Doyon, Limited

Doyon,LimitedApril 2015 | Volume 46, No. 4

Featuring

pg. 2-3• Message to Shareholders• Annual Meeting Prizes

• Shareholder of the Year Awards

pg. 4-5• TCC Youth Delegates• Shareholder Meet and Greets• Daaga’ Awards• Language Revitalization

Grants

pg. 6-7• Subsidiary News: DGG

Shareholder Committee• HR/Shareholder Outreach:

Roustabout Training• Shareholder Spotlight:

Justice Peter

pg. 8-9• Summer Internships• Golf Classic• Scholarship Deadline Change• Address Updates• 7(i) Distribution

pg. 10• Condolences

• Calendar

www.doyon.com

continued on page 3

Doyon Welcomes Elected, Thanks Outgoing Board Member At the 2015 Doyon, Limited annual meeting of shareholders, incumbents Christopher Simon, Walter “Wally” Carlo and Jennifer Fate were re-elected to the board of directors. Shareholders also voted to elect new board member Erica Frankson. Each seat has a three-year term, ending in 2018.

Board officers are Orie Williams, chairman; Victor Nicholas, vice-chairman; Miranda Wright, treasurer; and Chris Simon, secretary.

The newly elected and re-elected board members join existing board members Shirley Cleaver, Lee DeWilde, Georgianna Lincoln, Esther McCarty, Victor Nicholas, Sonta Roach, PJ Simon, Orie G. Williams, and Miranda Wright.

During the annual meeting, Doyon also recognized outgoing board member Mike Fleagle for his many years of service to Doyon. Fleagle resigned from the board in early February to take a job in Sen. Sullivan’s office.

Doyon’s Participation in Auction 97 Doyon, Limited, as part of an ongoing commitment to increasing revenue as well as shareholder opportunities, recently participated in the Federal Communications Commission’s (FCC) AWS-3 Spectrum Auction No. 97 (Auction 97).

Every few years, the federal government assembles available wireless spectrum (capacity) and auctions it off to companies that will use it to improve the nation’s telecommunications network. Doyon’s participation in Auction 97 was through Northstar Spectrum, LLC, a strategic partnership with a DISH Network subsidiary, as well as other partners including Chugach Alaska Corporation. Doyon is the managing member of Northstar.

Northstar was a successful bidder in the auction, winning $7.8 billion of licenses covering 89 percent

of the U.S. population. Northstar’s gross bids totaled over $7.8 billion, and net bids totaled just under $5.9 billion, after the application of a 25 percent (or $1.9 billion) bidding credit provided under the Designated Entity program. See page 3 for details on this program.

Contrary to reports in various media stories, Doyon did not profit by the amount of the bid credit ($1.9 billion). The bid credit simply allowed Doyon to purchase spectrum at a discounted price. It is inaccurate to assume shareholders will receive a dividend based on the $1.9 billion bid credit.

Doyon’s investment in the auction was $44.7 million. It’s important to note that this is a long-term investment for Doyon. It will take two or more years after licenses

Left to right: Wally Carlo, Erica Frankson, Jennifer Fate, Chris Simon

Mike Fleagle

Board of Directors

Communications

President & CEOAaron M. Schutt

communications@doyon.com

Doyon, Limited 1 Doyon Place, Suite 300 Fairbanks, Alaska 99701-2941

Phone 907-459-2000 Fax 907-459-2060 Toll-Free 1-888-478-4755

www.doyon.com

Like Doyon on Facebook!

Visit www.facebook.com/doyonlimited for up-to-date Doyon, Limited news and events.

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Message to Shareholders Dear Shareholders,

Doyon just concluded the 2015 annual meeting of shareholders, held March 20 in Fairbanks. We welcomed re-elected board members Christopher Simon, Walter “Wally” Carlo and Jennifer Fate, as well as new board member Erica Frankson. We also took the time to thank outgoing board member Mike Fleagle for his many years of service to Doyon. Mike resigned in early February to take a job in Sen. Sullivan’s office. The executive leadership of the board changed slightly; continuing in the same capacity are Orie Williams as chair, Victor Nicholas as vice-chair, and Miranda Wright as treasurer. The new secretary is Chris Simon. I look forward to working with the board on another successful year.

Overall, the annual meeting went very well. I was proud to report the corporation’s financial success and the great strides we’ve made in shareholder employment and training opportunities. While we received many positive comments about the state of the company from our shareholders, we also heard concerns. We take shareholder concerns very seriously and we do our best to address each one. Doyon staff members are currently compiling the questions and comments received during the annual meeting and from the comment cards that were included in the annual report and proxy mailing in January. We will respond directly to the shareholders who provided their names and contact information.

As we’ve shared previously, we are required to have a quorum of 50 percent plus one in order to hold our annual meeting. The final quorum for the election of the directors this year was

55.95 percent. The rate of return for proxies was much lower than last year. It started off strong, but quickly tapered off after the early bird drawing. We were very pleased by the 2,077 eProxies returned, the highest number ever. We will continue to focus on improving the quorum count for future annual meetings, and appreciate your support of this effort.

