2022 Settlement Trust Distributions Announced

Utqiaġvik, Alaska (April 14, 2022) 

The Ukpeaġvik Iñupiat Corporation (UIC) Board of Directors has declared a Settlement Trust Distributions for 2022 of $30.00 per Trust Beneficiary share. This distribution is scheduled to be made as a single payment of $30.00 per share and will take place on or around June 30, 2022. The payment will be made to all shareholders of record as of June 7, 2022. This distribution is based on strong financial and operational achievements in 2021.