Voting: A Key Responsibility of Being an Ahtna Shareholder

Published April 2020

Leandra Martin submits her proxy at the 2018 Annual Meeting. This year, you can submit proxies online using the e-voting website, or by email or phone call to the meeting tabulators.

Leandra Martin submits her proxy at the 2018 Annual Meeting. This year, you can submit proxies online using the e-voting website, or by email or phone call to the meeting tabulators.

One of the main responsibilities of being an Ahtna shareholder is to vote in Ahtna elections and on other matters presented for a shareholder vote. Voting in elections ensures that your voice is heard.

Shareholders who own voting shares are responsible for ensuring the long-term strength of Ahtna by electing a board of directors. In addition to providing guidance and leadership, the board establishes policies for achieving Ahtna’s strategic goals.

What is a proxy?

A shareholder may give his or her proxy to another voting shareholder or to the Ahtna election committee. The proxy authorizes the proxyholder to represent and vote the shareholder’s shares. The proxy may direct how the proxyholder is to vote, or it may leave the choice to the proxyholder’s discretion.

To be valid, signed and dated proxies must be received by the election inspector for the annual meeting by the specified proxy deadline. There are several ways to submit proxies this year: online using the e-voting website, or by email or phone call to the inspector of elections. Shareholders should refer to the Proxy Statement in their mailed Annual Meeting packet for details.

What is a quorum?

The minimum participation requirement for shareholder meetings is also known as “quorum.” Currently for Ahtna, a quorum means 33.33 percent (one third) plus one vote of eligible voting shares must be received by the proxy deadline in order to hold the Annual Meeting of Shareholders.

How else can I stay involved?

Every shareholder who votes can be a catalyst for growth. In addition to submitting a proxy, shareholders can stay involved with the Corporation by spreading the word when Annual Meeting materials are received, keeping a valid mailing address on file with the Ahtna Shareholder Records Department, reading shareholder news, and attending nearby shareholder events.