|  November 23, 2014  |  
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BSNC announces formation of Arctic Development Committee

Bering Straits Native Corporation (BSNC) recently announced the formation of an Arctic Development Committee that will provide guidance on responsible Arctic development and other matters related to the increase in maritime activities through the Bering Strait. The committee will focus on the creation of economic development opportunities for the region, as well as advocate for environmental, food and energy security.

“The anticipated increase in marine traffic in Arctic waters and through the Bering Strait presents challenges and opportunities in the areas of national security, economic
development, environmental protection and community well-being for the people of our region,” said BSNC President and CEO Gail Schubert. “It is imperative that BSNC have a strong voice in providing guidance on Arctic development, including responsible development of the Outer Continental Shelf, and other matters related to the increase in
maritime activities through the Bering Strait.”

Development of BSNC’s resources, lands and business interests in the Region will be aided by an increase in the usage of Arctic waters for shipping and responsible resource
development and extraction. The Arctic Development Committee will discuss and make recommendations on development and other matters related to the increase in maritime activities through the Bering Strait, including but not limited subsistence hunting and fishing efforts in the region, economic development opportunities that relate to expanding marine traffic, port and infrastructure development and community safety.

BSNC is an Alaska Native Corporation that was established by the Alaska Native Claims Settlement Act of 1971. It is owned by more than 7,100 Alaska Native shareholders and
actively pursues responsible development of resources and other business opportunities. Through its subsidiaries, BSNC serves the federal government and commercial customers throughout the Bering Strait region, Alaska, the United States and the world.

Visit www.beringstraits.com

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