You may be aware of Doyon’s participation in AWS-3 Spectrum Auction No. 97 (Auction 97), a topic we address in detail in this month’s newsletter. Our involvement was through Northstar Spectrum, LLC, of which we are the managing partner, along with DISH Network, Chugach Alaska Corporation and others. While we expect to profit from the investment, we will not see a large and immediate return as has been suggested by various media stories. Unfortunately, there were a number of stories in the media that gave inaccurate information about Doyon’s participation. Please refer to the Auction 97 article in this newsletter for more information.

As always, I thank you for your continued support of Doyon and its employees.

Sincerely,

Aaron M. Schutt President and CEO

April 2015

Auction 97 from Page 1

Orie G. Williams | ChairVictor Nicholas | Vice ChairMiranda Wright | TreasurerChristopher Simon | SecretaryWalter “Wally” CarloShirley CleaverLee DeWildeJennifer FateErica FranksonGeorgianna LincolnEsther M. McCartySonta RoachPJ Simon

Shareholder of the Year Awards AnnouncedDoyon, Limited announced the 2015 Shareholder of the Year Awardrecipients at the annual meeting, which took place March 20 in Fairbanks,Alaska. Doyon congratulates each of the following individuals for theirexemplary achievements and community involvement.

Jenny Pelkola, Hannah Paul Solomon Elder of the Year AwardThe Hannah Paul SolomonElder of the Year awardrecognizes an elder, age 55 orolder, who has devoted his orher life toward the bettermentof Alaska Natives. The awardis named in honor of the late Hannah Paul Solomon, whodedicated her life to teaching the younger generation traditional ways.

Jessica Boyle Fields, Chief Andrew Isaac Leadership AwardThe Chief Andrew Isaac Leadership Award recognizes a person age 35 or

are granted to move federal agencies currently on the AWS-3 spectrum.

“While we are confident our investment in Northstarwill be a very good one, it will take several years forthis investment to be developed and return a profit. We will address our plans for the spectrum at anappropriate time in the future,” stated Aaron Schutt, president and CEO of Doyon, Limited.

More information about Doyon’s investment willbe shared as it becomes available. Shareholderswith questions about Auction 97 may emailcommunications@doyon.com or call 459-2000 (inFairbanks) or 1-888-478-4755 (toll-free).

Doyon Awards $8,000 in Annual Meeting PrizesDuring the 2015 annual meeting of shareholders, held March 20 inFairbanks, Alaska, Doyon, Limited awarded $8,000 in annual meetingprizes. Congratulations to the winners of this year’s annual meeting prizes:

Norman D. Wasson, $3,000 Irma M. Arrants, $2,000Freda A. Williams, $1,000 Robert T. Gentleman, $500 Darryl J. Thompson, $500Katrina L. Albert, $500Ann M. Gribble, $500

3www.doyon.com

Message to Shareholders 55.95 percent. The rate of return for proxies was much lower than last year. It started off strong, but quickly tapered off after the early bird drawing. We were very pleased by the 2,077 eProxies returned, the highest number ever. We will continue to focus on improving the quorum count for future annual meetings, and appreciate your support of this effort.

You may be aware of Doyon’s participation in AWS-3 Spectrum Auction No. 97 (Auction 97), a topic we address in detail in this month’s newsletter. Our involvement was through Northstar Spectrum, LLC, of which we are the managing partner, along with DISH Network, Chugach Alaska Corporation and others. While we expect to profit from the investment, we will not see a large and immediate return as has been suggested by various media stories. Unfortunately, there were a number of stories in the media that gave inaccurate information about Doyon’s participation. Please refer to the Auction 97 article in this newsletter for more information.

As always, I thank you for your continued support of Doyon and its employees.

Sincerely,

Aaron M. Schutt President and CEO

April 2015

Shareholder News

Auction 97 from Page 1

Shareholder of the Year Awards AnnouncedDoyon, Limited announced the 2015 Shareholder of the Year Award recipients at the annual meeting, which took place March 20 in Fairbanks, Alaska. Doyon congratulates each of the following individuals for their exemplary achievements and community involvement.

Jenny Pelkola, Hannah Paul Solomon Elder of the Year Award The Hannah Paul Solomon Elder of the Year award recognizes an elder, age 55 or older, who has devoted his or her life toward the betterment of Alaska Natives. The award is named in honor of the late Hannah Paul Solomon, who dedicated her life to teaching the younger generation traditional ways.

Jessica Boyle Fields, Chief Andrew Isaac Leadership Award The Chief Andrew Isaac Leadership Award recognizes a person age 35 or

younger, who has demonstrated outstanding leadership qualities. The award is named in honor of the late Chief Andrew Isaac, who emphasized the importance of education for youth to become leaders of tomorrow.

Phillip Albert Jr., Daaga’ Community Service Award The Daaga’ Community Service Award recognizes a community or individual who shows strong commitment, competence and sensitivity in helping others to make their community a healthier and safer place to live, and whose accomplishments have directly affected Alaska Natives. continued on page 4

are granted to move federal agencies currently on the AWS-3 spectrum.

“While we are confident our investment in Northstar will be a very good one, it will take several years for this investment to be developed and return a profit. We will address our plans for the spectrum at an appropriate time in the future,” stated Aaron Schutt, president and CEO of Doyon, Limited.

More information about Doyon’s investment will be shared as it becomes available. Shareholders with questions about Auction 97 may email communications@doyon.com or call 459-2000 (in Fairbanks) or 1-888-478-4755 (toll-free).

