1

Tebughna Henek Winter, 2015

CEO Report by James Hoffman

Tyonek Native Corporation

(TNC) is about to celebrate its

41st successful year in existence.

Starting with very humble be-

ginnings from the ANCSA set-

tlement and growing north of

$200 million in revenues by

2010, this included a net income

of $10,000,000 by participating

in the US Governments 8a small

disadvantaged business program.

2016 is projected to be a year of

“Right Sizing and Turnaround”

with a focus on strategy with

achievable results.

TNC has a strong balance sheet,

a loyal core customer base and a

strong committed core of em-

ployees.

We are in a continuing process

of adapting our internal culture

to one of innovation, accounta-

bility and shared leadership. We

are reducing middle manage-

ment to expedite communication

and opening new levels of com-

munication within all levels of

the Organization. Key hires this

year included the President of

TMGI/TSGI and the CEO. Ex-

ecutive Management within the

organization has embraced the

leadership change and all are

aligned with the goals of re-

duced G&A, restructuring, con-

tinuous improvement and em-

bracing change.

TNC has the financial stability

and capability to invest in its

future that will support acquisi-

tion and organic growth.

The following graph illustrates

our recent history with our 2016

projected increase in equity. (Cont.)

Path forward:

TNC management will devel-

op a new 1/3/5 strategy.

There are significant oppor-

tunities for TNC in multiple

areas. These areas include

both within the current busi-

nesses as well as potential

new business areas or

segments we have identified

to be primarily services con-

centrating in Aviation MRO,

Intelligence gathering, Con-

tract Labor and Hospitality. (Cont.)

CEO Report 1

Presidents Report 4

Tyonek Alaska Group (TAG), Lands 4

Tyonek Alaska Group (TAG), , Nakacheba 5

AK Native Business Minor at UAA 6

Tebughna Foundation 7

Tyonek Tribal Conservation Dist. (TTCD) 8

Shareholder, employee News 9

Tyonek Construction Group (TCG) 10

Important Dates 12

2

TNC is well positioned to explore

growth opportunities:

Strong balance sheet with the abil-

ity to invest.

Core businesses generate profits.

MBE status – taking advantage of

our subsidiary companies certified as

MBE will be one of the priorities

second only to commercial opportu-

nities.

The organization possesses leader-

ship and qualified staff who want to

participate in the future success of

TNC.

KEY ASSUMPTIONS:

Generate cash for on-going opera-

tions and reinvestment

Dividend growth

Leverage current business and in-

frastructure in support of organic

and inquisitional growth through

JVs and acquisitions

Add Intellectual Property (IP)

New enterprises or business seg-

ments

Creating sustainable wealth

Grow TNC portfolio

Create opportunities for Sharehold-

ers

STATE OF THE UNION:

Cultural change has begun. TNC is

progressing from a top down envi-

ronment to an open and inclusive

culture, engaging associates at all

levels of the organization.

Core components of this cultural

shift are outlined below:

Shared Leadership – The success

of TNC will not be centered any-

where within the organization. It will

take leaders at all levels of the or-

ganization to develop strategies and

ideas for TNC’s success. This will

require some leaders to allow others

to rise while other leaders need to

step into their role. We are moving

to a decentralized leadership style

and away from a top down view

both corporately and at the subsidi-

ary level. To achieve true shared

leadership we need a framework

from which we can all focus on how

to get there.

We will focus on developing our

team members through training, uti-

lizing performance reviews, and set-

ting personal growth and develop-

ment plans. Additionally we will

develop a coaching and mentoring

model while creating an environ-

ment of trust, empowerment, ac-

countability and teamwork. Along

with enhanced communications this

will help foster the Shared Leader-

ship which is necessary for us to

achieve revenue and profit growth

over the next five years.

Innovation is defined as we con-

duct our daily business while creat-

ing an environment among our peo-

ple by fostering ideas of creation and

individual development at all levels

of the organization resulting in the

quality products and services that

our customers want now and in the

future.

