The Investment Marks Huna and Chukka’s First Joint Venture Since Their Partnership
Announcement Nearly One Year Ago

Juneau, Alaska / Montego Bay, Jamaica (March 14, 2024) — Huna Totem Corporation, the
award-winning Alaska Native Village Corporation with operations across the state, today
announced that it has taken a stake in Chukka USVI, which previously acquired Cruise Ship
Excursions, the over 50-year-old tourism business dedicated to creating unforgettable memories
for visitors to St. Thomas, U.S. Virgin Islands.

This is the first joint venture for Huna and Chukka since they announced a partnership nearly one
year ago. The guest-centric organizations agreed to jointly develop, promote and expand
destination development and shore excursion tourist attractions throughout the Caribbean and
Alaska as both have a notable interest in the responsible evolution of port development to
destination development and land side tour attractions.

“We struck a partnership with Chukka for many reasons, but one of the most important is the
perfect alignment of our values and our commitment to the communities we serve,” said Huna
Totem Corporation President and CEO Russell Dick. “This Chukka USVI joint venture is an excellent
opportunity for us to grow our businesses with a long-standing, well-respected company that has
been dedicated to leaving a positive impact on everyone it serves and supports. We look forward
to harnessing our collective passion to deliver world-class experiences.”

“We’re really excited about this new partnership,” said Marc Melville, CEO
of Chukka Caribbean Adventures. “It’s a great opportunity for us to learn from each other. As we
start our first joint venture together, I’m optimistic we’ll find more avenues that match our
investment strategies in our respective regions.”

Cruise Ship Excursions is a cornerstone of the tourism industry in the USVI, offering immersive
local experiences marked by exceptional customer service.