The DE program came about after Congress directed the FCC to promote wireless competition in 1993. At the time, two large telecommunications companies dominated the wireless market. Congress sought to increase competition through FCC-managed spectrum auctions. Congress directed the FCC to ensure widespread dissemination of licenses, specifically among small businesses, including minority and women-owned businesses, and rural telecoms. Through that law the Designated Entities came to be.

Important Points About Auction 97• Doyon’s investment in Auction 97 was $44.7 million.• Doyon followed all the rules established by the FCC.• Doyon expects to profit from this investment; however, it will not be at the magnitude

that was falsely reported in various media stories. • Shareholders will not see the results of this investment for several years.

The Designated Entity (DE) Program

Doyon Awards $8,000 in Annual Meeting PrizesDuring the 2015 annual meeting of shareholders, held March 20 in Fairbanks, Alaska, Doyon, Limited awarded $8,000 in annual meeting prizes. Congratulations to the winners of this year’s annual meeting prizes:

Norman D. Wasson, $3,000 Irma M. Arrants, $2,000 Freda A. Williams, $1,000 Robert T. Gentleman, $500 Darryl J. Thompson, $500 Katrina L. Albert, $500 Ann M. Gribble, $500

The seven winners were randomly selected from shareholders who returned their proxies by the proxy deadline, pre-registered to vote, or registered to vote on the day of the annual meeting. These prizes are in addition to $13,000 in early bird and eProxy prizes awarded earlier this spring.

Congratulations again to all the 2015 winners and good luck to everyone on next year’s annual meeting and early bird prize drawings. Remember to submit your eProxy by the early bird deadline next year to be eligible for all drawings.

Doyon, Limited

Shareholder News

April 20154 www.doyon.com

Wanda Solomon, Richard Frank Military Service Award The Gin’tith (Richard Frank) Military Service Award recognizes an Alaska Native who demonstrates a strong commitment and willingness to serve in the U.S. armed forces in the defense of the United States of America.

Lorraine Titus, Citizen of the Year The Citizen of the Year award recognizes a person who has demonstrated leadership, strong commitment, competence and sensitivity in the educational and cultural survival of Alaska Natives. Recipients may be chosen for contributions in the fields of health or education, maintenance of a traditional lifestyle, or for the example they set as parents.

Doyon Presents $52,500 in 2015 Daaga’ AwardsIn February, the Doyon, Limited shareholder relations committee, comprised of Chris Simon (chair), Lee DeWilde, Sonta Roach and PJ Simon, approved $52,500 in Daaga’ Award grants to 18 Interior organizations. Since 1990, Doyon has awarded more than $170,000 in Daaga’ grants to Interior Native individuals and organizations to promote drug- and alcohol-free communities.

To apply for a Daaga’ Award, organizations submit proposals outlining the project description, timeline, marketing efforts, and other funding sources, and also include a financial statement of need and a letter of support from the village or tribe. The maximum amount an organization can receive is $3,000, and most projects have additional funding sources, such as cash or in-kind contributions from the community.

Projects supported by 2015 Daaga’ Awards include:

• Culture and Language Camp in Allakaket scheduled for July.

• Gwich’in Elders Traditional Stories for the communities of Arctic Village, Venetie, Beaver and Stevens Village in late August or early September in Arctic Village.

• Youth Camp in Chalkyitsik to teach traditional living and survival this summer.

• Young Native Fiddlers will teach students to play fiddle or guitar during the school year in Fairbanks.

• Traditional Spring Migratory Bird Harvest in Fort Yukon to teach survival skills and harvesting traditional foods.

• Music Festival in Galena during the Yukon Jamboree stressing sobriety and healthy lifestyle.

• Music Camp in Hughes in July at their spirit camp.

• A variety of community events throughout the year in Kaltag directed at adults and youth.

Shareholder of the Year Awards continued from Page 3

TCC Youth Delegates Meet with Doyon Chairman and President Tanana Chiefs Conference (TCC) Convention youth delegates from Interior Alaska had the chance to meet with Doyon, Limited Chairman Orie Williams and President and CEO Aaron Schutt during last month’s TCC Convention and Doyon annual meeting week.

The meeting was held at the Doyon headquarters in Fairbanks, where the students learned about Doyon and its family of companies, future job opportunities, current Doyon projects and the corporation’s history. Youth delegates also met with Doyon Foundation staff to learn about scholarship and vocational training opportunities.

In addition to meeting with Doyon, the delegates wrote resolutions, attended their regional corporations’ sub meetings, visited the University of Alaska Fairbanks campus, and assisted with preparations for the TCC potlatch.

Back row, left to right: Doyon President and CEO Aaron Schutt, Sadie Peter (Northway), Cameron Hildebrand (Koyukuk), Colton Madros (Kaltag), Devon Deaton (Beaver), Christine Taylor (McGrath), Trisha Jimmie (Northway). Front row, left to right: Jewels Gilbert (Arctic Village), Jasmine Olson (Kaltag), Jolie Murray (Beaver), Lena Ambrose (Ruby), Jocelyn Patsy (Nulato), Kaylee Druck (Venetie), Doyon Board Chairman Orie Williams.

