Welcome Adventurers!

Choices lay before you, but before you embark, let us set the scene: It's 2022, and for the last two years every business, not-for-profit, and nonprofit across the globe has been operating to the best of Its ability under the demands of a worldwide pandemic.

Not every business made It: some saw an unanticipated and unavoidable drought, markets or customers drying up seemingly overnight, while others chose a downhill route that led over a steep cliff--an unfortunate end.

Other businesses worked their way through the labyrinth, emerging at the end with bumps and scrapes and a whole lot of lessons learned. They navigated plot twists that arose from working and living at home, social distancing, PPE shortages, logistics issues, and a growing demand for houseplants.

So here we are! We know what's behind us, but what's next? That decision is up to the companies still providing the goods and services that keep Alaska running. Whether they trudged through the pandemic or launched anew because of it, they must place their next steps carefully.

For the seasoned adventurers In the following pages--our 2022 Top 49ers--none of them began their journey within the last twenty-four months: even the most ambitious business plan generally doesn't call for gross revenues above $51 million in less than two years. Which means these are all veteran businesses that fell Into a lagoon Infested with laser sharks--a common metaphor for the pandemic, we're pretty sure--and found a way across.

They've also all cleared a new hurdle: our revised Top 49ers criteria. Before this year, the criterium for being a Top 49er was (seemingly) straightforward: be at least 51 percent Alaskan-owned. But who is an Alaskan? Is someone who was born and raised in Alaska but resides elsewhere, at least part of the year, still Alaskan? Is someone who moved away from the state temporarily for a job or education Alaskan? Is someone who's only been a resident for one year Alaskan? is a publicly traded company with stockholders worldwide Alaskan-owned, provided all its operations are in the state?

Instead of defining what "Alaskan" means (the concept is too big for one editorial team, no matter how dedicated, to nail down), we established two new criteria: founded and headquartered In Alaska. We are honoring the companies that started here and stay here, dedicated to drawing revenue back to the 49th state. Amid a world of options, they have committed to their original base camps.

None of the Top 49ers strapped on their gear and hiked up Pandemic Mountain just to lay down for an afternoon nap. The challenges of the pandemic have leveled up their business skills: using new technology, understanding their workforce, Improving communication. The route each Top 49er ;ook has set them in a unique position for the upcoming year, and there are options aplenty for each-unexplored markets, potential acquisitions, or new skillsets in the form of exceptional personnel.

In this special section and throughout the magazine, you will encounter forks in the road, options for roaming through the wilderness between these covers. You may have chosen the straight path from beginning to end (which is never a bad reading option), or the choices at the bottom of the page may have brought you here from any other direction. In the spirit of adventure, we hope you'll follow a less direct path and seek enriching connections among the contents of this exceptional section and issue. Whatever options lay ahead, choose adventure: get out, get up, get going, and find success. The Top 49ers always do.

1

ARCTIC SLOPE REGIONAL CORPORATION

2021 Rank: 1|13% Change in Revenue

Expedition Leader: Rex A. Rock Sr., Pres./CEO Base Camp: Lat 71.29219923, Long -1567863626

2021 $3,876,830,000 2020 $3,420,602,000 2019 $3,766,757,000 2018 $3,396,783,000 2017 $2,697,862,000X Noteworthy Events: We are proud to report that in 2021 ASRC achieved record revenues and its second highest adjusted EBITDA in the corporation's history, despite the global pandemic and its effects. ASRC further strengthened its stable financial foundation built by its past and present leadership. Services: ASRC has six major business segments: government contract services, industrial services, petroleum refining and marketing, energy support services, construction, and resource development. Employees: 14,656 Worldwide | 3,165 Statewide

Year Founded in Alaska: 1972

907-852-8633|asrc.com

2

BRISTOL BAY NATIVE CORPORATION

2021 Rank: 2 | 28% Change in Revenue

Expedition Leader: Jason Metrokin, Pres./CEO Base Camp: Lat 61.2061556, Long -149.8912328

2021 $2,162,939,000 2020 $1,690,619,000 2019 $1,766,967,000 2018 $1,689,014,000 2017 $1,659,345,000 Noteworthy Events: BBNC subsidiary Bristol Wild Seafood Co. was recently announced as a Microsoft Product with Purpose. Microsoft celebrated by featuring Bristol Wild's Bristol Bay sockeye salmon and Alaska cod in dining locations on campus and by holding a Seafood Sustainability panel and a salmon culinary demonstration. Services: Industrial services, construction, government services, seafood, tourism, and natural resources. Employees: 5,128 Worldwide | 1,187 Statewide

Year Founded in Alaska: 1972

907-278-3602 | bbnc.net

3

NANA REGIONAL CORPORATION

2021 Rank: 3 115% Change in Revenue

Expedition Leader: John Agnaaqtuk Lincoln, Pres./CEO Base Camp: Lat 66.89182454. Long -162.6072898