Structure – implementing manage-

ment processes with structure allow-

ing for predictable results, modifica-

tion of actions to meet expected re-

sults and formal process to drive

new strategies for business and peo-

ple development. We are continuing

bi-weekly staff and divisional Presi-

dent conference calls.

Execution – Setting a high stand-

ard for flawless execution.

Accountability to each other and to

the goals of the organization

Budgeting process and metrics set

in place with the ability to hold sub-

sidiaries accountable for results in

addition to revenue and profit. We

will be managing against assump-

tions developed and when imple-

mented impact revenue and profit.

Will be holding bi-weekly busi-

ness reviews assessing performance

and adjusting to validate budget to

actuals.

TNC functional initiatives are

aligned with corporate goals. Will be

reviewing with team monthly on

progress.

Teamwork – Although we have

multiple subsidiaries and businesses

within, we are all AS ONE and work

for the benefit of our families and

shareholders. We will share re-

sources and open communication

lines.

Shareholder/

Corporate Relations

This position is currently open

without plans to reinstate in the

near future.

Key goals of our Shareholder

support are as follows:

Shareholder Relations

Enhance communication with

shareholders via the TNC website

and social media with current

news and activities of the compa-

ny. (Cont.)

CEO Report by James Hoffman Cont.

3

Network with major mining,

construction industry companies

and Native non-profit leadership

to find opportunities for work-

force development that benefits

TNC shareholders and family

members.

Encourage TNC shareholders to

supply skills and educational

information in the TNC Career

Development Database

(formerly Talent Bank) so that

we can supply employers and

shareholders with information

about employment / training.

In addition to our goals in

achieving “right sizing” through-

out the organization, our focus

will always remain with improv-

ing our lands in the Tyonek

Alaska Group.

Our Alaska goals are as follows

to carry out our Mission, Vision

and Values:

Mission

Successfully manage and protect

Tyonek land to maintain its sus-

tainability to TNC, its sharehold-

ers, descendants, and beneficiar-

ies.

Vision

Tyonek Lands will remain fertile

and continue to sustain its re-

sources for the enjoyment and

subsistence uses of TNC’s

shareholders and their descend-

ants. Entrusted with some of the

most fertile lands, TNC works

toward protecting, enhancing,

and preserving the lands natural

resources while maintaining its

cultural values and developing

resources to optimize wealth and

improve opportunities for TNC

and its shareholders.

Values TEBUGHNA – Our Land, Our

Tribe, Our People

TRADITION – Acknowledging

our Elders and our culture

PRIDE – Among our People for

a successful positive future

GOOD HEALTH – With sobrie-

ty and spirituality

TRUST – Building healthy rela-

tionships

SUCCESS – Through well-

planned growth

LEADERSHIP – Through edu-

cation and support

KNOWLEDGE – Passing on

wisdom to our youth

Guiding Principles

Cultural and subsistence life-

styles on TNC land will be re-

spected.

Decisions will recognize the

valuable ecosystem relating to

air, water, and land quality and

be consistent with our mission

and values.

TNC will respect, consider and

balance community goals, trans-

portation needs and quality of

life issues of the Native Village

of Tyonek in our decision mak-

ing for the Moquawkie area.

Commercial activities will

avoid or minimize negative

health impacts to Shareholders.

Encourages the economically

and environmentally sustainable

management of forests.

Committed to integrity in our

business and our work.

Economic development initia-

tives will emphasize environ-

mental sustainability and protect

water, air and natural resources.

Achieve economic success and

prosperity for TNC shareholders

by targeted development areas

on TNC land and diversified ac-

tivities.

Wealth creation will make ef-

forts to provide socio-economic

benefit to our shareholders, and

the community where we invest

our capital and resources.

Goals

1.Land Management – Manage

TNC land to enhance natural

resource stewardship and pro-

vide for Shareholder enjoyment,

subsistence, economics, future

use, and access.

2.Economic Opportunities –

Land use that support creation of

economic opportunities for TNC

and shareholders in environmen-

tally sound commercial activi-

ties.

