perceptions of Sealaska and are feeling confident in the direction Sealaska is heading. Sealaska has improved these perceptions among shareholders since the last survey in 2021.
- Shareholders have a number of priorities they would like to see Sealaska focus on, and they place the highest priority on advocating on Native rights and social issues; Sealaska’s financial performance as a corporation; paying dividends; and providing educational opportunities for shareholders. You will see continued focus on these priorities in our shareholder communications channels such as eNews, the shareholder newsletter, social media, virtual and in-person meetings and MySealaska news.
- Social media platforms, such as Facebook, the website and MySealaska shareholder portal, and both the eNews and print newsletter are important sources of information for shareholders to get updates from Sealaska.
- Over 3-in-5 shareholders have attended a meeting hosted by Sealaska, whether in-person, virtually, or both. A majority of those who have attended have done so in the last two years. Part of the appeal of meetings is in speaking with and hearing directly from leaders at the company to discuss information about Sealaska’s business operations and performance. Sealaska will continue to have access to meetings via quarterly virtual board Q&A sessions and shareholder meetings.
- In response to shareholder feedback seeking more information about Sealaska’s policy and advocacy efforts, Sealaska recently launched a public policy hub on MySealaska where shareholders can learn more about this important work.
- For any additional questions or feedback, we are always available to answer your questions at corpcomm@sealaska.com.
Questions for board members addressed issues including job opportunities for shareholders, Sealaska’s efforts to support economic development on Prince of Wales and beyond, diversity, equity, and inclusion work, community meetings, and more. Click the video above to view the whole session or find the Q&A section starting at 36:30.
For more business updates and information about Sealaska, please join us at one of our upcoming events. Find and RSVP to upcoming events on our Facebook page.