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Investor Presentaiton

ALAT Treasury Russian Equity Investments - 1/31/22 Treasury Russian equity investments - 0.23% of $50.6 billion in assets: State Investments - 0.10% of $7.7 billion in assets 0.10% of state assets had Russian equity exposure on 1/31/22 ($7.4 million). • 1 passive/index investment manager. Defined Benefit Retirement Systems - 0.28% of $33.9 billion in assets 0.28% of the retirement funds had Russian equity exposure on 1/31/22 ($93.5 million). ⚫ 7 investment managers - 4 active, 3 passive/index. Participant Directed -0.15% of $9.0 billion in assets ⚫ 0.15% of participant directed assets had Russian equity exposure on 1/31/22 ($13.4 million). • 4 investment managers - 2 managers active, 2 passive/index funds. • All of the Russian exposure is through commingled funds where the ARMB is not the direct fiduciary for the funds. Treasury has directed a halt to the purchase of Russian securities at this time due to illiquidity and risk uncertainty. THE STATE "ALASKA Governor Mike Dunleavy 00 8
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