Shareholders Gather for Doyon Meet and GreetsDoyon, Limited hosted meet and greet events for shareholders in Billings, Montana and Salt Lake City, Utah earlier this spring. The events offered the opportunity to hear information and ask questions about Doyon, as well as meet other shareholders in the area.

In Billings, a total of 10 people representing five families attended the meet and greet, where they visited, took photos, swapped contact information,

and shared stories. In Salt Lake City, shareholders from Bettles, Fort Yukon and Kaltag visited for nearly three hours.

Another meet and greet is scheduled for the Chicago area on Thursday, April 16. The event will take place at 6 p.m. at the Hyatt Place at 27576 Maecliff Dr. in Warrenville, Illinois. Light food and beverages will be provided, and door prizes will be awarded. Shareholders who wish to attend are asked to RSVP to Sherry Sparks at sparks@doyon.com or 1-888-478-4755.

Doyon, Limited

5Doyon, LimitedApril 2015 www.doyon.com 5

Shareholder News

Lorraine Titus, Citizen of the Year The Citizen of the Year award recognizes a person who has demonstrated leadership, strong commitment, competence and sensitivity in the educational and cultural survival of Alaska Natives. Recipients may be chosen for contributions in the fields of health or education, maintenance of a traditional lifestyle, or for the example they set as parents.

Doyon Presents $52,500 in 2015 Daaga’ AwardsIn February, the Doyon, Limited shareholder relations committee, comprised of Chris Simon (chair), Lee DeWilde, Sonta Roach and PJ Simon, approved $52,500 in Daaga’ Award grants to 18 Interior organizations. Since 1990, Doyon has awarded more than $170,000 in Daaga’ grants to Interior Native individuals and organizations to promote drug- and alcohol-free communities.

To apply for a Daaga’ Award, organizations submit proposals outlining the project description, timeline, marketing efforts, and other funding sources, and also include a financial statement of need and a letter of support from the village or tribe. The maximum amount an organization can receive is $3,000, and most projects have additional funding sources, such as cash or in-kind contributions from the community.

Projects supported by 2015 Daaga’ Awards include:

• Culture and Language Camp in Allakaket scheduled for July.

• Gwich’in Elders Traditional Stories for the communities of Arctic Village, Venetie, Beaver and Stevens Village in late August or early September in Arctic Village.

• Youth Camp in Chalkyitsik to teach traditional living and survival this summer.

• Young Native Fiddlers will teach students to play fiddle or guitar during the school year in Fairbanks.

• Traditional Spring Migratory Bird Harvest in Fort Yukon to teach survival skills and harvesting traditional foods.

• Music Festival in Galena during the Yukon Jamboree stressing sobriety and healthy lifestyle.

• Music Camp in Hughes in July at their spirit camp.

• A variety of community events throughout the year in Kaltag directed at adults and youth.

• Berry picking in Koyukuk for the Elders and youth to teach traditional place names, food preservation, language and storytelling.

• Culture Camp in Nikolai from June to September at Salmon River promoting traditional values and lifestyles.

• Ten Mile Culture Camp in Northway during June and July to learn beading, cooking, mapping, cutting white fish, moose hunting, berry picking, Native dance and language.

• Family Fish Camp during the silver salmon run for youth and Elders in Nulato to promote traditional values and subsistence as well as healthy living.

• Wellness Gathering in Shageluk to promote community wellness focusing on Native dancing and language and other events to promote a drug- and alcohol-free life.

• Dance group hosting bi-monthly gatherings for Stevens Village members to practice dances and songs along with their meaning and create a song book.

• Language workshop in Tanana in March and April to bring Elders from Tanana who no longer live there to assist with language practice through stories.

• Culture Camp in Tok in September for youth and Elders to learn traditional food gathering and preservation, sewing, language and songs.

• Iditarod Suicide Prevention Campaign for the communities of Takotna, McGrath, Shageluk and Galena using traditional stories, live music and Native dance fused with multi-media presentations.

Congratulations to the 2015 Daaga’ Award recipients. More information about Daaga’ Awards can be found at www.doyon.com or by contacting shareholder relations at relations@doyon.com or 459-2016 (in Fairbanks) or 1-888-478-4755 (toll-free).

Shareholder of the Year Awards continued from Page 3

Back row, left to right: Doyon President and CEO Aaron Schutt, Sadie Peter (Northway), Cameron Hildebrand (Koyukuk), Colton Madros (Kaltag), Devon Deaton (Beaver), Christine Taylor (McGrath), Trisha Jimmie (Northway). Front row, left to right: Jewels Gilbert (Arctic Village), Jasmine Olson (Kaltag), Jolie Murray (Beaver), Lena Ambrose (Ruby), Jocelyn Patsy (Nulato), Kaylee Druck (Venetie), Doyon Board Chairman Orie Williams.

and shared stories. In Salt Lake City, shareholders from Bettles, Fort Yukon and Kaltag visited for nearly three hours.

Another meet and greet is scheduled for the Chicago area on Thursday, April 16. The event will take place at 6 p.m. at the Hyatt Place at 27576 Maecliff Dr. in Warrenville, Illinois. Light food and beverages will be provided, and door prizes will be awarded. Shareholders who wish to attend are asked to RSVP to Sherry Sparks at sparks@doyon.com or 1-888-478-4755.

