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2024-05-30 Special MeetingNEWS RELEASE UrientEAFOOOS q.j 5303 Shilshole Ave NW, Seattle, WA 98107 NOT FOR RELEASE BEFORE 1.35 P.M. PDT ON MAY 30. 2024 FOR MORE INFORMATION, CONTACT: Alexis Telfer (Trident Seafoods, Corporate Communications) atelfera-tridentseafood s. co m Trident Seafoods to continue operations at its Kodiak, Alaska Plant through 'B' Season. The move is part of the company's commitment to supporting fishermen and communities while executing its strategic restructuring and modernization initiative. Seattle, WA and Kodiak, AK — May 30, 2024 —Trident Seafoods has announced that its plant in Kodiak, Alaska, will continue operating through 'B' Season, ensuring local fishermen have a market for the season and surrounding businesses remain secure. The company will remain the facility's operator while confidential sale negotiations continue. "We know how important the Kodiak plant is to the community and the surrounding fisheries," said Jeff Welbourn, Senior Vice President of Alaska Operations. "We appreciate that this is an uncertain time. The decision to continue operations through 'B' Season is tied directly to our commitment to ensuring the plant remains an important economic contributor to Kodiak and the surrounding community now and into the future." Trident announced last year that it was seeking buyers for four of its Alaska shoreside plants as part of a comprehensive, strategic restructuring and modernization initiative. In April 2024, the company announced the sale of its Petersburg plant to E.C. Phillips & Son, and its Ketchikan plant was purchased by Silver Bay Seafoods. Negotiations with prospective buyers for the company's False Pass and Kodiak facilities remain ongoing. As the largest and most complex plant, with year-round operations supporting multiple species, the complexity of the operations makes the sale of the Kodiak plant a lengthier due diligence process. "We're currently in the middle of sale negotiations for Kodiak, a process covered by a non- disclosure agreement," said Joe Bundrant, CEO of Trident Seafoods. "While we aren't able to disclose more details at this time, we're confident about the plant's future, and we're looking forward to sharing more details as soon as possible." #fl# About Trident Seafoods. Trident Seafoods is North America's largest vertically integrated seafood harvesting and processing company. Trident is a privately held, 100 percent USA -owned company with global operations in 6 countries and serves customers in almost 60 countries. Headquartered in Seattle, Washington (USA), Trident employs approximately 9,000 people worldwide each year and partners with over 5,400 independent fishermen and crewmembers. Species harvested and processed by Trident include virtually every commercial species of salmon, whitefish, and crab harvested in the North Pacific and Alaska. The global supply chain also includes cultured and wild species from a network of trusted sources worldwide. Follow Trident on the Web at www.tridentseafoods.com or on social media on Facebook, X (Twitter), Instagram, Pinterest, YouTube, or Linkedln. KODIAK ISLAND BOROUGH ASSEMBLY ROLL CALL SHEET Regular Special ✓ Convened: [�. 3fl Recessed: Reconvened: Date: 5— 30 - 2A Adjourned: BY: SECOND: LAW Mr. Ames BY: S S BY: ,5 SECOND: ►2S SECOND: J 50� �0 , YES NO_XFP rM Ames-- BY: S SECOND: J e YES NO hA 4rrres� BY: SS SECOND:J E-! .0 �' ' "",.,,—;gym Mr. Griffin ,/ Mr. Griffin Y Mr. Griffin Mr. Griffin ✓ Mr. Griffin Mr. LeDoux Mr. LeDoux Mr. LeDoux Mr. LeDoux,* V,," Mr. LeDoux Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Smiley ✓ Mr. Smiley Mr. Smile Mr. Smiley Mr. Smiley p ✓ Mr. Turner Mr. Turner Mr. T er Mr. Turner Mr. Turner Mr. Whiteside Mr. Whiteside M . hiteside Mr. Whiteside Mr. Whiteside ' WOULD ANYONE LIKE TO CHANGE THEIR VOTE_ ? WOULD ANYONE LIKE TO CHANGE THEIR VOTE? TOTAL: TOTAL: TOTAL: TOTAL: TOTAL: GJ The mayor may not vote except in the case where only s'x members of the assembly are present and there is a three/three tie vote of the assembly. Mayor Arndt Mayor Arndt Mayor Arndt Mayor Arndt —77Mayor Arndt Eve V oW C YXCw! a- k,vm �- 0 b YlZE(k -b4 + VO -44 " - N K.o 0 �u Lo 6uLk- We wu: gid Q-sv too- u.( 0L k q V� KODIAK ISLAND BOROUGH ASSEMBLY ROLL CALL SHEET Regular Special r Convened: Recessed: Reconvened: Date: . -:;f)—? f Adjourned: -7-1310 •M BY: SECOND:3-f 00 J BY: SECOND: ] 6 Iv J� 0 BY: SECOND: BY: SECOND: BY: SECOND: YES NO YES NO YES NO YES NO "^ria des Mr. Ames Mr. Ames Mr. Ames Mr. Griffin Mr. Griffin Mr. Griffin Mr. Griffin Mr. Griffin Mr. LeDoux Mr. LeDoux Mr. LeDoux Mr. LeDoux Mr. LeDoux Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Sharratt Mr. Smiley Mr. Smiley Mr. Smiley Mr. Smiley Mr. Smiley Mr. Turner Mr. Turner Mr. Turner Mr. Turner Mr. Turner Mr. Whiteside Mr. Whiteside Mr. Whiteside Mr. Whiteside Mr. Whiteside WOULD ANYONE LIKE TO CHANGE THEIR VOTE_ ? WOULD ANYONE LIKE TO CHANGE THEIR VOTE?' TOTAL: TOTAL: I TOTAL: F7 TOTAL: TOTAL: The mayor may not vote except in the case where only six members of the assembly are present and there is a three/three tie vote of the assembly. Mayor Arndt Mayor Arndt Mayor Arndt Mayor Arndt Mayor Arndt KODIAK ISLAND BOROUGH Meeting Type: S -ec, c-� Date: 3fl IZ Please PRINT your name legibly Phone number ��Ckq�-217,6 yz. 1 11 VOr4A J-5 z lqz- - 0 t�S U -4 ' �-�Cf —7��'64, CWIA4f it- �6 Lf --4 -7-7.2 9a7- aa7 - 3 od I Kodiak Island Borough Assembly Newsletter Vol. FY2024, No. 25 May 31, 2024 At Its Regular Meeting Of May 30, 2024, The Kodiak Island Borough Assembly Took The Following Actions. The Next Regular Meeting Of The Borough Assembly Is Scheduled On Thursday, June 6, 2024, At 6:30 p.m. In The Borough Assembly Chambers. POSTPONED INDEFINITELY The Authorization For The Borough Mayor To Sign A Letter To Send To The North Pacific Fishery Management Council In Support Of An Emergency Rule Request To Allow Mothershipping In The Central Gulf Of Alaska (CGOA) 2024 Pollock B Season Fishery Agenda Item: B Reports ADOPTED Resolution No. FY2025-01 Establishing The Amount Of Funds To Be Made Available From Local Sources For The Kodiak Island Borough School District For The Fiscal Year Beginning July 1, 2024, And Ending June 30, 2025 View our website: Visit our Facebook page: � Follow us on www.kodiakak.us www.facebook.com/KodiakislandBorough Twitter: @KodiakBorough