3.Conservation – Maintain, or

enhance the health of Tyonek’s

land and its natural resources.

4.Subsistence – Enhance

Moquawkie area land for sub-

sistence use by TNC sharehold-

ers.

CEO Report by James Hoffman Cont.

4

Presidents report by Lisa Constantine

Merry Christmas and Happy

New Year Fellow Sharehold-

ers,

As this is the last newsletter of

2015, I would like to go over

some of the highlights of the

year.

We hired a new CEO James

Hoffman in July of 2015. An-

other new hire is John Mat-

thews as our TMG/TSG presi-

dent. The board and manage-

ment are tracking our strategic

planning goals that we had

done in April of 2015. One of

the main goals, “Grow and di-

versify our businesses through

acquisition of existing busi-

nesses. Our subsidiaries will be

looking for opportunities that

will integrate well into our

company and build off of our

strengths of a great reputation

and seek opportunities with

high return on our invest-

ment.” I am proud to report

that Management and our in-

vestment committee brought a

new acquisition to the board at

the last meeting and are cur-

rently working on this acquisi-

tion. We welcomed new and

returning Board Members An-

gie Constantine, Charlene

Stephan and Michaelene Steph-

an at the 2015 Shareholder

meeting. The land department

held its 14c land process meet-

ings in Tyonek, Anchorage and

Kenai. The company had

shareholder meetings in An-

chorage and Tyonek. In Octo-

ber the board declared an $8

per share dividend to be paid

out on December 9, 2015.

On a sad note we said farewell

to the following Shareholders

Daniel Standifer Sr., Lawrence

(Bunky) McCord, Melissa Abel

and Franny DeFrates.

So in conclusion we are excit-

ed and looking forward to a

prosperous 2016.

Sincerely,

Lisa Constantine

President

Tyonek Native Corporation

NOTICE

Tyonek Native Corporation is

now starting its conveyance

program under section 14(c) of

ANCSA.

Were you occupying land on

December 18th, 1971 which

was later selected by Tyonek

Native Corporation?

Section 14(c)(1) & 14(c)(2) of

the Alaska Native Claims Set-

tlement Act (“ANCSA”) enact-

ed by congress December 18,

1971 requires that Tyonek Na-

tive Corporation (“TNC”) con-

vey a tract of land to any per-

son or persons who occupied

the land as of the date of the

enactment of ANCSA on De-

cember 18, 1971 as their:

1) Home (Primary Place of

Residence)

2) Business (Primary Place of

Business)

3) Subsistence Campsite

4) Headquarters for Reindeer

Husbandry

5) Non-Profit Organization

The corporation is now starting

the 14(C)(1) & (C)(2) process

for the lands TNC owns. Appli-

cations and further information

are available from Tyonek Na-

tive Corporation, 1689 C

Street, Suite 219, Anchorage,

Alaska 99501 or telephone 907

-272-0707 or email

lands@tyonek.com.

The application period is NOV.

9, 2015-FEB. 29, 2016.

Tyonek Alaska Group (TAG) Lands

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The name Nakacheba has been used for generations by the Tyonek people. Many of us would get annoyed

when we asked where someone was going only to get the reply “Nakacheba.” “Where the heck is Nakache-

ba?” we would ask. “Nowhere” would be the reply. That still didn’t satisfy some of us. Today Nakacheba is

somewhere, at least on paper. It is located on the Westside of Cook Inlet between Tyonek and Beluga.

Nakacheba was created to satisfy TNC’s ANCSA section 14(c)(3) obligation to convey land to any Munici-

pal Corporation in the Native village or to the State in trust for any Municipal Corporation established in the

Native village for community use and expansion, appropriate rights-of-way for public use and other fore-

seeable community needs. For these reasons listed, TNC chose to create Nakacheba to protect the current

Village of Tyonek from outside influences. In 2007 the State of Alaska, BLM and TNC signed the docu-

ments finalizing TNC’s 14(c)(3) obligation.