Doyon Awards $30,000 in Language Revitalization GrantsDoyon, Limited recognizes the importance of preserving Alaska Native languages as an integral part of shareholders’ history and traditional values. In 2012, the Doyon board of directors approved a budget for grants that promote the preservation of Native languages within the Doyon region.

This year, Doyon awarded $30,000 in language revitalization grants to the following recipients:

• Denakkanaaga, Inc. Grant will be used to record Elders speaking Native phrases and words. Recordings will be uploaded on the language page of the Denakkanaaga website.

• Fairbanks Native Association. Grant will be used to incorporate the

Koyukon language into the JOM Potlatch Dance Group activities.

• Hughes Village Council. Grant will be used to document and digitalize traditional songs, and write and perform a song at an upcoming potlatch.

• Tanacross Village Council. Grant will be used to record language, cultural information and stories from the Tanacross area.

• Native Village of Tanana. Grant will be used to continue the language programs from the previous year.

• Yukon-Koyukuk School District. Grant will be used to hold language gatherings and camps, and provide Doyon Foundation with educational language material. continued on page 6

Business/Shareholder News

April 20156 www.doyon.com

HR/ Shareholder Outreach Update: 20 Shareholders Graduate Roustabout Training Doyon, Limited and Tanana Chiefs Conference (TCC) recently celebrated the graduates of the 36th roustabout training class at a ceremony held February 20 in Anchorage, Alaska. The 20 graduates trained for three consecutive weeks at the University of Alaska Anchorage Mining and Petroleum Training Service Center in Anchorage.

“Congratulations to all of you. Your accomplishment here earns you the admiration of your classmates, your teachers and your corporation. We are proud of you,” said Doyon President and CEO Aaron Schutt.

Since 1982, Doyon and TCC have partnered to recruit, select and train eligible Doyon shareholders to work as roustabouts for Doyon Drilling, Inc. (DDI). Roustabouts are entry-level general drill rig laborers. To be qualified to work as a roustabout, the candidate must be selected and successfully complete the roustabout training course, be physically capable of performing the work as verified by a post-offer, pre-employment medical screening, and pass a drug and alcohol test. Once employed, all DDI employees are subject to random drug and alcohol testing.

Employment on Alaska’s North Slope, where DDI’s primary operations take place, is rewarding, but harsh and demanding. Employees work in cold, remote conditions for 12 hours a day on a two-weeks-on and two-weeks-off rotating schedule. The work is physical, involving lifting, bending, carrying and exerting energy for extended periods of time. DDI rigs operate non-stop, 24 hours a day, 365 days a year. Employees can expect to work during holidays and sacrifice key cultural and family events if these fall during their scheduled work.

Shareholder Spotlight: Justice Peter to Represent Alaska in International Athletic CompetitionDoyon, Limited shareholder Justice Peter will represent Alaska as a member of the 2015 Pacific Conference Cross Country Team competing in the 27th annual Down Under Sports Tournament to be held in Australia June 30 – July 8.

Peter, a Gwich’in Athabascan from Fort Yukon, is Alaska’s only Native ambassador on the team. He is the son of Monica and Marcus Peter, grandson of Bonnie and Randy Thomas, and Alice Peter, and great-grandson of Vern Solomon and Grace Thomas.

Peter is a 17-year-old junior at Fort Yukon High School, where there had not been a competitive running team for a long time until this year.

“I have not had the opportunity to participate in this sport until this year and I love it,” said Peter, who placed ninth at the regional meet in Talkeetna in September 2014 and competed at the state cross country meet in Anchorage in October. Later that month, Peter was invited to join the national cross country team, which has approximately 200 members from across the country.

The Doyon Government Group (DGG) shareholder committee continues to meet its initiatives while coming up with innovative ideas for additional shareholder outreach efforts. Formed early last year, the committee strives to find ways to connect the Doyon shareholders working for various Doyon subsidiaries throughout the country, educate the DGG workforce about Doyon, Limited, and inform Doyon shareholders about DGG.

The committee’s early initiatives included hosting a traditional moose soup lunch for the Doyon government contracting pillar board members and DGG staff last January at DGG’s Federal Way, Washington office. From there, committee members proposed several culturally significant projects to educate Doyon subsidiary employees and ultimately strengthen the feeling of community and pride for those shareholders who are making a difference for Doyon, while living outside Interior Alaska.

Most recently, the DGG shareholder committee:

• Created and awarded a DGG Arctic Information Technology (AIT) competitive scholarship through the Doyon Foundation scholarship program to a qualified shareholder-student who is pursuing a degree in information technology.

• Created a cultural library within the Federal Way office, with the purpose of providing Alaska Native literature and media to DGG employees. The library contains books by Alaska Native authors, educational materials on the Alaska Native Claims Settlement Act, and videos of traditional dance.

• Hosted a holiday bazaar with Native arts and crafts from Alaska. Profits were sent back to shareholders in Alaska.

• Helped Doyon, Limited with the Christmas is for Kids fundraiser, bringing in $2,000.

The committee’s plans for 2015 include sustaining programs from last year and working toward the following new goals:

• Create a proposal for an employee trading program, with the goal of having shareholders experience other Doyon subsidiaries for a short time, in order to gain a broader knowledge of the Doyon family of companies and learn about each company firsthand.