2021 $1,769,700,000 2020 $1,536,513,873 2019 $1,655,322,000 2018 $1,501,302,000 2017 $1,354,000,000 Noteworthy Events: John Agnaaqtuk Lincoln was named NANA president/CEO. Previously he was VP, external affairs; VP, business development; and VP. lands. He graduated from Stanford. NANA distributed $32.8 million in CARES Act relief funds to shareholders, $27.8 million to the shareholder trust, and $3.7 million to social and cultural programs. Services: Resource development, land management, federal contracting, engineering and design, surveying and mapping, food and facilities management, camp services, security, industrial and commercial fabrication and installation, drilling services. Employees: 15,323 Worldwide | 4,602 Statewide

Year Founded in Alaska: 1972

907-442-3301| nana.com

4

CHENEGA CORPORATION

2021 Rank: 5 |16% Change in Revenue

Expedition Leader: Charles W. Totemoff, Pres./CEO Base Camp: Lat 61.1464085, Long -149.8870593

2021 $1,100,000,000 2020 $949,000,000 2019 $871,000,000 2018 $830,000,000 2017 $876,000,000 Noteworthy Events: Chenega continues to maximize our business opportunities, support shareholders, and work on our infrastructure projects in the village. Services: Chenega provides expertise and support to defense, intelligence, and federal civilian customers. Through our portfolio of companies, Chenega can compete in 8(a), small business, and full and open markets. Employees: 7,196 Worldwide | 109 Statewide

Year Founded in Alaska: 1974

907-277-5706 ] chenega.com

5

LYNDEN

2021 Rank: 4 113% Change in Revenue

Expedition Leader: Jim Jansen, Chairman Base Camp: Lat 61.159052, Long 449.9724401

2021 $1,080,000,000 2020 $960,000,000 2019 $1,075,000,000 2018 $1,050,000,000 2017 $950,000,000 Noteworthy Events: Lynden was voted the Best Cargo/Logistics provider in the 2022 Best of Alaska Business awards. Alaska West Express received the 2021 Alaska Safe Truck Fleet of the Year Award. Bering Marine received the Transportation Safety Award from the American Red Cross. Services: The Lynden family of companies provides transportation and logistics solutions. They serve the entire state of Alaska and offer a full range of transportation options across all modes-air, land, and sea-so customers can optimize time and money when shipping to, from, or within Alaska. Employees: 2,472 Worldwide | 944 Statewide

Year Founded in Alaska: 1982

907-245-1544 | lynden.com

6

CHUGACH ALASKA CORPORATION

2021 Rank: 6 | -15% Change in Revenue

Expedition Leader: Sheri Buretta, Board Chair Base Camp: Lat 61.18557, Long -149.89259

2021 $783,000,000 2020 $919,000,000 2019 $977,000,000 2018 $949,000,000 2017 $920,000,000 Noteworthy Events: Earned record operating profit and net income (both 2020 and 2021); committed $24.2 million in CARES Act funds to support region/shareholders during COVID-19; awarded Best Place to Work, Best COVID Response, and Community Citizen in the 2022 Best of Alaska Business awards; welcomed new presidents in all three holding companies; generating carbon project revenue. Services: Chugach has a portfolio of complementary businesses across a range of industries including government, energy, and facilities services. Chugach also manages an investment portfolio and land and natural resource development projects in the region. Employees: 4,500 Worldwide | 1,000 Statewide

Year Founded in Alaska: 1972

907-565-8866 | chugach.com

7

CALISTA CORPORATION

2021 Rank: 7 | -1% Change in Revenue

Expedition Leader: Andrew Guy, Pres /CEO Base Camp: Lat 61.1766714, Long 449.8886257

2021 $722,630,000 2020 $732,937,000 2019 $573,299,000 2018 $574,354,000 2017 $480,200,000 Noteworthy Events: Calista passed a major milestone with more than $100 million in lifetime distributions to shareholders. Calista shareholder enrollment has grown to more than 35,100. Additionally, internships and scholarships are continually offered, with $5.9 million in scholarships to date. Services: Calista Corporation is the parent company of 30+ subsidiaries in the industries of defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment. Employees: 3,200 Worldwide | 700 Statewide

Year Founded in Alaska: 1972

907-275-2800 | calistacorp.com

8

AFOGNAK NATIVE CORPORATION

2021 Rank: 9 | 0% Change in Revenue

Expedition Leader: Greg Hambright, Pres./CEO Base Camp: Lat 577844988, Long -152.4000657

2021 $657,600,000 2020 $658,753,000 2019 $618,395,000 2018 $643,686,000 2017 $608,104,000 Noteworthy Events: Afognak Native Corporation contributed more than...