A substantial amount of residential land was made available to be given to TNC shareholders as a Land

Dividend and the Department of Commerce, Community and Economic Development serves as the Trustee

for the community lands of Nakacheba which are future roads, utilities, sanitation, and other common areas

for infrastructure to support Nakacheba.

About the same time the Nakacheba process was underway, the Chuitt River Conservation Easement was

being considered to fund the infrastructure needed within Nakacheba such as building roads, surveying lots,

and utilities. The conservation easement could have been the funding tool needed if Congress had approved

Alaska Native Corporations the same right as other land owners to receive tax benefits for creating conser-

vation easements. The fact that tax benefits were not forthcoming was one of the reasons to end the conser-

vation easement project and development of Nakacheba.

The cost today to build Nakacheba is a minimum of nearly $11 million dollars, and that is a conservative

number. An estimate to survey 823 lots at $2,000 per

lot is $1,646,000 and an estimate of $300,000 per mile

of road at 30 miles is $9,000,000.

If TNC chooses to move forward with a land dividend

to shareholders and develop Nakacheba in the immedi-

ate future, all the funding required must come from

profits and shareholder dividends will be decreased sub-

stantially, or non-existent. In order to maintain share-

holder dividend disbursements another source of fund-

ing must be located to build Nakacheba. In the mean-

time, TNC continues to renew the plat at the Kenai Pen-

insula Borough and search for other funding to make

Nakacheba and a land dividend a reality.

Nakacheba

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NEW ALASKA NATIVE BUSINESS MINOR AT UAA

The University of Alaska Anchorage (UAA) now offers the first-ever minor in Alaska Native Business Man-

agement.

Since the 2014 fall semester, the new minor has presented students with an in-depth look at how Alaska Na-

tive Corporations have diversified into successful state, national and global companies. The minor employs

targeted education, hands-on training, research and technical assistance to grow the next generation of Alaska

Native corporate and nonprofit leaders.

“As of 2015, UAA has over 2,000 Alaska Native and American Indian students,” says Sharon Lind, term as-

sistant professor for UAA’s College of Business and Public Policy. “We have more Alaska Native students

than any other university, so this program makes sense here.”

The Alaska Native Business Management minor is comprised of five required courses totaling 13 credits and

an additional five elective credits that are focused on Alaska Native topics. Concepts covered in the required

courses include Alaska Native corporation business practices, leadership and business management.

For the spring semester of 2016, classes will include Alaska Native Organizations; Indigenous Leadership; and

Inside the Boardroom of an Alaska Native Organization.

The Alaska Native Business Management minor is targeted at undergraduate bachelor degree-seeking stu-

dents. The curriculum is valuable for anyone seeking to do business with Alaska Native organizations and is

available to all UAA undergraduate students, regardless of their major.

“We have a strong interest in these classes by Alaska Native students,” Lind says. “Additionally we are start-

ing to see a very strong interest from our accounting students. Those majoring in accounting know they will

probably start their careers in an auditing firm, and it is to their advantage to have knowledge in this area be-

fore joining that firm.”

To learn more, contact Sharon Lind at 907-786-4166 or sglind@uaa.alaska.edu.

For Spring 2016 we are offering:

BA A202 Alaska Native Organizations – 3 credits, meets Tuesday and Thursdays 5:30 p.m. to 6:45 p.m.,

Course Reference Number 37075

BA A402 Indigenous Leadership – 3 credits, meets Wednesdays, 5:30 – 8:15 p.m., Course Reference Number

37078

BA A403 Inside the Boardroom of an Alaska Native Organization – 1 credit, meets March 25 and April 1st all

day both days, Course Reference Number 37079.

Article by Jamey Bradbury, Copywriter, Corporate Communications at CIRI

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Tebughna Foundation Tebughna Foundation would like to remind all students that the deadline for the next Scholarship ap-

plications is on December 1, 2015, please get your applications in as soon as possible so that it can be

processed is a timely manner. Scholarship deadlines are as follows:

December 1, 2015

April 1, 2016

July 1, 2016

Please make note and get your applications in on time.