• Actively work with shareholders on retention, outreach and development opportunities.

• Develop a mentoring program.

• Plan and host a shareholder outreach luncheon for shareholders living in the Federal Way/Seattle area to introduce themselves, and learn about DGG and the opportunities that exist within Doyon.

“The eight members of the shareholder committee participate voluntarily in addition to their regular full-time jobs. The members invest their time and energy because of their desire to give back to the community, other shareholders and their corporation,” stated Melissa McGinty, DGG employee and committee member.

Subsidiary News: Doyon Government Group Shareholder Committee Update

Language revitiziation Grants Continued from page 5

The 2015 awardees were selected through an independent review process that considered the scope of work, budget and other sources of funding, and community support.

Last year’s Doyon language revitalization grant recipients organized language workshops, recorded lessons, developed a website and offered weekly immersion classes.

The importance of this work is demonstrated by data from the Alaska Native Language Center at the University of Alaska Fairbanks, which reports there are 20 documented Alaska Native indigenous languages today.

About half of the 20 documented languages derive from the Doyon region. Census data from 2010 shows that Elders 65 and over who identified as either Native American or Alaska Native all spoke their language, but when it came to youth, ages 5 to 17, only one in 10 did.

Doyon thanks all who submitted applications for a 2015 grant, and encourages interested applicants to watch for the 2016 grant application, which will be announced near the New Year via the Doyon website, newsletter and social media outlets.

DGG shareholder committee members from left to right: Zacheus Ritchey (Fairbanks), Eve Blake (Nulato), Naomi Marazetti (Minto), Tiffany Giraldo (Northway) and Eric Johansen (Fairbanks and Anchorage). Not pictured: Melissa McGinty (Nulato), Marcus Motley (Chugiak) and Lessa Peter (Fort Yukon).

Doyon, LimitedApril 2015 7www.doyon.com

Business/Shareholder NewsHR/ Shareholder Outreach Update: 20 Shareholders Graduate Roustabout Training Doyon, Limited and Tanana Chiefs Conference (TCC) recently celebrated the graduates of the 36th roustabout training class at a ceremony held February 20 in Anchorage, Alaska. The 20 graduates trained for three consecutive weeks at the University of Alaska Anchorage Mining and Petroleum Training Service Center in Anchorage.

“Congratulations to all of you. Your accomplishment here earns you the admiration of your classmates, your teachers and your corporation. We are proud of you,” said Doyon President and CEO Aaron Schutt.

Since 1982, Doyon and TCC have partnered to recruit, select and train eligible Doyon shareholders to work as roustabouts for Doyon Drilling, Inc. (DDI). Roustabouts are entry-level general drill rig laborers. To be qualified to work as a roustabout, the candidate must be selected and successfully complete the roustabout training course, be physically capable of performing the work as verified by a post-offer, pre-employment medical screening, and pass a drug and alcohol test. Once employed, all DDI employees are subject to random drug and alcohol testing.

Employment on Alaska’s North Slope, where DDI’s primary operations take place, is rewarding, but harsh and demanding. Employees work in cold, remote conditions for 12 hours a day on a two-weeks-on and two-weeks-off rotating schedule. The work is physical, involving lifting, bending, carrying and exerting energy for extended periods of time. DDI rigs operate non-stop, 24 hours a day, 365 days a year. Employees can expect to work during holidays and sacrifice key cultural and family events if these fall during their scheduled work.

Roustabout training is a great way to build career experience and capabilities. Training is offered as needed, based on DDI’s employment needs, but typically occurs once or twice per year. Please follow Doyon on social media or watch www.doyon.com or the shareholder newsletter for future roustabout training recruitment notices.

Doyon encourages all eligible shareholders to apply for opportunities that suit their needs and interests. For more information regarding the roustabout training, contact shareholder outreach at outreach@doyon.com, 459-2127 (in Fairbanks) or 1-888-478-4755 (toll-free).

Shareholder Spotlight: Justice Peter to Represent Alaska in International Athletic CompetitionDoyon, Limited shareholder Justice Peter will represent Alaska as a member of the 2015 Pacific Conference Cross Country Team competing in the 27th annual Down Under Sports Tournament to be held in Australia June 30 – July 8.

Peter, a Gwich’in Athabascan from Fort Yukon, is Alaska’s only Native ambassador on the team. He is the son of Monica and Marcus Peter, grandson of Bonnie and Randy Thomas, and Alice Peter, and great-grandson of Vern Solomon and Grace Thomas.

Peter is a 17-year-old junior at Fort Yukon High School, where there had not been a competitive running team for a long time until this year.

“I have not had the opportunity to participate in this sport until this year and I love it,” said Peter, who placed ninth at the regional meet in Talkeetna in September 2014 and competed at the state cross country meet in Anchorage in October. Later that month, Peter was invited to join the national cross country team, which has approximately 200 members from across the country.

At the Down Under event in Australia, Peter will compete in the Gold Coast Marathon 5.7k as well as the All-American 5k. At last year’s event, there were almost 3,400 finishers from around the globe.

Those interested in learning more about Peter’s journey from Alaska to Australia can visit GoFundMe.com/h9i3tw. Details about the Down Under Sports Tournament are available at downundersports.com.

