2019 SAFE Distribution Declared and Letter to Shareholders

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The Shee Atiká Fund Endowment Board of Trustees is pleased to announce a 2019 distribution!  At its regular meeting on November 15th, the Board of Trustees declared the distribution for shareholders of record on November 25, 2019.  Eligible shareholders will receive $4.00/unit (share) to be mailed from Sitka on Friday, December 6, 2019.  Those shareholders who have direct deposit will receive their funds on Wednesday, December 4, 2019.  You MUST have a current address to receive direct deposit.  Please call today and verify that your address and direct deposit information are correct.  (800) 478-3534 or (907) 747-3534.

Letter to Shareholders Regarding the 2019 Distribution

Dear fellow shareholders:

I am writing you today on behalf of your Shee Atiká, Incorporated (SAI) Directors who are also the Trustees of the Shee Atiká Fund Endowment (SAFE). We are guided by SAI’s mission to preserve and enhance our culture for all generations of shareholders, and to provide benefits to shareholders consistently and on an equitable basis.

Since 1993 your distributions have been paid by SAFE as declared by the SAFE Trustees. Knowing that SAFE is a long-term fund that should be available for current shareholders and future generations, the goal of SAFE’s trustees has always been to balance distributions with maintaining (or growing) the principal.

After careful consideration at our November 16, 2019 planning meeting, your SAFE Board of Trustees declared a $4.00/unit (share) distribution payable by mail on December 6, 2018 and by direct deposit on December 4, 2019 to SAFE beneficiaries (SAI shareholders) as of the record date of November 25, 2019.

Your SAI Board/SAFE Trustees are committed to monitoring SAFE performance and expenses to ensure we can continue to provide prudent distributions while protecting SAFE for our future generations. The $4.00/unit (share) distribution is from the cash earnings of the trust and is not a distribution of the principal of the trust. The additional earned income above the $4.00/unit (share) will be reinvested in the trust to help grow the principal.

If you have any additional questions or comments, we encourage you to email the board, info@sheeatika.com, or contact the board through the sheeatika.com website Contact Us link.

Sincerely,

Pamela Steffes, Board Chair

Shee Atiká Incorporated

Shee Atiká Fund Endowment