We would like everyone to welcome our newest Board Member; Renee Harp. We are excited for the

addition, and for the new ideas she may bring to the table at our meetings.

As per our last Tebughna Foundation Board meeting on November 6, 2015, the TF Directors would

like all Community and Cultural Donations Application to include; A budget page for the project and

for the application to be signed by a NVT council member. Thank you for your attention to this mat-

ter.

The Ida’ina Basketball tournament will be held this

February 2 thru February 5th 2016. Get your teams

signed up for this awesome event!

Also in December, Tebughna Foundation would like to

have a First aide class, if you need certification or re-

certification on this, please call Julia at 646-3142 so that

she can add you to their class list. She will send out notic-

es on when the First aid class will be.

We have a benefit concert on December 19th, at West High Au-

ditorium. The ticket prices are: $20.00 single ~ $30.00 couple ~

$10.00 for elders, featuring: Gary Farmer and the Trouble

Makers, Marc Brown and the Blues Crew. Show starts at 7:00

pm. To purchase, come by the office Monday thru Friday 8:00

am to 5:00 pm, or to purchase over the phone or after hours and

weekends, call Melissa at 646-3130, or Julia at 646-3142 .

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In 2015, TTCD worked closely with TNC and NVT to make major strides to pro-

tect salmon habitat. In August, TTCD and partners completed the Robert’s (also

known as Old Tyonek) Creek culvert replacement. This project opened 10.45

miles of pristine spawning and rearing habitat for salmon. The completion of this

project represents TTCD’s third removal of a fish passage barrier in the Tyonek

area, with a total of 20 miles of habitat opened to salmon since 2012.

Tyonek Tribal Conservation District

Subsistence is Our Agriculture.

As 2015 draws to a close, we at TTCD are thankful for a successful year of working with TNC and other

partners to conserve, enhance, and encourage the wise use of natural resources. TTCD celebrated many ac-

complishments this year, and we’re planning for another action-packed year in 2016.

Above: Undersized culverts at Robert’s Creek prior to construc-tion. Below: Completed project.

Pike caught in Beluga during summer pike derby.

TTCD held two pike derbies this year in Tyonek and Be-

luga, resulting in the removal of 85 pike from the area.

TTCD staff also surveyed for invasive plants, and collect-

ed data on stream temperatures and fish populations.

TTCD will continue to monitor watershed health and ad-

dress salmon habitat issues in 2016.

Gwen Chickalusion prepares Ty-onek Grown veggies for school snack at the Tebughna School.

The Tyonek Garden continued to thrive and expand in 2015. The Tyonek Garden

produced over 1,800 lbs of food in 2015 (including 60 lbs of watermelons!), and

veggies went to the elders lunch program, the Tebughna School, and many loyal

customers in both Tyonek and Anchorage. TTCD honored Gwen Chickalusion as

Garden Volunteer of the Year, for her many hours of service, including her efforts

to incorporate Tyonek Grown produce into the Tebughna School snack program.

The Tyonek Garden is now closed for the winter, and TTCD staff is in the pro-

cess of planning for another successful season in 2016.

TTCD and the Tyonek Garden were high-lighted in 2015 through ANTHC’s Healthy Portraits Program.

This fall, TTCD welcomes three new board members: Sharon Williford,

Marian King, and Gwen Chickalusion. We’d like to thank our departing

members, Charlene Stephan, Harriet Kaufman, and Emil J. McCord, for

their years of service. Currently TTCD is seeking a new member to join our

dedicated board in the at-large board member position. Letters of interest are

due by December 31, 2015.

To learn more about this opportunity and how to apply, please visit

www.ttcd.org, or email Christy Cincotta at ccincotta@tyonek.com

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Welcome Bill Warner!

Bill is the new Accounting Manager for our Anchorage office. He re-

places Tracey Ramsey, who accepted a new position with another com-

pany in Anchorage.

