Attention Olgoonik Corporation Elders:

Consistent with our Iñupiat values of respecting our elders, the Board of Directors at their regular board meeting on October 4, 2017 approved an Elder Benefit that will be distributed on or before November 17, 2017. All Elders who are 60-years-old or older and were issued 100 shares of Settlement Common Stock will receive this benefit.

For Elders in Wainwright, your Benefit will be distributed at the Post Office the day they are available. For Elders outside of Wainwright, your Benefit check will be mailed to the address we have on file.

If you have questions or concerns, please e-mail ShareholderServices@olgoonik.com.

Quyanaqpak!