If you know of another inspiring shareholder who should be featured in an upcoming shareholder spotlight, please contact the communications department at communications@doyon.com.

• Create a proposal for an employee trading program, with the goal of having shareholders experience other Doyon subsidiaries for a short time, in order to gain a broader knowledge of the Doyon family of companies and learn about each company firsthand.

• Actively work with shareholders on retention, outreach and development opportunities.

• Develop a mentoring program.

• Plan and host a shareholder outreach luncheon for shareholders living in the Federal Way/Seattle area to introduce themselves, and learn about DGG and the opportunities that exist within Doyon.

“The eight members of the shareholder committee participate voluntarily in addition to their regular full-time jobs. The members invest their time and energy because of their desire to give back to the community, other shareholders and their corporation,” stated Melissa McGinty, DGG employee and committee member.

DGG shareholder committee members from left to right: Zacheus Ritchey (Fairbanks), Eve Blake (Nulato), Naomi Marazetti (Minto), Tiffany Giraldo (Northway) and Eric Johansen (Fairbanks and Anchorage). Not pictured: Melissa McGinty (Nulato), Marcus Motley (Chugiak) and Lessa Peter (Fort Yukon).

Front row, left to right: Damien Magnuson, Mark Frank, Cody Coman, Alex Ortiz, Malcolm Nickoli. Back row, left to right: Milferd Hill, Kenneth Cline, Carl Huntington, Jared Peter, Skye Malemute, Nathaniel Walker, Wilfred Kozevnikoff, Gavin Aker, Sean Lincoln, Matthew Billings, David Kriska, Kendra Zeller, Alex Merculief, Kenen Duke, Frank Bilow, Brandon Lewis, Mike Krupa.

Justice Peter

Shareholder News

April 20158

The 15th annual Morris Thompson Memorial Golf Classic, benefiting the Doyon Foundation scholarship program, will be held Thursday and Friday, June 18 and 19 at the Chena Bend Golf Course on Fort Wainwright in Fairbanks, Alaska. Information on sponsorships and registration materials will be sent soon to 2014 sponsors and participants, and registration will also be available online.

The golf classic was established in honor of the late Morris Thompson, who served as the president/CEO of Doyon, Limited from 1985 until his passing in 2000. Proceeds from the classic support the Morris Thompson Scholarship Fund, an endowed fund benefiting higher education students.

During the 2014 – 2015 academic year, the Foundation awarded the following Morris Thompson scholarships:

• Esther Frykman, $3,000 Committee Choice Competitive Scholarship

• Sheila George, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Bethany Green, $3,000 Committee Choice Competitive Scholarship

• Mara James, $3,000 Committee Choice Competitive Scholarship

• Patrick Lovell, $3,000 Committee Choice Competitive Scholarship

• Deanna Mayo, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Jennifer Romer, $5,000 Graduate Competitive Scholarship

• Emily Sexton, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Chanel Simon, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Jessica Ullrich, $7,000 Doctorate Competitive Scholarship

• Clarissa Zeller, $3,000 Committee Choice Competitive Scholarship

Since inception, the Foundation has awarded 67 Morris Thompson scholarships totaling $169,400. Over its 14-year history, more than 130 volunteers and 160 sponsors have supported the Morris Thompson Memorial Golf Classic. Last year alone, the event raised more than $90,900 for student scholarships.

For more information, watch www.doyonfoundation.com, or contact admin@doyon.com or 1-888-478-4755.

Save the Date for 2015 Golf Classic

www.doyon.com

Are you a Doyon shareholder?

Are you enrolled in a four-year college degree program?

Are you looking for a summer internship?

Summer Internship OpportunitiesDoyon, Limited has a variety of summer internship positions in Fairbanks and Anchorage!

Learn more and apply at www.doyon.com or contact Willow Bowen at bowenw@doyon.com or 907-459-2027!

Doyon, LimitedApril 2015

• Jennifer Romer, $5,000 Graduate Competitive Scholarship

• Emily Sexton, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Chanel Simon, $3,000 Certificate, Associate or Undergraduate Competitive Scholarship

• Jessica Ullrich, $7,000 Doctorate Competitive Scholarship

• Clarissa Zeller, $3,000 Committee Choice Competitive Scholarship

Since inception, the Foundation has awarded 67 Morris Thompson scholarships totaling $169,400. Over its 14-year history, more than 130 volunteers and 160 sponsors have supported the Morris Thompson Memorial Golf Classic. Last year alone, the event raised more than $90,900 for student scholarships.

For more information, watch www.doyonfoundation.com, or contact admin@doyon.com or 1-888-478-4755.

9www.doyon.com

Shareholder NewsFall Scholarship Application Deadline Changed to May 15

Doyon Foundation students who are planning to apply for a basic or competitive scholarship for the fall 2015 semester should update their calendar, as the scholarship deadline has been changed from April 15 to May 15.

The Doyon Foundation board of directors voted to change the deadline at their last board meeting, held in Fairbanks in March. The change will allow more time for students to complete and submit their applications at the end of the spring semester or following high school graduation. The new deadline also gives the Foundation staff additional time to process summer scholarship applications, which were due March 16, before the fall scholarship application deadline.