Bill received his Bachelor of Business Administration – Accounting

from UAA. He then went on to earn his Master of Business Admin-

istration – Accounting degree from the University of Phoenix. Previ-

ously, Bill has worked as the Chief Financial Officer for The Arc of

Anchorage, and Seldovia Native Association. This experience will be

put to good use as he takes the helm of the Anchorage accounting of-

fice.

Please join us in welcoming Bill to his new job.

Employee Spotlight — Bill Warner

Need current addresses for the following Shareholders

Rayden Angasan

Fred W. J. Bahr III

Victoria Bahr

Bryson Basham

Leonard Chickalusion II

Melody Chickalusion

Winnie Chickalusion

Annabelle Chuitt

Calvin Chuitt

Travis Chuitt

Troy A. Davis

William Davis III

Alexxis Delk

Dallas Demientieff-

Baker

Joseph Erwin

Jackson B. Garber

Brandon Giles

Trevor Grant

Nathaniel J. Green

Harvey W. Kaloa

Drake King

Nivea-Alexis

Kinneeveauk

Ashton Leclerc

Kyle L. Poitry

Micah Poston

Carl Starkloff

Odessa Smith

Andrew Standifer

Breanna Stephan

Antonio Stefano

Charmaine Triplett

Sonny Zaochney

“When TNC mail is returned as undeliverable, the TNC records are placed on hold and any distributions are

held pending receipt of a valid address. Shareholders can fill out the change of address form at Tyonek Na-

tive Corporation offices, download the change of address forms from the www.tyonek.com website or send a

signed and dated letter that includes the new address, telephone number, birth date and the last four digits of

their social security number.”

Our deepest condolences for the families of:

Francis (Franny) Marie DeFrates, 60

Lawrence (Bunky) McCord, 84

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Tyonek Construction Group (TCG)

Women are Breaking Ground at Tyonek Construction Group

The women of Tyonek Construction Group are leading the way and inspiring the next generation in a tradi-

tionally male-dominated profession. Six women are rolling up some sleeves and doing their part in building

roads, drilling pads, water treatment plants, housing and waterline projects. Meet the movers and shakers for

the Tyonek Construction Group.

Naomi Akers, Yup’ik Eskimo

Project Coordinator

After moving from the small village of Emmonak, Alaska this little Eskimo

has been on a wild ride after first landing a position with TCLLC as an Ad-

min Assistant. Working hard to get a firm grasp on the construction business

and love assisting the superintendents and employees in the field, she has

proven her worth and was recently promoted to Project Coordinator. “When

I first began with TCLLC, I didn’t know a parapet from a pepperoni pizza.”

She enjoys the office environment where the females outnumber the males in

the Albuquerque office, she is never hesitant in rolling up her sleeves to get

the job done.

Jessica Standifer, Athabascan

Admin Assistant

Growing up in Tyonek and graduating from Nikiski Jr/Sr High School in

Nikiski, Jessica Standifer has her roots firmly connected to her community

and TCG. Working various jobs, and raising 4 beautiful children she moved

back to Tyonek and started work as Receptionist/Administrative Assistant

with Tyonek Native Corporation in May 2013. “Tyonek Contractors offered

me a challenging position and I have been learning about heavy equipment

and the inner workings of construction ever since.”

“I really enjoy working with Tyonek Contractors, we work as a family and a

team, plus it helps that I know everyone already.” Nobody escapes when it

is time for timesheets and daily work tickets. When it comes to these daily

deadlines Jessica’s favorite saying is “I know where you live.”

Nancy Abeyta, Albuquerque

Sr. Project Coordinator

After taking a few years off to start a family Nancy is back in full swing as a key

TCG project coordinator. Not much escapes Nancy’s eye for detail. Keeping the

projects books and senior management in order is her top priority. "Women have a

good work ethic," she said. "They're very serious."

