Koniag is one of twelve Alaska Native regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Koniag was incorporated in Alaska on June 23, 1972.[1] Headquartered in Kodiak, Alaska, with additional offices in Anchorage, Koniag is a for-profit corporation with about 4,300 Alaska Native shareholders primarily of Alutiiq descent.[2]