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Investor Presentaiton

APFC Russian Securities - As of December 31, 2021 APFC's exposure to Russian securities totals to $219 million which accounts for 0.3% of Alaska Permanent Fund's $82 billion assets under management. Millions $200 $153.1 mm $150 $100 $63.2 mm $50 $2.7 mm $0 Fixed Income Public Equity Private Equity SEAL OF OF ALALI THE STATE Fixed Income Public Equity Private Equity of ALASKA Governor Mike Dunleavy $63 million in Russian and Ukrainian governments bonds in the Fixed Income portfolio. Less than $10 million of that under internal management. $153 million in publicly traded Russian stocks, traded on the Moscow Stock Exchange. All public stocks held in APFC's name are in externally managed accounts. $2.7 million represents Private Equity stakes in portfolio companies held by funds in which APFC is one of many investors. APFC does not maintain control of the investments in these portfolio companies. 14
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