Nancy has worked her way up to project coordinator after starting as an admin as-

sistant and the second employee in Albuquerque over three years ago. Helping to

open the Albuquerque office she has seen it go from one project to an office with

almost $30M in contracts. “The last four years has literally been crickets to chaos,

in a good way.” Her background as owner of a food franchise and her MBA from

Anderson School of Management has helped to keep it all on track.

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Tyonek Construction Group (TCG)

Patricia Hall,

Mescalero Apache

Project Manager Patricia’s attention to detail and excellent organizational skills makes her a leading

member of the TCG construction team. Patricia entered into the construction industry in

New Mexico at the tender age of 19. She initially gravitated to construction because she

candidly admits that she liked working with men. However, she has found that working

with women is a refreshing change because they are better organized and more open to

suggestions. Working with a group of women is very refreshing, problem solving is

more collective.” She has been involved with some of the highest profile construction projects in New

Mexico, starting Intel FAB 19, Rio Grande Diversion, and she has worked on the set of

Breaking Bad. "It's definitely something to be proud of," she said. "There is nothing

wrong with hard work and good results."

Living her entire life in the south valley of Albuquerque she sees the challenges of con-

struction very much like raising a family. “If you plan, prepare and persist things work

out in the end.”

Stephanie Heck, Kansas

Quality and Safety Manager

Stephanie is a recent new hire from Kansas City, Kansas and is responsible for the Quali-

ty and Safety program development and training of all Tyonek Construction employees.

Working in quality and safety for 16 years with 4.5 of that specifically in design or de-

sign build construction and also served as a Med-Evac medic in the US Air Force. “I

enjoy working in the office and in the field with Tyonek professionals and look forward

to ramping up both programs and training in the New Year.”

Pearl Platero, Navajo

Receptionist

Originally from Newcomb, New Mexico and growing up on the Navajo Indian Res-

ervation, Pearl is not new to construction. Four years with Power Plumbing & Me-

chanical, Inc. gave her a start in the construction industry initially not knowing what

a construction company was. “I was fresh out of business school and it was very in-

teresting and challenging.” The work force was all male, and she learned quickly

about plumbing and HVAC. “I am very grateful that I am back in the construction

business I didn’t realize how I missed the team work.”

You better be careful with Pearl at the next company picnic or you might find your-

self on the wrong end of a game of horseshoes. She is the Secretary/Treasurer/

Statistician for the New Mexico Horseshoe Pitchers Association. She participates in

annual World Tournaments and actually won the Class E World Class Champion in

2002. “Yes, I am a horseshoe pitcher.”

Tyonek Construction Group is looking to hire shareholders and provides all Tyonek Shareholders with opportunities for

professional development, education, networking, leadership training, and more. In particular, women shareholders

should take a hard look at our construction company. The number of women employed in the U.S. construction industry

grew substantially, by 85% from 1985 to 2015. TCG management provides equal opportunities, supports and welcomes

women as managerial, professional, administrative, and production employees. Don Standifer Sr., President of TCG,

put it directly, “Increasing women’s participation in high-wage, high-skill nontraditional fields, such as construction, is

vital to the economic security of TNC and the Tyonek people.”

All interested shareholders are urged to apply on the TNC website, http://www.tyonek.com/careers/

tyonek-jobs/.

12

Dec. 4th - Board of Directors meeting

Dec. 5th - Shareholder information meeting in Tyonek

Dec. 9th - Dividend distribution at $8.00 per share

Dec. 24th & 25th - TNC offices closed for Christmas

Jan. 1st - TNC offices closed for New Years Day

1689 C Street

Ste. 219

Anchorage, AK 99501

Phone: 907-272-0707

Fax: 907-274-7125

www.tyonek.com

IMPORTANT DATES—Winter, 2015

Tyonek Board of Directors

Sharon Williford, Chair

Lisa Constantine, President

Robert Stephan, Sr., Vice Chair

Charlene Stephan, Vice President

Bart Garber, Secretary

Angie Constantine, Asst. Sec/Treas.

Michaelene Stephan, Director

Jaison Standifer, Director

Emil J. McCord, Director