A Message from CIRI CEO Swami Iyer and President Tabetha Toloff

Over the past year, we have advanced important initiatives that strengthen both our business and our ANCSA mission. Together, they support long-term prosperity for our Shareholders and Descendants, stakeholders and communities. These efforts reflect our core values—Mission Driven, Excellence, Honor, Respect and Unity—and recognize that both our business strength and our mission commitments work together to guide our path forward.

Building an efficient and aligned CIRI enterprise

A strong, efficient business foundation allows us to invest more deeply in programs, initiatives, and benefits for our Shareholders and Descendants. In 2026, our focus will be on

• Restructuring how work gets done by advancing plans to implement a shared services model. By consolidating duplicative activities and standardizing essential services, we ensure our operating companies are free to focus on growth, innovation and serving customers. This model strengthens governance, improves service quality and honors Shareholder resources by ensuring work is done once, done well and done consistently.

• Improving how well our teams operate day‑to‑day by prioritizing operational efficiencies—streamlining processes, leveraging data and eliminating inefficiencies. By elevating performance across all business functions, we improve margins, accelerate delivery, and reinvest savings into our people and our mission.

• Moving from passive to active investments that align with our values and long‑term direction. As you read in our lead article, we recently expanded the CIRI enterprise with two strategic acquisitions: HABCO and I2X. Both acquisitions grow Shareholder value and drive operational excellence, positioning CIRI for a stronger future.

Together, these efforts create a more resilient enterprise—one that is well‑positioned to support meaningful opportunities and long‑term value for Shareholders and Descendants.

Strengthening our mission through opportunity, support and connection

The strength of our enterprise directly supports the strength of our mission. In 2026, we are expanding programs that celebrate culture and create opportunities at every stage of life.

Last year, we introduced the Ada Honor Program to support families during some of life’s most difficult transitions, and in 2026, Elder distributions will increase to $600 per quarter. Together, these programs and initiatives reflect our commitment to providing meaningful, reliable support for Shareholders and families at important stages of life, while honoring the unique role Elders hold within our communities.

Looking ahead, we are expanding opportunities for Shareholders and Descendants through leadership and education. In February, we introduced the Nułyah Program, a mid-level career leadership development program for CIRI Shareholders and Descendants who are ready to grow as leaders and advance toward their diverse career goals. This program builds on the strong foundation we already offer—including summer internship/ apprenticeship opportunities, virtual mentoring and executive-level training through the Yah Program—filling an important gap by offering targeted development for mid-level career professionals preparing for higher levels of responsibility.

We will continue to explore additional ways to partner within our communities and invest in workforce development efforts that align with evolving opportunities across the enterprise.

Unified by mission and enterprise

Our business decisions and mission commitments are deeply interconnected. A stronger enterprise gives us the ability to expand benefits and programs. And our mission—grounded in culture, people and community—guides how we lead, invest and grow the Company for the future.

These priorities reflect the stewardship, unity and responsibility that guide CIRI forward. The progress we carry into 2026 is made possible by the trust and confidence of our most valued stakeholders: Our Shareholders, Descendants and families.

With respect and gratitude,

Swami Iyer
CIRI CEO

Tabetha Toloff
CIRI President