Shareholder Information & News

2026 Board of Directors Solicitation Letter

The 2026 Solicitation Letter for Board of Director positions was mailed March 23, 2026:

Dear Shareholder:

The Maserculiq Incorporated Board of Directors is soliciting applications from candidates to fill two board seats that are up for election this year. Those seats are currently held by Zena Disney and Nicholai Duny. The seats will be for three (3) year terms. The election will be held in conjunction with the annual shareholder’s meeting on August 8, 2026, in Anchorage Alaska.

Candidates must be shareholders of Maserculiq Incorporated, at least twenty-five (25) years of age, reside and be domiciled in Alaska or the continental United States, as of the election date and otherwise be eligible for election or appointment. See items (i) – (vi) of Article II Section 1 of the Corporation bylaws (attached to this letter) for certain matters that will cause a shareholder to be ineligible to run for election as a director.

Shareholders who are interested in running for this seat and who want their name to be included in the Corporation Proxy Statement and Proxy must submit a resume providing information on their experience, education, and other relevant information they want distributed to the shareholders before the vote. The corporation reserves the right to edit submitted materials in whole or in part before placing them in the corporation proxy statement.

Your resume must be received no later than 3:00 p.m. local time, May 15, 2026, at the corporation office in Marshall. Your resume may be brought to the corporation office during normal business hours, or mailed to the above address, or emailed to office@maserculiq.com, or sent by fax to (907) 679-6740. Candidates are responsible for ensuring that their resumes have been received at the Corporation office by the deadline.

Sincerely,

Zena Disney, Chairman

ARTICLE II

Board of Directors

Section 1. Number and Term of Office. The business and property of the corporation shall be managed and controlled by the Board of Directors. Subject to the restrictions imposed by law, the Articles of Incorporation, or by these Bylaws, the Board may exercise all the powers of the corporation.

The Board of Directors shall consist of five (5) members. All directors shall be shareholders of the corporation and at least twenty-five (25) years of age. No person may serve as a director or be listed as a candidate on the corporation’s proxy who also serves as or performs the duties of an officer or director of any for-profit business of any kind. No person may serve as a director or be listed as a candidate on the corporation’s proxy unless that person resides and is domiciled in Alaska or in the continental United States. No person may serve as a director or be listed as a candidate on the corporation’s proxy whose ongoing obligations to any other entity or person create ongoing conflicts of interest with that director’s fiduciary obligations to the corporation unless the corporation’s Board of Directors finds those conflicts to be resolvable through exclusion from participation in and/or voting on any subject matter pertaining to the area of conflict without substantially impairing the director’s ability to perform the director’s office. The Board of Directors shall adopt procedures and forms providing for disclosure under oath of actual or potential conflicts. Candidates for director and directors shall submit such forms (i) before taking their oath of office in the case of newly elected directors, and (ii) annually in the case of sitting directors. Any newly elected or sitting director who fails to submit the required disclosure form in a timely manner shall be deemed to have resigned his or her position as director. A director who accepts a disqualifying position as described above shall be deemed to have resigned from the Board of Directors. Subject to the foregoing, each director shall hold office for the term for which he/she is elected and until his/her successor is elected and qualified. Subject to the foregoing and to the Articles of Incorporation, Director seats will be filled by the candidate(s) receiving the highest vote count in the election.

Any vacancy occurring in the Board of Directors may be filled by the affirmative vote of a majority of the remaining directors, though less than a quorum of the Board of Directors. A director elected to fill a vacancy shall be elected for the unexpired term of his predecessor in office.

No individual shall qualify for election or appointment as a director if such individual has, at any time within fifteen (15) years prior to election:

been convicted of a felony offense or a crime of moral turpitude;
(ii) been deprived of or restricted in the use of a license or permit to practice or conduct business in the field or business of law, medicine, accounting, insurance, or banking by a court, regulatory, administrative authority or official, or arbitral body based on any finding of misconduct, incompetence, or gross negligence;
(iii) been found by a court, regulatory, administrative authority or official, or arbitral body (or admitted in a proceeding before a court, regulatory, administrative authority or official, or arbitral body) to have committed a breach of trust as trustee, breach of fiduciary duty, or fraud;
(iv) been found by a court, regulatory, administrative authority or official, or arbitral body (or admitted in a proceeding before a court, regulatory, administrative authority or official, or arbitral body) to have knowingly or recklessly made a materially false or misleading statement or omission in the course of a proxy solicitation or in materials prepared to be included in the proxy statement to be disseminated by any other person or entity, or otherwise violated a federal and/or state securities law;
(v) been removed from the position of director or officer of any corporation or other entity due to fraudulent acts, breach of fiduciary duty, gross negligence or willful misconduct; or
(vi) been found by a court, regulatory, administrative authority or official, or arbitral body (or admitted in a proceeding before a court, regulatory, administrative authority or official, or arbitral body) to have materially breached a confidentiality agreement with the Corporation.

THE FOLLOWING SHAREHOLDERS HAVE HAD THEIR MAIL RETURNED:

Gareth R. Wright

Brian Allen Markley

Loretta Coffee

Richard Wayne Perry

Miranda Joanne Leuer

Missing Shareholder Addresses

One of our most time consuming tasks is finding current mailing addresses for shareholders who do not let us know they have moved. Did you know that the post office can forward your mail at no cost by filling out a simple form? Or notify Maserculiq Incorporated by contacting Dora Pitka at the Maserculiq office in Marshall at 907-679-6512 or office@maserculiq.com or email ceo@maserculiq.com

We do not have current mailing addresses for the following shareholders:

MARTHA JACOBSSON

MICHAEL LOUIS PAPP

DONNA RAE HUNTINGTON

AUGUSTA ASKOAK

2026 Annual Shareholders Meeting

The 2026 Annual Meeting will be held virtually August 8, 2026.

Solicitation letters will be mailed in late March. Proxy materials will be mailed in late June.

UNCASHED CHECKS

If you have an uncashed check from 2025 or earlier, you will need to request a new check by sending the check reissuance form to Maserculiq Incorporated, PO Box 90, Marshall, AK 99585 or by emailing to office@maserculiq.com.

FORM LINK: https://acrobat.adobe.com/id/urn:aaid:sc:US:1744cc77-f828-4556-bb2f-cef4c2d3767c