Beginning this year, applications for basic or competitive scholarships for the fall semester are due by 5 p.m. on May 15. Please note that applications are only accepted online. To apply for a scholarship online, students should:

• Create an account at www.doyonfoundation.com if they don't already have one. It is highly recommended that students create an account at least two weeks prior to the application deadline, as the shareholder verification process can take up to three business days.

• Log in.

• After successfully logging on, click “students,” then select “open scholarships.”

• Pick a scholarship by clicking “apply now.”

Students who need computer access are welcome to come to the Foundation office at the Doyon Industrial Facility, 615 Bidwell Ave., Suite 101 in Fairbanks. Foundation staff is also available to answer any questions or help with any issues students encounter with the application process.

For more information, on scholarship eligibility and the types of scholarships available, visit the Foundation website, www.doyonfoundation.com. Students may also contact Maurine McGinty, scholarship program manager, at mcgintym@doyon.com or 907-459-2049.

Address Changes & Updates Reminder

Shareholders who have changes to their phone, email or mailing address are asked to contact the Doyon, Limited records department by calling 459-2040 (in Fairbanks) or 1-888-478-4755 (toll-free), or by emailing records@doyon.com.

Current contact information is important as it enables shareholders to receive dividends and distributions, tax forms, newsletters, information on the annual meeting and board election, and other Doyon notices in a timely manner.

Shareholders who are unsure if their address is correct may check the “bad address” list posted at www.doyon.com/shareholders/IncorrectAddress.aspx.

In addition to updating addresses with Doyon, shareholders are encouraged to update their mailing addresses with the United States Postal Service at www.usps.com.

Shareholders to Receive 7(i) Distribution in May

Doyon, Limited Class B (at-large) shareholders will receive a 2015 7(i) distribution in May. The amount of the distribution will be announced April 30. The deadlines for direct deposit update is April 13 and address change is April 21. Please note the dividend disbursement is only for Class B (at-large) shareholders.

Read more about Doyon shareholder classes at www.doyon.com. For additional information, please contact records@doyon.com, 459-2040 (in Fairbanks), or 1-888-478-4755 (toll-free).

1 Doyon Place, Suite 300 Fairbanks, Alaska 99701-2941

CalendarAPRiL21

7(i) Distribution Address Update Deadline

307(i) Distribution Amount Announced

More information at www.doyonfoundation.com.

MAY3

Anchorage, AKUniversity of Alaska Anchorage Commencement Ceremony1 p.m., Alaska Airlines Center, 3550 Providence Dr.

8Fairbanks, AKDoyon Foundation Graduation Ceremony

10Fairbanks, AKUniversity of Alaska Fairbanks Commencement Ceremony12 p.m., Carlson Center, 2010 2nd Ave.

15Doyon Foundation Scholarship Application DeadlineFor basic and competitive fall semester scholarships. More information at www.doyonfoundation.com.

16Fairbanks, AKAmerican Heart Association Annual Heart Walk9 a.m., Veteran’s Memorial Park, 700 Cushman St.

25Fairbanks and Anchorage, AKDoyon, Limited Offices Closed In observance of Memorial Day.

April 2015

Barbara L. Angel, 51, Fairbanks, AK

George Attla, Jr., 81, Huslia, AK

Raymond R. Bennett, 86, Fresno, CA

Lydia Bergman, 84, Allakaket, AK

Geraldine Charlie, 85, Minto, AK

Stanford L. Cleaver, 56, Ruby, AK

Archie T. Denny, 84, Tanacross, AK

Lena E. Dewey, 90, Fairbanks, AK

Beverly A. Fantazzi, 61, Fairbanks, AK

Edward R. Finn, 70, Citrus Heights, CA

Brenda J. Folger, 57, Tanana, AK

Alfred P. Gurtler, Jr., 79, Ruby, AK

Jerry G. Hodge, 69, Locust Grove, VA

Nancy Holman, 95, Nenana, AK

Lori A. Hudson, 50, Birch Creek, AK

Lois J. James, 77, Fort Yukon, AK

Oscar A. Jimmie, 88, Northway, AK

Elaine Long, 73, Rampart, AK

Wesley Lord, 37, Fairbanks, AK

Larson Maillelle, 66, Anvik, AK

Douglas G. Minton, Sr., 73, Pretty Prairie, KS

Kevin D. Mountain, 50, Nulato, AK

Robert A. O’Grady, Jr., 65, Fairbanks, AK

Cesa (Kitty) Oldman, 70, Hughes, AK

Sally A. Payne, 75, Nenana, AK

Terralee E. Pearce, 48, Alton, IL

Ella S. Pearson, 66, Nome, AK

John K. Richards, 62, Kiana, AK

Raynold A. Savela, 89, Fairbanks, AK

Kenneth A. Sinclair, 59, Fairbanks, AK

Marty Smoke, 53, Stevens Village, AK

Charles G. Steinhilpert, III, 18, Anchorage, AK

James E. Stutchman, 28, Okmulgee, OK

William J. Vanderpool, 25, Sandpoint, ID

Joseph Willock, 66, Gilbert, S.C.

Judith F. Woods, 84, Manley/Tanana, AK

CondolencesThe Doyon, Limited board of directors and staff extend their sincere condolences to the families and friends of the following shareholders who have recently passed away:

Doyon Foundation Scholarship Review Committee Application Deadline