1. STATE OF ALASKA Susan Bell, Commissioner, Department of Commerce, Community, and Economic Development SLANDSSTOFA ÍSLANDSSTOFA Promote Iceland May 15, 2013

2. Alaska’s Strengths Page  2 Prepared by the Alaska Department of Commerce, Community, and Economic Development Worldwide recognition that Alaska is unique, scenic, and large Abundance of natural resources Fiscally sound –AAA bond rating and budget discipline Strategic Arctic location Economic development across all sectors—particularly mining, energy, tourism and transportation Opportunities for investment and trade

3. Alaska Tourism Page  3 Prepared by the Alaska Department of Commerce, Community, and Economic Development Governor Parnell supporting growth through: Reasonable taxes and fees Robust marketing efforts Regulatory and permitting reform

4. Alaska Fisheries and Seafood Page  4 Prepared by the Alaska Department of Commerce, Community, and Economic Development Alaska and Iceland are partners in the FAO-based sustainable seafood management programs Partners at the Boston Seafood Show and Brussels Seafood Exposition Taxes and fees used to fund marketing Alaska Seafood Marketing Institute Small business loans for commercial fishing and mariculture Incentives for value-added processing Funding for regional aquaculture associations

5. Alaska Fisheries and Seafood Exports Page  5 Prepared by the Alaska Department of Commerce, Community, and Economic Development

6. Alaska Fisheries and Seafood Statistics Page  6 Prepared by the Alaska Department of Commerce, Community, and Economic Development Alaska’s largest employer Over 5.6 billion pounds of seafood harvested in Alaska in 2011 Ex-vessel value of $2.3 billion in 2011 Alaska has 10,686 km of coastline (Iceland has 4,970 km)

7. Alaska Energy Resources Page  7 Prepared by the Alaska Department of Commerce, Community, and Economic Development Restructuring taxes to increase TAPS throughput Gasline development Exploration and development incentives Goal: 50% of electrical generation from renewables by 2025 Renewable energy grants Rare earth element development Training Financing for infrastructure development and transmission Permitting teams to expedite permits Port development Resource mapping and research Energy efficiency programs

8. Arctic Opportunities Page  8 Prepared by the Alaska Department of Commerce, Community, and Economic Development Undertaking an Economic Development Initiative to determine future growth and new partnerships with our Arctic neighbors Arctic Port study Newly formed Arctic Policy Commission Oil and gas exploration Energy exploration Minerals extraction

9. Business Opportunities Abound Page  9 Prepared by the Alaska Department of Commerce, Community, and Economic Development Alaska offers an attractive business climate with great opportunities for business development, partnership, and investment opportunities Tourism Fisheries and Seafood Energy Arctic www.commerce.gov